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NNADVOKAT [17]
3 years ago
6

Jennifer and Jamie are starting a business and have asked you for advice about whether they should form a partnership, a corpora

tion, or some other type of entity. Prepare a list of questions you would ask in helping them decide which type of entity they should choose. Explain your reasons for asking each of the questions.
Business
1 answer:
sleet_krkn [62]3 years ago
5 0
<h2>Let us understand the definition to shoot the question for better understanding.</h2>

Explanation:

Sole Proprietorship:

  • Owned by single person
  • One person responsible for liable and business
  • Simple to form
  • Nominal cost

Corporations:

  • Legal entities
  • Shared by shareholders
  • More complex type
  • Used for large business

Partnership:

  • Shared by two or more people
  • Types :general partnerships, limited partnerships, joint ventures

Questions: (reason not required as you can self-understand)

  • Are you going to own by oneself or shared?
  • Can you manage if you own with oneself?
  • What is your budget?
  • Do you want to make simple legal procedures?
  • Which type of partnership you prefer?
  • Do you now the "pros and cons" of each one?
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Consider Derek's budget information: materials to be used totals $62,100; direct labor totals $198,200; factory overhead totals
Katen [24]

Answer:

Cost of goods manufactured  655,900

Explanation:

<em>First, we add the three cost component:</em>

materials used in production                 62,100

direct labor                                            198,200

overhead                                               403,100

total cost added during the period    663,400

<em>Then, using the WIP beginning and ending figures, we solve for cost of goods manufactured</em>

WIP         january 1st                 187,500

cost added                              663,400

WP endind                           <u>   (195,000)  </u>

Cost of goods manufactured  655,900

8 0
3 years ago
When a u.s. airplane manufacturer sells its airplanes to business executives in germany without using intermediaries, it is refe
den301095 [7]
<span>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. </span>
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3 years ago
Sigmund Freud suggested that dreams represent the fulfillment of wishes, yet research suggests that quite a few dreams that peop
kondor19780726 [428]

Answer:

Falsifiability

Explanation:

Based on the information provided within the question it can be said that the principle that is involved here is Falsifiability. This term refers to the assertion that for a hypothesis to have credibility, it has to be inherently disprovable before being accepted as a scientific hypothesis or theory. Otherwise it will not be.

8 0
3 years ago
What to put on a job application for education if still in high school?
almond37 [142]
You could put that you are still in high school and working towards your high school diploma. 
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4 years ago
What occurs when the cyclical unemployment rate is zero ?
natka813 [3]
The economy is consider to be at full employment. 
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