Answer:
The answer is: Angelica and Celeste lose their personal assets as the result of their company's financial problems.
Explanation:
The advantages of a general partnership are:
- Each partner files the profits or losses of the business on his or her own personal income tax return.
- This way the business does not get taxed separately.
- Easy to establish.
Some of the disadvantages are:
- <u>Partners share unlimited personal liability with respect to debts, obligations, contracts, torts, potential lawsuits, etc. </u>
- A partner cannot transfer interest in the partnership without the unanimous consent of the partners.
Answer:
$ 2,043.14
Explanation:
The shelf price for the two items are $924.95 and $12, 695.95
The total price for both will be
=924.95 + 12, 695.95
=$13, 620.9
A 15% discount on both equals to 15/100 x 13,620.9
=0.15 x 13,620.9
=2,043.135
=$ 2,043.14
Answer:
Consider the following explanation
Explanation:
I imagine that the social cultural measurement that can clarify this circumstance and how it played out is decisiveness. I imagine that emphaticness was utilized and can help this clarification since confidence is characterized as "managing the level of encounter and straightforwardness that is fitting and beneficial."
Now to China and Bo Chen, this could have come as being commonplace since they have a low-decisiveness culture contrasted with different nations. At the point when Judith calls him "Bo" rather than "Mr. Chen" it can be clarified as an indication of ease and put stock in originating from Judith. Individuals and societies with low confidence frequently utilize delicate and lovely dialect and stress correspondence and utilize agreeable dialect, for example, they did here.
The best social measurement & cultural dimension that best clarifies this circumstance is future introduction (FO). Future introduction is characterized as "includes how much societies will forfeit current needs to accomplish future needs."
For this particular circumstance, the organization Judith works for is seeking after a long haul association with Bo Chen's organization (Shunde Manufacturing Company). In doing as such, she needs to wind up versatile and trusted by Chen's organization, so the toast is an indication of regard despite the fact that her primary objective is to get serious, this a stage in traveling that way.
Answer:
$158,730
Explanation:
Mario incoporation started the year with a net fixed assets of $75,300
At the end of the year the net fixed assets was $96,700
The depreciation expense is $13,270
Therefore the company's net capital spending for the year can be calculated as follows
= $96,700+$75,300-$13,270
= $172,000 - $13,270
= $158,730
Hence the company's net capital spending for the year is $158,730
Answer:
c) 3.28.
Explanation:
Computation for the company's inventory turnover for Year 2.
Using this formula
Inventory Turnover = Cost of Goods Sold / Average Inventory
Let plug in the formula
Inventory Turnover=$390,000/[($121,000+ $117,000)/2]
Inventory Turnover=$390,000/$238,000/2
Inventory Turnover=$390,000/119,000
Inventory Turnover=3.277
Inventory Turnover= 3.28 (Appropriately)
Therefore the company's inventory turnover for Year 2 is 3.28
