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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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Since the beginning of the twentieth century, the United States has experienced _________ recessions. Of those, ______ have occu

faltersainse [42]

Answer: 22; 7

Explanation;

A Recession refers to the economy of a country contracting for at least 2 quarters.

Since the the beginning of the twentieth century, the United States has experienced<u> 22 recessions </u>with the worst being the Great Depression of 1929 and the Great Recession of 2008.

Of those,<u> 7 have occurred since 1970</u> with the 7th ongoing as a result of the Corona virus pandemic.

5 0

3 years ago

At the beginning of 2021, Terra Lumber Company purchased a timber tract from Boise Cantor for $2,950,000. After the timber is cl

Contact [7]

Answer:

depletion of the timber tract = $228,000 and

depreciation of the logging roads = $22,800

Explanation:

Timber tract

Depletion rate = (Cost - Residual Value) ÷ Estimated units

= ($2,950,000 - $670,000) ÷ 5,700,000

= $0.40

Depletion expense = Units used x Depletion rate

= 570,000 x $0.40

= $228,000

Logging Roads

Depreciation rate = (Cost - Residual Value) ÷ Estimated units

= ($228,000 - $0) ÷ 5,700,000

= $0.04

Depreciation expense = Units used x Depreciation rate

= 570,000 x $0.04

= $22,800

5 0

3 years ago

Job control unionism seeks to achieve all of the following except:A. Increase employee participation and decrease managerial con

Tasya [4]

Answer:

A. Increase employee participation and decrease managerial control.

Explanation:

Unions are basically the key to decrease managerial control as much as possible and increase the power wielded by the workers.

5 0

3 years ago

Suppose 20.0 g pieces of gold and iron, both initially at 100oC, are added to different containers of water, both initially at 2

Sauron [17]

Answer:

The final temperature in the container with Gold is 27.49 ⁰C

The final temperature in the container with Iron is 33.01 ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

Explanation:

Q = mcΔT

Where;

Q is the quantity of heat gained or lost

m is the mass of the metals or water

c is the specific heat capacity

ΔT is the change in temperature, T₂ - T₁

T₂ is the final temperature and T₁ is the initial temperature

Heat lost by metals at 100°C is equal to heat gained by water at 25°C

$-Q_{metal} = Q_{water}$

$-Q_{Au} = Q_{H_2O} \\-Q_{Fe} = Q_{H_2O}$

Specific heat capacity of water = 4.18 J/g°C

Specific heat capacity of gold = 0.129 J/g°C

Specific heat capacity of iron = 0.45 J/g°C

⇒For Gold

-20*0.129*(T₂ - 100) = 18*4.18 (T₂ - 25)

-2.58T₂ +258 = 75.24T₂ - 1881

77.82T₂ = 2139

T₂ = 2139/77.82

T₂ = 27.49 ⁰C

⇒For Iron

-20*0.450*(T₂ - 100) = 18*4.18 (T₂ - 25)

-9T₂ +900 = 75.24T₂ - 1881

84.24T₂ = 2781

T₂ = 2781/84.24

T₂ = 33.01 ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

5 0

3 years ago

Pujols Lumber Yard has a current accounts receivable balance of $365,061. Credit sales for the year just ended were $6,842,109.

jeka94

Answer:

19.48 days

Explanation:

Calculation to determine How long did it take on average for credit customers to pay off their accounts during the past year

First step is to determine the receivables turnover for the company using this formula

Receivables turnover = Credit sales / Receivables

Let plug in the formula

Receivables turnover = $6,842,109 / $365,061

Receivables turnover = 18.74 times

Now let determine l the day’s sales in receivables using this formula

Days’ sales in receivables = 365 days / Receivables turnover

Let plug in the formula

Days’ sales in receivables = 365 days / 18.74

Days’ sales in receivables = 19.48 days

Therefore How long did it take on average for credit customers to pay off their accounts during the past year is 19.48 days

3 0

3 years ago

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

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