when a partner is added to a partnership: the partnership equity always increases.the underlying business operations end.the underlying business operations must close and then re-open.the partnership must continue.a new partnership is formed.

Answers

Answer 1

When a partner is added to a partnership, the partnership equity always increases as the new partner brings in additional capital or assets.

In finance, equity is an ownership interest in property that may be offset by debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned.

The underlying business operations do not end, and the partnership does not have to close and then re-open. Instead, the partnership must continue with the new partner being added as a member.

This means that the partnership agreement may need to be amended to reflect the addition of the new partner, and the existing partners will need to determine how profits, losses, and responsibilities will be shared among the partners. A new partnership is not formed, but rather the existing partnership is expanded to include the new partner.

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Related Questions

QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit

Answers

Answer:

The answer would be b, determining tax deductions

Explanation:

All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.

describe the importance of section officer​

Answers

Answer:

Section officer are important to give and take the services , cater the services effectively , distribute work among the staff as evenly as possible , drafts laws , put up notes , prepare summaries , manage the relevant record and data of concerned department, reply to letters , communicate with other departments , maintain order and discipline in the section maintenance, etc

The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

Answers

Answer:

$65,980

Explanation:

Calculation for what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be

Using this formula

Cash disbursements for manufacturing overhead= Variable + Fixed

Let plug in the formula

Cash disbursements for manufacturing overhead=(3,300*$8) + ($43,170 - $3,590)

Cash disbursements for manufacturing overhead= $26,400 + $39,580

Cash disbursements for manufacturing overhead= $65,980

Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $65,980

We can hire the best economist in the country, give them enough resources to find the best point of production on a PPC. True False

Answers

False. Hiring the best economist and providing resources can help in analyzing production possibilities, but determining the best point on a production possibilities curve (PPC) involves trade-offs and subjective factors that go beyond expertise and resources.

While hiring the best economist in the country and allocating resources can contribute to analyzing production possibilities, identifying the "best" point on a production possibilities curve (PPC) is not solely dependent on their expertise and resources.

PPC illustrates the maximum combinations of two goods that can be produced with limited resources and technology  . Determining the optimal point on the PPC involves considering various factors such as consumer preferences, market demand, opportunity costs, efficiency, and external factors like government policies and technological advancements.

Even with the best economist and abundant resources, determining the "best" point on the PPC requires subjective judgments and trade-offs. It may involve considering factors like maximizing output, minimizing costs, achieving sustainability, or meeting specific goals and objectives. Different stakeholders may have different perspectives on what constitutes the "best" point on the PPC, based on their priorities and objectives.

, while economists and resources can contribute to analyzing production possibilities, the determination of the best point on a PPC involves subjective factors and trade-offs that go beyond expertise and resources alone.

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At the beginning of the day, stock XYZ opened at $4.25. At the end of the day,
it closed at $5.25. What is the rate of change of stock XYZ?

Answers

Answer:

23.53%

Explanation:

The actual change will be $5.25 minus $4.25

=$5.25 - $4.25

=$1

the percentage change will be

=1$/$4.25 x 100

=0.23529 x 100

=23.529

=23.53%

Can an overall strategy of Amazon be successful if it is counter to the belief of the culture? Why or why not?

Answers

If Amazon's overarching strategy is in line with customer needs and successfully handles employee involvement and adaptation, it can be successful even if it goes against the company's culture.

Can Amazon be Successful if it goes against its Culture?

Several facets contribute to Amazon's success, containing its customer-main attitude, strong focus on innovation, and functional efficiency. While culture is main in determining a company's method and activities, it is not exceptional for there to be differences between a company's education's views and its overall plan.

It is critical to admit that the effectiveness of a counter-educational strategy is contingent on the particular environment and conditions. Companies must painstakingly weigh the risks and rewards, examine the affect stakeholders, and actively control the transition to prevent problems.

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Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:______________

A. the same kinds of creative management talent and innovative thinking capabilities as crafting strategy.

B. a financially driven process aimed at squeezing the most profit out of conducting daily operations.

C. the efforts of a company's whole management team, not just a few senior managers

D. a high caliber CEO that possesses the business vision, industry and competitive analysis skills, and entrepreneurial creativity needed to navigate the competitive landscape.

