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abruzzese [7]
3 years ago
15

A multimillion-dollar u.s. project to construct a suspension bridge is in progress. true structures inc. in canada shares both p

rofits and responsibilities for the project with three towers inc., a firm based in the united states. this is an example of a:
Business
1 answer:
umka21 [38]3 years ago
7 0

Answer: Joint Venture

A Joint Venture is a business entity that is created when two or more corporations pool in their resources for a specific project.  

The corporations that are a part of the Joint Venture share the governance, risks and rewards of the joint venture.  

In a Joint venture the corporations who come together to form a joint venture retain their distinct entities.


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Balance sheet and income statement data indicate the following: Bonds payable, 6% (issued 2000, due 2020) $1,200,000 Preferred 8
9966 [12]

Answer:

The correct option is A,5.72 times

Explanation:

The number of times that interest charges gives a sense of how financial stable is in its ability to pay interest on bonds as at when due.It is key consideration for prospective bondholders when assessing whether to buy bonds in a particular company

Number of times interest charges earned=net income before interest/interest

net income before interest charges=net income+interest charges

net income is $340,000

interest charges=$1,200,000*6%=$72,000

net income before interest charges=$340,000+$72,000=$412,000

number of times interest was earned=$412,000/$72,000=5.72

4 0
3 years ago
Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in proce
Delvig [45]

Answer:

Explain to question or attach image

Explanation:

you need to explain your question better so you can have an answer

6 0
3 years ago
Pacific Company starts the year with a beginning inventory of 3,700 units at $5 per unit. The company purchases 5,700 units at $
frozen [14]

Answer:

$6,500

Explanation:

First In First out (FiFO) is an Inventory method which determines the inventory value and it requires that the unit purchased first will be sold first.

                                        Units     Cost           Value         Balance

Beginning Inventory      3,700      $5            $18,500      $18,500

February                      

Purchases                      5,700     $4             $22,800      $41,300

March                      

Purchases                      2,700     $6             $16,200      $57,500

Sale                                -1,300    $5             ($6,500)      $51,000

Cost of Goods sold is the cost of sold units on the basis of FIFO inventory costing method.

6 0
3 years ago
A class of stock that provides no preference rights to shareholders Answer 2 The number of shares currently held by stockholders
elena-14-01-66 [18.8K]

Answer: Please refer to Explanation.

Explanation:

A class of stock that provides no preference rights to shareholders. COMMON STOCK.

The number of shares currently held by stockholders. OUTSTANDING SHARES.

The number of shares sold to stockholders. ISSUED SHARES.

The account used to record the difference when issue price exceeds par value of stock. PAID-IN CAPITAL IN EXCESS OF PAR.

The maximum number of shares a company can issue to shareholders. AUTHORIZED SHARES.

A financial institution that records and maintains records of another company's stockholders. TRANSFER AGENT.

A class of stock having first rights to dividends of a corporation. PREFERRED STOCK.

3 0
4 years ago
Billy Bob's Barber Shop knows that a 5 percent increase in the price of their haircuts results in a 15 percent decrease in the n
Gala2k [10]

Answer:

Option (B) is correct.

Explanation:

Given that,

Percentage increase in price = 5%

Percentage decrease in quantity demanded = 15%

Therefore,

Elasticity\ of\ demand=\frac{percentage\ change\ in\ quantity\ demanded}{percentage\ change\ in\ price}

Elasticity\ of\ demand=\frac{15}{5}

                                           = 3.0

Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0

6 0
3 years ago
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