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3 years ago

Is when 2 or more people come together to start a business

Business

1 answer:

inna [77]3 years ago

6 0

Answer:

Partnership

Explanation:

A partnership is a legal agreement between two or more individuals, called partners, who come together to carry out business activities.

Each partner owns part of the business

They collectively contribute to start the business.

The partners collaborate in the day to day running of the business.

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In its first month of operation, Tamarisk, Inc. purchased 230 units of inventory for $8, then 330 units for $9, and finally 270

aivan3 [116]

Answer:

Phantom profit= $500

Explanation:

Giving the following information:

Purchased: 230 units for $8

Purchased: 330 units for $9

Purchased: 270 units for $10.

At the end of the month, 310 units remained.

The method with the highest ending inventory will result in the lowest cost of goods sold.

First, we need to calculate the ending inventory under FIFO method.

FIFO (first-in, first-out):

Ending inventory= 270*10 + 40*9= $3,060

Now, we calculate the ending inventory under the LIFO method and compare it with FIFO.

LIFO (last-in, first-out)

Ending inventory= 230*8 + 80*9= $2,560

Phantom profit= 3,060 - 2,560= $500

8 0

3 years ago

The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1.

muminat

1/50+7 = 9.0 so the answer is 9.0

5 0

3 years ago

Management is considering replacing its blending equipment. The annual costs of operating the old equipment are $250,000. The an

e-lub [12.9K]

Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value

Therefore $250,000 would be considered

5 0

2 years ago

Choose the word that best completes this sentence. ________ exist in the ground, air, and bodies of most living things but do no

exis [7]

It seems that you have missed the necessary options for us to answer this question, but anyway here is the answer. BACTERIA <span>exist in the ground, air, and bodies of most living things but do not need a host organism to live and multiply. Hope this answers your question.</span>

4 0

3 years ago

If Coca-Cola had all the human resources, operations, marketing, and accounting functions for the bottled water division at an o

astraxan [27]

Answer:

product

Explanation:

When a company is organized by product, it will structure its whole operation to cater to focus on that one product. This will include the way the arrange their production method, distribution strategy, marketing plan that they implemented, etc.

We can use coca-cola as an example.

They separate the office to cater specific products only. They do this to increase the efficiency of the production. Focusing only on one product will make it easier for the workers to understand the type of customers that they face in the market and the type of materials and production method that will be the most cost efficient.

6 0

3 years ago