Feedback helps your team avoid major mistakes.
By creating a clear and honest communication flow during any kind of teamwork, it saves you the time of correcting someone's work, reduces errors caused by miscommunication to a minimum, and prevents regrets of those who feel like they failed.
three brothers operating a business where the action of one brother is binding on the other two brothers
what type of business organization is this?
Considering the situation above, the type of business organization is "General Partnership."
This is because General Partnership, like other types of partnership in the business organization, usually involves a minimum of two people and a maximum of fifty people.
In the general partnership arrangement, all partners have independent authority to bind the business to agreements and loans and are equally liable to debts and legal obligations.
Given that the action of one brother is binding on the other two brothers, this is a form of General Partnership.
Other types of the partnership include the following:
Limited partnershipLimited liability partnershipLimited liability limited partnership.Hence, in this case, it is concluded that the correct answer is General Partnership.
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In January 2020, Ford Co. purchased a patent from a research institution for $400,000. The patent was estimated to have a useful life of 12 years. In December 2021, Ford Co. defended the patent in legal proceedings and successfully retained rights of ownership of the patent. The estimated life of the patent did not change from its original estimate. Legal expenses were $32,000. Determine the carrying value of the patent on December 31, 2021. Note: Carry all decimals in calculations; round the final answer to the nearest dollar
The carrying value of Ford Co.'s patent on December 31, 2021, is equal to $362,424.
Data and Calculations:
Cost of patent purchased in January 2020 = $400,000
Estimated useful life = 12 years
Annual amortization expense = $33,333.33 ($400,000/12)
Accumulated Amortization on December 31, 2020 = $33,333.33
Carrying value on December 31, 2020 = $366,666.67 ($400,000 - $33,333.33)
Capitalized legal expenses to defense title = $32,000
New value of patent = $398,666.67 ($366,666.67 + $32,000)
Remaining useful life of patent = 11 years
New annual amortization expense = $36,242.42 ($398,666.67/11)
Carrying value of patent on December 31, 2021 = $362,424.25 ($366,666.67 - $36,242.42)
Therefore, the accumulated Amortization on Dec. 31, 2021 is $69,575.75 ($33,333.33 + $36,242.42).
Thus, the carrying value of Ford Co.'s patent on December 31, 2021 is equal to $362,424.25 ($400,000 + $32,000 - $69,575.75).
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Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as
Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia
An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity
Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.
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Something that serves as a model for others to copy is a
Nick invested $2,000 in a bank savings account today and another $2000 a year from now. If the bank pays interest of 10 percent per year, how much money will Nick have at the end of two years
Answer:
$4,620
Future value of two cash flows = [PV × (1 + i)2]+ [PV × (1 + i)] = [$2,000 × (1 + 0.10)2] + [$2,000 × (1 + 0.10)] = [$2,000 × (1.10)2] + [$2,000 × (1.10)] = [$2,000 × 1.21]+ [$2,000 × 1.10] = $2,420 + $2,200 = $4,620
Explanation:
A mountain bike is priced at $413. If the sales tax is 6. 5 percent, what is the cost to purchase the mountain bike? Round to the nearest cent if necessary. $26. 85 $28. 91 $437. 78 $439. 85.
Answer:
A
Explanation:
A. the answer to this question
An increase in accounts receivable will result in a(n) ______ in cash from sales revenue when using the direct method to determine cash flows from operations.
When using the direct method for cash flows, one will notice that an increase in accounts receivable would result in a DECREASE in cash.
When an accounts receivable increases:
It means that more debt has been incurred by debtors It means that less money entered into the company as people took goods but did not pay cash for themBecause the people did not pay cash for the goods yet took the goods, the company will see a reduction in its cash balance as the cash value of the goods left the company and there was no cash inflow from that activity.
In conclusion, an increase in accounts receivable leads to a decrease in cash.
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Jake receives a promotion at his law firm after winning an important case. This is an example of a: Group of answer choices Positive informal sanction Negative informal sanction Positive formal sanction Negative formal sanction
Jake receives a promotion at his law firm after winning an important case. This is an example of a positive formal sanction.
Positive sanctions include celebration, praise, social recognition, congratulations, approval, social promotion, bonuses, awards, titles, prizes, etc.
In this case, since Jake receives a promotion at his law firm after winning an important case, it's an example of a positive formal sanction.
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Answer:
Positive Formal Sanction
Explanation:
which act governors partnership firm??
Answer:
Partnership firms in India are governed and regulated by the Indian Partnership Act, 1932. Partners are the individuals that join together to form a partnership firm. A contract between the partners establishes the partnership firm.