E. less managerial expertise and effort to perform well, at least in comparison with crafting a winning strategy.

Answers

Answer: C. . the efforts of a company's whole management team, not just a few senior managers

Explanation:

Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.

How would you describe the dangers of debt to a friend?

Answers

Answer:

I would explain to them that the danger of debt. Can lead to credit going down. When you don’t pay your debt, and you get behind your credit can go down

Noriko analyzes ways to create and improve computer systems.
Boris helps people who are having difficulty using computers.
Lane writes code for operating systems.
Jewel tests software to identify problems.
Carla fixes and maintains databases.
Ignacio plans, organizes, and oversees information technology projects.

Answers

Answer:Brian uses ultrasound technology to create images of a patient’s liver and kidneys.

Nigel performs tests on a patient to get information about how his heart is working.

Krystal analyzes X-rays to determine whether a patient has a broken arm.

Explanation:

Answer:

A. B. F.

Explanation:

Edge

what is the income flow associated with labour?

Answers

Answer:

Explanation:

Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.

3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?

Answers

Answer:

$156

Explanation:

he old price per basket is $0.50 per basket

the new supplier has a price of $0.40 per basket

Savings per basket is $0.10 ($.50- $0.40)

The average sales per month are 130 baskets.

The average savings per months will be

=$0.10 x 130

=$13

yearly savings will be

=$13 x 12 months

=$156

Required information [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method.

Answers

To compute the number of equivalent units of production for direct materials and conversion using the weighted average method, we need the following information:

Units started and completed in April: This represents the number of units that were started and completed during the month. Let's denote this as X units.

Units in ending work in process (WIP) inventory: This represents the number of units that were partially completed but remained in process at the end of the month. Let's denote this as Y units.

Now, let's calculate the number of equivalent units of production:

Direct Materials: Equivalent units = Units started and completed in April + (Units in ending WIP inventory x Percentage completion for direct materials)

Conversion: Equivalent units = Units started and completed in April + (Units in ending WIP inventory x Percentage completion for conversion)

Since the specific values for units started and completed and units in ending WIP inventory are not provided in the given information, it is not possible to calculate the number of equivalent units using the weighted average method.

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Food stamps, Medicare, and Social Security
Which of the following are considered uncontrollable spending items in the federal budget?

Answers

Uncontrollable spending items in the federal budget refer to government expenditures that are determined by existing laws and are not subject to the annual budgeting process or discretionary spending decisions.

Of the options provided, Medicare and Social Security fall under this category. These programs are often called entitlements because people who meet certain eligibility requirements are entitled to receive benefits.

Social Security provides retirement, disability, and survivor benefits to eligible individuals, while Medicare is a health insurance program for people aged 65 and over, as well as for some younger people with disabilities. Both of these programs have been established by law, and changing them would require significant legislative action.

On the other hand, food stamps (or SNAP) is considered a discretionary spending item because Congress determines the amount of funding for the program each year through the appropriations process. This means that the amount of funding can be changed based on the priorities of the current Congress and administration.

Overall, uncontrollable spending items are an important part of the federal budget, and policymakers must carefully consider their long-term sustainability given the demographic changes underway in the United States.

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The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:

Answers

Answer:international trade: trade between individuals

Explanation:

I got it right

on january 1, 2021, penske acquired all of stanza’s outstanding stock for $914,000 fair value in cash and common stock. penske also paid $10,000 in stock issuance costs. at the date of acquisition, copyrights (with a six-year remaining life) have a $444,000 book value but a fair value of $618,000. as of december 31, 2021, what is the consolidated copyrights balance? for the year ending december 31, 2021, what is consolidated net income? as of december 31, 2021, what is the consolidated retained earnings balance? as of december 31, 2021, what is the consolidated balance to be reported for goodwill?

Answers

As of December 31, 2021, the consolidated balance for copyrights is $618,000. The consolidated net income for the year ending December 31, 2021, is not provided in the given information.

The consolidated retained earnings balance and consolidated balance for goodwill as of December 31, 2021, are also not provided.

The information provided states that as of the date of acquisition (January 1, 2021), the fair value of copyrights was $618,000, compared to its book value of $444,000. This suggests that the consolidated balance for copyrights as of December 31, 2021, would be $618,000.

