1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inessss [21]
3 years ago
6

When two proprietors decide to combine their businesses and form a partnership, gaap usually requires that noncash assets be tak

en over at their _______ on the date of the partnership.
a. residual value
b. book value
c. fair market value
d. historical cost
Business
1 answer:
Tcecarenko [31]3 years ago
8 0
When proprietors decide to combine their business and form a partnership, gaap usually requires that non cash assets be taken over at : C. fair market vale
The data will be used to calculate the percentages of ownership of each combined companies

hope this helps
You might be interested in
The ____ flow of information needed from the CSIRT to organizational and IT/InfoSec management is a critical communication requi
Softa [21]

Answer:

The answer to this question is Upward.

Explanation:

CSIRT is at lower level then the organizational and IT/infoSec management in the hierarchical structure.

So if the CSIRT sends some information to organizational and IT/infoSec the flow should be considered as upward flow.

Hence we that the answer to this question is upward.

7 0
3 years ago
One ethical dilemma that multinational firms must face is
Oksi-84 [34.3K]

Answer:

Bribery

Explanation:

they must decide whether to pay bribes or find alternative sources of supplies

7 0
3 years ago
Examples of the bs of our society?
Luba_88 [7]
You don’t ask to be born but are expected to do everything asked of you
6 0
3 years ago
You survey 125 employees and determine that 25 are extremely unhappy. As you walk the floor, you run into a random employee, wha
Alex17521 [72]

Answer:

0.2 or 20%

Explanation:

The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.

=25/125

=1/5

The odds are 1 in every five people is extremely unhappy.

1/5 = 0.2 or 20%

4 0
3 years ago
A trader enters into a one-year short contract to sell an asset for $60 when the spot price is $58. The spot price in one year p
Dima020 [189]

Answer:

$3 loss

Explanation:

Given that

Selling value of an asset = $60

Spot price at that time = $58

The Spot price in one year = $63

So, the now the gain or loss for one year would be

= Selling value of an asset - Spot price in one year

= $60 - $63

= $3 loss

Since we have to find out for one year so we considered the price for one year i.e selling price and the spot price            

8 0
3 years ago
Other questions:
  • In a tiny village, on the coast of South America, early inhabitants used sea shells, as money. Some of these shells were very be
    8·1 answer
  • How do jellyfish move
    10·2 answers
  • Keesha Co. borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%, $200,000 note. 1. On what date does
    6·1 answer
  • Which of the following costs is often important in decision making, but is omitted from conventional accounting records? A. Fixe
    6·1 answer
  • A beverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the offici
    10·1 answer
  • Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He has used different sources of recruitment to recrui
    12·1 answer
  • A firm doubles the quantity of all resources it employs and, as a result, output doubles. Which of the following is correct?
    13·1 answer
  • Taser Industries must decide whether to make or buy some of its components. The costs of producing 175,000 battery packs for its
    13·1 answer
  • Tate Industries stock is selling for $20 a share. You would like to purchase as many shares of this stock as you can. Your margi
    15·1 answer
  • The following data are taken from the financial statements of Bar Harbor Company:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!