BUSINESS HIGH SCHOOL

A devotes full time and B devotes one-half time to their partnership. If the partnership agreement is silent concerning the division of net income, A will receive a $20,000 share of a net income of $30,000.A. True
B. False

Answers

Answer 1

Answer:

False

Explanation:

A partnership is when 2 parties come together to invest in a business.

Profit sharing from the business is usually based on the percentage invested by the partners.

For example if A invested 20% and B invested 80%, B will receive a higher share.

So in this case the amount they will be entitled to is a function of their investment unless otherwise stated in the agreement.

Since the agreement is silent on this their contribution will be used as the basis for sharing and not responsiblity in the business.

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you produce video games. it costs you $35 to make each game. You want to charge at least _______ to cover your costs.

Answers

$40 you want to charge enough to pay for them and make a profit.

Why are images and video important when you can simply describe what it is you want to explain?A. Images are not that important, and should be avoided unless essential.
B. Media is an excellent source of entertainment.
C. The responsible use of visuals can help keep your audience engaged, informed, and entertained.
D. Media is easy to use and slide presentations can accommodate all types of media.

Answers

Answer:

The correct answer is C: the responsible use of visuals can hep keep your audience engaged, informed and entertained

Explanation:

In the process of explaining something to someone that may not know what the subject is, the correct and proper use of visuals, like images and videos, may have a great impact in the person that is trying to understand the subject. Moreover, both images and videos tend to be more memorable than just the use of words, therefore that when an example is shown with an image the person tend to remember the image and later the meaning of it and what the purpose of it was. In addition, videos help the audience to pay more attention to the main focus of it, rather than just telling the what the story is about.

C. The responsible use of visuals can help keep your audience engaged, informed, and entertained.

That answer definitely seems the most reasonable.

Name and explain the relationship between triple bottom line and social responsibility

Answers

Social business responsibility means that one company responsible for their product or service. Triple Bottom Line is one of the theories in business sphere. It means that one company is a member of the moral community, so it gets social responsibilities. Triple Bottom Line includes economic sustainability, social sustainability and environmental sustainability. If all three components are executed , then the business is developing successfully.

On December 30 of the current year, Azrael, Inc., purchased a machine from Abiss Corp. in exchange for a noninterest-bearing note requiring eight payments of $20,000. The first payment was made on December 30, and the others are due annually on December 30. At date of issuance, the prevailing rate of interest for this type of note was 11%. On Azrael's current year December 31 balance sheet, the note payable to Abiss was A. $94, 244 B. $114, 244 C. $102, 922 D. $104, 611

Answers

Answer:

A) $94, 244

Explanation:

The agreement required 8 installment payment of $20,000 each, the first one was due on the same day the agreement was made (December 30). The December 31 balance account of the note payable equals the present value of the 7 remaining payments:

the present value factor of an ordinary annuity for 7 years ans 11% interest rate = 4.712

so the present value of the note payable = $20,000 x 4.7122 = $94,244

Which of the following is an essential part of being an entrepreneur?a. Being friendly
c. Taking risks
b. Having a lot of money
d. Being an expert in your field

Answers

being and expert in your field is essential but being friendly and taking risks can help too!

I would say A. That's my guess, but I could be wrong.

Question 8How much money will you need for retirement? Which answer is the most
correct answer?
My social security plus what I have put in a regular savings account will do
ОА.
it
OB. A good guidelines is 80% of your working income.
Three years income and the 25% I may receive from my company's
Oc.
pension plan
OD Enough money to last 20 year