An ordinary partnership and a private limited company are distinct business entities with key differences. An ordinary partnership involves a contractual relationship between two or more individuals who share profits and liabilities, while a private limited company is a separate legal entity owned by shareholders with limited liability.
An ordinary partnership is a business structure where two or more individuals come together to carry out a business venture. They share profits, losses, and liabilities based on their agreed-upon partnership agreement. Partners in a partnership have unlimited liability, meaning their personal assets can be used to settle business debts. Partnerships are relatively easy and cost-effective to establish, but they lack separate legal status.
On the other hand, a private limited company is a separate legal entity distinct from its shareholders. It is incorporated under the relevant company laws and operates with limited liability, meaning shareholders' personal assets are generally protected from the company's debts. A private limited company must have at least one director and shareholder, and it is required to maintain certain statutory records and comply with legal and regulatory obligations. Private limited companies have more formalities and governance requirements compared to partnerships but offer advantages such as limited liability protection and potential for growth and scalability.
Overall, the main distinctions between an ordinary partnership and a private limited company lie in their legal status, liability of owners, and regulatory requirements.
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What is a transaction that has not been processed yet by a financial
institution?
An annual transaction
An overdraft transaction
An insured transaction
A pending transaction
A pending transaction that has not been processed yet by a financial
institution.
Transaction which haven't been completely executed yet are referred to as pending transactions.
The transaction would no keep showing a delayed description available on the internet or via mobile banking after the bank delivers the business the money due, and it will be done accordingly or posted.
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Answer:
d pending transaction
Explanation:
Putting money into more than one kind of investment at a time is called liquidity. sunken cost. diversification. compound interest.
Answer:
diversification
Putting money into more than one kind of investment at a time is called diversification.
What is diversification?Diversification is the process of investing in diverse opportunities so as to reduce non-systemic risks. For example, if a person buys the stock of a health care company, in order to diversify, the person might invest in the stocks of an automobile company.
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If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.
Based on the planned budget revenue, the flexible budget revenue for 4,500 units will be $108,000.
What is the flexible budget revenue?First find the selling price under the planned budget:
= 120,000 / 5,000
= $24
The flexible budget revenue will be:
= 24 x 4,500 units
= $108,000
In conclusion, the flexible budget revenue is $108,000.
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The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its _____________ and its ____________________.
The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its potential GDP and its natural rate of unemployment.
What is known as macroeconomics?In economics, this is a branch that deals with the performance, structure, behavior etc of an economy as a whole. For instance, a macroeconomics involves using interest rates, taxes and government spending to regulate an economy’s growth and stability.
On the macroeconomics, the neoclassical perspective holds that in the long run, the economy will have to fluctuate around its potential GDP and its natural rate of unemployment. Therefore, the answers are as underlined in the main answers.
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Brie just created the blueprint of a deck using her computer software. She then sent the design to Gunther, who estimated the total cost of wood, hardware, and other materials that might be used. The plans were then sent to Justin, who ordered the supplies and did the physical labor. Which best describes the jobs of each individual based on the tasks performed?Brie works in Maintenance, Gunther works in Construction, and Justin works in Design/Pre-Construction.
Brie works in Design/Pre-Construction, Gunther works in Construction, and Justin works in Maintenance.
Brie and Justin work in Construction, and Gunther works in Design/Pre-Construction.
Brie and Gunther work in Design/Pre-Construction, and Justin works in Construction.
Answer:
The answer is D
Explanation:
Answer:
Its D
Explanation:
true or false, Military spending changed a great deal in the 1970s.
Answer:
false
Explanation:
leading and lagging strategies involve accelarating payments from weak currency to strong currency countries and delaying inflows from strong currency to weak currency countries
Leading and lagging strategies are commonly used by businesses to manage their foreign currency risks.
Leading involves accelerating payments from a weaker currency to a stronger currency country, while lagging involves delaying inflows from a stronger currency to a weaker currency country. These strategies aim to take advantage of exchange rate fluctuations to maximize profits.
