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3 years ago

According to the Uniform Partnership Act, the three key elements of any general partnership are

Business

1 answer:

Anon25 [30]3 years ago

4 0

Answer:

(2) Common ownership, shared profits and losses, and right to participate in managing the operations.

Explanation:

Partnership refers to a mutual agreement between 2 or more individuals agreeing to carry out a business and to share it's profits and losses in an agreed ratio or as per the clauses in partnership deed.

Uniform partnership act regulates partnership agreements in majority of United States. The act also allows remaining partners after dissolution to continue the partnership if majority of them desire to do so.

Under the act, Partnership is characterized by common ownership of assets and liabilities by all partners, sharing of partnership profits and losses and equal rights to participate in managing the operations of the partnership.

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When a u.s. airplane manufacturer sells its airplanes to business executives in germany without using intermediaries, it is refe

den301095 [7]

When a U.S. airplane manufacturer sells its airplanes to business executives in Germany without using intermediaries, it is referred to as? Direct exporting. Even though the airplanes were sold without using intermediaries making them a direct export there are still processes that have to be followed within the exchange. A benefit to direct exporting allows the the costs and confusions using a middle man to create, to be irrelevant as there is no middle man just the two companies/countries doing an exchange.

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3 years ago

Why do most economists believe that it is important for a country’s central bank be independent of the rest of the country’s cen

ohaa [14]

Answer:

For economists is important to avoid political interferance in the monetary policy. Populist governments often use the creation of money to justify their political programs, causing inflation and distortions on the market.

In the last report of FOMC is highlighted the behaviour of market labour and the lower expectations of inflation.

Explanation:

There are two tools commonly used in political economy to finance government programs: taxation and paper currency print. When the central bank is not independent, the government has an incentive to print money to fund their programs, causing inflation. In economic science has been demonstrated that inflation is always caused by monetary phenomena.

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3 years ago

Determine if the proportion is true. if it is not true, correct the error. v/x=x/v+w

chubhunter [2.5K]

your answer is c or the third option

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3 years ago

Read 2 more answers

1. Which of the following ratios use de-levered net income? (check all that apply)

notka56 [123]

Answer:

The ROA (Return on Assets) and the Return on Sales are the ratios which use the de-levered net income.

Explanation:

The shareholders want to evaluate or measure the return without any effects of the interest expense. De- levered net income is required to alter the net income so that it can be added back it to the interest expense.

The ratio which using De-levered net income are the ROA that is Return on assets and the Return on Sales because it is used to measure the return.

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3 years ago

29) Sheldon Company is trying to decide which one of two contracts it will accept. The costs and revenues associated with each a

topjm [15]

Answer:

So, the relevant cash flows are Revenue, materials and labour cost.

Explanation:

A relevant cashflow is that which is future cash cost/revenue which arises as a direct consequence of a decision. For a cost or revenue to be considered a relevant cashflow it must satisfy the following conditions:

1) Futuristic 2).Cash based 3)Incremental

Relevant cash flows for the contracts are set down below:

$ $

Revenue 200,000 260,000

Materials (10,000) (10,000)

Labor (88,000) (120,000)

Net cash flow 102,000 130,000

Depreciation is not a cash item, the consulting advice fee is already a sunk cost. Apportioned overhead is also not a direct cost but sunk

So, the relevant cash flows are Revenue, materials, labour

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3 years ago