Answer:
The definition for the problem is listed in the segment below on explanations.
Explanation:
The seven elements that will have to go along with the partnership agreement or resolution are given below:
- Name, place, as well as nature.
- Title, capital commitment, and responsibilities.
- New partner practices.
- Benefit and loss account.
- Asset withdrawal.
- Partnership liquidation.
So that the above is the right answer.
Answer:
common stock = 29,000 credit
Explanation:
We will calculate the debits and credit and solve for common stocks:
Assets and expenses (debits)
cash 5,000
accounts receivable 12,000
furniture 10,000
expenses <u> 17, 500 </u>
Total 44,500
Now the credits which is liabilities, equity and revenues:
account payable 5,000
note payable 5,500
revenues 5,000
total 15,500
To balance common stock must made up the difference between debit and credit:
44,500- 15,500 = 29,000
Notes: from the expand accounting equation we can conclude which has debit and credit balance:
assets + expenses = laiblities + equity + revenues
this side is debit while this is credit
Answer:
A $ E
Explanation:
Business cycles are the fluctuations in economic activities, as indicated in varying GDP values. A full business cycle will have the economy experience periods of boom or peak and trough, which is the downturn.
The peak season is when the economy is operating at its optimal level. The economy is experiencing increased activities resulting in a high GDP value. Business and people incomes are high, while the rate of unemployment is low. The economy is flourishing at the peak period. In the graph points, A and E represents the peak.
Answer:
the minimum point on the AVC curve
Explanation:
The average variable cost denoted as AVC represent all the variable costs as electricty, water, gas, etc. divided by the output produced.
Where VC is the variable cost and Q represent the output produced.
In the short-run, a firm can "increase profits if the marginal revenue obtained from selling a product if exceeds the marginal cost of making that product".
And the lowest point on a competitive firm short run needs to correspond to the minimum point on the AVC curve since we assume that we are in a competitive firm's scenario, all the prices and variable costs needs to be as lowest possible in order to be competitive.
Answer:
44
Explanation:
Calculation for the due date that should be set for this project
First step is Find the square root of 4 which is 2 then we are going to cross multiply 2 by z value of 95% which is 1.645 which gives us 3.29(2×1.645).
Second step is to add the numbers of days which is 40 days to 3.29 which gives us the due date that should be set for this project which is 43.29(40 days + 3.29) approximately 44.
Due date=
1.645 = (x - 40)/√4
1.645=(x - 40) /2
Cross multiplication
1.645×2=(x-40)
x=(1.645×2)+40 days
x=3.29+40 days
x=43.29
Approximately 44 days
Therefore the due date that should be set for this project will be 44 days