Answer:
Explanation:
<u>fact of the case</u>
three people formed a limited liability company with contributions as follows:
- Alex - 60 percent
- Becky - 20 percent
- Cindy - 20 per cent
They dispute over the division of profits.
<u>profit division</u>
In a limited liability cooperation whose profit division has not been stated in the operation agreement under the UNIFORM LIMITED LIABILITY COMPANY ACT( ULLCA) , then state law will determine the division of profits. Usually in the absense of an agreement state have divided profits equally among the members.
<u>operating agreement</u>
An operating agreement for an LLC spells out the details of how a business will be managed and operated. Additionally, the term for settling profits and losses may be specified.
<u>opinion</u>
The court may decide that partners will receive an equal division of profits. courts rely usually on the principles of partnership law. in order to avoid the tension of discord between the partners it is best spelt out how the company will be managed as well as profit and loss division in an operating agreement.
Answer:
Objective Task Method
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question Nathan is using an Objective Task Method. This is a financial business strategy in which a company/business sets aside a specific set amount of money to use as it's marketing budget based on the objectives they are trying to accomplish. Which is exactly what Nathan is doing in this scenario.
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Answer:
the unemployment rate rises.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Potential GDP is the GDP of an economy when labour and capital are employed at their sustainable rate.
Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.
When the real GDP of an economy grows more slowly than potential GDP, it means that the resources in the economy, labour and capital are not employed at their sustainable rate. This is referred to as output gap. As a result of the output gap, the unemployment level rises
Answer:
Expenses ; revenues ; adjusting
Explanation:
According to the expense recognition or matching principle, the expenses that are incurred in a particular period should be matched with the revenues that are earned in that particular period.
This principle major part is of the adjustments so that the adjustment entries are passed so that the financial statements represents the true and fair view to the users of the accounting information
Answer:
C. Portfolio AB has more money invested in Stock A than in Stock B.
Explanation:
Beta coefficient is used to measure the systemic risk of an investment, while standard deviation is employed to measure the total risk of an investment.
Under a portfolio investment decision making, beta coefficient is the relevant measure of risk to consider because its only aim is to put the undiversifiable risk into consideration.
Therefore, Portfolio AB has more money invested in Stock A because it has lower beta of 1.2 than in Stock B has a higher beta of 1.4.