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3 years ago

Which is a contract used when two or more individuals create a business?

Business

2 answers:

jasenka [17]3 years ago

5 0

Answer:

A. Partnership agreement

valentina_108 [34]3 years ago

5 0

Answer:

Partnershi agreement

Explanation:

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What type of awareness is a company practicing if it requires that all lights be shut off after leaving a room?

lutik1710 [3]

i'm pretty sure this is global.

6 0

3 years ago

Read 2 more answers

For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall

bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0

3 years ago

On January 1, 2020, Bonita Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t

Delvig [45]

Answer:

Following are the responses to the given points:

Explanation:

For point a:

Criteria I

Date: 1-1.2020 Debt Investments $\$3,44,260.74$

cash $\$3,44,260.74$

For point b:

Criteria II

Date: 31.12.2020 Interest Account receivable to pay $\$38,400.00 \ \ \ \ \ \ \ \ \ \ 320000\times 12\%$

Debt Investments $\$3973.93$

rate of Revenue $\$34,426.07(\$344,261.74 \times 0.10)$

31.12-2020 Fair Value Adjustment $1713.19$

Gain or loss - equity unrealized holding $1713.19$

for point c:

Criteria III

31.12-2021 Interest Account receivable to pay $\$38,400$

Debt Investments $\$4,371$

rate of Revenue $\$34,029$

31.12-2021 Gain or loss - equity unrealized holding $\$7,927.69$

Fair Value Adjustment $\$7,927.69$

$329700-335914.50=6214.50+1713.19 =7,927.69$

Please find the attached table.

8 0

3 years ago

The following errors took place in journalizing and posting transactions:

kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

a. Dr Cash $8400

Cr Account receivable $8400

b. Dr Supplies $2500

Cr Office equipment $2500

Dr Supplies $2500

Cr Account Payable $2500

Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.

6 0

3 years ago

Amy is a current shareholder of DJ Industries. She has been given the right to purchase an additional 25 shares of DJ Industries

jasenka [17]

Answer:

stock warrant

Explanation:

Amy was given a stock warrant which gives her the right to purchase a specific number of stocks (25 stocks) at a specific price ($32) during a specific time period (12 months). Stock warrants are issued directly by the corporation to the stockholders. Stock warrants are also tradable, so Amy can choose to sell them to another investor.

7 0

3 years ago