Answer: Partnership
Explanation: In simple words, partnership refers to an agreement between two or more independent parties to join their forces for achieving a common business goal with the ultimate objective of earning profit.
In the given case, Dan and Emily were sole proprietors and now they are joining their forces also the case states their new entity will not be a separate entity and both of the owners will be having unlimited debt.
Hence from the above we can conclude that this is a partnership business.
$438,000
Average Daily Sales = $36,000/30 = $1200
$1200 per day * 365 days per year = $438,000
Answer and explanation:
<em>The house owner is correct</em> because <em>strict liability</em> applies in the case. Strict liability refers to the responsibility an individual or organization has over actions incurred even if there was no intention of causing property or personal injuries. Strict liability only considers if the action was the result of the damage.
Answer:
Amount deposited at the end of three year will be $4877.8245
Explanation:
We have given principal amount P = $10000
Rate of return = 5 % = 0.05
First take time t = 3 years
So the amount after 3 years
Let the amount of deposit after 3 years = x
So total amount of deposit = 11576.25 + x
Amount after 7 years = $20000
So 
Answer:
The total cost of the units completed and transferred out of the department was: $324,900
Explanation:
First Calculate Total Cost per Equivalent Unit
Materials $2.00
Conversion $3.70
Total $5.70
Then, Calculate the Cost of Units Completed and Transferred
<em>Units Completed and Transferred × Total Cost per Equivalent Unit</em>
57,000 × $5.70
$324,900
