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3 years ago

Because of the unlimited liability of all partners, a general partnership most

Business

2 answers:

Rudiy273 years ago

6 0

Answer:

sole proprietorship ( B )

Explanation:

partnership is a kind of business that involves the pooling of resources together by two or more partners with the aim of successfully setting up a business venture.

In a partnership business depending on the number of partners and the agreement between partners. the partners have an unlimited liability as seen with sole proprietorship module of business. although a partner or some partners might be excluded from the unlimited liability status if they are in the partnership as "silent partners"

public corporations,Board of directors and limited partnership all have limited liabilities on the investors/partners involved with the company.

SVEN [57.7K]3 years ago

5 0

The correct answer is B, sole proprietorship.

A general partnerships is very similar to a proprietorship. One of the biggest detractors from both a partnership and a proprietorship is that the owners are personally responsible for the debts of the company.

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Determine the market potential for a backpack that has 200,000 prospective buyers who purchase an average of 2 backpack per year

LekaFEV [45]

Answer:

i.The total number of a company sell if it desires a 10% share of this market? is 40,000 units

ii. The % of the market supplies that should capture to break even is 5%

Explanation:

To calculate break even point in unit, use the formula;

Fixed Cost / Contribution Margin.

In this question, Fixed cost is the factory lease cost of one year for $400,000

Contribution margin is the difference betwen Selling Price and Variable Cost.

This will be $50-$30=$20

Therefore, Break even point in unit = $400,000 divided by $20

this will give 20,000 units.

20,000 units is 5% of the market size of (200,000X2) 400,000 units.

I.e. (20,000/400,000)X100=5%

8 0

3 years ago

Answer following question with true or false and explain.A firm's profit margin is 5%, its debt/assets ratio is 56%, and its div

maria [59]

Answer:

False

Explanation:

As a company's sales level increases, its current assets will increase, e.g. cash, inventories, accounts receivables increase. generally, also the fixed assets increase, specially if the firm was previous producing at full capacity even before total sales increased. But as sales increase, not only do the company's assets increase, its current liabilities generally increase also, and its profits should increase. In this case, 60% of the company's profits are reinvested in the company, and the liabilities represent more than half of the total assets. Therefore, it is possible that the company needs external financing, but it is also possible that it doesn't. You cannot assume that the company will necessarily need external financing, because retained earnings and the increase in current liabilities might be enough to finance the company's growth in sales.

8 0

3 years ago

*Marking brainliest for the first right answer*

vichka [17]

Answer:

yaah lower is only the answer

3 0

3 years ago

You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $350,000; auto loan, $18,

Stells [14]

Answer:

$202,200

Explanation:

DINK (double-income no kids): It suggest to add half all the marriage debt to the funeral expenses:

To the funeral expenses you will add half of the debts:

350,000 / 2 = 175,000 for mortgage

18,600 / 2 = 9, 300 for atomobile loan

5,200 / 2 = 2,600 for credit card debt

9,800 / 2 = 4, 900 other debt

funeral exp 10, 400

insurance: 202,200

8 0

3 years ago

A customer has requested that Byrd Corporation fill a special order for 9,000 units of product S51 for $20.50 a unit. Product S5

e-lub [12.9K]

Answer:

Effect on income= $4,500 increase

Explanation:

Giving the following information:

Special offer: 9,000 units of product S51 for $20.50 a unit.

Direct materials $ 3.10

Direct labor 1.50

Variable overhead 6.40

The customer would like modifications made to product S51 that would increase the variable costs by $5.00 per unit and that would require an investment of $36,000 in special molds that would have no salvage value.

Because it is a special offer, we will not have into account the fixed costs.

Unitary variable cost= 3.1 + 1.5 + 6.4 + 5= $16

Investment= 36,000

Effect on income= 9,000* (20.5 - 16) - 36,000

Effect on income= 40,500 - 36,000

Effect on income= $4,500 increase

8 0

3 years ago