Considering the equity ownership analysis, the two statements about owners of equity in a business that is TRUE include "<u>A Partner owns equity and Founders own equity.</u><u>"</u>
<h3>What is Owners Equity?</h3>
Owners Equity is a business term that is used to describe the right of the owners to the business assets after the liabilities are removed.
Given that owners' equity relates to the business's assets, then it is concluded that the <u>founders</u> and <u>partners</u> of the business own equity.
Hence, in this case, it is concluded that the correct answer is options A and D.
Learn more about Owner's Equity here:brainly.com/question/1166326
Answer:
this is an opinion question so you could honestly say what you want. It shouldn't be marked wrong.
Example answer: "I noticed that compared to the beginning of the year my endurance has gotten much better, I can last longer doing exercises that before I struggled to consistently complete. "
could be any response like that.
Answer:
institutional
Explanation:
Institutional advertising refers to advertising that shows the benefits and ideals or an organization. It does not focus on any particular product or service, instead its main goal is to build a positive image of the organization within the community. Many times institutional advertising is done when the organization has suffered from a serious of events that have damaged its reputation and it needs to improve it.
Hello,
Answer It really depends on what state you live in I live in Texas and Texas has a Law that says Managers MUST allow 15 min breaks.
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HumanSpider
Answer:
1) Colt Carriage Company
Income Statement
For the month ended April 202x
Revenues:
- Adults passengers $186,300
- Children $81,000
- Total revenues $267,300
Variable costs:
- City fees $26,730
- Souvenirs $7,425
- Brokerage fees $11,340
- Carriage drivers $52,650
- Total variable costs <u>$98,145</u>
Contribution margin $169,155
Period costs:
- Depreciation $2,900
- Horse leases $48,000
- Marketing expenses $7,350
- Payroll expenses $7,600
- Total period costs <u>$65,850</u>
Operating profit $103,305
2) If the total amount of passengers increase by 10%, then all variable costs will increase by 10% except brokerage fees which would increase only by 6%. Revenues should also increase by 10%. Period costs should not change.
Contribution margin should increase by 10.29% and operating profit would increase by 16.81%.
Explanation:
since the information is not complete, I looked it up:
Revenues
13,500 passengers:
8,100 x $23 = $186,300
5,400 x $15 = $81,000
total $267,300
variable costs:
fees paid to the city 10% of total revenue
souvenirs $0.55 per passenger
brokerage fees 60% of total tickets x $1.40
carriage drivers $3.90 per passenger
fixed costs:
depreciation $2,900
horse leases $48,000
marketing expenses $7,350
payroll expenses $7,600