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3 years ago

Which sentences describe characteristics of a partnership?

Business

2 answers:

lesya692 [45]3 years ago

4 0

Answer:

The correct answer would be option B, The owners pool their resources to raise capital.

Explanation:

Partnership is one of the four main forms of business. Other forms include Sole proprietorship, corporation, limited liability, etc. Partnership is a form of business in which there are two or more people who invest their money and time to flourish the business. The partners or owners invest their resources to raise capital. These resources can be in the form of money, technology, human, expertise, etc. All such resources will benefit the company and eventually increase the capital of the company and this increase will ultimately give benefit to the partners as they are the ones who will receive the profits.

Dominik [7]3 years ago

3 0

D sounds like the best answer

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A company’s unit costs based on 100000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $165

Simora [160]

Answer:

$81,000

Explanation:

The computation of the incremental profit (loss) from accepting the order is shown below:

Contribution per unit = $165 - $75

= $90

Now

Loss on contribution for giving up regular sales is

= $4,100 × 90

= $369,000

Now Incremental contribution for special order is

= ($135 - $75) × 7,500

= $450,000

So,

Incremental profit is

= $450,000 - $369,000

= $81,000

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2 years ago

What happens when the Federal Reserve puts money into the banking system

Anton [14]

When the Federal Reserve puts money into the banking system, short term interest rates fall because there is more capital in the system. This means that banks are willing to take more risks.

>>>The Federal Reserve System‍—‌also termed as the Federal Reserve or the Fed‍—‌is the central banking system of the United States.

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2 years ago

Many employers are wary of giving references for which of the following reasons? They suck up resources and energy from manageme

KIM [24]

Answer:

The most accurate answer is *They fear that if they give a positive reference for someone who doesn't work out in a new job, they may be sued by that person's new employer.

Explanation:

Giving a reference of an employees character, professional and ethical behavior, productivity and integrity is a great responsibility and not just a mere simple act.

this is mainly because the references are a main way to assess the suitability of hiring an employee and if we give an incorrect reference, the other firm might rely on it and hire an ineffective employee.

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2 years ago

Complete the following statements using either "debit" or "credit":

Gekata [30.6K]

Answer:

a Debit

b Credit

c Debit

d Credit

e Credit

f Credit

g Debit

h Debit

i Debit

Explanation:

The rules are that increase in assets such as cash account ,delivery equipment,accounts receivable are debited while the reverse is done for reduction in assets.

The increase in liability accounts and revenue such as accounts payable and revenue account delivery fees are normally credited while the reverse applies to decrease in liabilities.

The increase in expense is normally debited while the reduction in expense is a credit.

The increase in capital account is a credit

4 0

3 years ago

Cor-Eng Partnership was formed on January 2, 20X1. Under the partnership agreement, each partner has an equal initial capital ba

inessss [21]

Answer:

Cor's share of Cor-Eng's 20X1 net income is $60,000

Explanation:

Partnership Table

Cor$ Eng$ Total$

Ratio 60% 40% 100%

Assets 60,000 20,000 80,000

Goodwill 40,000 40,000

Initial Capital balance 60,000 60,000 120,000

Add: Net income 15,000 10,000 25,000

Less: Drawing -3,000 -9,000 -12,000

Year End balance 72,000 61,000 133,000

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2 years ago