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3 years ago

If two people are invited to invest and become partners in a business, the business owners will then the risk.

Business

2 answers:

patriot [66]3 years ago

9 0

The answer is: Share

When two people become partners in a business, all the profits that created from the operation would be divided between the two of them based on the proportion of the ownership.

They also had to share the risks of the investments because both of them also had to divide the amount of capital loss in case their operation fail to generate enough revenue.

worty [1.4K]3 years ago

3 0

The answer you're looking for is "Share." Hope this helps!

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Suppose that the wage rate is $30 per hour, and the firm sells each unit of output for $6. Using the data from Table 7.3, how ma

polet [3.4K]

I found this data from Table 7.3
 Labor Input Output
 0 0
 1 40
 2 70
 3 90
 4 100
 5 105
 6 108

Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost

 Labor cost Output Sales
 0 0
 30 240
 60 420
 90 540
 120 600
 150 630
 180 648

 Labor Input Output Labor cost Output Sales Revenue
 0 0 0 0 0
 1 40 30 240 210
 2 70 60 420 360
 3 90 90 540 450
 4 100 120 600 480
 5 105 150 630 480
 6 108 180 648 468

Labor Unit 4 and 5 both have a revenue of 480. It is the maximum revenue. I think the best option would be C. 4 UNITS.

Lesser cost to the company at a maximum revenue.

6 0

2 years ago

On December 31, 2019, Irey Co. has $3,000,000 of short-term notes payable due on February 14, 2020. On February 8, 2020, Irey bo

svet-max [94.6K]

Answer:

$1,800,000

Explanation:

Given short term notes payable = $3,000,000

Total amount used to liquidate short term notes = $2,200,000

Balance = $3,000,000 - $2,200,000 = $800,000

The additional $1,200,000 which is borrowed from Country Bank will not increase the short term notes payable because it's a long term credit

The additional $1,000,000 cash used will now be added to the balance amount

Amount to be reported as current liabilities = $1,000,000 + $800,000

= $1,800,000

Therefore the amount of the short-term notes payable that should be reported as current liabilities on the December 31, 2019 balance sheet which is issued on March 5, 2020 is $1,800,000

3 0

3 years ago

In a business combination in which an acquiring company purchases 100% of the outstanding common stock of another company, if th

spin [16.1K]

Answer:

It will be reported as gain.

Explanation:

If the fair value of the net identifiable assets acquired exceeds the fair value of the consideration given (purchase cost) will be a negative goodwill.

It will be due to "bargain purchase" and the accounting records the "negative goodwill" as a gain in the income statment

4 0

2 years ago

Job descriptions are a key prerequisite for any performance management system because

Dmitry [639]

Job descriptions are a key prerequisite for any performance management system because they provide the criteria that will be used in measuringperformance.
These job descriptions will give you all information you need to see how your performance is going to be measured. So it is important to include them to make things easier for you, so that you can know whether or not to apply for that particular position.

7 0

3 years ago

Which of the following statements about the role of institutions in economic growth is TRUE and which of the following statement

ki77a [65]

Answer:

Explanation:

(a) Expropriation has Truly been a major concern for the Government through out the globe, as the when an entity or body which is supposed to work for the good of the poor people by making use of the Government property starts dealing in illegal ways to grab it as private or work on other properties which are private in nature,

b) The European invasion of the many countries across the globe had initially been to gain ,more and more wealth and power through business.

However, it is true that the quality of the institutions colonized by the Europeans is related to whether the climate or the diseases in the colonized regime allowed the European settlers to live in those areas.

(c) It is true that the low quality institutions make it difficult to protect property rights and enforce contracts. The rights of the people are all dependent on how the State allows the people to enjoy them.

(d) It is true that the low-quality institutions are central to the theory of poverty traps that states that countries need a big push to felicitate convergence in living standards to the developed world.

8 0

3 years ago