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Lana71 [14]
3 years ago
6

When partners own different portions of the business, the terms should be stated clearly in what document?

Business
2 answers:
seropon [69]3 years ago
7 0

The answer is the partnership agreement.

You would not have articles of incorporation because this is not a corporation but a partnership.

The executive summary is just a brief outline of what is to come in the document it is attached to.

The business summary would not contain this information.

the only logical answer is the partnership agreement that will list how much equity each partner is to have in the company moving forward.

sattari [20]3 years ago
3 0
The partnership agreement the answer is in the question
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McBride’s Dairy has 200 gallons of heavy cream and 600 gallons of skimmed milk and has incurred $1,000 of joint costs at the spl
Katyanochek1 [597]

Answer:

Cream $560

Explanation:

Units Selling price Sales value Percentage of sales value Allocated cost

Cream200 15    3,000    3,000/5,400 = 56%                1,000 x 56% = $560

Skimmed

milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440

Total                   $5,400 100% $1,000

Therefore the  amount  of joint cost allocated to cream  is  $560

3 0
3 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
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Answer:

nothing to be carried forward to next year $7,000 deductible this year;

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8 0
3 years ago
At Bayside Financial, where you work as a project manager, you have been asked to conduct user training sessions for a new infor
Otrada [13]

Answer:

The correct total time is nineteen (19) days instead of twenty-one days.

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Given the analysis of time for the project in parenthesis, it is feasible to merge some of the activities together by carrying them out simultaneously.

For example:

In the course of arranging and confirming the training facility to use which will last for 3 days, the development of the training material that ought to last for 5 days is brought down to a 2 days work because the initial 3 days for arrangement becomes vacant pending the reply on the final day. This brings the total days from 8 to 5.

Other days remain thus:

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• Conduct the user training sessions (4 days).

Hence, total days are as follow:

5 +1 + 2 + 5 + 2 + 4 = 19 days.

5 0
3 years ago
How do we advice company on how to support each of it`s S.B.U
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4 0
2 years ago
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Answer:

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3 0
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