The answer is b : enter the order
Answer:
4. general partnership.
Explanation:
A general partnership is when at least two people come together to form a business. These partners would have unlimited liabilities.
A sole proprietorship is A form of business owned by one person who has unlimited liabilities.
A corporation is a a form of business owned by many people known as the shareholders. The shareholders have limited liability.
A limited liability company is owned by at least two partners that have a limited liability.
A limited partnership is a type of partnership with two types of partners- the limited partner and the general partner. The limited partner has limited liability and he is not involved in the daily running of the business while a general partner has unlimited liabilities and she is involved in the daily running of the business.
I hope my answer helps you
Answer: Cost and sales
Cost-volume-profit analysis is used to predict how changes in COST and SALES levels affect profit and requires the following four inputs: number of units sold, sales price per unit, variable cost per unit, and fixed costs.
Explanation:
hope this helps
Answer:
Option (D) is correct.
Explanation:
Inventory conversion period:
= (365 days × Inventory) ÷ Cost of goods sold
= (365 days × 4,500) ÷ 30,000
= 54.75
Average collection period:
= (365 days × Accounts receivable) ÷ sales
= (365 days × $1,800) ÷ 45,000
= 14.60
Payable deferral period:
= (365 days × Accounts payable) ÷ COGS
= (365 days × $2,500) ÷ 30,000
= 30.42
cash conversion cycle:
= Inventory conversion period + Average collection period - Payable deferral period
= 54.75 + 14.60 - 30.42
= 38.93 or 39 days
Answer:
The answer is c. operating (master) budget.
Explanation:
Let re-visit to the definition of operating budget to justify why c. operating budget is the answer.
Operating budget is the budget for revenues and expenses for the future period, that is, it forecast how many level of activities and how much they will cost for income generating purpose in the forecast period.
As described in the question, the forecasting items falls among the expenses budgeting. Thus, c. operating (master) budget is the correct answer.
