Answer: Limited liabilities and partnerships
Explanation:
Limited liabilities mean that the partners within the firm are only liable to pay off their debts with the amount they had invested as capital in the company. Partnership is an agreement between certain number of partners to share the profit and loss of the company. In this case since there is a 50/50 allocation of profits and there are only 2 partners therefore, this is a limited liability partnership.
Answer:
The Company's cash cycle is 17.3 days
Explanation:
The cash cycle is computed by the following formula:
Receivable No of days+ Inventory No of days- Payables No of days
31.4 days + 22.4 days - 36.5 days = 17.3 days
In the above question, Ives Corp is making an efficient operation of its cash resources. The payables are more than inventory, so the payables are financing the inventory as well as partly the receivables.
Answer:
entitles eligible employees of covered employers to take job-protected, unpaid leave for certain family-related or medical reasons.
Explanation:
The Family and Medical Leave Act is a labor law enacted by the 103rd United States Congress and signed by President Bill Clinton on the 5th of February, 1993.
The Family and Medical Leave Act entitles eligible employees of covered employers to take job-protected, unpaid leave for certain family-related or medical reasons.
Answer:
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
Explanation:
Direct Material Price Variance = (Actual Price - Standard Price) 
Actual Quantity
Opening the brackets we have
Actual Price Actual Quantity - Standard Price Actual Quantity
therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units
Final Answer
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
