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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

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Farrugia Corporation produces two intermediate products, A and B, from a common input. Intermediate product A can be further pro

algol13

Answer:

Farrugia Corporation

a. The amount made from processing one batch of the common input into the end products X and Y:

$2 ($95 - $93)

Explanation:

a) Data and Calculations:

Intermediate products = A and B

Intermediate product A processed into end product X

Intermediate product B processed into end product Y.

Cost of purchase of common input = $36

Cost of processing a batch to produce intermediate products A and B = $15

Further processing of product A into X will cost = $14

Further processing of product B into Y will cost $28

Sales price of X = $32

Sales price of Y = $64

Total price for X and Y = $95

Total cost for X and Y:

Purchase of a batch = $36

Cost of batch processing = 15

Cost of further processing A: 14

Cost of further processing B: 28

Total cost = $93

The company makes $2 ($95 - $93) from processing one batch of the common input into the end products X and Y.

8 0

3 years ago

A review of the ledger of Wildhorse Company at December 31, 2020, produces the following data pertaining to the preparation of a

Neko [114]

Answer:

Salaries expense 5,190

Salaries payable 5,190

unearned rent revenue 90940 debit

rent revenue 90940 credit

advertizing expense 6,800 debit

prepaid advertising 6,800 credit

interest expense 3,934 debit

interest payable 3,934 credit

Explanation:

Salaries accrued

5 employes $750 each = 3750

3 employees $480 each = 1440

Total = 5190

Rent revenue

$6,670 per month x 5 lease x 2 months (from Nov 1st to Dec 31st) =66700

$6,060 per month x 4 lease x 1 month = 24240

total 90940

advertizing:

8,400 / 12 months x 8 months expired = 5600

9,600 / 24 months x 3 months expired = 1200

total 6,800

interest on note payable:

principal x rate x time

56,200 x 12% x 7/12 = 3,934

8 0

3 years ago

Exercise 12-15 a-b Foss, Albertson, and Espinosa are partners who share profits and losses 50%, 30%, and 20%, respectively. Thei

omeli [17]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

5 0

3 years ago

To whom should your family talk about enrolling in a 529 plan or a Coverdell Education Savings Account?

strojnjashka [21]

Financial planner will be able to go over the benefits and restrictions of a 529

6 0

3 years ago

Read 2 more answers

Demand-side market failures occur when Group of answer choices a good or service is not produced because no one wants it. govern

german

Answer:

demand curves don't reflect consumers' full willingness to pay for a good or service.

Explanation:

The market failure with regard to the demand curve arise at the time when the demand curve does not show the full willingness of the consumer for paying to purchase a good or taking any kind of service

Also the market failure is the situation where the distribution of the goods or services via free market is inefficient.

So the above statement should be considered

3 0

3 years ago