Common ownership, mutual profits, and also losses, and right to take part in management.

You are watching: According to the uniform partnership act, the three key elements of any general partnership are

Explanation:

Partnership can be defined as a kind of business plan between two or an ext persons. These individuals participate in the monitoring of the organization and likewise share the profits.

General partnership deserve to be identified as an agreement between two or much more individuals to participate jointly in the day come day management of the organisation. Basic partnership space easy and also less expensive come establish. The financial obligation of the service is mutual equally amongst the partners.


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Safety stock is inventory organized to guard against uncertainty. True or False
eimsori <14>

surfacetoairnewyork.com: True

Explanation:

safety stock is a certain level the inventory set by the inventory/store manager that the inventory must not go listed below in stimulate to aid the agency never to operation out of products in your inventory. The target of security stock is come ensure the a company"s perform would never ever be empty and likewise so that any kind of given point buyers can constantly purchase commodities from the agency


3 0
10 month ago
Read 2 much more surfacetoairnewyork.coms

In the long run a agency that produces and sells popcorn incurs complete costs of $1,050 as soon as output is 90 canisters and $1,200 wh
natita <175>

surfacetoairnewyork.com:

Economies that Scale

Explanation:

Average complete cost(ATC) ad to full cost incurred per unit of calculation produced.

ATC in ~ level of 90 canisters = $1050/90 canisters = $ 11.67 per canister

ATC at level the 120 canisters= $1200/120 canisters = $10 per canister

As deserve to be seen, the average full cost has actually reduced.

Economies the scale is characterized as the phenomena when in the lengthy run, average full cost reduces together with an rise in the output.

The reasons attributable come this phenomena being, boost in labor performance and better utilization of sources coupled with mass quantity of input purchased in ~ a lower cost, which lowers the price of manufacturing in the long run.


3 0
7 months ago

The ascendancy of 70 uses in any kind of growth-rate application. Stop say you have actually $2000.00 in savings and also you have three alternatives fo
vekshin1

surfacetoairnewyork.com:

(a)70 years

(b)23.33 years

(c)8.75 years

Explanation:

According to the ascendancy of 70, for a given interest price x, funds dual in

*
years.

(a)For a save account earning 1% attention per year,

The variety of years it will take the fund to double=

*
=70 years

(b)For a U.S. Treasury shortcut mutual money earning 3% attention per year.

The variety of years it will take the fund to double=

*
=23.33 years

(c)For a stock sector mutual money earning 8% attention per year.

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The variety of years it will certainly take the fund to double=

*
=8.75 years


3 0
5 month ago

How can Jordan use price policy?​
valentina_108 <34>

Jordan"s Underprices

If you discover a lower advertised price on the same merchandise under the very same terms and also conditions from another store-based retailer in ~ the local Retail trade Area, in ~ 30 work of purchase, Jordan"s Furniture will refund the difference.

Industry: Retail; Furniture


6 0
10 months ago

"Pep, Incorporated obtained 60% that Devin company on January 1, 2018. On that date, Devin sold tools to Pep for $45,000. ~ above t
contact <7>

surfacetoairnewyork.com:

The lot of earnings from invest in Devin for 2018 is $184,800

Explanation:

According to the offered data Net earnings reported by Devin for 2018 is$300,000

To calculate the amount of revenue from invest in Devin because that 2018 first we have to calculate the total Income native Devin because that 2018 as follows:

The lose on sale of Equipment= $120,000-$66,000-$45,000=$9,000

Difference in Dep=($54,000/9)-($45,000/9)=$1000

Therefore, complete Income indigenous Devin because that 2018=$300,000+$9,000-$1000

Total revenue from Devin for 2018=$308,000

Therefore, income from Devin report on Pepe"s publications for 2018= $308,000*60%

Income from Devin reported on Pepe"s publications for 2018= $184,800


3 0
9 month ago
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