Congress makes a new law concerning the use of personal flight vehicles in public airspace. Which of the following would most likely happen? Congress creates the law along with a federal agency to administer it.
Statistics
Exports $318 billion (2014 est.)
Export goods Electronics, flat panels, ships, petrochemicals, machinery; metals; textiles, plastics and chemicals (2014)
Main export partners China 27.1% Hong Kong 13.2% United States 10.3% Japan 6.4% Singapore 4.4% (2012 est.)
Imports $277.5 billion (2014 est.)
Answer:
60%
Explanation:
To calculate the percentage assigned to cost of goods sold
, we should use the formula:
= 60%
Therefore, the percentage assigned to Cost of goods sold is 60%
Answer:
The cash distribution is subtracted from the investor's partnership basis
Explanation:
When partners wish to distribute more money than their earnings, then the amount of money distributed above the earnings' distribution must be subtracted from the partners' capital accounts.
For example, 3 partners each invested $50,000 in a partnership. The current year's profit is only $10,000, but the partners wish to distribute $25,000. The difference between the distribution and the profit = $15,000 which will be subtracted from the capital account (= $150,000 - $15,000 = $135,000).
In order to produce any economic good or service there must be some use of a land resource, either direct or derived. Land resource is any land that is ready for use for development like real estates and infrastructures for business. It is one of the important things to be acquired when one starts a business.