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Georgia [21]
3 years ago
10

Portable Pet Care, Inc., a mobile veterinary clinic, is planning for the future. The company owners (two seasoned veterinarians)

have brought together the vice president of marketing and the director of information systems to talk about their expansion campaign, "We come to you!" The talks are in the preliminary stages, so there is no need to concern the finance team at this time because cash flow is currently not a problem. True or false?
Business
1 answer:
Arisa [49]3 years ago
4 0

Answer:

Your answer is false

Explanation:

this is because if you are looking to hire a vice president you will have to budget for their salary.

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Fred contributes cash of $350,000 to Strumble Partnership for his 50% interest in the partnership. For his 50% interest Gary con
n200080 [17]

Answer:

Gary's Basis in the partnership interest is $155,000

Explanation:

Particulars                                                                                Amount ($)

Adjusted Basis Of Land                                                          250000

Mortage*Share In Percentage ($200000*50%)                    (100000)

Additional Borrowing*Share In Percentage ($50000*50%)   (25000)

#Difference*Share In Percentage ($100000-$40000)*50%     30000

          Basis                                                                                    155000

Difference:

Net Income                                                                                   100000

Distribution Of Each Partner*2 ($20000*2)                                   (40000)

8 0
3 years ago
The total cost of producing 15 tons of butter is $35000. If average variable cost is $530, then what is the firm's average fixed
saw5 [17]

Answer:

$1803.33

Explanation:

average total cost = average variable cost + average fixed cost

average total cost = total cost / quantity = $35000  / 15 = $2,333.33

average fixed cost = $2,333.33 -  $530 = $1803.33

5 0
3 years ago
produces sports socks. The company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package.
antiseptic1488 [7]

Answer:

The contribution margin and the contribution ratio is $0.90 and 50% respectively.

Explanation:

The formula to compute contribution margin per package is shown below:

Contribution margin = Selling price per package - variable expense per package

= $1.80 - $0.90

= $0.90

And, the formula to compute contribution ratio is shown below:

= (Contribution per package ÷ selling price per package) × 100

= ($0.90 per package) ÷ ($1.80 per package) × 100

= 50%

8 0
3 years ago
Which hr competency refers to the ways hr employees guide others in the organization?
Kazeer [188]

The HR consultation is the branch of Hr competence which refers to the ways hr employees guide others in the organization.

<h3>What is an HR consultation?</h3>

This refers to the practice of delivering all aspects of human resource management as an external provider including client development, contracts and client management.

Therefore, the HR consultation is the branch of Hr competence which refers to the ways hr employees guide others in the organization.

Read more about HR consultation

brainly.com/question/14866353

#SPJ1

8 0
2 years ago
Natural Corporation often fails to file the annual reports required by law. They also have failed to conduct annual shareholders
Bas_tet [7]

Answer: The shareholders could lose their investments.

Explanation:

The above scenario given in the question will lead to shareholders losing their investments. This is because the shareholders are not carried along with regards to happening in the company.

Also, the company is not filing the annual reports required by law and they also have failed to conduct annual shareholders meeting and their bylaws have been out of date and not followed for about four years. Also, their stock prices can be discounted due to improper practices.

3 0
3 years ago
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