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Makovka662 [10]
3 years ago
12

A formal agreement between separately owned and controlled facilities to officially coordinate and share certain activities is m

ost appropriately referred to as
Business
1 answer:
notka56 [123]3 years ago
3 0

Answer:

An affiliation

Explanation:

An affliation in management refered to act of associating, this could be a former agreement on a particular projects, whereby there is agreement between the partners to carry out a certain activities and how it's officially coordinated. It usually employed among organizations.

Therefore, from the question Formal agreement between separately owned and controlled facilities to officially coordinate is known as an affiliation

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A cash-basis sole proprietor had the following cash receipts and disbursement for the year: Net sales - $80,000 Cost of goods so
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Net Income is $17,000

Explanation:

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Net profit calculation to report on Schedule C is as follow:

Net sales -                          $80,000

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Employee payroll taxes   <u>($3,000)</u>

Net Income                       <u> $17,000 </u>

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2 years ago
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