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Karolina [17]
2 years ago
6

3. State the difference between limited liability and unlimited liability?​

Business
1 answer:
Crank2 years ago
3 0

Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

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An investment has the following payment structure: 1,000 payable in one year, 1,000 payable in two years, and 1,000 payable in t
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Answer: C. 7.3%

Explanation:

The yield rate is a weighted average of the yields over the years:

= [ (1 * 6%) + (2 * 7%) + (3 * 8%)] / ( 1 + 2 + 3)

= 44%/ 6

= 7.33%

= 7.3%

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What are the approaches for learning Economics effectively?
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What is the primary reason that we have 3 branches
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Opinion: Based on marginal analysis that examines costs and benefits, why do some people choose NOT to eat organic food?
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3 0
3 years ago
Read 2 more answers
Gale Corporation manufactures windsocks. The business recently decided to adopt an ABC system. The following activities have bee
solniwko [45]

Answer:

$270,000

Explanation:

The first step is to calculate the overhead cost of the material handling parts

Since each wind stock require 3 parts then the overhead cost can be calculated as follows

= 3 × 20,000

= 60,000

The overhead cost of machining hours can be calculated as follows

Since 5 minutes is spent in the machining department then overhead cost is

= 5× 20,000

= 100,000

The overhead cost of packaging number of finished units can be calculated as follows

= 2 × 20,000

= 40,000

Total overhead cost= 100,000 + 60,000 + 40,000

= 200,000

The total cost of direct materials and labor can be calculated as follows

= 3.5 × 20,000

= 70,000

Therefore the total cost of producing 20,000 windstocks is

= Total overhead cost + total cost of direct materials and labor

= 200,000 + 70,000

= $270,000

Hence the total cost of producing 20,000 windstocks is $270,000

5 0
3 years ago
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