Explanation:
Statistics derived from national income accounting
A. form the basis for business accounting systems.
B. are useful to assess the health of an economy and formulate policies to maintain and improve that health.
C. are valuable for assessing economic health at a point in time but are less useful for comparisons over time.
D. change frequently and therefore are limited in their usefulness.
Answer:
B - are useful to assess the health of an economy and formulate policies to maintain and improve that health.
Explanation:
easy
In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $1,500 (airfare), $200 per day (meals at local restaurants), and $400 per night (lodging). Because Kortney stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Kortney's deductions for the following expenses.
Based on the information given Kortney's deductions are:
a. Airfare $1,050
b. Meals $700
c. Lodging $2,000
Kortney's deductions
a. Airfare deduction
Total number of Business day=5days+2days
Total number of Business day=7 days
Airflare= $1,500×7days/10days
Airfare=$1,050
b. Meals deduction
Meals=($200×7 days)×50%
Meals=$700
c. Lodging deduction
Lodging=$400×5 days
Lodging=$2,000
Inconclusion Kortney's deductions are: Airfare $1,050 ; Meals $700 ; Lodging $2,000.
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True or false: The key to success for companies in a capitalist economy is to remain inflexible during times of change.
It is false that the key to success for companies in a capitalist economy is to remain inflexible during times of change.
This is because times of change often involve changes in technology or customers' tastes. Any company that refuses to yield to change in technology or consumer taste risks the chance of remaining stagnant in the market.
Not only that, when a company remains inflexible during times of change, such a company tends to lose many customers.
For example, the failure of Nokia to use android early in its mobile phone product due to technological change cost them losing many customers.
Hence, in this case, it is concluded that the correct answer is False.
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A cell phone manufacturer uses a famous pop singer to advertise its product to teenagers. The company is relying on _____ route persuasion.
Eva currently owes $21,000 on a student loan and two credit cards. The total
amount owed is considered
O A. debt
B. credit
C. interest
D. collateral
Answer: a dept
Explanation:
Frusciante, Inc. , has 290,000 bonds outstanding. The bonds have a par value of $1,000, a coupon rate of 7 percent paid semiannually, and 8 years to maturity. The current YTM on the bonds is 7. 5 percent. The company also has 10 million shares of stock outstanding, with a market price of $23 per share. What is the company’s market value debtâ€"equity ratio?.
Frusciante, Inc.'s market value debt-equity ratio is 1.35.
Data and Calculations:
Outstanding bonds = 290,000
Bonds par value = $1,000
Outstanding bonds value = $290,000,000 (290,000 x$1,000)
Coupon interest rate = 7%
Maturity period = 8 years
Current YTM = 7.5%
Market price per bond = $1,071 ($1,000 x 7.5%/7%)
Market price of bonds = $310,590,000 ($1,071 x 290,000)
Outstanding common stock = 10 million shares
Market price per share = $23
Market value of common stock = $230 million ($23 x 10,000,000)
Market value debt-equity ratio = 1.35 ($310,590,000/$230,000,000)
Thus, Frusciante, Inc.'s market value debt-equity ratio is 1.35.
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When a product has gained a certain level of brand awareness, firms use _____ advertising to motivate consumers to take action.
When a product has gained a certain level of brand awareness, firms use persuasive advertising to motivate consumers to take action.
Persuasive advertising is the advertising modality dedicated mainly to convincing the public for a certain product or service by specifically appealing to their sensory, subjective or emotional factors.
It is the strategy in which the characteristics of a product or service are taken into account, conspicuously highlighted and used to achieve more sales.Persuasive advertising aims to convince the consumers to make the desired decision.Therefore, we can conclude that persuasive advertising is a strategy that focuses on showing the most attractive benefits and characteristics to the consumer and uses them to get more sales of the product.
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Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. What would its total cost be at a monthly volume of 250 units
Answer:
$250.000
hope full this answer
the new slide command on the ribbon lets you choose ________.
The New Slide command on the Ribbon lets you choose slide layouts.
Microsoft PowerPoint is a presentation program. Microsoft PowerPoint is used to create visual presentations of information using slides.
The menu Ribbon is used to accomplish several tasks in PowerPoint. It can be used to create a new slide, insert a picture or change the orientation of slides.
The New Slide command on the Ribbon lets you choose slide layouts.
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what is bankaccount
Answer:
Kung san mo Tatago pera mo
Explanation:
commonsense
New household appliances, automobiles, and __________ were goods popular among consumers of the 1920s. A. airplanes B. sailboats C. televisions D. radios
Answer:
I believe the answer is C and if the answer is wrong then my second best choice is D but im sure its C let me know!