However, the consolidated net income for the year ending December 31, 2021, is not provided, so it cannot be determined from the given information. Similarly, the consolidated retained earnings balance and consolidated balance for goodwill as of December 31, 2021, are not given, so their values cannot be determined without additional information.

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wth fill in the blanks
Bankruptcy

Cash

Check

Credit

Debit

Debt

Foreclosure

Expenditures

Credit Card

Debit Card

Impulse Buying

Long-Term Goals

Needs

Short-Term Goals

Wants

Budget

Discretionary Income

Fixed Expenses

Variable Expenses

Scarcity

(not all the words are being used)

1. The amount of financial trust extended to a person or a business by a lender; a loan.

2. Money owed.

3. A legal process that gives a debtor protection from creditors.

4. Goods or services that make people more comfortable or content but which are not necessary for survival.

5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.

6. Money that is spent on goods, services, and bills.

7. A purchase based on an immediate want or due to the pressure of advertising.

8. Plans that take a year or more to accomplish.

9. Plans that can be accomplished within three months to a year.

10. A record of income and spending and a plan for managing money.

11. Money available to spend on goods and services that are not essential.

12. The economic condition of limited resources that prevents people from having everything they want.

13. Expenses that do not change from month to month, such as auto insurance or rent.

Answers

Answer:

1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses

Explanation:

think of one business establishment nearby. indentify the micro and macro environment factors that affect the business estabishment

Answers

the factors in the micro and macro environments that have an impact on the establishment of businesses are Variables in the microenvironment Factors in the macro environment, suppliers governmental.

What is meant by Business establishment?

Any organization, regardless of structure, that provides the general public with goods, services, or lodgings is referred to as a business establishment.

An otherwise qualified establishment with membership requirements is deemed to provide services to the general public if its membership requirements are limited to the payment of fees or only include criteria that a sizable fraction of the city residents could satisfy.

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prompt: what is cash flow?

Answers

Cash flow pertains to the transfer of money in and out of an enterprise across a timeframe, commonly quantified via cash inflows and outflows.

What is cash flow?

Cash flow  denotes the physical currency produced or dispensed through a company's exploitations, investments, and financial undertakings within a designated period- say, perhaps, one month, quarter, or year.

Cash flow assumes an essential financial measurement discerning for organizations appraising their fluidity, stability, and economic well-being. It grants intelligence into the amount of available monetary funds that companies might avail in extending short-term responsibilities, investing upon development opportunities, as well know putting together payouts to stakeholders.

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Refer to this income statement to answer the question below.

Forks Gym
Income Statement
From the Month Ended January 31, xxxx

Revenue:
Membership Fees Revenue, 15,000.00
Rental Revenue, 8,000.00
Instruction Revenue, 5,000.00
Total Revenue = 28,000.00

Expenses:
Advertising Expense, 2,000.00
Rent Expense, 1,000.00
Salaries Expense, 3,000.00
Utilities Expense, 1,000.00
Total Expenses = 7,000.00

Net Income - 21,000.00

Forks Gym has a net loss.

- True
- False​

Answers

Answer:

The answer is False

Explanation:

Just making it easier for ppl to see

Another term for portfolio strategy is:?

allocation model. A

modulation model. B

formula model. C

equity model. D

Answers

Portfolio strategy is vital for every investor to achieve his or her financial goals and it's also known as allocation model.

Portfolio strategy simply means the roadmap that's used by investors to achieve financial goals. It simply means the optimal portfolios and their implication.

Portfolio strategy is created in order to present the asset allocation strategies for clients. This is vital in order for an organization to achieve its goals.

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For your assignment, read Jeremy's email then write at least three complete sentences describing how Jeremy used the SPA method to advocate for himself.

Dear Mr. Kwali,

One week ago, you gave us the homework to read one chapter every night. You told us that we would have to write a chapter summary every morning when we got to class. I was excited to read this book, but also nervous because it is the longest book I've ever tried to read.

Mr. Kwali, I am having a hard time keeping up with my reading. When I sit down to read, sometimes the letters move around. I am trying to read a chapter every night, but it takes me over an hour to read and I also need to finish all my other homework.

I thought of a solution. Could I come to your classroom at lunch so I could read and maybe get some help from you? This way, I can spend some extra time reading and I won't fall behind.

