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olga2289 [7]
4 years ago
9

According to the Uniform Partnership Act, the three key elements of any general partnership are:

Business
1 answer:
Fudgin [204]4 years ago
7 0

Answer:

Common ownership, shared profits, and losses, and right to participate in management.

Explanation:

Partnership can be defined as a type of business arrangement between two or more persons. These individuals participate in the management of the business and also share the profits.

General partnership can be defined as an agreement between two or more individuals to participate jointly in the day to day management of the organisation. General partnership are easy and less expensive to establish. The financial responsibility of the business is shared equally among the partners.

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Given the following data for the economy, compute the value of GDP.
oksano4ka [1.4K]

Answer:

The value of GDP is 75

Explanation:

GDP is equal to Consumption + Investment + Government Spending + Net Exports (Exports minus Imports), where total Investment is equal to Fixed Investment plus the Change in Inventories.  

The change in GDP will therefore equal the change in Consumption + the change in Investment + the change in Government Spending + the change in Net Exports, where the change in Investment will equal the change in Fixed Investment plus the change in the Change in Inventories.

= Government purchases of goods and services  (10) + Consumption Expenditures  (70 )+ Exports  (5 ) - Imports  (12) + Change in Inventories  (-7 ) + Construction of new homes and apartments  (15 ) - Sales of existing homes and apartments  (22 ) + Government payments to retirees  (17 ) + Business Fixed Investment  (9)

= 75

5 0
3 years ago
Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement fo
Vsevolod [243]

Answer:

Total contribution margin= $76,328

Explanation:

<u>First, we need to calculate the unitary contribution margin:</u>

Unitary contribution margin= 64,960 / 4,000

Unitary contribution margin= $16.24

<u>Now, the total contribution margin for 4,700 units:</u>

Total contribution margin= 16.24*4,700

Total contribution margin= $76,328

3 0
3 years ago
The net income reported on the income statement for the current year was $226000. Depreciation recorded on plant assets was $351
Snezhnost [94]

Cash collections from clients at some point of the duration =beginning money owed receivable +internet credit income-ending accounts receivable = 1128000

= 125000+1216000-213000

= 1128000

Surely put, cash collection is the process of accumulating debts owed in your organization. these may be bills owed with the aid of a character or another business and might consist of each cutting-edge bill with an awesome balance and beyond-due money owed. you may additionally hear this referred to as payment collections.

Cash collection additionally referred to as charge collection, is a treasury characteristic that describes the method whereby an enterprise recovers coins from different groups (or individuals) to whom it has previously issued an invoice. the important thing objective of the coins series is to get invoices paid on their due date.

Cash collections typically come from one in every of two locations: coins income and collections on bills receivable. Use historical information and trends to estimate collections for every class and calculate the sum of the figures to locate general budgeted cash collections.

Learn more about Cash collections here: brainly.com/question/16346203

#SPJ4

4 0
2 years ago
Molen Inc. has an outstanding issue of common stock with an annual dividend of $8.50 per share. The stock's annual dividend is e
Pavel [41]

Answer:

price stock sell today is $141.67

Explanation:

given data

annual dividend = $8.50

stock = 6.0%   = 0.06

to find out

what price stock sell today

solution

we know that here annual dividend  and stock rate

so will find stock sell today by given formula that is

stock sell today = annual dividend  / stock    .............1

put here all these value

stock sell today = annual dividend  / stock

stock sell today = 8.50  / 0.06

stock sell today = 141.67

so price stock sell today is $141.67

4 0
4 years ago
What type of planning is conducted by the organization to prepare for, react to, and recover from events that threaten the secur
sattari [20]

Answer:

Contingency plan.

Explanation:

Contingency plan is a plan conducted by an organization to prepare for , react to and recover from events that threaten the security of information and information assets in the organization , and the subsequent restoration to normal modes of business operations.

It prepares the organization for any potential risk , as response to such risk will be fats and timely , and consequently , loss are minimized.

4 0
3 years ago
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