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4 years ago

Define the term partnership as a type of business

1 answer:

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Definition: A legal form of business operation between two or more individuals who share management and profits. The federal government recognizes several types of partnerships. The two most common are general and limited partnerships. ... A limited partnership has both general and limited partners

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A car is driven 15Km East for 12minutes before the road changes. The car is then driven south for 18minute

Evgen [1.6K]

Answer:

30Km

Explanation:

7 0

3 years ago

Say that the average worker in Canada has productivity of $33 per hour while the average worker in the United Kingdom has produc

12345 [234]

Answer:

The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.

Explanation:

We can elaborate the following productivity table:

Year Canadian productivity British productivity

0 $33 per hour $29 per hour

1 $33.33 per hour $29.87 per hour

2 $33.66 per hour $30.77 per hour

3 $34 per hour $31.69 per hour

4 $34.34 per hour $32.64 per hour

5 $34.68 per hour $33.62 per hour

6 $35.03 per hour $34.63 per hour

At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).

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3 years ago

The long-term result of entry and exit in a perfectly competitive market is that all firms end up selling at the price level det

Mademuasel [1]

Answer:

The answer is avg cost curve

Explanation:

The long-term result of entry and exit in a perfectly competitive market is that all firms end up selling at the price level determined by the lowest point on the avg cost curve

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3 years ago

Company X sold one of its divisions for $15,000,000 at the end of 2018. At the time of sale, the division had a book value of $1

Lady bird [3.3K]

Answer:

Loss on discontinued use of unit= $900,000

Explanation:

Company X sold one of its divisions for fair value of $15,000,000 while the book value is $14,000,000.

So they made a gain of $1,000,000

The division made a pretax loss of $2,500,000

Net loss= Pretax loss- Gain from sale

Net loss= 2,500,000- 1,000,000

Net loss= $1,500,000

Tax rate for Company X is 40% so taxed amount for the loss= 0.40* 1,500,000= $600,000

Loss on discontinued use of unit= Pretax loss - Tax

Loss on discontinued use of unit= 1,500,000- 600,000= $900,000

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4 years ago

Umber Mattresses has had issues with inventory in the past. Missed shipping and unexpected price hikes have caused production is

r-ruslan [8.4K]

Answer: E. switch to a multiple supplier approach

Explanation:

Since the company has had issues with inventory in the past, then the recommendation of the production manager should be that the company should switch to a multiple supplier approach.

By switching to multiple supplier, the company can compare prices and also have alternative suppliers to call in case there's a challenge with a particular supplier.

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3 years ago