For example, a company may use leading to pay off debts in a weaker currency to avoid future currency devaluations. On the other hand, lagging can help companies hold onto their strong currency, allowing them to make larger investments or repay debts. These strategies require careful analysis and planning to ensure the best outcome for the company's financial stability and growth.
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What is the average salary for a person living in texas.
Answer:
Texas' average annual wages were $57,382
jones buys a lot that has no access by way of a public road. he can gain access to his land by way of his neighbor's land that has public road access select one: a. only if the grantor of the property caused the lot to be landlocked. b. only if his neighbor agrees to give him an easement. c. only by establishing an easement by prescription. d. either if the grantor of the property caused the lot to be landlocked or if his neighbor agrees to give him an easement.
Jones can access his land through a neighbor's public road access if the grantor caused the lot to be landlocked or if the neighbor agrees to grant an easement. so the correct answer is an option (d).
In this scenario, Jones's lot has no access by way of a public road. However, he can still gain access to his land by utilizing his neighbor's land which has public road access.
There are two possible ways for Jones to achieve this.
Firstly, if the grantor of the property intentionally caused the lot to be landlocked, Jones may have legal recourse to obtain an easement.
This could be due to an oversight or intentional action by the grantor that prevents Jones from accessing his land. In such cases, Jones may be entitled to an easement to gain access through his neighbor's land.
Secondly, if Jones's neighbor agrees to provide him with an easement, granting him permission to use their land for access, Jones can also gain access to his lot.
This would require the neighbor's consent and the establishment of a legally binding easement agreement.
Therefore, the correct option is d: either if the grantor of the property caused the lot to be landlocked or if his neighbor agrees to give him an easement.
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假設你目前正經營一項事業,你預計將在海外開設一個營運據點。 1. 請自行設定你的事業內容,並予以說明。 2. 請自行設定你預計在海外何處開設營運據點,以及營運據點的功能為何(如負責銷售或生產)。請說明你的設定,以及解釋為何選擇在該國設置據點。 3. 請蒐集資料分析在你所選擇的國家設置營運據點,在營運時,可能需要注意的政治風險有哪些,對你的事業可能會產生什麼樣的影響? ※政治風險包含的層面很廣,包含當地政府對於資金匯回的管制、匯兌管制、對污染及勞工權益的態度、對外國企業的額外賦稅規定、當地消費者的態度(如傾向於買國貨)、當地政府的運作不效率或腐敗,以及戰爭等。
the question is
Suppose you are currently running a business and you expect to open an operating base overseas. 1. Please set your own business content and explain it. 2. Please set yourself where you plan to open an operation base overseas and what the functions of the operation base are (such as responsible for sales or production). Please explain your settings and explain why you chose to set up a base in this country. 3. Please collect data and analyze the establishment of an operating base in the country of your choice. What are the political risks that you may need to pay attention to when operating, and what impact may it have on your business? ※Political risks include a wide range of levels, including local government's control of fund repatriation, exchange control, attitudes to pollution and labor rights, additional tax regulations for foreign companies, and local consumers' attitudes (such as tending to buy domestic products) , Inefficiency or corruption of local government operations, and wars.
All else equal, long-term bonds have less price risk than short-term bonds. b. All else equal, low-coupon bonds have less price risk than high-coupon bonds. c. All else equal, long-term bonds have less reinvestment risk than short-term bonds. d. All else equal, short-term bonds have less reinvestment risk than long-term bonds. e. All else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds.
Answer:
c. All else equal, long-term bonds have less reinvestment risk than short-term bonds.
Explanation:
Bond is a financial obligation that runs for at least five and much longer time peroid. They can be fixed, floating and exchangeable bonds.cathfoods will release a new range of candies which contain anti-oxidants. new equipment to manufacture the candy will cost $4million which will be depreciated by straight-line depreciation over six years. in addition, there will be $5million spent on promoting the new candy line. it is expected that the range of candies will bring in revenues of $6million per year for five years with production and support costs of $1.5 million per year. if cathfoods' marginal tax rate is 35%, what are the incremental earnings in the second year of this project?
