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Elza [17]
3 years ago
5

Sandy, Ramon, and Bonnie were partners. Sandy dissociated from the partnership. Bonnie and Ramon decided to continue the busines

s. When Sandy dissociated, there was a $50,000 debt owed to Great State Bank. Which statement is correct
Business
1 answer:
IRISSAK [1]3 years ago
8 0

Sandy remains liable on the $50,000 debt owed to Great State Bank.

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What is the difference between an employee and an entrepreneur?
sasho [114]

Answer:

Employees fall under a particular job category. Entrepreneurs create their own profile. Employees have to perform tasks according their respective job profiles. Irrespective of their interest, they are forced to work in an alien environment.

3 0
3 years ago
Read 2 more answers
Answer the next question on the basis of the following data. Output Total Cost 0 $24 1 33 2 41 3 48 4 54 5 61 6 69 The average f
Nezavi [6.7K]

Answer:

Option (A) is correct.

Explanation:

The average fixed cost is determined by dividing the total fixed cost by number of units produced.

Given that,

Fixed cost = $24

The average fixed cost of producing 3 units of output is:

= Total Fixed cost ÷  Number of units produced

= $24 ÷  3

= 8

Therefore, the average fixed cost of producing 3 units of output is $8.00.

8 0
3 years ago
Which of the following statements support the claim that incentives matter? Explain why or why not. 1. When income transfers to
siniylev [52]

Answer:

1. When income transfers to the able­bodied poor increase, the recipients will have less incentive to work.

The incentive to work for most people is earning a wage to make a living.

For the poor, this incentive is even more so, because usually, the lack of work for them means severe lacking in their material needs: shelter, food, clothing, electricity, drinking water, and so on.

If the poor are given income transfers from the government, they will have less incentive to work simply because they now obtain some income without the need of doing so.

The incentive to work is reduced even more if the income transfers to the ablebodied poor increase so much that they become higher than the minimum wage. In a situation like this, many ablebodied poor will simply stop searching jobs because they can earn more money from the government by not working.

6 0
3 years ago
Fortunately, those who survive company layoffs rarely exhibit negative behaviors (such as decreased productivity or low morale).
Komok [63]

Answer:

The correct answer is letter "B": False.

Explanation:

Company layoffs not only represent a problem to the workers not working anymore for the firm but also to those who keep the job. Layoffs, in general, create uncertainty within a company because the remaining workers typically tend to believe sooner or later they will be laid off as well. Low esteem, engage with the company, and productivity is the result of this scenario.

6 0
3 years ago
Jack owns a 10% interest in a partnership (not real estate) in which his at-risk amount is $42,000 at the beginning of the year.
White raven [17]

Answer:

False

Explanation:

Under the at risk rules, the amount a tax payer has at risks at the year end is limited to the amount the taxpayer has at the end of the year.

The amount a taxpayer has at risk is increased by the taxpayer's income and decreased by the share of losses and withdrawal from the activity. For partnership, the at risk increases with an increase in debt and vice versa.

Jack's year-end at-risk amount = At risk amount - (interest *loss) = $42,000 - (10% × $60,000 loss) = $36,000

7 0
3 years ago
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