Answer: the industry competitors
Explanation:
A business model simply refers to the strategy that a company will use in making profit and achieving its goals.
The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.
It should be noted that the industry competitors isn't among the components.
<u>Answer:</u>Divide the profits equally for all the members.
<u>Explanation:</u>
The capital accounts should mention the allocation of each members profit share and the capital contribution. The ownership of the members can be identified with this contribution. The profit sharing depends on the percentage share of the members.
If there is any flexibility in the arrangement then the it has to be mentioned clearly in the agreement. In StartUp investors case there is no operating written agreement so the profits will be divided among the members equally. If this is done in knowledge of all the members then the losses will also be borne by them.
Answer:
D. $5,786.
Explanation:
The mid-quarter convention applies, so the calculation of property and the machinery is 4 quarter property.
depreciation expense on property = $15000*0.35
= $2520
depreciation expense on machinery = 15000*0.0357
= $536
total depreciation expense = $5250 + $536
= $5786
Therefore, The maximum depreciation expense, (ignoring §179 and bonus depreciation). (Use MACRS Half-Year Convention) is $5786
Answer:
$ 701,000
Explanation:
Balance At December 31, 2019 = $878,000
$168,000 will be deducted since these are not due to be received until January 2nd as well as $9,000 will also be deducted
$878,000 - $168,000 - $9,000 = $ 701,000
