All categories

3 years ago

___________is a partnership Is also called the articles of incorporation.

Business

1 answer:

nadya68 [22]3 years ago

6 0

Answer:

Explanation:

here is the correct question :

A partnership agreement:

A. Is not binding unless it is in writing.

B. Is the same as a limited liability partnership.

C. Is binding even if it is not in writing.

D. Does not generally address the issue of the rights and duties of the partners.

E. Is also called the articles of incorporation.

A partnership agreement is a contract between partners in a partnership. it contains guidelines on the relationship between the partners and responsibilities of partners. the partnership agreement creates legally binding relationships among the partners

You might be interested in

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

melomori [17]

Answer:

0.6

Explanation:

Variable Expense Ratio is calculated by taking Variable Expense and dividing it by Sales. This ratio indicates how much of the variable expense is incurred by company for each $1 Sales.

So, variable expense ratio is .6 or 60% (33,000 / 55,000).

Such questions also require the calculation of Contribution Margin Ratio which is calculated by taking Contribution Margin and Dividing it by Sales. This ratio tells us how much the company generates after covering variables expenses when the sales are $1.

So, Contribution Margin Ratio is .4 or 40% (22,000 / 55,000).

6 0

4 years ago

For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indic

Molodets [167]

Answer:

Net cash flow from operating activities for Twix $34,000, Dots=$108,800, Skot = $108,000

Explanation:

Twix$ Dots$ Skot$

Net income 4,000 100,000 72,000

<em />

<em>Adjustments to reconcile net income </em>

<em>to net cash provided by operations </em>

Depreciation expense 30,000 8,000 24,000

Account receivable increase (decrease) 40,000 20000 -4,000

Inventory increase (decrease) -20,000 -10,000 10,000

Account payable increase (decrease) 24,000 -22,000 14.000

Accrued liabilities increase (decrease) -44,000 12,000 -8,000

Net cash flow from operating activities $34,000 $108,800 $108,000

6 0

3 years ago

Madeline and Shonda are developing a project together. They just found out their client wants the finished product one month soo

VashaNatasha [74]

Madeline and Shonda will brainstorm until a third mutually beneficial option is agreed upon if they should change how the product is produced so that they can still perform all product testing.

<h3>What is product development?</h3>

Product development is the process of creating a new product or improving an existing one. It is the complete process of bringing a new product to market, renewing an existing product.

During the idea generation stage of the new product development process, it is important that all ideas that come from brainstorming are good.

Hence, if Madeline and Shonda use collaborating conflict style, they will brainstorm until a third mutually beneficial option is agreed upon.

Learn more about product development here : brainly.com/question/11223911

6 0

3 years ago

2. Why are accounts receivable considered assets even if the money has not yet been paid to the business?

Strike441 [17]

The payee has a legal obligation to submit the funds.

Explanation:

Once a transaction is agreed upon it becomes a legal obligation of the payee to pay the business owner.

<u>Accounts receivable are thus counted in the balance sheets as liquid funds or current funds as they are converted into cash in less than an year is most cases. </u>

In such a case that doesn't happen, they are counted as long term assets of a company. Any potential income guaranteed by legality is counted in the balance sheet as assets.

5 0

4 years ago

Which describes a slowdown?

yulyashka [42]

Workers intentionally reduce productivity, can also be a strike, if too little work is done.

3 0

4 years ago

Read 2 more answers