1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natali 33 [55]
3 years ago
8

Vincenzo Martin and Sasha Boudrakis have started a new firm, The Fan Base. Vincenzo is a well-known marketing guru who advises m

ajor league sports franchises on how to maximize the revenue from their teams' brands and logos. Sasha, meanwhile, is mostly silent in the operation. He has invested $2 million to get The Fan Base off the ground, and in return he receives 25% of the firm's annual profits. The Fan Base is organized as a Group of answer choices corporation. limited liability company (LLC). sole proprietorship. general partnership. limited partnership.
Business
1 answer:
Ugo [173]3 years ago
6 0

Answer: limited partnership

Explanation:

With the description given in the question, the The Fan Base is organized as a limited partnership. A limited partnership has a general partner, whom has an unlimited liability and a limited partner.

A limited partnership is when two or more partners go into business together, and in this case, the limited partners will be liable only up to the amount that they invested in the business.

You might be interested in
An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
kari74 [83]
I believe the correct answer is false. <span>An attractive business climate is not defined by only one dimension: it minimizes the political risk to a company. Other than this, there are other indicators present. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
Toby is purchasing a $15 cake for their mother's birthday.
miss Akunina [59]
Toby should use his debit card. he should use his debit card because it’s only 15 dollars which is not an expensive amount. using his debit card would keep the payments he has to make on his credit card lower
7 0
2 years ago
Strait Co. manufactures office furniture. During the most productive month of the year, 3,000 desks were manufactured at a total
Doss [256]

Answer:

b. $25,400

Explanation:

Please see attachment .

3 0
3 years ago
Nancy owns a small dress store. During 2015, Nancy gives business gifts having the indicated cost to the following individuals:
OverLord2011 [107]

Answer:

b. $50

Explanation:

Calculation for the amount of Nancy's deduction for business gifts

Deduction for business gifts=($37+$10-$22)+$3+$22

Deduction for business gifts=$25+$3+$22

Deduction for business gifts=$50

Therefore the amount of Nancy's deduction for business gifts will be $50

3 0
2 years ago
A producer of felt-tip pens has received a forecast of demand of 41,000 pens for the coming month from its marketing department.
VladimirAG [237]

Answer and Explanation:

The computation is shown below:

a. The break even quantity is

= Fixed cost ÷ (selling price per unit - variable cost per unit)

= $26,000 ÷ ($1 - 0.35)

= $26,000 ÷ 0.65

= 40,000

b. The price is

Let us assume the price per pen  be x

As we know that

Profit = Revenue - costs

$16,000 = (x)(41,000) - $26,000 - .35(41,000)

$16,000 = 41,000x - 40,350

$56,350 = 41,000x

x = $1.37

5 0
3 years ago
Other questions:
  • Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda’s Bagel Café in exchange for her payment of a debt t
    11·1 answer
  • Blossom Corporation, a manufacturer of ethnic foods, contracted in 2020 to purchase 470 pounds of a spice mixture at $2.35 per p
    8·2 answers
  • The Boeing Company buys $3 million worth of steel, $2.5 million worth of computer hardware and software, and $1 million worth of
    12·1 answer
  • Choose the statement that is incorrect. A. Search activity occurs only in markets where there is a shortage. B. The time spent l
    10·1 answer
  • In 2011 oil production in Libya was interrupted by political unrest. At the same time, the demand for oil by China continued to
    8·1 answer
  • Identify which of the following statements is true.
    15·1 answer
  • The equivalent annual cost method is most useful in determining: Group of answer choices the annual operating cost of an idle ma
    11·1 answer
  • Grjgdxgrd hdjgiktn rjgrjgnrf
    12·2 answers
  • How can one improve customer service?
    8·1 answer
  • Which calculation is needed to assess the component pieces of the operating section using the direct approach for the amount col
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!