The incremental earnings in the second year of this project is 2.492 million.
The margin by which the company's profits are anticipated. is referred to as incremental earnings, and it occurs as a result of the investment choice.
What does incremental gain or loss mean?Incremental profit is the gain or loss attributable to a particular managerial choice, such as a novel advertising approach. If you haven't made any significant changes to your company, you might not need to examine incremental profit since it is used to evaluate the success of marketing initiatives.
The financial increase or loss resulting from a particular managerial move is known as incremental profit. As long as incremental profit is positive, total profit rises. Total profit decreases when incremental profit is negative.
Depreciation=4/6=$0.66666667 million;
earnings before tax = $6 - $1.5 - $0.66666667
= $3.83333333 million;
earnings after tax = $3.83333333 × 0.65
= $2.492 million
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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does bank accounts last forever?
Answer:no they don’t
Explanation:
they will become dormant after 24 months
Techniques to increase productivity in the performance of discrete tasks, by requiring less human labor in each step of the production process, are widely utilized. Consultants on productivity enhancement point out, however, that although these techniques achieve their specific goal, they are not without drawbacks. They often instill enough resentment in the workforce eventually to lead to a slowdown in the production process as a whole.
Which of the following can be reasonably inferred from the statements above?
A. Productivity enhancement techniques do not attain their intended purpose and should not be employed in the workplace.
B. The fact that productivity enhancement techniques are so widely employed has led to a decline in the ability of American businesses to compete abroad.
C. If productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result.
D. Ironically, an increase in the productivity of discrete tasks may result in a decrease in the productivity of the whole production process.
E. Production managers are dissatisfied with the efforts that productivity enhancement consultants have made to increase productivity.
The reasonably inferred from the statement can be if productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result. Thus, the correct option is (C).
Productivity tactics are ways that assist you get into productive flow states, allowing you to cut to quality with minimal effort. Most productivity tactics are based on behavioral science and are designed to take advantage of how your brain operates.
Capital productivity, material productivity, labor productivity, and total factor productivity are the four main forms of productivity measurements.
Productivity in the service industry may be measured by the number of jobs completed or clients serviced in a particular time period.
Other indicators include whether the service provided matched corporate or customer requirements and whether performance deadlines were fulfilled.
Therefore, the correct option is "C".
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what is marketing
please answer if u know,i will mark brainiest
Answer:
Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.
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2. Which of the following statements about taxes
is true?
a. Only the federal government has the right
to tax a person's income.
b. Any taxes collected by the government
are returned to the person when she files
her income tax return.
C. Taxes are the major source of revenue for
the government.
d. Taxes can only be taken out of a person's
income when she has a full-time job.
Answer:
C. Taxes are the major source of revenue for
the government.
Explanation:
The government imposes taxes on incomes, goods and services sold, imports, and other items to raise money to finance its operations. Therefore, taxes are a source of revenue for the government.
The government also engages in other revenue-generating activities such as trade through state-owned corporations. As a composition of total revenue collected, taxes are the biggest contributor to government revenues.
After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least ____ feet.
Answer: After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least __4__ feet.
After buying some lumber from a local home supply store, we need to attach a red flag from the end of the lumber because it is hanging out behind my vehicle at least 4 feet.
What is lumber?Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. It is mainly used for construction framing, as well as finishing floors, wall panels, and window frames.
Lumber is not only used not only for building homes but also for many other reasons. Lumber is sometimes referred to as in England, while in most parts of the world especially in the United States and Canada the term timber refers specifically to unprocessed wood fibre, such as cut logs or standing trees that have yet to be cut.
Rough lumber is the raw material for furniture-making and the manufacture of other items requiring cutting and shaping.
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Consider five individuals with different occupations. Allen prepares taxes wants ribs Betty does dry cleaning wants computer fixed Calvin fixes computers wants bread Diedre bakes bread wants taxes prepared Eric barbecues ribs wants dry cleaning If this economy has money a. Allen will buy from Betty b. Betty will buy from Calvin c. Eric will buy from Allen d. None of the above are correct.
