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liq [111]
3 years ago
11

When going into a partnership, you should always:_________.

Business
1 answer:
Lena [83]3 years ago
8 0

Answer: A. put all terms of the partnership into writing in a partnership agreement.

Explanation:

The most important terms in a partnership agreement is ensuring that all terms are noted down and binded legally, this is to help partners know when need to do something and don't feel cheated or be cheated by someone or something. Avoidance of reaching out to terms noted down will further make things complex either when the business is growing or when there is need to shutdown or during operations.

You might be interested in
In the context of work team processes, cooperative teamwork skills: Group of answer choices include the ability to have access t
Arisa [49]

Answer:

(D) ​include open communication, trust, personal integrity, positive interdependence, and mutual support.

Explanation:

With respect to the process made for the work team, the skills of the cooperative teamwork generally involves the open communication so that there is no misunderstand, also it includes the trust, mutual support, and other things so that the employees feel comfortable and they dont hesitate while asking anything

So as per the given situation, the above should be the answer

5 0
2 years ago
On April 10, Caryâs Carpet Cleaning, Inc. borrows $15,000 from a bank, depositing those funds in its bank account and signing a
Gnom [1K]

Answer:

Cash A/c Dr $15,000

  To Notes payable A/c $15,000

(Being the bank borrowing through a note payable is recorded)

Explanation:

The journal entry is shown below:

Cash A/c Dr $15,000

  To Notes payable A/c $15,000

(Being the bank borrowing through a note payable is recorded)

This transaction increases the cash balance so the cash account should be debited and the note payable account should be credited as it creates a liability which is to be reflected in the balance sheet

6 0
2 years ago
Qu. 10-150 (Algo) Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs
Galina-37 [17]

Answer:

Direct material quantity variance= $10,000 favorable

Explanation:

Giving the following information:

Standard Direct materials 6.4 ounces $ 2.00 per ounce.

Actual output 6,000 units

Raw materials used in production 33,400 ounces

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6.4*6,000 - 33,400)*2

Direct material quantity variance= (38,400 - 33,400)*2

Direct material quantity variance= $10,000 favorable

3 0
3 years ago
Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
Ganezh [65]

Answer:

1. 8%

2. 1.5

3. 12%

Explanation:

1) Computation for the margin

Using this formula

Margin = Net operating income/Sales

Let plug in the formula

Margin= 600000/7500000

Margin = 8%

2) Computation for the turnover

Using this formula

Turnover = Sales/average operating assets

Let plug in the formula

Turnover = 7500000/5000000

Turnover= 1.5

3) Computation for the return on investment (ROI

ROI = 8*1.5

ROI= 12%

4 0
2 years ago
hEY BRAINLY USERS IHAVE LITTLE FAVOR TOASK YOU GUYSI REALLY WANT TO BECOME THE FRIST GIRL AT MY SCHOOL TO BECOME A vice Presiden
julsineya [31]

Answer:

writing your assets down and showing people that could help. or taking on a smaller role and excel at that to prove you deserve more responsibility.

Explanation:

6 0
2 years ago
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