Answer: a. Partnership
Explanation:
Partnership could be defined as a process where two or more group of persons join their resources together to form a business or an investment, if it's a business, it is ran by both of them and the profit and loss realised is been shared amongst them. During partnership, the ratio of capital invested determines the ratio of profit that would be realised by the different persons. Harold and Zack combining resources to own a real estate investment is known as capital despite not signing legally for it yet.
Answer:
e. $111,000
Explanation:
Absorption costing income for year 3 = Income under variable costing - {Beginning inventory (units) * Fixed manufacturing overhead per unit} + {Ending inventory (units) * Fixed manufacturing overhead per unit}
Absorption costing income for year 3 = 115,000 - (500*8) + (0*8)
= 115,000 - 4,000 + 0
= $111,000
His total interest after three years is $1,135. 30.
<h3>What is interest?</h3>
Interest refers to money that is received in an investment or a loan. It is always a percentage of the principal sum.
For the first investment;
I = PRT/100 = $3,000 × 2.7 × 3/100 = $243
For the second investment;
A = P(1 + r/n)^nt
A = 5000(1 + 0.018)^3
A = $5275
I = $5275 - $5000 = $275
For the third investment
A = 5,000(1 + 0.00975)^(4 × 3)
A = $5617
I = $5617 - $5,000 = $617
Total interest = $617 + $275 + $243 = $1,135. 30
Learn more about compound interest:brainly.com/question/25857212
Answer:
can only be analyzed by projecting the sales and costs for a firm's entire operations.
Explanation:
To be able to effectively cut costs, an analysis of a company's sales and operating costs must be performed. In a cost-cutting situation, financial control will be an important predictor of competitive advantage, as the more detailed sales and cost projection and analysis, the more information the company will have to control inputs and outputs and design strategies that will assist. on long-term organizational success.