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3 years ago

Explain what type of business would fall under a partnership ???

Business

1 answer:

scZoUnD [109]3 years ago

4 0

here you go

Explanation:

A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership

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A produce distributor uses 773 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann

alekssr [168]

$\sqrt\frac{2*773*28}{33}$ Answer:

Explanation:

Using the EOQ Formula = EOQ $\sqrt\frac{2*D*O}{H}$

D = Demand = 773

O = Ordering Cost =28

H = holding Cost = 11*33% =3.63

So we have :

EOQ= $\sqrt\frac{2*D*O}{H}$

EOQ= $\sqrt\frac{2*773*28}{3.63}$

EOQ= $\sqrt\frac{43288\\}{3.63}$

EOQ= $\sqrt{11925.06887}$

EOQ= 109.20196

Previous per unit order cost = 28/773 =0.03622

No of Orders = D/o

No of Orders = 773/109.20196 =7.0786

Cost per order =109.20196*0.03622 =3.9555

Total order cost= 7.0786*3.9555=27.9998

At EOQ holding Cost is equal to Order Cost

New Order cost =27.9998

Holding Cost = 27.9998

New cost As per EOQ = 56

Previous (33+28) = 61

Net Saving = 5

6 0

3 years ago

Whats a good way to make more money from $9.00,

Ymorist [56]

Your answer: work more hours

7 0

4 years ago

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week o

Readme [11.4K]

Answer:

Type 1 decision error cost and Type 2 decision error cost

Explanation:

Type 1 decision error cost has to do with recruiting the wrong candidate or person specification for the job, type 1 error are expensive to the organization and frustrating to the employees. Type 2 decision error cost has to do with the opportunity cost forgone, when the right candidate which could have been hired, was not hired.

The CEO is likely to discover the Type 1 decision error cost

8 0

3 years ago

JPJ Corp has sales of $ 1.16 million, accounts receivable of $ 47,000, total assets of $ 4.81 million (of which $ 3.05 millio

worty [1.4K]

Answer:

a. JPJ's accounts receivable days: 14.79 days

b. JPJ's Fixed asset turnover: 0.38

c. JPJ's Total asset turnover: 0.24

d. JPJ's Inventory turnover: 3.86

Explanation:

a. The accounts receivable days is calculated by using following formula:

The accounts receivable days = (Accounts receivable/Annual Sales) x Number of days in the year = ($47,000/$1,160,000) x 365 = 14.79 days

Fixed asset turnover = Net Sales/Fixed assets = $1,160,000/$3,050,000 = 0.38

Total asset turnover helps investors understand how effectively companies are using their assets to generate sales. Total asset turnover is calculated by using following formula:

Total Asset Turnover = Total Sales/Total Assets = $1,160,000/$4,810,000 = 0.24

Inventory turnover = Cost of goods sold/Inventory = $590,000/$153,000 = 3.86

8 0

3 years ago

Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha

liraira [26]

Answer:

The indifference point is 10,000 units.

Explanation:

Giving the following information:

Two vendors have presented proposals. The fixed costs are $ 50,000 for proposal A and $ 70,000 for proposal B. The variable cost is $ 12.00 for A and $ 10.00 for B. The revenue generated by each unit is $ 20.00.

Proposal A= 50,000 + 12*x

Proposal B= 70,000 + 10*x

70,000 + 10x= 50,000 + 12x

20000= 2x

10000= x

The indifference point is 10,000 units.

8 0

3 years ago