I know that you don't always have students stay for lunch in your classroom, so thank you for your help. Maybe I can come just twice a week.

Thank you,
Jeremy

Answers

Jeremy presented himself using the SPA technique, outlining his issue, his suggested remedy, and his appreciation.

What is advocate?

A person who has received training to promote and defend the rights of others is an advocate. They are frequently attorneys, but they can also be non-attorney professionals like social workers, psychologists, or doctors. A person who speaks up on another person's behalf to ensure that their needs, rights, and interests are taken into consideration is known as an advocate.

They are in charge of analysing the law, conducting pertinent research, and making sure that their client's interests are represented in court or during other legal proceedings. In order to provide the voice of the oppressed a chance to be heard, advocacy is a crucial component of the judicial system. For individuals who believe they have no voice, advocates are frequently viewed as a ray of hope.

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The potential cause of salesperson performance problems in meeting profitability quotas might be?

Answers

A salesperson is an individual who is employed by a company or organization to sell products, services, or solutions to potential customers or clients.

There can be several potential causes for salesperson performance problems in meeting profitability quotas. Some of the common ones include:

1. Lack of Training: Salespeople may not have received sufficient training on product knowledge, sales techniques, or understanding of the company's profitability goals. Without proper training, they may struggle to effectively close deals that contribute to profitability.

2. Inadequate Sales Tools and Resources: If salespeople don't have access to the right tools, data, or resources, it can hinder their ability to identify profitable opportunities and effectively engage with customers.

3. Poor Sales Management: Ineffective sales management can lead to disorganization, lack of motivation, and unclear expectations, which may result in lower sales performance and missed profitability targets.

4. Inappropriate Sales Incentive Structure: The sales commission or incentive structure may not align with profitability goals. If salespeople are rewarded solely based on revenue generated without considering profitability, they may prioritize high-volume but low-margin sales, impacting overall profitability.

5. Inaccurate Sales Forecasts: If sales forecasts are unrealistic or not properly communicated to the sales team, it can lead to misalignment between sales goals and actual performance, causing salespeople to fall short of profitability targets.

6. Market Conditions and Competitive Landscape: External factors, such as changes in the market or increased competition, can impact a salesperson's ability to meet profitability quotas.

7. Inadequate Sales Support: Insufficient support from other departments like marketing, product development, or customer service can hinder a salesperson's ability to deliver value to customers and close profitable deals.

7. Salespeople's Skill and Motivation: Some salespeople may lack the necessary skills, motivation, or commitment to effectively sell higher-margin products or negotiate profitable deals.

8. Product or Service Fit: If the products or services being sold do not meet the needs of the target market or are not competitively priced, it can affect a salesperson's ability to meet profitability targets.

9. Poor Sales Territory Management: Inequitable distribution of territories, lack of strategic planning, or failure to identify profitable geographic areas can negatively impact a salesperson's performance.

To address these potential causes, it's essential for companies to analyze their sales processes, training programs, management practices, and incentive structures to ensure they are aligned with profitability goals and provide the necessary support and resources to their sales team.

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What are the factors of stability that make up political risk unit of measure?
I. Strengths against shocks
II. Shock absorbers
III. Shocks themselves

A. I only
B. II only
C. III only
D. I and II
E. II and III
F. I and III
G. I, II, and III

Answers

Option F is correct, the factors of stability that make up the political risk unit of measure are: - I. Strength against shocks and III. Shock themselves.

A political risk is a form of hazard faced by traders, agencies, and governments that political selections, occasions, or conditions will substantially affect the profitability of a business actor or the expected cost of a given monetary motion. The political threat may be understood and managed with reasoned foresight and funding.

The time period of political risk has had many special meanings over time. widely speaking, however, political chance refers to the headaches organizations and governments may also face as a result of what is usually referred to as political choices—or "any political alternate that alters the expected final results and cost of a given monetary movement through changing the opportunity of attaining commercial enterprise goals".

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Choose the best answer. Internal operations integration:
The full potential of management information to plan and coordinate operations
The creation of operational linkages with material and service providers
The highest level of the organization to facilitate integration
The knowledge and achievement level essential to developing integrated performance
The joint activities within a firm

Answers

Internal operations integration refers to joint activities within a firm aimed at achieving the full potential of management information, creating operational linkages, facilitating integration at the highest level of the organization, and developing integrated performance. The best answer would be "The joint activities within a firm."

