1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vfiekz [6]
2 years ago
15

Bridgitte and Carlotta have started a business together; Carlotta put up half the money, but she is not involved in the manageme

nt of the company. Bridgitte does all the hiring and supervising, as well as the general operation of the company. They share in the profits. This scenario represents a?
Business
1 answer:
Fittoniya [83]2 years ago
5 0

Answer:

Limited partnership.

Explanation:

Limited partnership is a business that is set up by people who want to run a partnership together but where one or more of the partner is only interested in investing in the partnership without the desire to be involved in the day to day running as well as the right to take decision concerning the partnership, such an arrangement is called Limited partnership. The liability of the Limited partner is limited to the amount of capital contributed.

The other type of partner is general partner who is involved in the day to day running of the firm and has unlimited liability for the debt of the partnership.,

You might be interested in
Which assumption or principle requires that all information significant enough to affect decisions of reasonably informed users
sladkih [1.3K]

Answer:

The answer is: full disclosure principle

Explanation:

Full disclosure principle in accounting refers to the requirement that businesses are supposed to provide all material information pertaining to their operations to the stakeholders of the business so as to facilitate better decision-making frameworks when evaluating the business.

The going concern principle is based on the assumption that the business will not cease operating in the foreseeable future. The matching principle requires that the expenses incurred in carrying out an economic activity are recorded in the same period as the revenues earned from that activity. The historical cost principle requires assets or liabilities to be recorded at their acquisition value.

7 0
3 years ago
Earl was known for driving 30 miles just to save a dollar on the price of case of his favorite carbonated beverage. Earl perceiv
Marianna [84]

Answer:

Money Paid

Overall Sacrifice

Explanation:

The two major dimensions of pricing are Monetary and Non- Monetary pricing.

Monetary pricing is the liquid asset like cash that is spent to acquire goods and services while the non monetary are other costs apart from money like time , stress , distance that it costs to acquire an item .

The individual perception of pricing has a way of affecting its choice when it comes to purchasing.

Earl did not consider the cost of stress in travelling 30 miles in order to save a $1 in his purchase decision as his mindset is programmed to the price paid being the real price  while most other customers considers the sacrifice involved before making a purchase decision.

3 0
3 years ago
Two months ago, Lisa was honorably discharged from the Air Force where she spent four years training as an airplane mechanic. Af
Colt1911 [192]

Answer:

The maximum mortgage payment (PITI) a lender would allow for a conventional loan based on the housing expense ratio is:

$1,506.40

Explanation:

a) Data and Calculations:

Lisa works 40 hours at $18 an hour

Lisa weekly income = 40 * $18 = $720

Lisa monthly income = 40 *$18 * 4 = $2,880

Dave weekly income = $625

Dave's monthly income = $625 * 4 = 2,500

Total joint monthly income =            $5,380

b) If Lisa and Dave, her husband, file jointly for taxes, then the maximum mortgage payment (PITI) they can make is 28% of the gross income.

Therefore PITI = $5,380 * 28% = $1,506.40

c) The housing expense ratio is the percentage of your gross monthly income devoted to housing expenses, which should not exceed 36% of your monthly or annual gross income.  According to the general rule, the household expense payments, primarily rent or mortgage payments, cannot exceed more than 28% of the monthly or annual income.

7 0
3 years ago
Anita is applying for a job with Greyhound Bus to work as an intercity bus driver. According to a 1974 court ruling regarding Gr
Degger [83]

Answer:

Anita must be age 35 or younger

Explanation:

4 0
2 years ago
Blue has forecast sales to be $429,000 in February, $559,000 in March, $599,000 in April, and $639,000 in May. The average cost
RSB [31]

Answer:

Total budgeted cash receipts fro May : $611000

Explanation:

Sales on credit is where the debtor can pay for the goods or services on a later date. In this case, it is paid at 3 different times: 50% during the month of sale, 30% during the next month and the reminder 20% the month after that.

According to the information, May collections would include sales of May as well as March and April. It would be:

50% of May sales = $639000 x 50% = $319500

30% of April sales = $599000 x 30% =

$179700

20% of March sales = $559000 x 20% = $111800

Total budgeted cash receipts for May = $319,500 + $179,700 + $111800 = $611000

8 0
2 years ago
Other questions:
  • True or false - the power to levy federal income taxes rests with the u.s. congress
    9·1 answer
  • Simple Interest versus Compound Interest [LO1] First City Bank pays 7 percent simple interest on its savings account balances, w
    8·1 answer
  • The country of Dalima has long been a substantial exporter of agricultural goods, reflecting its unusual abundance of arable lan
    5·1 answer
  • All else equal, what is likely to happen to the unemployment rate during a recession?
    15·1 answer
  • Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-
    10·1 answer
  • The mid-1990s saw a rise in the use of mobile phones in the general population. The technology continued to improve in the early
    7·1 answer
  • Mill Corporation had the following unit costs for the recently concluded calendar year: Variable Fixed Manufacturing $8.00 $3.00
    11·1 answer
  • What is the latest actual share count reported in the 2013 Colgate-Palmolive 10-K? Please provide your answer without comma sepa
    14·1 answer
  • Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select
    5·1 answer
  • Hormel offers its food distributors a discount of 15 percent for payment within 10 days on orders of all Jiffy brand products. H
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!