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Vlad [161]
3 years ago
11

Most founders' agreements include a ________ clause, which legally obligates the departing founder to sell to the remaining foun

ders his or her interest in the firm if the remaining founders are interested.
Business
1 answer:
Ivanshal [37]3 years ago
3 0

The answer in the space provided is the buyback clause. The buyback clause is a sort of contract that has provision in which the seller has rights of having to purchase his or her own property with the use of rules or conditions.

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For each of the following transactions, determine if Raymond Corporation has earned revenue during the month of May and, if so,
kompoz [17]

Answer:In the month of May, Revenue was only earned from Customer C $3,400 and customer D, $2,300. Revenue was not earned from Customers A and B in the month of May. Therefore, total revenue is $5,700.

Explanation:In accordance with the principle of revenue recognition,Revenue will only be recognised when it is earned and services when they are fully rendered. For Customer A, the service has not been rendered, Therefore, the revenue is not yet earned.

For customer B, Although agreement has been reached and goods delivered, since payment hasn't been received, revenue is not recognised.

6 0
3 years ago
On January​ 2, 2017, Kellogg Corporation acquired equipment for​$800,000. The estimated life of the equipment is 5 years or​ 80,
lesya692 [45]

Answer:

Book value of the asset = $484,000

Explanation:

Given:

Equipment cost = $800,000

Residual value = $10,000

Computation:

Depreciation = (Equipment cost - Residual value) /  Life

Depreciation = ($800,000 - $ 10,000) / 5

Depreciation = $ 158,000 per year

Depreciation for 2 year =$ 158,000 x 2

Depreciation for 2 year = $316,000

Book value of the asset = Equipment cost - Depreciation for 2 year

Book value of the asset = $800,000 - $316,000

Book value of the asset = $484,000

6 0
2 years ago
A ______ resume is customized to highlight the specific qualifications and experience needed for a particular job.
KATRIN_1 [288]

Answer:

A. targeted

Explanation:

A resume (curriculum vitae) can be defined as a short text-based document that a job applicant use to briefly outline his or her qualifications, abillities and accomplishments, haven completed and obtained an academic certificate.

Generally, all job applicants are required to have a resume (curriculum vitae). This brief and concise document is always requested by human resource managers during the job application process.

Furthermore, the primary way to make a resume persuasive (to convince or inform an action in the minds of the readers - potential employers) is by customizing it to fit each company and position.

This ultimately implies that, job applicants are expected to tailor their resume to fit or match the position that is advertised by a company's human resources department.

Hence, a targeted resume (curriculum vitae) is customized (tailored) by a job applicant to highlight the specific qualifications and experience needed for a particular job.

3 0
3 years ago
The GLBA gives customers the right to opt out of information sharing, and banks must provide customers with a reasonable opportu
Diano4ka-milaya [45]

Answer:

C) Asking the consumer to write his or her own letter to exercise that opt out right

Explanation:

The whole purpose behind the Gramm-Leach-Bliley Act (GLBA)was to allow customers the right to easily opt out of information sharing by the banks. That means that the banks are required to provide an easy way for a customer to do so, and writing your own letter might be easy for some people, but very difficult for others.

It is much easier to do it by phone, or by simply mailing back a detachable form. If the client knows how to use internet and emails properly, then the bank must provide an easy option to opt out through an email or an option that can be found in the bank's website.

7 0
2 years ago
Liza has found two jobs she is interested in applying for. One job is at a fast food restaurant that pays $8.50/hour for flippin
goldfiish [28.3K]
It doesn't require any skills or special talent to flip burgers.

Hope this helps! :-)
8 0
3 years ago
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