Answer:
D. None of the above are correct.
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
A ________ is someone who analyzes multiple, disparate data sources in order to discover insights that will provide a competitive advantage.
Which of the following is an example of secondary research?
test marketing
internal capabilities
news release
focus group
Answer:
news release
Explanation:
Secondary research uses already existing data in the study instead of collecting primary data. It is the use of material already published in research reports and similar documents. Secondary research involves gathering data from public libraries, websites, newspapers, archives, schools and organizational reports, and government agencies.
Secondary research is the same as desk research as the researcher does not collect first-hand data from the field.
Next → Post Test: Electronic Correspondence and Digital Media
16
customers.
Select the correct answer from the drop-down menu.
A furniture store has uploaded pictures of its products to advertise them on its social networking page. What is the purpose of this post?
The purpose of this post is to
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Reader
The purpose of the post by the furniture store which uploaded pictures of its products to advertise them on its social networking page is to advertise their products.
Why do companies upload product photos to social media?The reasons why a company such as the furniture store would upload the photos of its products to their social media page is to advertise them.
Social media has access to a lot of people and so when the furniture store uploads pictures, it leads to more people learning about their products.
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Answer:
The answer is Persuade I got it right on the test.
on december 31, 2021, the ledger of hunter company contained the following account balances: cash $ 33,000 jessica hunter, drawing $ 26,000 accounts receivable 2,900 fees income 53,750 supplies 2,100 depreciation expense 2,750 equipment 26,000 salaries expense 17,000 accumulated depreciation 2,500 supplies expense 3,000 accounts payable 3,000 telephone expense 2,600 jessica hunter, capital 60,750 utilities expense 4,650 all the accounts have normal balances.
Based on the account balances of Hunter Company, the closing entry for revenue and expenses are shown below:
Date General Journal Debit Credit
Dec. 31 2021 Fees income $53,750
Income summary $53,750
Date General Journal Debit Credit
Dec. 31 2021 Income summary $30,000
Depreciation expense $2,750
Salaries expense $17,000
Supplies expense $3,000
Telephone expense $2,600
Utilities expense $4,650
How to make the closing entries?Closing entries aim to close off temporary accounts such as revenue and expenses. To close off the revenue account, the fees income account for service companies is debited by the income summary account.
The various expense accounts would then be sent to the income summary account. This happens why debiting those expense accounts and then crediting the income summary account.
In conclusion, expenses and revenue are closed to the income summary account.
Rest of the question is:
Record the closing entry for revenue and expenses.
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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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The desire to own and operate a business is the ______ step in entrepreneurship.
The desire to own and operate a business is the first step in entrepreneurship.
Entrepreneurship refers to the process of starting, managing, and growing a new business venture. It involves identifying opportunities, taking risks, and creating innovative solutions to meet market demands. The desire to own and operate a business is the initial spark that motivates individuals to pursue entrepreneurship.
Before any entrepreneurial journey can begin, an individual must first possess the desire or aspiration to start their own business. This desire typically stems from various factors such as personal passion, independence, financial aspirations, or a desire to solve a specific problem in the market.
The desire to own and operate a business serves as the foundation for all subsequent steps in the entrepreneurial process. It is the driving force that fuels the determination, resilience, and dedication required to overcome challenges and build a successful business.
Once the desire is established, entrepreneurs can move on to the subsequent steps, such as conducting market research, developing a business plan, securing funding, assembling a team, and launching the business. However, without the initial desire to become an entrepreneur, none of these steps would be set into motion.
In conclusion, the desire to own and operate a business is the crucial first step in the entrepreneurial journey. It sets the stage for the subsequent actions and decisions that entrepreneurs undertake to turn their dreams into reality.
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Pls help Which of the following is not an example of in-kind assistance? (1 point)
Low Income Home Energy Assistance Program
O
National School Lunch Program
O
Social Security income
Supplemental Nutrition Assistance Program
Answer:
The Answer is Social Security income
Explanation:
I know this is correct because I just finished the quick check this question was in.
