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Hoochie [10]
3 years ago
7

Buggy Wars Two friends and neighbours arrange to go into business together and then become bitter rivals: This is the story of B

ob Bell and Michael Sharpe, who once lived just four houses apart on Oxford Street in Guelph, Ontario. Bell and Sharpe thought they had a good idea for a new business venture—a bicycle trailer—but the good idea turned into a long, sizzling struggle.
Business
1 answer:
fiasKO [112]3 years ago
6 0

The correct answer to this open question is the following.

Unfortunately, the question is incomplete. Indeed, there is no question at all, just a series of statements.

What we can do is to comment on this case.

We are talking about the story of Bob Bell and Michael Sharpe.

Royalties were the main reason for this dispute. Bob Bell was the engineer that invented the bicycle trailer. Michale Sharpe would focus on Marketing the product due to his experience with computers and sales. Sharpe wanted both to share the financial risks but Bell considered it hos invention and wanted more royalties. Things went in the wrong direction, the situation got worse and they both hired lawyers in Toronto, Canada.

After disputes and legal actions, Bell won the case and he could expanse his business nationwide and signed an agreement with a Chinese company to sell the product.  On the other hand, Sharpe made a 180-degree turn and started a fitness business.

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MatroZZZ [7]

Answer:

B. Search Ads 360

E. Display & Video 360

Explanation:

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3 0
3 years ago
The effects of paying a dividend on the basic accounting equation are to a. decrease assets and decrease stockholders' equity. b
Maslowich

Answer:

The corret answer is b. decrease assets and decrease liabilities.

Explanation:

First entry

Earnings Accrued (- Net Equity)

to various creditors (+ Liabilities)

Since the minutes of the assembly must indicate that they are taken from the profits of previous years, the accumulated profits are reduced.

Second entry

Miscellaneous creditors (- Liabilities)

to Banks (- Active)

The first entry represents transfer from one liability to another liability. Although we think that capital accounts are not liabilities, it is not true, given that the value of debt to shareholders of the value of your company, so we can group everything in the same bag.

When decreeing dividends, what is done is to cover a small part of that company value. That is, when dividends are decreed, they become part of a formalized liability.

The second entry is the cancellation of the liability, through one of the ways to extinguish the obligations: payment.

8 0
3 years ago
Which type of savings institution is owned and operated by the same people who have accounts in it
inn [45]

A credit union is owned and operated by the people who have accounts in it. In a traditional bank, the bank is run by a president and a board of higher people. In a credit union, all members of the union own a stake of the company and the board is made up of members of the credit union.

7 0
3 years ago
Read 2 more answers
Is a leadership position for a club considered volunteer experience?
yarga [219]
Yes because you are helping put something together and are not being paid for it.
6 0
3 years ago
PeoplePapers, a greeting cards manufacturing company, has retail stores in most parts of the country. It hires its employees fro
Drupady [299]

OPTIONS:

A. Resources B. reserves. C. overheads. D. variable costs.

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A. Resources

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8 0
3 years ago
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