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3 years ago

Five (5) grounds upon which the Registrar can lawfully refuse to register a partnership.

Business

1 answer:

tiny-mole [99]3 years ago

4 0

Answer:

Explanation:

The registrar can lawfully refuse o register a partnership under the listed conditions

1 . If its name is similar to any other existing partnership or business as the name of a business must be clearly unique

2.If its sole aim is perceived to be harmful or unpleasant, not in the public interest

3. It it has a name that the registrar has been directed by a higher authority not to approve

4. If the name is closely related to a partnership or a company that has been de-registered before

5. It the registrar believes on a reasonable ground the the partnership will be used to perpetrate criminal activities.

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Linda Perkins (64) shared a home all year with her son, Dennis (41), and Dennis’s son, Chase (20). Linda and Dennis worked full

Marat540 [252]

Answer: D. Either Linda or Dennis, but not both.

Explanation: AGI stands for adjusted gross income. This is basically your gross income which is adjusted after tax deduction.

In this case, because the house is shared between Linda and Dennis and also since they are the ones who earn only. Therefore, either one of them would be eligible for earned income tax credit.

If they had been living in separated houses, both of them would have received the earned income Tax Credit.

7 0

3 years ago

Jack works on the production line at an assembly plant. Jack receives a base salary plus $1.25 per unit assembled. This is an ex

Vanyuwa [196]

Answer:

The correct word for the blank space is: mixed.

Explanation:

Mixed costs or semi-variable costs are the results of adding fixed costs (those that do not change) to a variable cost (vary in proportion to the level of activity). Different levels of production in a company determine how much the mixed cost will be.

Thus, <em>in Jack's case, his salary is the fixed costs and the $1.25 per unit assembled is the variable cost.</em>

7 0

3 years ago

An awareness of the impact of today's actions on tomorrow's costs is a concept that underlies which of the following notions? Se

tester [92]

Answer:

The correct answer is A. Life-cycle costs

Explanation:

In the life cycle of costs, all the costs associated with the production of a good or the provision of a service over a given period of time interfere. For this reason, professionals in charge of this area should consider not only the information directly related to production, but also the costs associated with the maintenance of the product during its useful life.

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4 years ago

At December 31, 2021, the financial statements of Hollingsworth Industries included the following:

Degger [83]

Answer:

Basic EPS = $1.34 million

Diluted EPS = $1.23 million

Explanation:

As per the data given in the question,

Share on Jan-1 = 400 million

On Sep 1 Treasury shares = 12 million (36 million × 4 months ÷ 12 months )

No. of shares = 400 - 12 = 388 million

Basic EPS = Net income ÷ number of outstanding shares

= $520 million ÷ 388 million

= $1.34 million

Diluted EPS :

Net income = $520 million

After tax interest saving = $8 (20 million - (40% × 20 million ))

The 20 million is come from

= $520 million ×8%

= 20 million

Adjusted net income = $520 + $8 = $528 million

No. of shares as computed above = 388 million

Bond conversion shares = 40 million

Total share outstanding = 388 + 40 = 428 million

Diluted EPS = $528 million ÷ 428 million

= $1.23

5 0

3 years ago

Evaluate the suitability of an overdraft compared to the other three products detailed in the case study and recommend, with rea

navik [9.2K]

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hope I help

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3 years ago