Social Security income is an example of in-kind assistance as in this program the government supports the low-income people and the people with major disabilities.
What is in-kind assistance?
When someone is receiving in-kind support when one offers other a service, supplies, or free assistance. In-kind support is when another group provides free office equipment or meeting space.
The use of a company car or van, private medical insurance paid for by the employer, and the employer helping the employee to transfer the work are examples of in-kind assistance.
Thus, Social Security income is the not correct option for in-kind assistance.
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(1) An S corporation must possess which of the following characteristics?
a. Not more than one hundred shareholders.b. Corporation organized in the U.S.c. Only one class of stock.d. All of the above are required of an S corporation.e. None of the above are required of an S corporation.
An S corporation is prohibited from going public and is only permitted to have 100 shareholders, which restricts its ability to raise money from new investors.
Thus, the correct option is A.
What is S corporation?A business form known as a S corporation is one that is allowed by the tax code to distribute its taxable income, credits, deductions, and losses to its shareholders directly.
This provides it certain advantages over the more popular C corp. The S corp, an alternative to the limited liability company, is only available to small firms with 100 or fewer stockholders (LLC).
S corporations and LLCs are both referred to as "pass-through entities" because they don't pay corporate taxes; instead, they pay their shareholders, who are then in charge of paying the necessary taxes.
The Internal Revenue Code's Subchapter S, which they have chosen to be taxed under, gives S corporations their name.
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In 2-5 paragraphs, describe how you plan to use at least one technology you learned about in the course in order to work more effectively and productively.
I will use one the technology to boast my work output so that i can be more efficient in my business dealings and boast productivity.
What is the role of technology?The use of technology is one that has helped a lot of business professionals to be more and more efficient in their work output.
Therefore, I will use one the technology to boast my work output so that i can be more efficient in my business dealings and boast productivity as it also helps to keep employee information safe.
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A purely competitive wheat farmer can sell any wheat he grows for $10 per bushel. His five acres of land show diminishing returns because some are better suited for wheat production than others. The first acre can produce 1,000 bushels of wheat, the second acre 900, the third 800, and so on. (Draw a table with multiple columns to help you answer the following questions.)
1. How many bushels will each of the farmer's five acres produce?
2. How much revenue will each acre generate? What are the TR and MR for each acre?
3. If the marginal cost of planting and harvesting an acre is $7,000 per acre for each of the five acres, how many acres should the farmer plant and harvest?
a) Each of the famers will grow 1000, 900, 800, 700, 600 respectively. b) The revenue will be from $10,000 to $6,000 and TR - MR will from $10,000 to $40,000 and $10,000 to $6,000 respectively. c) Four acres.
Table of Bushels per Acre:
| Acre | Bushels |
|------|---------|
| 1 | 1,000 |
| 2 | 900 |
| 3 | 800 |
| 4 | 700 |
| 5 | 600 |
Revenue and TR/MR per Acre:
For the first acre, the revenue would be $10,000 (1,000 bushels x $10 per bushel). For the second acre, the revenue would be $9,000 (900 bushels x $10 per bushel), and so on. Therefore, the revenue generated by each acre would be:
Acre Revenue TR MR
1 $10,000 $10,000 $10,000
2 $9,000 $19,000 $9,000
3 $8,000 $27,000 $8,000
4 $7,000 $34,000 $7,000
5 $6,000 $40,000 $6,000
To determine how many acres the farmer should plant and harvest, we need to compare the marginal cost (MC) and marginal revenue (MR) of producing each additional acre. The marginal cost of planting and harvesting an acre is $7,000 per acre for each of the five acres.
Acre MC MR
1 $7,000 $10,000
2 $7,000 $9,000
3 $7,000 $8,000
4 $7,000 $7,000
5 $7,000 $6,000
As we can see from the table, the marginal revenue for each additional acre is decreasing while the marginal cost of producing each additional acre is constant at $7,000. Therefore, the farmer should plant and harvest four acres to maximize profits. This is because the marginal revenue of the fifth acre is less than its marginal cost, so planting and harvesting it would lead to a net loss for the farmer.
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