Corporations, entities that sold shares of partial ownership in exchange for capital, became more common as the concept of limited liability emerged.
<span>Incorrect Answer(s)</span>
Answer:
Unit value of $36 Ross should use when applying the lower of cost or net realizable value rule to ending inventory.
Explanation:
Inventory should be recorded on:
Lower of
Cost of product = $36 per unit
Net realizable value = selling price -selling cost = $48 - $6 = $42
So the lower value is the cost value of $36 for the product. So, this value should be used in order to determine the cost of ending inventory.
Answer:
Holistic
Explanation:
A holistic approach means thinking about the big picture. You need to understand the need and the enviroment in order to put it in perspective
Answer:
D. Limited partner
Explanation:
Limited partner -
It is one of the owner of a company or organization , where the liability of the firm's debt is not allowed to raise than the other investor of the company .
Limited partner is also known as silent partners .
The limited partner has very restricted voting rights on the business of the company , and even is not involved in the day - to - day activity of the business .
The role of the limited partner is to invests some amount of money for exchange of the shares in a partnership .
Hence , from the information of the question ,
Travis is a Limited partner in the given partnership .
Answer: Quality marketing communications.
Explanation:
Marketing communication are methods by which a business brand communicates about it's products to it's customers, in order to positively influence their customers perception of their products.
Quality marketing communication is said to have occured, when the consumers understand and purchase products based on the information passed across through marketing communication from a business brand.
