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valentina_108 [34]
3 years ago
14

Which option identifies the most likely basic requirement in the following scenario?

Business
1 answer:
Savatey [412]3 years ago
8 0

Answer: C. an infrastructure providing educated workers and advanced machines

Explanation:

Since the developing country needs to shift from smallholding to a modern state-of-the-art agribusiness-style farming, it's vital for the country to have an infrastructure providing educated workers and advanced machines. The educated workers will help in handling the technical know-how of the.machines used for the modern agribusiness.

An infrastructure that's providing cheap

and unskilled laborr isn't ideal in this case. Also, traditional subsistence farming won't help since the country is moving to a modern style.

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When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they?
Lerok [7]

When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they option(d)i.e, Give the firm a stronger financial foundation.

A general partnership, which is the fundamental type of partnership under common law, is, in the majority of nations, a grouping of people or an unincorporated business having the main characteristics listed below: Estoppel, proof of existence, and agreement are all necessary for creation.

A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.

In a sole proprietorship, the business's owner is personally liable for all debts and obligations. In a partnership, two or more individuals pool their resources for the company and split earnings and losses.

The complete question is:

When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they:

a) Are less risky because each partner is responsible for only a specified fraction of the firm's debts.

b) Are easier to terminate.To know more about refer to:

c) Cost less to organize.

d) Give the firm a stronger financial foundation.

To know more about general partnership refer to:  brainly.com/question/17369246

#SPJ4

5 0
1 year ago
Miller Corporation issued 6000 shares of its​ $5 par value common stock in payment for attorney services billed at​ $54,000. Mil
Deffense [45]

Answer:Share premium account of $24,000

The provider of attorney services of $30,000

Explanation:

On provision of services, the Attorney services expenses account is debited with $54,000 and the attorney services provider account credited with $54,000

Furthermore a share account is opened for the provider and credited with $30,000 , the share premium is credited $24,000 and a debit transfer is made to his liability account initially credited.

The $24,000 credit to share premium represents the difference between the nominal value of the share of $5 and the market value of $9 multiply by the 30,000 shares he was paid with.

Also a memorandum will be issued to state that 6000 share has been transferred from Miller to the attorney services provider and the shares will be delited from his name and entered in the name of the services provider because the credit of shares to his account does not represents new shares issued but it's the transfer of Miller's shares to him.

4 0
3 years ago
John owes Kathleen​ $5,000. In​ January, Kathleen assigns her right to collect the money to Jennifer. In​ March, Kathleen assign
Ann [662]

Answer: Kathleen

Explanation:

English Rule is that it does not matter about anyone else in the case. So long as John owes money to Kathleen, then Kathleen is the one who can claim the money.  

5 0
3 years ago
Read 2 more answers
A term that is not synonymous with property, plant, and equipment is
Murljashka [212]

Answer:

4. intangible assets.

Explanation:

Total assets are classified into current assets, fixed assets, and intangible assets.

Current assets comprise cash, stock, receivable account, etc.  

Fixed assets include plant & machinery, property, facilities, furniture & equipment, etc.

And, the intangible assets are patents, copyrights, goodwill, and other intellectual properties plus they are not seen or even touched.

Whereas the fixed assets or other related synonymous are tangible in nature

6 0
3 years ago
Use your knowledge of balance sheets, what are the total liabilities and retained earnings in the text below, respectively? ASSE
Vera_Pavlovna [14]

Answer:

B) 280,000; 200,000

Explanation:

Assets = Liabilities + Shareholder Equity

Assets:

Cash                              $50,000

Accounts receivable    $80,000

Inventory                     $100,000

Gross P&E                   $730,000

<u>depreciation               ($130,000)</u>

total                          = $830,000

Liabilities:

Accounts payable         $12,000

Notes payable              $50,000

<u>Long-term debt           $218,000 </u>

total                          = $280,000

Equity = $830,000 - $280,000 = $550,000

Common stock            $100,000

Add. paid-in capital    $250,000

Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000

3 0
3 years ago
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