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Sergio [31]
3 years ago
8

Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. Rhonda does not plan to work in the par

tnership, nor does she wish to risk any of her own wealth other than the $16,000 she invests, but she does intend to share in any profits earned by the partnership. Evidently, Rhonda will be a(n):
Business
1 answer:
Delicious77 [7]3 years ago
7 0

Answer: 20000

Explanation:

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A videogame company is losing market share because it fails to launch new product features in a timely manner. Decisions are cen
Ne4ueva [31]

Answer:

The correct word for the blank space is: bureaucracy.

Explanation:

Bureaucracy is an organizational structure by which companies set different layers with established functions. The purpose of bureaucracy is to specialize employees in a limited number of tasks and obtain higher proficiency in such a manner. However, bureaucratic institutions tend to have slow processes because the information must flow through many departments with centralized decision-making which in most cases bring unnecessary delays.

<em>By creating teams, this type of organization can put together employees with diverse expertise who can review data faster and take decisions as particular units instead of waiting for an executive to make the final decision.</em>

4 0
4 years ago
On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life,
I am Lyosha [343]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life, it is estimated that the van will be worth $15,600.

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= (153,000/5)*2= 61,200

Year 2= [(153,000 - 61,200)/5]*2= 36,720

Year 3= (55,080/5)*2= 22,032

Year 4= 13,219

Year 5= 7,932

Total= $141,103

5 0
4 years ago
One of the keys to running a lucrative catering business is to
blondinia [14]
What are your multiple choice
3 0
3 years ago
Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $705,555 Offi
insens350 [35]

Answer:

<u>Assets  </u>                                                    Liabilities

Current Assets                                         Acount Payable       17,640

Cash                         222,485                 Equity

Account receivable    49,390                Common Stock       135,000

Supplies                 <u>       8,465  </u>              Retained Earnings <u> 353,700  </u>

Total Current Assets 280,340               Total Equity             488,700

Land                         <u>  226,000 </u>

Total Assets               506,340              Toal Liab+ SE          506,340

Explanation:

RE will be calculate using the accounting equation as is quicker than calculate net income and do the RE statement

Assets = Liab + Equity

Where: Equity = Common Stock + RE

506,340 = 17,640 + 135,000 + RE

RE = 506,340 - 17,640 - 135,000 = 353,700

3 0
3 years ago
The decision of whether to rent or buy housing is a personal decision that is based on both your lifestyle and your finances. Wh
nordsb [41]

Answer:

Rent or Buy Housing and the U.S. Tax Code

The tax deductibility of the interest ___paid___ on a mortgage and the___costs__ incurred on your home create a tax shelter for the___taxpayer___ , which ___reduces___your taxable__income__ and tax liability.

The standard deduction for mortgage interest under the 2014 U.S. tax code is:

c. $6,300 for single individuals and $12,600 for married couples filing jointly

Explanation:

Currently, the IRS allows taxpayers to deduct home mortgage interest on the first $750,000 ($375,000 if they are married but filing separately) of their indebtedness.  However, higher limitations ($1 million) or ($500,000, if married but filing separately) apply if the taxpayers are deducting mortgage interests from their indebtedness incurred before December, 2017.

3 0
3 years ago
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