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Zarrin [17]
3 years ago
12

John, Paul, Mark, and Luke have been operating an LLC, and according to the operating agreement, the term of the LLC is set to e

xpire in the near future. What options do the four partners have
Business
1 answer:
Harlamova29_29 [7]3 years ago
3 0

Answer with its Explanation:

The partners of Limited Liability partnership are obliged to pass a resolution about the continuing of business or abandoning business. The resolution requires majority vote, which is three fourth majority.

If they want to revisit the terms and conditions for each partners of the business then they will have to form a new agreement on new terms and conditions for business purposes. The new terms might include the new deadline for expiration date of partnership or extension of partnership date.

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Department A had no Work-in-Process at the beginning of the period, 1,400 units were completed during the period, 400 units were
OLEGan [10]

Answer:

The total cost of the departmental Work-in-Process Inventory at the end of the period = $ 8200

Explanation:

                                  Units           % of                             EUP

                                                   Completion         D.Materials    Conversion

                                                                                                         Costs

                         No Of Units

Completed            1400              100                1400                  1400

<u>Units In Process      400               50%               400                    200  </u>

<u>Total                       1800                                   1800                     1600</u>

Ending Inventory Valuation

Working:

Direct Materials = $( 25,200/ 1800 )*400= $5600

Conversion Costs= ($ 20800/1600)*200= $2600

Total Ending Inventory Costs= $5600+$2600= $ 8200

Direct materials (1,800 at $14.00) $25,200

Direct labor 12,480

Factory overhead 8,320

Total Manufacturing Costs    $ 46000

4 0
3 years ago
Select the correct words to complete the statements about two different information sources for consumers.
Vesnalui [34]
The answers are as follows:
1. <span>A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use NEW TECHNOLOGY AND MEDIA.
The fastest way for companies to get information across to their customers these days is through internet technology and its associated media. Information through these channel and fast and travel wide.

2. BLOGS </span><span>may inform consumers about other people’s opinions on the newest dollar menu item.
A blog is an informational or discussional website that is published on the internet and which usually focus on a specific topic or field. Blogs can be owned by an individual or a business. Businesses use blogs these days to promote their products.</span>
4 0
4 years ago
Read 2 more answers
Amy wants to invest money for two years. She doesn’t know which investment is best for her. What should Amy do?
astra-53 [7]

Answer:

She should become more knowledgeable by talking with a financial adviser, reading books, or by taking a class.

Explanation:

5 0
3 years ago
You have been hired as a marketing director for Terraineous, a hiking apparel and footwear company. Your most urgent problem is
Sphinxa [80]

Answer:

The answer is: People variable

Explanation:

In a traditional 4 Ps marketing mix (price, product, place & promotion), customer services is not dealt with appropriately. A more modern approach, called the 7 Ps of Service Marketing adds the process, people and physical evidence variables.

People variable refers to the task individuals perform to support the product. They include service providers, customer service, marketers, etc.

This more modern approach (proposed in 1981) is mostly used for selling services, but has gained importance with more modern and technical products.

5 0
3 years ago
Flint Corporation is subject to a corporate income tax only in State X. The starting point in computing X taxable income is Fede
scZoUnD [109]

Answer:

b. $790,000.

Explanation:

The computation of the taxable income for X purpose is shown below:

Federal Taxable income $750,000  

Add: Deduction for state income taxes non-deductible $50,000  

Less: Interest on federal obligations i.e. deductible $10,000  

Taxable income $790,000  

Hence, option b is correct

7 0
3 years ago
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