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I am Lyosha [343]
2 years ago
8

.Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. Rhonda does not plan to work in the pa

rtnership, nor does she wish to risk any of her own wealth other than the $16,000 she invests, but she does intend to share in any profits earned by the partnership. Evidently, Rhonda will be a: 1) restricted partner. 2) preferred stockholder. 3) secondary partner. 4) limited partner
Business
1 answer:
Elena-2011 [213]2 years ago
3 0

Answer:

The correct answer is option 4.

Explanation:

Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. she does not plan to work in partnership or invest any of her wealth other than $16,00. But she intends on sharing profits. This implies that Rhonda is a limited partner in the business.

A limited partner is a partial owner of a business. His/her liability to the business's debts is limited to the extent of the amount he/she has invested in the business. Such partners are often called silent partners as they don't have any involvement in the day to day operations.

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A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t
kotegsom [21]

Answer: (1) 700 pizzas

(2) Its revenue increases by $2600.

Explanation:

Given that,

price elasticity of demand for his pizza = -4

Percentage change in price = 10%

Initial Quantity,Q_{0} = 500 Pizzas

Elasticity of demand = \frac{Percentage\ change\ in\ quantity }{Percentage\ change\ in\ price }

-4 = \frac{Percentage\ change\ in\ quantity }{0.1 }

\frac{Percentage\ change\ in\ quantity } = -4 × 0.1

\frac{Q_{1}-Q_{0}}{Q_{0}} = 0.4

\frac{Q_{1}-500}{500} = 0.4

∴ Q_{1} = 700

Initial price, P_{0} = $20

Changed price, P_{1} = $18

Revenue at t = 0

P_{0} Q_{0} = 500 × 20 =$10000

Revenue at t = 1

P_{1} Q_{1} = 700 × 18 = $12600

Therefore, from the above calculations it was seen that his revenue increases by ($12600 - $10000)= $2600 and its sales increases to 700.

8 0
2 years ago
Which of the following would shift the supply curve for roses to the right? a. Valentine’s Day is approaching, and everyone want
tia_tia [17]

Answer:

b. There is a fall in the wages paid to workers that grow roses.

Explanation:

A shift to the right in the supply curve means that the supply of roses increased the quantity of roses at the same price. This is only possible is a change in the cost structured improved the capacity of production of roses at the same use of resources. With a fall in salaries of workers is possible to hire more workers and increase the offer of total roses at a same level of previous cost

7 0
2 years ago
At a production level of 5,150 units, a project has total cash costs of $130,789. The variable cost per unit is $11.07, and the
Sphinxa [80]

Answer:

d. $73,778.50

Explanation:

Variable Cost = $11.07 per unit x 5,150 units = $57,010.50

Total Cost = $130,789

Fixed Cost = Total Cost - Variable Cost

Fixed Cost = $130,789 - $57,010.50

Fixed Cost = $73,778.50

Since Depreciation is the Fixed Cost and we have been given the Total Cost of the Project, so the Depreciation is already included in the Fixed Cost.

Hence Total Fixed Cost is equal to $73,778.50.

3 0
2 years ago
John, a line supervisor, has decided to increase Kerry's responsibilities by delegating more work to her station. what is the fi
melomori [17]
<h2>Clarify the assignment would be the first step john should take to increase Kerry's responsibilities.</h2>

Explanation:

Option A: If a new work is assigned or an additional work is assigned, it is necessary to first explain about the new responsibility and clarify about the assignment. This would ensure Kerry to continue the work smoothly.

Option B: Feedback is always welcome but this is not the first step to add responsibilities.

Option C: Notifying others is the responsibility of John and not Kerry. So this choice is invalid.

Option D: Accountability though it is mandatory comes only in the closure part.

7 0
2 years ago
The following items appeared in the year-end trial balance for the Brown Coffee Company: Debits Credits Revenues $ 600,000 Oper
alexgriva [62]

Answer:

What amount should be reported in the company's income statement as income from continuing operations?

$54000

Explanation:

revenue                           600000

Operating expenses  -420000

Interest expense           -20000

gain on sale of investments 30000

restructuirng cost              -100000

Income                                90000

Tax rate                                   40%

tax expense                     36000

Net income                 54000

6 0
2 years ago
Read 2 more answers
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