Answer:
C. shared resources.
Explanation:
A partnership is a form of business ownership. Partners contribute funds and their expertise towards the success of their business. They are able to put together a large sum of capital than they would raise as individuals. A partnership is formed and managed through the combined efforts of the partners.
A sole proprietor is a one-person venture. The owner sources for the capital and makes all business decisions by themselves. Unlike in sole proprietorship, a partnership has the advantage of shared resources and responsibilities. Partners can brainstorm and share ideas on how to improve the performance of their business.
Answer:
Explanation:
A $60,000 increase in investment in subsidiary
Answer: B)
Explanation: Most credit card companies have a 21 day "Grace period".
Answer: I25
Explanation: say you had 4 quarters
Answer:
the selling price per unit is $300
Explanation:
The computation of the selling price per unit is shown below;
= Variable cost + profit needed per unit
= $200 + ($4,000 ÷ $40 units)
= $200 + $100
= $300
hence, the selling price per unit is $300