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geniusboy [140]
3 years ago
13

A doctor misdiagnoses a serious illness. her partners in the clinic are not liable for her mistake. what kind of partnership do

the doctor and her partners have? limited liability partnership limited partnership general partnership service cooperative
Business
2 answers:
lesantik [10]3 years ago
8 0
Limited liability partnership
astraxan [27]3 years ago
6 0

Answer: The correct answer is a limited liability partnership.

Explanation: A limited liability partnership is a form of business organization in which partners are not liable for the negligence of the other partners. In this case, the other doctors are not responsible for the misdiagnosis because they have a limited liability partnership.

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A monopolist faces:
lana [24]

Explanation:

c. a downward sloping demand curve.

8 0
3 years ago
Pizza is a normal good if the demand:__________
kirill115 [55]

Answer:

a. for pizza rises when income rises.

Explanation:

A normal good is a good that people purchase more when their income increases and that have a lower demand when their income decreases, for example, clothing. According to this, the answer is that Pizza is a normal good if the demand for pizza rises when income rises.

The other options are not right because a normal good is determined by the way in which the demand of a product behaves when the income increases or decreases.

3 0
3 years ago
Salaries and wages expenses $ 460 Research and development expense $ 114 Depreciation expense 90 Income tax expense 634 Sales re
guapka [62]

Answer:

$ 1,212 Net INCOME

Explanation:

        Income Statement

$ 7,030 Sales

-$ 230 Sales returns and allowances

$ 6,800 Net Sales Revenues

-$ 90 Depreciation expense

-$ 3,400 Cost of goods sold

$ 3,310 Gross PROFIT

-$ 499 Advertising expense

-$ 114 Research and development expense

-$ 460 Salaries and Wages Expenses

-$ 105 Rent expenses

-$ 60 Utilities Expenses

-$ 1,238 Operating EXPENSES

$ 2,072 Operating INCOME

-$ 46 Loss on disposal of plant assets

-$ 161 Interest Expenses

-$ 207 NonOperating EXPENSES

$ 1,865 NET INCOME AFTER TAXES

-$ 653 Income Tax Expenses 35%

$ 1,212 Net INCOME

7 0
3 years ago
Bob is working for a bank. he earns $8.00 an hour, works 40 hours a week, and gets paid every 2 weeks. every pay period he pays
Alex787 [66]
Bob gets paid 8*40= $320 a week - $63.08 = $256.92 - $33.21 = $223.71 - $42.05 = $181.66. Therefore Bob's net pay on his paycheck is $181.66. 
4 0
3 years ago
Novak Corp. had accounts receivable of $140,000 on January 1, 2022. The only transactions that affected accounts receivable duri
algol13

Answer:

a. $210,000

b. 21.69 times

c. 16.83 average days to collect receivables

Explanation:

a. Ending balance of accounts receivable

= Beginning account receivable + Net credit sales - Cash collections

= $140,000 + $3,795,000 - $3,725,000

= $210,000

b. Account receivable turnover

= Net credit sales ÷ [(Beginning inventory + Ending inventory)/2]

= $3,795,000÷ [($140,000 + $210,000)/2]

= $3,795,000 ÷ $175,000

= 21.69 times

c. Average collection period in days

= Average account receivable ÷ [ Annual sales ÷ 365]

= $175,000 ÷ [$3,795,000 ÷ 365]

= $175,000 ÷ $10,397

= 16.83 average days to collect receivables

5 0
3 years ago
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