Yolinda and Wes decide to go into business together as a partnership. As part of their business, they lease a car, with each paying half the monthly expenses. Unfortunately, the business does not make any money. After 2 years, Yolinda decides to leave and take a job with another employer. Wes, on the other hand, decides to make a go of the business. Given this information, which of the following is true?

a. Because Yolinda is no longer involved in the business, she no longer needs to help make the car expenses.
b. If Yolinda stops making her share of the car expenses, Wes will be liable for Yolinda's share.
c. Because the partnership is no longer in existence, the car lease is null and void.
d. Because Wes received only half of the company's profits, he is only liable for his share of expenses.

Answers

Answer 1

Given that one of the partners of the business has left the business, the answer that is correct is the fact that

Because Yolinda is no longer involved in the business, she no longer needs to help make the car expenses.

What is a partnership?

This is a business arrangement that is made by two or more persons. The business arrangement has the partners sharing in the liability of the business.

The reason why Yolanda has to stop sharing in the expenses is simply because she is no longer a part of the partnership.

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Related Questions

Ham and eggs are complements. If the price of ham rises, the demand for eggs will.

Answers

Answer:

true

Explanation:

Answer:

Explanation:

Decrease

Banksy is most associated with which city?​

Answers

Bristol

Banksy's work grew out of the Bristol underground scene, which involved collaborations between artists and musicians. Banksy says that he was inspired by 3D, a graffiti artist and founding member of the musical group Massive Attack.

A cabinetmaker is seeking a new customer for a business that makes expensive
cabinets. The cabinetmaker has identified a group of potential customers with high
incomes.
Which method of segmentation is the owner using?
- Behavioral
- Geographic
- Psychographic
- Demographic

Answers

Answer:

It is Demographic

Explanation:

I just took the test

In the first stage of the B2B buying process, the buying organization recognizes, through either internal or external sources, that it has a(n) ______ need.

Answers

The recognition of the buying organization in the first stage of the B2B buying process through either internal or external sources, shows that it has an

Unfilled need

What is a Need?

This refers to those things which a person cannot do without and would try to get to ensure survival and this also applies to businesses.

With this in mind, we can see that the B2b purchases has a process which it follows which includes:

Recognizing a needAnalysing possible solutionsDefining product requirements, etc.

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If a plant has the phenotype of the dominant trait of having thorns, then the plant has either the genotype Tt or tt. Question 8 options: True False.

Answers

The genotype of an organism is the set of genes it possesses. All of an organism's observable traits make up its phenotype.

The statement given is False, the genotype is TT.

What is a plant's phenotype based on its genotype?

The genotype of an organism is the particular combination of alleles for a given gene.

As an example, the flower-color gene genotypes for the pea plants above were red-white, white-white, and red-red.

The physical manifestation of an organism's allelic combination is called phenotype (genotype).

Because T is dominant while T is recessive, if a plant has the phenotype of the dominant trait of having thorns, it will have TT.

As a result, the answer is false. TT should be the genotype.

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If a buyer has an almost unlimited selection of products that are very difficult to differentiate between, this represents.

Answers

Consumer choice occurs when a buyer has an almost unlimited selection of products that are very difficult to differentiate between.

What is Consumer Choice

Consumer choice refers to the aspect of microeconomics  that deals with the decisions  consumers make with regard to products and services.

     This involves how consumers decide which products to purchase or consume over time.

Factors affecting Consumer Choice

Psychological FactorsSocial Factors.Cultural factorsPersonal FactorsEconomic Factors

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All of the following are true statements about Individual Retirement Accounts EXCEPT: A the earliest a taxpayer may make an annual contribution is January 1st of that tax year B the latest a taxpayer may make an annual contribution is April 15th of the following tax year C if the taxpayer obtained a 4 month filing extension, he can make the annual contribution up to the extension date D annual contributions may be made even if the person is covered by another qualified retirement plan

Answers

The statement that "if the taxpayer obtained a 4 month filing extension, he can make the annual contribution up to the extension date" is an untrue statement about an Individual Retirement Account.

What is an Individual Retirement Account?

An Individual Retirement Account refers to a saving account that allows workers to save their money for retirement in a tax-advantaged way.

