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kolezko [41]
2 years ago
10

Jorge and Fred have a product they would like to sell. They decide to share the risks and profits by forming an unincorporated b

usiness. The business organization Jorge and Fred have MOST LIKELY formed is a(n)
Business
2 answers:
sukhopar [10]2 years ago
3 0
<span>The business organization Jorge and Fred have most likely formed is an Partnership. Because they share all profits and risks caused by an organisation. There is a major advantage in partnership where we can take decisions and plans together and strive towards the excellence of the organization. Even-though there is a debt problem we can share and solve the debts.Mutual Understanding is the main point in Partnership.</span>
STALIN [3.7K]2 years ago
3 0

The business organization Jorge and Fred have MOST LIKELY formed is a <u>"partnership".</u>


A partnership is a formal course of action in which at least two gatherings participate to oversee and work a business. Different association courses of action are conceivable in which all accomplices may share liabilities and benefits similarly or a few accomplices may have constrained risk. Few out of every odd accomplice is essentially engaged with the administration and everyday tasks of the endeavor, for example, on account of a "silent partner." In a few locales, organizations appreciate great expense treatment in respect to enterprises.

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Answer and Explanation:

The computation is shown below:

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Now

as we know that

AFC = FC ÷ Q

Now for At 1,000,000 papers,

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= $1.50/mo

At 800,000 , it would be

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= $1.875/mo

MC = $0.35 per paper  and the same is not changed

Now for break even, the average total cost is

ATC = AFC + AVC

ATC = FC ÷ Q + VC ÷ Q

VC = MC × Q

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At Q = 1,000,000,

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ATC = $1.85

At Q = 800,000 , it would be

ATC = 1.875 + 0.35

=  $2.225

As it can be seen that

The AFC changes from 1.50 to 1.875 which shows an increment of 0.375.

The MC remains constant or same  at 0.35 as the printing and delivery costs per paper are remain same

And, The minimum amount that we must charge to break even rises i.e. from 1.85 to 2.225. That is a rise of 0.375

6 0
3 years ago
On December 31, 20X5, Day Co. leased a new machine from Parr with the following pertinent information: Lease term 6 years Annual
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6 0
2 years ago
Due to a recession, expected inflation this year is only 3.75%. However, the inflation rate in Year 2 and thereafter is expected
Solnce55 [7]

Answer:

5.25%

Explanation:

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Here

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Nominal yield on bond is Y for year 1

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Inflation Rate for Year 3 = 8.75% - 3.5%

Inflation Rate for Year 3 = 5.25%

4 0
3 years ago
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