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3 years ago

All of the following phrases describe a partnership except

1 answer:

3 0

All of the following phrases describe a partnership except (<span>B) high protection for your personal assets. Being with a partnership, at least, you have this idea of shared responsibility in making decisions for the company. Always, starting with low costs will surely be experienced in partnerships. The involvement between you and your partner will be up to 20 depends on the agreement.</span>

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The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning mercha

Deffense [45]

Answer:

desired ending finished goods units less beginning finished goods units.

Explanation:

production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..

7 0

3 years ago

If you are in a car accident cause by someone else who also has insurance, which type of insurance plan will not require you to

max2010maxim [7]

If you are in a car accident cause by someone else who also has insurance, the type of insurance plan that will not require you to pay out of pocket costs is liability insurance. If the car accident was not your fault and the person who caused the accident is also insured the claim should be paid by him under his coverage and your pocket will be safe as well as your insurance will not be affected.

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4 years ago

On January 1, 2020, Green Corporation granted 28,000 shares of restricted $13 par value common stock to its CFO. The market pric

EleoNora [17]

The correct answer is $588000

<u>Explanation:</u>

As the restricted shares provided to the employees are recorded at the market value. The restricted shares have a vesting period which means the employee cannot sell the stock right away, for example the CFO might have to wait for 2 years before being able to sell the stock. Generally, the company will debit deferred revenue expense with the amount of $588000 currently and write off over the vesting period.

Amount of compensation expense that needs ot be recorded by Green on the december 31,2020 is $588000.

( 28000 shares multiply with $21 per share).

6 0

3 years ago

Causwell Company began 2018 with 11,000 units of inventory on hand. The cost of each unit was $4.00. During 2018 an additional 3

Kaylis [27]

Answer and Explanation:

For computing the cost of goods sold under two method first we have to determine the cost per unit which is shown below:

The average cost per unit is

= $108,750 ÷ 25,000 units

= $4.35

Now the cost per unit is

Total cost (11,000 units + 35,000 units) × $4.35 $200,100

Beginning units (11,000 units × $4) $44,000

The Remaining cost for 35000 units ($200,100 - $44,000) $156,100

Divide by Purchase cost per unit of 35000 units $4.46

Now the cost of goods sold are as follows

1. Under the FIFO method

Beginning 11,000 × $4.00 $44,000

Purchased 14,000 × $4.46 $62,440

Total 25,000 $1,06,440

2. Under the LIFO method

Purchased 25,000 × $4.46 $1,11,500

4 0

3 years ago

When the president issues a rule or regulation that reorganizes or otherwise directs the affairs of the executive branch?

oksano4ka [1.4K]

What you described is called an executive order. The president can do this whenever he wants and if it's unconstitutional then the congress and the judiciary system, more specific the Supreme Court, can overthrow this and ban the executive order because it's considered to be unconstitutional or harmful. The president can use this for almost anything.

4 0

3 years ago

Read 2 more answers