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Lilit [14]
3 years ago
15

Which of the following is true of a partnership?

Business
1 answer:
Readme [11.4K]3 years ago
4 0

Answer: Option (B)

Explanation:

A partnership is referred to as or known as an arrangement where organizations, parties, business partners, tend to agree to cooperate with each other in order to advance the mutual interests they have. These partners that are in partnership may tend to be businesses, individuals, organizations, governments. Organizations tend to partner in order to increase their likelihood of achieving the mission and also amplify reach.

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Moon Flower Cosmetics Company’s executives are aware that their Asian customer base is interested in advanced skin care treatmen
Lady_Fox [76]

Answer:A merger

Explanation:

This is coming of two companies to form a new firm with both companies losing their indentity .

7 0
3 years ago
Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency
Archy [21]

Answer:

Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency, into the parent company’s currency should be reported as a(n):_______

d. Part of continuing operations.

Explanation:

Gains from the remeasurement of a subsidiary's financial statements from the local currency to the parent company's currency should be reported as part of the continuing operations.  It forms part of the current income.  They are not deferred.  It is translation adjustments that are reported as other comprehensive income, not gains from remeasurement. Remeasurement gains from a subsidiary's local currency to the parent's are also not extraordinary items.

4 0
4 years ago
The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rat
Lubov Fominskaja [6]

Answer: $45000

Explanation:

Firstly, the operating asset will be calculated which will be:

Operating asset = Sales / Turnover

= 900,000/3

Operating assets = $300,000

Then, the net operating income will be: Return on investment × Operating assets

Net operating income = 300,000 × 15%

= 300,000*0.15

= $45,000

Therefore, Legume Division's net operating income last year is $45000

4 0
3 years ago
#7. Which is the most likely scenario in which someone would take out a short-term loan with a bank?
3241004551 [841]
Since it is a short term loan, it wouldn't be a second home or a car, because those are paid for over the course of YEARS.
A skateboard is usually ~100$ and doesn't need a loan. 

Your answer is C) To pay for credit card debt
6 0
3 years ago
You just stuffed yourself with a hot dog, a large tub of popcorn, and a box of milk duds while watching a movie. when you come o
marishachu [46]

Answer:

Incentive Theory

Explanation:

Reason behind would be because how many things you ate your brain and taste are processing that all at the same time making it taste like a completely different substance.

7 0
3 years ago
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