xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions that are binding on both parties. General partnership
<h3>
What is partnership?</h3>
A formal agreement between two or more parties to run a business, share earnings, and manage it is known as a partnership.
Partnership agreements can take many different forms. Particularly in a partnership business, all partners equally share obligations and rewards, although in other businesses, partners may have limited accountability. The so-called "silent partner" is another option, in which one party does not participate in the day-to-day management of the company.
A partnership is a contract between two or more people to manage a business's operations and split the company's assets and liabilities.
All partners in a general partnership are equally responsible for the business's assets and liabilities.
To learn more about partnership from the given link:
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The answer is D because 4 hours working on problems are 0 hours of reading
Answer:
in case if anything happens
Answer:
Using LIFO:
TOTAL Sales : $19,875,500
COGS = $11,021,250
GROSS PROFIT = $8,853,750
Explanation:
KINDLY CHECK ATTACHED PICTURE
Answer: The answer is as follows:
Explanation:
Given that,
Used car $93.38 per month for 60 months
Cash price = $4,200
Down payment = $50
(a) Amount Financed = Total Value (Cash Price) - Down Payment
= 4200 - 50
= $4150
(b) Finance Charge = Total payments - Amount Financed
= 93.38 × 60 - 4150
= 5602.8 - 4150
= $1452.8
(c) Deferred payment price = Down Payment + Total payments
= 50 + 5602.8
= $5652.8
