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olga55 [171]
4 years ago
12

Why is it important for a partnership agreement to spell out managerial responsibilities and financial arrangements?

Business
1 answer:
alina1380 [7]4 years ago
5 0
It is important so no one in the agreement screws the other person over
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Peak Performance Sporting Goods Company continues to perform well. Company executives credit this to the strong partnerships it
amid [387]

Answer:

$3,200,000

Explanation:

The net income after taxes (NIAT) is determined as the product of the basic earnings per share (EPS) by the number of shares outstanding.

Since Peak Performance Sporting Goods has an EPS of $0.80 per share and 4,000,000 shares outstanding, their net income after taxes, for this period is:

NIAT = \$0.80 *4,000,000\\NIAT = \$3,200,000

Net income after taxes for the same period = $3,200,000.

3 0
3 years ago
Which of the following statements about sales promotions is​ correct?A. The use of sales promotions has declined in recent years
ZanzabumX [31]

Answer:

B. The heavy use of sales promotions has resulted in promotion clutter.

Explanation:

Sales promotion clutter refers to the high number of promotional messages or materials a consumer is presented with every day.  When there are excessive promotion messages in the market, it becomes difficult for a business to stand out from the cloud. Today, TVs, Radio, Newspapers, and billboards carry hundreds of promotional messages. The business has to be innovative to cut through the clutter in the marketplace.

Sales promotions are still relevant in the market. Business must find unique and effective ways of capturing consumers attention while doing sales promotion. For example, companies are creating hilarious commercial video and posting them through social media websites. Business can make use of senses such as sound, sight, touch and smell in strategic locations such as shopping mall, retails centers, or in traffic jams to draw customers attention.

8 0
3 years ago
When the required reserve ratio is 20 percent, the money multiplier is?
blsea [12.9K]
Formula for money multiplier is :
money \: multiplier \: = 1 \div reserve \: ratio
thus
reserve ratio= 20% = 0.20
money multiplier = 1÷0.20= 5

Money multiplier shows the extent to which the money supply is affected by any change in the deposit amount.
7 0
3 years ago
A community bird-watching society makes and sells simple bird feeders to raise money for its conservation activities. The materi
Mademuasel [1]

Answer:

A) (20-(x-10)) (x-6) = -x^2 +36x-180

B)In order to maximize the weekly profit the feeder price should be $80 and the weekly profit will be $144

Explanation

A)Let's consider they priced each feeder dollar x then the gain (price minus cost) of each feeder is (x-6). With the price of Dollar 10 they can sell 20 per week.

For every dollar increase in price they will lose two sales so total sale is

(10-(x-10)) .By multiplying the number of sales of feeder with profit of each feeder sold we get total revenue y i.e.

Y=(x-6)(20-(x-10))

=(x-6) (30-x)

= -x^2+36x-180

B) compare above equation with quadratic equation we get;

a=-1 , b=36 , c= -180

A quadratic function has minimum or maximum at point -b/2a ,so revenue is increased for feeder price.

x= b/2a = 36/2(-1) = $18

AND

Maximum weekly profit is

Y(18) = (18-6) (30-18)

=$144

3 0
3 years ago
Gretchen works for Securitas Financial Group, but she seldom sees the inside of the offices. Instead, she does most of her work
olganol [36]

Since Gretchen does most of her work at home and seldom go to office, Gretchen have become independent contractors.

<h3>Who is an independent contractor?</h3>

An independent contractor serves as a self-employed person, who is a consultant that provides services to other organization.

Therefore, under Common law principles, independent contractor can be regarded as a status involving method of payment.

Learn more about independent contractor at;

brainly.com/question/25950911

3 0
2 years ago
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