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S_A_V [24]
4 years ago
8

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

Business
1 answer:
Anon25 [30]4 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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All of the following are competitive forces in Porter's model except: Group of answer choices customers disruptive technologies
Aloiza [94]

The option that is not among the Porter's five forces is disruptive technologies.

<h3>What are the Porter's five forces?</h3>

The Porter's five forces is used to analyse the competitive forces of firms operating in a particular industry.

The Porter's five forces are:

  1. Competition in the industry.
  2. Potential of new entrants into the industry.
  3. Power of suppliers.
  4. Power of customers.
  5. Threat of substitute products

To learn more about the porter's five forces, please check: brainly.com/question/5183977

3 0
2 years ago
A property title search firm is contemplating using online software to increase its search productivity. Currently an average of
Brrunno [24]

Answer:

Explanation:

Productivity per unput dollar=Fees charged from clients/total cost to firm

There are 3 options:

1. Using current software:

Av time=40 min

Researcher's cost=$2 a min

Total cost=40*2=80

Productivity per dollar input=Fees charged from clients/total cost to firm= 400/80=$5

2.

Using company A's software

Av time=30min

Cost of reducing av time=$3.5

Researcher's cost=$2

Total =30*2+3.5=63.50

Productivity per dollar input=400/63.5=6.3

3.

Using company B's software

Av time = 28 min

Cost of reducing av time=$3.6

Researcher's cost=$2

Total cost=28*2+3.6=59.6

Productivity per dollar input=400/59.6=$6.71

Answer - Using company B's software

3 0
3 years ago
On January 1, 2019, Fitbit goes public and issues 50 million shares at $20 per share. Fitbit had 200 million shares prior to goi
Elina [12.6K]

Answer:

$600 million

Explanation:

On January 1, 2020, the balance of common stock & APIC

Common stock & APIC = Paid-In Capital + Share Capital raised by issuing 50 million shares at $20 per share - Treasury Stock

Here

Paid-In Capital is $500 millions

Issue of 50 million shares at $20

Treasury Stock is 20 million shares at $45 per share

By putting the values, we have:

Common stock & APIC = $500 million + $1000 million - (20 million shares * $45 per share)

Common stock & APIC = $1500 millions - $900 million = $600 million

6 0
3 years ago
A smooth-talking used-car salesman who smiles considerably is offering you a great deal on a "pre-owned" car. He says, "For 7 an
goldenfox [79]

Answer:

The price of this car=$13,015.925

Explanation:

Given data:

Amount each year=$2,500

Time period=7 years

interest rate=8%

Required:

The price of this car=?

Solution:

The Formula we are going to use is:

PV=A*(\frac{1-(1+r)^{-n}}{r})

Where:

PV is the price of car i.e present value

A is the payment made each year

n is the time period in which payments are paid

r is the interest rate

A=$2,500, r=8%=0.08,  n=7

PV=\$2,500*\frac{1-(1+0.08)^{-7}}{0.08} \\PV=\$13,015.925

The price of this car=$13,015.925

5 0
3 years ago
Depreciation Methods On January 2, 2018, Skyler, Inc. purchased a laser cutting machine to be used in the fabrication of a part
Studentka2010 [4]

Answer:

Part A  

1. Straight-line.    

Year   Depreciation expenses ($)  

2018  228,750  

2019  228,750  

2020  228,750  

2021  228,750  

2. Double-declining balance.  

Year   Depreciation expenses ($)  

2018  460,000  

2019  230,000  

2020  115,000  

2021  110,000  

3. Units-of-production. (Assume annual production in cuttings of 200,000; 350,000; 260,000; and 110,000.)    

Year   Depreciation expenses ($)  

2018  198,913  

2019  348,098  

2020  258,587  

2021  109,402  

Part B  

1. Straight-line.    

Year   Depreciation expenses ($)  

2018  114,375  

2019  228,750  

2020  228,750  

2021  228,750  

2022  114,375  

2. Double-declining balance.  

Year   Depreciation expenses ($)  

2018  230,000  

2019  345,000  

2020  172,500  

2021  86,250  

2022  81,250  

3. Units-of-production. (Assume annual production in cuttings of 200,000; 350,000; 260,000; and 110,000.)    

Year   Depreciation expenses ($)  

2018  99,457  

2019  273,505  

2020  303,342  

2021  183,995  

2022  54,701  

Explanation:

Note: See the calculation in the attached excel file.

Download xlsx
8 0
4 years ago
Read 2 more answers
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