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Vlad1618 [11]
2 years ago
12

Raymond and his brother decided to open a computer repair shop together. This is an example of which type of business structure?

Choose the answer.
limited liability company
partnership
corporation
sole proprietorship
Business
1 answer:
trasher [3.6K]2 years ago
4 0

Answer:

partnership

Explanation:

A partnership business is formed when two or more people agree to start a business together. They become partners in the business. The partners share in the responsibilities of running the business as agreed in the partnership agreement. Profit and losses are distributed to the partners using an agreed formula.

Forming a partnership is less complex than a corporation. Typically partnerships are started by friends or acquaintances with shared business visions.

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Campbell’s Soup has divided the domestic market into more than 20 re- gions, each with its own sales managers that develop speci
Sliva [168]

Answer:

a. micromarketing

Explanation:

Micromarketing -

It is the strategy of marketing , where the advertising is done on the basis of the location and the taste of the people , is referred to as micromarketing .

In this method ,

The ares are bifurcated into small regions , and for each and every region different method of marketing is used , depending on the people and location .

This enables to market the goods and services in a better manner .

Hence , from the given scenario of the question ,

The correct option is a. micromarketing  .

3 0
3 years ago
What criteria is used to determine the date when foreign taxes are accrued for purposes of the foreign tax credit?
vfiekz [6]
➡️ If you choose to take the foreign tax credit, and the taxes paid or accrued✔️

➡️Use the rate of exchange in effect on the date you paid the foreign taxes to the ✔️

➡️For this purpose, withholding tax includes any tax determined on a gross basis.✔️

➡️Need to know how to qualify for Foreign Tax Credit and avoid double taxation✔️

➡️high tax foreign countries, it may be preferable to use the Foreign Tax Credit alone.✔️

➡️ and excess profits taxes paid or accrued during your tax year to any foreign ✔️
7 0
2 years ago
Discuss the errors that can be detected through a trial balance. How are they spotted and corrected? Consider a particular type
o-na [289]

Answer:

bhhhhhhhhhhh

hhh

Explanation:

6 0
2 years ago
Craft, Inc. normally produces between 120,000 and 150,000 units each year. Producing more than 150,000 units alters the company'
SVETLANKA909090 [29]

Answer:

The production range between 1120,000 and 150,000 is called Relevant range

correct option is c) relevant range

Explanation:

given data

normally produces = 120,000 to 150,000 units

to find out

The production range between 1120,000 and 150,000 is called

solution

The production range between 1120,000 and 150,000 is called Relevant range because there are 2 point

  • if Craft, Inc. need to reduce fixed expenses then production volume is reduce less than 120000 unit
  • if Craft, Inc. need to increase fixed expenses than production volume is increases more than 150000 unit

and if expected fixed expenses will not change than the production volume is 120000 units to 150000 units

so that production range between 1120,000 and 150,000 is called Relevant range

correct option is c) relevant range

7 0
3 years ago
Liam​ O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The qu
Rashid [163]

Because the future value of annual premiums deposited in a mutual fund is 755 (F/A, 9%, 45) = $397,023.34, Then, the friend is correct since the mutual fund is roughly three times the sum under the Insurance policy.

<h3>Was Liam's suggestion correct?</h3>

Generally, Premium  payment is mathematically given as

X=60-20

X=45years

Where future value is

755 (F/A, 9%, 45)

In conclusion

755 (F/A, 9%, 45)  = 755 * 525.8587

755 (F/A, 9%, 45) = $397,023.34

Read more about Arithmetic

brainly.com/question/22568180

Complete Question

Liam O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The quoted annual premium for Liam is $8.39 per thousand dollars of insurance coverage Because Liam wants a $90,000 policy (which is 2.5 times his annual salary), the annual premium would be $755, with the first payment due immediately (i.e., at age 21). A friend of Liam's suggests that the $755 annual premium should be deposited in a good mutual fund rather than in the insurance policy. "If the mutual fund earns 9% per year, you can become a millionaire by the time you retire at age 65," the friend advises.

3 0
1 year ago
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