1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jok3333 [9.3K]
3 years ago
9

Dairy Products, Inc., and Eden Farms Corporation form a joint venture to make and test-market Frosty Ice Cream. If this joint ve

nture is like most joint ventures, it will continue a. for an express duration of not more than one year. b. for a single project only. c. in perpetuity. d. for an implied duration of not more than six months.
Business
1 answer:
IrinaVladis [17]3 years ago
7 0

Answer:

The answer to this question is b. for a single project only.

Explanation:

A joint venture  is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.

The joint venture business usually last for the duration of the project it has come together to undertake. After which the individual businesses can go back to its usual operation.

Hence, the answer is b. for a single project only.

You might be interested in
When using the cost of production report to analyze the change in direct materials cost per equivalent unit compared to conversi
alisha [4.7K]

Answer: a.may increase while conversion costs decrease because the two are separately calculated and depend on separate costs.

Explanation:

When the cost of production report is being used to analyze change in direct materials cost per equivalent unit when compared to the conversion cost per equivalent unit, we should note that an investigation may end up showing that the fluctuation in the the direct materials costs which then brings about an increase or a decrease.

Therefore, the correct option is A "may increase while conversion costs decrease because the two are separately calculated and depend on separate costs".

5 0
2 years ago
Describe the obama administration's strategy for holding the may 2009 health care reform meeting with the president and all inte
anzhelika [568]
<span>The Obama administration's line of thinking was likely to afford transparency with regard to healthcare. It is likely that the meeting among representatives from hospitals, the insurance industry, medical device and pharmaceutical companies, labor and physicians at the White House was to discuss major steps being taken to lower health care costs across the board.</span>
3 0
3 years ago
Gault Corporation had the following shares of stock outstanding on December 31, 2018:
Andreas93 [3]

Answer:

The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

Explanation:

Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.

The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.

The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.

So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

5 0
2 years ago
7g-9 ( 2g + 1 ) = 13
tatiyna
The answer to the question is g=-2

7 0
3 years ago
Dave Matthew Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump su
Sedaia [141]

Answer:

$78,199

Explanation:

If the market price of common stock is $165 per stock, then selling 500 common stocks should = $82,500

If the market price of preferred stock is $230 per preferred stock, then selling 100 preferred stocks should = $23,000

If we add both we would get $105,500. If we want to allocate the proceeds proportionally according to their market prices:

common stocks = ($82,500 / $105,500) x $100,000 = $78,199

preferred stocks = ($23,000 / $105,500) x $100,000 = $21,801

the journal entries should be:

  • Dr Cash account 78,199
  • Cr Common Stock account 5,000
  • Cr Capital Paid-in Excess of Par Value (Common Stock) account 73,199

  • Dr Cash account 21,801
  • Cr Common Stock account 10,000
  • Cr Capital Paid-in Excess of Par Value (Preferred Stock) account 11,801

3 0
3 years ago
Other questions:
  • Real property subject to a lien is referred to as:
    13·1 answer
  • Social capital facilitates _______________. a. how the organization will spend its money b. the decision of whether to adopt a n
    13·1 answer
  • The database contains three tables containing information about this company's sales process: Inventory, Sales and Salesitems. U
    10·1 answer
  • Fifteen percent of the students in a school of Business Administration are majoring in Economics, 20% in Finance, 35% in Managem
    12·1 answer
  • Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000
    5·1 answer
  • Describe what happens in each stage of a groups development according to tuckmans five-stage model. what are the leadership requ
    10·1 answer
  • Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters
    15·1 answer
  • A sale should always satisfy both a customer’s wants and his or her needs.<br><br> True<br> False
    6·2 answers
  • ________ is an inventory management system that delivers less merchandise on a more frequent basis than in traditional inventory
    13·1 answer
  • Azzura is comparing different cars and believes that the sedan has a better mix of benefits in relation to price than the sports
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!