Explanation:
Answer:
radios because people would need it 2 listen 2 music and other things
Explanation:
A developer buys a large tract of land and plans to develop several single family homes. To proceed, ______________ is needed.
primary costs to the company, such as payments to artists and staff who maintain the threadless website, come out of which budget?
The operating budget make provision for primary costs such as payments to artists and staff who maintain the website,
The operating budget refers a detailed projection of expenses, expected future costs, and fore-casted income over a period of time
This budget helps to make plans for the income and expense departments expected in the business,
In conclusion, the operating budget is the budget that make the provision described in the question.
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FIRST ANSWER GETS BRAINLIEST!!!!!!!
Bob has decided to start Investing. After dong his research, he has decided he wants to Invest in a safe Invest with guaranteed return. He Is going to buy
Shares
Mutual funds
Bonds
Answer:
bonds
Explanation:
What is it called when one power controlled the trade exports?
Explanation:
This is called colonization. It is not in order when one power controls the trade exports of another, Every individual and every given state has got power to transact its businesses at any time without being forced or discriminated by any of the systems in power.
Identify the statements that describe life before the nationalization of the American market during the market revolution. Correct Answer(s) Drag appropriate answer(s) here Americans lived only to the east of the Appalachian Mountains; the mountains provided a natural border between Anglo-Americans and native peoples. Press Space to open Cash was not widely distributed throughout the country and was utilized mainly in coastal cities. Many Americans bartered for what they needed. Press Space to open Most Americans lived isolated lives not much different from the lives of their colonial forebears. Press Space to open Many Americans were tasked with sustaining their own lives since consumer goods and services were not readily available to them. Press Space to open Most Americans lived nomadic lives, traveling from town-to-town in search of work
Considering the options available, the statements that describe life before the nationalization of the American market during the market revolution include "Many Americans bartered for what they needed."
Other statements that describe life before the nationalization of the American market during the market revolution are the following:
Many Americans were tasked with sustaining their own lives since consumer goods and services were not readily available. Cash was not widely distributed throughout the country and was utilized mainly in coastal cities. Most Americans lived isolated lives not much different from the lives of their colonial forebears.Hence, in this case, it is concluded that the correct answer is Options B, C, D, and E.
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net cash flows provided by operating activities will be ______ when using the direct method compared to the indirect method.
According to cash flow operation analysis, the net cash flows provided by operating activities will be the same when using the direct method compared to the indirect method.
Net Cash flows are used in business management to describe the profit or loss of capital in a given period.
Typically, a positive Net Cash Flows occurs when the is a surplus of cash after paying the expenses.
Hence, in this case, it is concluded that the correct answer is "the same."
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Cash flows from operating activities often shows the net amount of cash that was received or disbursed during a given period of time. Net cash flows provided by operating activities will be the same as when using the direct method compared to the indirect method.
The direct method is often use in calculating the flow that involves deducting from cash sales.Cash flow statements is simply defined as the statement that shows the cash receipts, cash payments and net changes in cash that takes place as a result of operating, investing, and financing activities in an accounting period.
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The sales interns of Nortrom Inc., an electronics company, call the company's potential clients and inform them about the company's various products and offers. In this scenario, the sales interns of Nortrom Inc. are engaged in _____.
Answer:
whys it taking so long to load bro
Explanation:
What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries? shifting consumer tastes overseas labor costs changing technologies aging populations.
Answer:c
Explanation:
A major factor in the decline of some occupations, such as those in the textiles and clothing industries is changing technologies. Thus option (C) is correct.
What is technology?Technology refers to the tools, systems, and processes that are designed and used to solve problems, improve efficiency, and facilitate communication and collaboration. It encompasses a wide range of fields and applications, from simple hand tools to advanced computer systems and software.
Technology has enabled advances in fields such as medicine, transportation, and energy, and has revolutionized industries such as entertainment, manufacturing, and finance.
The changing technologies is a major factor in the decline of some occupations, such as those in the textiles and clothing industries. Therefore, option (C) is correct.
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I Will give brain if u give one to me
Goods that are excludable include both A. club goods and public goods. B. public goods and common resources. C. common resources and private goods. D. private goods and club goods.
The goods that are excludable are private goods and club goods. The correct answer to this question is option D.
The club goods are those goods that can be artificially scarce. These goods are non rival in nature but the excludability is quite high.
Private goods on the other hands are those goods that have their usage and consumption restricted to only one person or group.
Such goods can only be used by one party.
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