The true statement about the Individual Retirement Account includes:

the earliest the taxpayer can may make an annual contribution is January 1st of the tax year.the latest the taxpayer can may make an annual contribution is April 15th of the following tax year.the annual contributions may be made even if the person is covered by another qualified retirement plan.

Therefore, the Option C is correct.

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As the owner of a small business, esma would like to move the sale of her candles from storefronts to the internet. She can readily make this move for her business because technological advances allow:.

Answers

Thanks to technology, almost anyone to be global, with two varying results: Small companies can get started more easily but move slower.

Facts about Internet commerce Allows for more access to customers from around the world. Increases chances of profitability.

Small companies have smaller catalogues to sell and so can easily get involved in internet commerce. They however, are not as rich as large companies which means that they will not be able to invest enough to move as fast as large companies.

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100 Points!! PLS HELP ASAP!! In a short response of approximately 75 words, explain what type of company would elect to develop and manage an internal marketing department.

Answers

Mid-sized regional companies would elect to develop and manage an internal marketing department.

What is internal marketing?

Internal marketing can be divided into two categories: a campaign or communication plan that is specifically directed at your staff. Campaigns for employee engagement or wellness/benefits programs, for instance. campaigns intended to inform, engage, and socialize personnel before the start of an external campaign.

Internal marketing is now a key component of a successful marketing plan, therefore organizations should give it a top priority. Internal marketing is, to put it simply when a company advertises to its employees about its mission, goals, culture, goods and services, and brand.


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Blanchard Corporation issued a 1-year, 9%, $150,000 note payable on April 30, 2022. Interest expense for the year ended December 31, 2021, is $8,000. $9,000. $12,000. $6,000.

Answers

The interest expense for the year ended December 31, 2021, for Blanchard Corporation is b) $9,000.

How is interest expense computed?

Interest expense is prorated.  Since Blanchard Corporation issued the notes on April 30, the interest expense for the year will not be for 12 months but only 8 months (May to December).

Data and Calculations:

Note payable = $150,000

Interest rate = 9%

Period of note = 1 year

Date of issuance = April 30, 2020

Interest expense at December 31, 2021 = $9,000 ($150,000 x 9% x 8/12)

Thus, the interest expense for the year ended December 31, 2021 is b) $9,000.

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Saban Ironworks most recent reported free cash flow was $419.5 million. You project that the FCF will grow at a constant rate of 8% forever. If Saban's WACC is 12%, the firm has $2,580.5 million in outstanding debt, no preferred stock, and 250 million shares of common stock, what is the intrinsic value per share of the common stock assuming the firm holds only operating assets

Answers

Answer:

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize fonexpectedly to $26 per share.

Which of the following is an example of inventory at a company? A. A scooter that has been purchased at a store by a customer B. An employee who provides technical expertise C. Fancy dishes and silverware used at a restaurant D. A list of products that a hardware store wants to order.

Answers

Inventory refers to the stock held by the company. An example of inventory could be "Fancy dishes and silverware used at a restaurant".

What is an inventory?

Inventory can be defined as the stock of goods or raw materials held by the company for further production or for sales.

Inventory varies from business to business. For example, for a scooter dealer, the scooters available at the store are his inventory.

For a restaurant business, the dishes, bowls, other utensils, tables, oil, and so on are considered as inventory.

Therefore, the correct option is C.

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Answer is  C

Fancy dishes and silverware used at a restaura

After the Soviet Union collapsed, state assets were sold off quickly and at an extremely undervalued price, and some well-connected entrepreneurs managed to amass huge amounts wealth and quickly became extremely unpopular among the public because of their dominate political influence and control over media outlets. What is the term given to these influential and asset controlling individuals

Answers

The term given to these influential and asset-controlling individuals after the collapse of the Soviet Union was Russian Oligarchs.

Who were the Russian Oligarchs?

Generally, Oligarchs are business leaders wielding significant political-economic influence.  In Russia, the well-connected entrepreneurs amassed excessive wealth from government patronage.

This excessive wealth-amassment alienated them from the Russian public and they became unpopular.  Many of them decided to take up residency outside Russia.

Thus, the term given to these influential and asset-controlling individuals after the collapse of the Soviet Union was Russian Oligarchs.

