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3 years ago

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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What decision rule should be followed when deciding if a business segment should be eliminated?

dusya [7]

Here is the answer of the given question above. The decision rule that should be followed when deciding if a business segment should be eliminated is this: Segments with revenues which are less than avoidable expenses should be considered for elimination. Unavoidable expense are those expense which will continue to be incurred whether segment is continued or discontinued. Hope this helps.

5 0

3 years ago

Read 2 more answers

A person who does not lock the doors or does not repair leaks shows an indifferent attitude. This person presents what type of h

Natalija [7]

Answer:

Morale.  Defined as the attitude of individual groups toward their work environment toward voluntary cooperation to the full extent of their ability in the best interest of the organization.

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3 years ago

The following transactions were selected from the records of OceanView Company:

Bezzdna [24]

Answer:

$19,380

Explanation:

The computation of the net sales for the two months is shown below:

= Sale value of merchandise as on July 12 + Sale value of merchandise as on June 15 + Sale value of merchandise as on July 20 - sales discounts from July 15 sale

= $3,500 + $10,500 + $5,800 - $10,500 × 4%

= $3,500 + $10,500 + $5,800 - $420

= $19,380

Since the payment is collected on June 23 i.e within 10 days so it is eligible for sales discounts

And from July 20 sale no sales discounts is eligible as it is exceeded than 10 days

3 0

3 years ago

Leather ShopLeather Shop earned net income of $57,000 after deducting depreciation of $5,000 and all other expenses. Current ass

slavikrds [6]

Answer:

$75,000

This option has not been provided

Explanation:

Cash provided by operating activities

Net Operating Income

Add: Depreciation

Add: Decrease in current assets

Add: Increase in Current Liabilities

Using the information in question, we have

Cash Provided by operating activities = $57,000 + $5,000 + $4,000 + $9,000 = $75,000

None of the above is the right answer as the correct option is not available.

8 0

3 years ago

What are the goals when a government uses expansionary monetary policy?

Ainat [17]

Answer:

stimulating economic growth

Explanation:

Expansionary monetary policies are the action by the Fed that aims at stimulating economic growth. They aim at increasing the money supply in the economy. Examples of expansionary monetary policies are open market purchases, reduction of the discount rate, and reduction in the reserve requirement ratio.

Expansionary monetary policies stimulate economic growth by encouraging investments and consumption spending. When the discount rate is reduced, interest rates reduce automatically. Banks will loan out more when they a lot of money in their custody. Expansionary monetary policies are applied when there is a slowdown in economic growth.

5 0

3 years ago