Internal operations integration encompasses the coordination and alignment of various activities within a firm to optimize performance and achieve organizational goals. It involves integrating different functions, departments, and processes to enhance efficiency and effectiveness."The joint activities within a firm" best capture the essence of internal operations integration. It signifies the collaborative efforts and coordinated actions taken by different stakeholders within the organization to streamline operations, improve communication, and drive overall performance.

Internal operations integration enables the full potential of management information to be realized. By aligning information systems, data, and analytics across different functions, it allows for better planning, decision-making, and coordination of operations. This integration ensures that relevant and accurate information flows seamlessly throughout the organization, enabling managers to make informed choices and allocate resources efficiently.

Moreover, internal operations integration involves creating operational linkages with material and service providers. This means establishing strong relationships and collaboration with suppliers and partners to ensure a smooth and integrated supply chain. By aligning processes, systems, and goals with external stakeholders, organizations can enhance their operational efficiency, reduce costs, and improve customer satisfaction.

At the highest level of the organization, internal operations integration facilitates integration across various functions and departments. It involves aligning strategic objectives, establishing clear communication channels, and promoting a shared vision and culture throughout the organization. This top-down approach ensures that all levels of the organization work in harmony towards common goals, fostering a cohesive and integrated operational environment.

In summary, internal operations integration encompasses joint activities within a firm that aim to leverage management information, create operational linkages, facilitate integration at the highest level, and develop integrated performance. By fostering collaboration, aligning processes, and optimizing resources, internal operations integration enhances organizational performance and competitiveness.

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Tshering enterprise limited is planning to increase its sale by 30% in the next quarter.Identify the feature of management hight-lighted in the given statement.​

Answers

Answer: management is a goal oriented process

What does deficit spending require a government to do?

lay off workers
cut taxes
take on debt
hire more workerscy

Answers

Answer:

c. TAKE ON DEBT

Explanation:

A deficit spending require a government to: C. take on debt.

What is deficit spending?

A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.

This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.

Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.

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You have a loan for $200,000 at 8.5% annual simple interest. What is your monthly interest payment?

a.1,239
b.1,311
c.1,417
d.1,508

Answers

Answer: 1417

Explanation:

The information can be gotten from the question:

Principal = $200000

Rate = 8.5% = 0.085

Simple interest = PRT

= 200000 × (0.085/12) × 1

= 200000 × 0.0070833

= 1416.6667

= 1416.7

Scenario You have worked at your current employer for 5 years. Recently your company merged with a much larger Boston accounting firm to improve efficiencies, increase revenues, cut costs and adopt best practices in the industry. After the merger, you find yourself on a team with four other individuals that you have never met. Each individual is from a different department: auditing, tax, corporate governance, legal and insurance. The purpose of your team is to reduce the number of employees in your department. Why is the change needed?

Answers

Answer:

In order to restructure the organization under the new Management.

Explanation:

Remember, we are told that a merger had occurred with a larger company with the sole aim of improving efficiencies, increasing revenues, cut costs and adopt best practices in the industry.

Thus, as at part of achieving the merger objectives of cutting cost, such change in the number of employees in each of those departments are necessary. For example, if the company spends $50,000 on employee remuneration prior to the merger, by reducing the amount of employees they are more likely to reduce cost.

A central bank's pursuit of policies that control inflation and reduce business cycle fluctuations best illustrates which core principle? Multiple Choice Markets determine prices and allocate resources. Time has value. Stability improves welfare. Risk requires compensation.

Answers

Answer:

Stability improves welfare

Explanation:

In simple words, central banks throughout the world try to cope with instability in their economic systems, in the form of inflation and deflation, by using various monetary and fiscal policies as well as related tools.

This is evidence of the fact that stability in an economy enhances welfare as the money value will not fluctuate continuously. Therefore, government can manage risk, tackle shocks and perform economic processes more efficiently.

Countries the government controls the mos
activities:
• health
education
defence
• public transport
water supply
. electricity supply.
Activity 2.4
For each of the examples of key industries or activities listed above, suggest three possible
reasons why the government of a country might decide to own and control that industry or
service.​

Answers

Answer:

health education defense

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