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seven ways a student can make money through agriculture​

Answers

Answer:

1.by learning is school

2.by helping farmers out there with

little idea you have.

3.by practicing it.

4.plant and sell it.

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.

Answers

Answer:

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.

Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.

A town is replacing a sidewalk that serves five homes. The length of the sidewalk is 200 feet. Mary's property has 38 feet of front footage. If the cost of the project to be paid by a special assessment is $7,000, what will Mary's assessment be?
a. $1,400.
b. $1,330.
c. $184.
d. $1,840.

Answers

Answer:

B

Explanation:

This looks like a straight proportion question.

38 feet = x dollars

200 feet = 7000 dollars         Cross Multiply

200x = 38 * 7000                    combine

200x = 266000                       Divide by 200

x = 266000/200

x = 1330

Give justification


An investment firm rates bonds for Aard Co Inc. as "B+," while bonds of Deva Corp. are

rated "AA." Which level of measurement would be appropriate for such data?

A) Nominal

B) Ordinal

C) Interval

D) Ratio

Answers

Yea ma’am she will get you in the back of your house in a while and then

In the 1950s, the ______ concentrated on lending money for public sector projects in third world countries.

Answers

The answer is world bank

A statement of an employee's biweekly earnings is given below. Earnings Deductions Week Ended Regular FED. SOC. MED STATE WITH. WITH. CARE. WITH. NET PAY 9/10 $_____ $98. 00 $52. 88 $12. 37 $22. 54 $667. 17 What is the employee's gross pay? a. $818. 05 b. $830. 42 c. $840. 59 d. $852. 96 Please select the best answer from the choices provided A B C D.

Answers

Gross pay refers to the earnings of the employee before taxes and other deductions. The gross pay of the employee will be $852.96.

What is gross pay?

Gross pay refers to the total amount that employees earn before taxes and deductions. It is used to calculate the salaries and wages of the employees.

If the taxes and other deductions are subtracted from the gross pay, the result will be the net pay of the employee.

The gross pay of the employee for the given question will be:

[tex]\begin{aligned}\rm Gross \:pay &=\rm Net\:pay + Expenses\\\\&= \$667.17 + \$98.00 +\$52.88 + \$12.37 +\$22.54\\\\&= \$852.96\end[/tex]

Therefore the correct option is D.

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An economic transaction in which one party trades a good or service for another good or services is called.

Answers

Answer:

Bartering

Explanation:

Bartering involves the provision of one good or service by one party in return for another good or service from another party.

Select the education or qualification that is best demonstrated in each example. Anastasia is a School Social Worker with a four-year college degree. Vikram is a Religious Activities Director who plans activities and events. Summer is a Sociologist who collects and records information about people and their behavior. Jayden interviews people to figure out whether they qualify for government assistance.

Answers

Based on the activity that each person is engaging in, the education or qualification best suited for them are as follows:

Anastasia - Bachelor's degree. Vikram - Planning and organizational skills.Summer - Research skills. Jayden - Communication skills.

How are the above demonstrated?

Anastasia is engaged in a Bachelor's degree program as these are given by colleges and usually last for four years. Vikram is using planning and organizational skills to plan the needed activities and events.

Summer is using research skills to collect and record information about people, and Jayden needs communication skills to be able to interview people.

In conclusion, various skills are needed to accomplish various tasks.

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Answer:

1. Anastasia is a School Social Worker with a four-year college degree.

✔ bachelor’s degree

2. Vikram is a Religious Activities Director who plans activities and events.

✔ organizational skills

3. Summer is a Sociologist who collects and records information about people and their behavior.

✔ research skills

4. ayden interviews people to figure out whether they qualify for government assistance.

✔ communication skills

Explanation:

HAVE A GOOD DAY

Suppose the government wanted to develop a national high-speed rail network. The federal government supplies states with the money to do so but imposes very strict laws on how it will be spent. This type of funding is most likely to come from

Answers

This type of funding is most likely to come from a categorical grant. The money that the federal government gives to states and local organizations is referred to as a category grant. Project grants and formula grants are the main methods used to do this.

Grants with specific categories include those for Head Start, Medicaid, and food stamp programs. They describe the purposes for which the money is to be used and give funds for particular government agencies or initiatives.

