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Mkey [24]
3 years ago
11

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:

You might be interested in
Suppose the growth of production in Country B follows Solow Model. Country B's production function is Y = F(K,L) = K0.5 L0.5 . C
BartSMP [9]

Answer:

80

Explanation:

Given the Solow Formula Y = K^{0.5} *L^{0.5} in the question, we have:

Capital K = 64

Labors L = 100

Substituting the number for K and L into the equation, we have:

Y=64^{0.5} *100^{0.5}

Y = 8 * 10

Y = 80

Please Note:

Country B's production function is Y = F(K,L) = K0.5 L0.5 is not correctly stated as the real Solow Model using equation format in the question. This has therefore been done under the explanation above and now correctly stated as Y = K^{0.5} *L^{0.5} .

3 0
4 years ago
Computing and Assessing Plant Asset Impairment
AVprozaik [17]

Answer:

a. Depreciation expense = (Cost - Salvage value / Useful life

Depreciation expense = ($225,000 - $25,000) / 10 years

Depreciation expense = $20,000

b. Equipment's net book value = Cost of equipment - Depreciation for 4 years

Equipment's net book value = $225,000 - ($20,000 * 4)

Equipment's net book value = $225,000 - $80,000

Equipment's net book value = $145,000

c. When the sum of undiscounted expected cash flows < Net book value of asset, then the asset is impaired

Here, $125,000 < $145,000. So, the equipment is impaired.

Impairment loss = Net book value of asset - Fair value of asset

Impairment loss = $145,000 - $90,000

Impairment loss = $55,000

8 0
3 years ago
In bankruptcy, a(n) _________ is the representative of an estate and has the capacity to sue and be sued on behalf of the estate
Alex Ar [27]

The administrator or executor is representative of an estate which has the capacity to sue and be sued on behalf of the estate.

In bankruptcy, the administrator or executor is the representative whose responsibilities is to possess the asset, pay creditors and distribute the remaining assets or other beneficiaries of the bankrupted company.

Usually, the administrator and executors are appointed when the bankruptcy of a business is declared and ascertained.

Therefore, the administrator or executor acts as representative of an estate which has the capacity to sue and be sued on behalf of the estate.

Read more about this here

<em>brainly.com/question/9774178</em>

5 0
2 years ago
Barbara buys the same market basket each week and spends $60 on it. This week Barbara brought $60 to the store but could not buy
Arisa [49]

Answer:

there was inflation

Explanation:

Inflation may be defined as the rise in the price or the increase in the cost of a product or commodities in the market. It is when you pay more price for the same commodity that you have bought it in a less price earlier.

When there is inflation, the price of goods in the market increases.

In the context, Barbara usually buys the same market basket every week at a price of $ 60. But this week she could not buy the market basket even though she had $ 60 with her. This is because the price of the market basket increased this week due to inflation and now cost more than $60. So Barbara could not buy the market basket.

4 0
3 years ago
Find the present value of $9,000 payable at the end of 4 years, if money may be invested at 4% with interest compounded continuo
natita [175]

Answer:

the present value is $7,669.294

Explanation:

The computation of the present value is shown below:

As we know that

A = Present value × e^(rate × time period)

$9,000 = Present value  ×  e^(0.04 × 4)

Present value = $9,000 ÷ e^0.16

= $9,000 ÷ 1.1735

= $7,669.294

Hence, the present value is $7,669.294

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
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