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3 years ago

'Partnership business can't be successful without mutual understanding'.justify this statement.

Business

1 answer:

Colt1911 [192]3 years ago

3 0

Answer: See explanation

Explanation:

A partnership is a form of business operations that takes place between two or more people who come together, join their skills and resources together so as to achieve organizational aims, and make profit.

For a partnership to succeed, there must be a mutual understanding between the partners that are involved. The mission and the visions of the organization must be shared by all the partners and understood.

When the partners don't have an agreement in place and a clear understanding about how the partnership will be handled and decisions will be made, this will eventually being about the downfall of the partnership.

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On January 1, Year 1, Price Co. issued $190,000 of five-year, 6 percent bonds at 96½. Interest is payable annually on December 3

Tasya [4]

Answer:

a) Cash received = $183,350

b) Interest expense = $12,730

c) Carrying value = $186,010

Explanation:

As per the data given in the question,

a) Face value of bond = $190,000

Issued at =0.965

Cash received = $190,000 × 0.965

= $183,350

b) Discount on bonds payable = $190,000 - $183,350

=$6,650

Annual amortization of discount on bonds payable =$6,650÷5

= $1,330

Cash interest = $190,000×0.60

= $11,400

Interest expenses = $11,400+$1,330

= $12,730

carrying value = $183,350 + ($1,330 × 2)

= $186,010

6 0

3 years ago

Is this story: sole proprietorship, partnership, OR corporation?

Mrrafil [7]

It's a <span>partnership. I have to write more words but that's what that arrangement is.</span>

3 0

3 years ago

The cost C and the revenue R for a brokerage firm depend on the number T of transactions executed. (Both C and R are measured in

marusya05 [52]

Answer:

C(T) = $730 + $25T

R(T) = $35T

T = 193 transactions

Explanation:

Given that:

C = cost ; R = revenue ; T = number of transactions

Amount paid per transaction = $25

Cost keeping office open = $730

Amount collected on each transaction = $35

(a) Find a formula that gives C as a function of T.

C(T) = Cost of keeping office open + (cost per transaction × number of transactions)

C(T) = $730 + $25T

(b) Find a formula that gives R as a function of T.

R(T) = (Amount collected per transaction * number of transactions)

R(T) = $35T

R = C + 1200

Substitute the value of R and C into the equation:

35T = 730 + 25T + 1200

35T - 25T = 730 + 1200

10T = 1930

T = 1930 / 10

T = 193 transactions

6 0

3 years ago

Financial data for a company is provided below: Cash, end of year, $500,000 Estimation of yearly cash expenses from negative cas

DanielleElmas [232]

Answer:

The company be able to continue without positive cash flows or additional financing for 39 Months

Explanation:

in given information assessed negative income from activity is (155,000), this is expected that there won't be any income from contributing or financing exercises.

information given for records of sales and stock is superfluous since both are a piece of working income which is as of now evaluated.

there for shutting balance toward the finish of year is $500,000 separated by negative income of (150,000) equivalents to months organization will ready to proceed without positive income or extra financing

8 0

3 years ago

A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water. Calculate the morality, molality, and mole fraction of

maks197457 [2]

The morality, molality, and mole fraction of NaOH is mathematically given as

morality= 4 ppm
molality=0.7936m
x1 = 0.152

What are the morality, molality, and mole fraction of NaOH?

Question Parameters:

A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water.

Generally, the equation for the Molality is mathematically given as

molality = (mass / molar mass) x (1/ weight of solvent kg)

Therefore

M= (800 /40) x (1 /25.2)

M=0.7936m

Therefore

m= 10 x 18 / 1000

m= 0.18

Hence

x1 = 0.18 - 0.18 x1

1.18 x1 = 0.18

x1 = 0.152

Where the mole fraction is x1 = 0.152 The mass is

m= (800 / 800 + 2000) x 1000

m= 28.57 %

Hence the morality

molality = mg /L

molality= 8000 x 10^-3 / 2 L

morality= 4 ppm

In conclusion, the morality, molality, and mole fraction of NaOH are given respectively as

morality= 4 ppm

molality=0.7936m

x1 = 0.152

'Partnership business can't be successful without mutual understanding'.justify this statement.​

'Partnership business can't be successful without mutual understanding'.justify this statement.