Project grants, formula grants, formula-project grants, and open-reimbursement grants are a few examples of categorical grants. Grants with open-reimbursement arrangements are made after the fact and reimbursed for expenses, as with Medicaid.

Formula grants are determined by a mathematical formula depending on the population of a state and other variables. Grant money earmarked specifically for projects or categories is known as a project grant.

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Explain why a rise in the pound sterling exchange is likely to affect the rate of inflation in the uk

Answers

Answer:

A higher inflation rate in the UK compared to other countries will tend to reduce the value of the Pound Sterling because: High inflation in the UK means that UK goods increase in price quicker than European goods. ... This increase in the supply of pounds decreases the value of Pound Sterling.

Sweet Dreams sells pillows for $25 each. Variable costs are $15 per pillow. The company is considering improving the quality of materials which will increase variable costs to $19. The company expects the improved materials will increase sales from 1,200 to 1,500 pillows per month. The impact of this change on total contribution margin would be a(n): __________

Answers

The impact of this change on total contribution margin would be : decrease in contribution margin by $3,000

What is contribution margin?

Contribution margin is a product's price minus all associated variable costs, resulting in the incremental profit earned for each unit sold.

In this question, we have to apply the contribution margin formula which is shown below:

Contribution margin = Sales - variable cost

Where,

Sales =  Selling price per pillow × number of pillows sold

= $25 × $1,200

= $30,000

And, the variable cost

= Variable cost per pillow × number of pillows sold

= $15 × $1,200

= $18,000

So, the contribution margin equals to

= $30,000 - $18,000

= $12,000

Now due to material improvement,

The new Sales

=  Selling price per pillow × updated number of pillows sold

= $25 × $1,500

= $37,500

And, the variable cost

= Variable cost per pillow × updated number of pillows sold

= $15 × $1,500

= $22,500

So, the new contribution margin equals to

= $37,500 - $22,500

= $15,000

Hence, the contribution margin decrease by $3,000 ($15,000 - $12,000)

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Environmental sustainability concerns have declined steadily over the past three decades. True False

Answers

Answer:

False ! :)

Explanation:

If the seller dies before you accept the offer, the contract is unenforceable under the defense of impossibility. False True

Answers

Answer:

of the seller dies before you accept the offer, the contract is unenforceable under the defense of impossibility is true

In Las Vegas, the cost of living index is 110, and in San Francisco, it is 170. You work in Las Vegas currently and your salary is $57,000. You are offered a promotion and pay raise of $70,000 to move to San Francisco. If you take the promotion:

Answers

Your nominal wage increased but your real wage has decreased.

Explanation:

Given that,
Cost of living index in Las Vegas = 110
Cost of living index in San Francisco = 170
Salary in Las Vegas = $57,000
Salary offered to work in San Francisco = $70,000
The cost of living index of the two cities indicates that the cost of living in San Francisco is higher than the cost of living in Lag Vegas.
The salary in Las Vegas is $57,000, when we are taking into consideration the effect of the cost of living, then the value of this salary in San Francisco must be:
= (Cost of living index in San Francisco ÷ Cost of living index in Las Vegas) × Salary in Las Vegas
= (170 ÷ 110) × $57,000
= 1.5454 × $57,000
= $88,090.9
Hence, if the salary offered to work in San Francisco = $70,000,
Then, this will increase the nominal salary but the real salary will not increase (i.e, decreased) because of the higher cost of living in San Francisco.

When mary parker follett referred to the use of communities within an organization, she meant that ______.

Answers

The statement by Mary Parker regarding community in organizations means that managers and subordinates should work together in order to solve issues.

What is a community?

It should be noted that a community consist of a group of people who work towards a common goal.

When Mary parker follett referred to the use of communities within an organization, she meant that managers and subordinates should work together in order to solve issues.

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If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 in 90 days, it could:___________.
a. obtain a 90-day forward purchase contract on euros.
b. sell euros 90 days from now at the spot rate.
c. obtain a 90-day forward sale contract on euros.
d. purchase euros 90 days from now at the spot rate.

Answers

A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.

What is a Forward sale Contract?

This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.

The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.

The correct answer, thus, is A.

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Which budgeting approach is most favorable to obtain employee support?.

Answers

The  budgeting approach that is most favorable to obtain employee support is: Participative budgeting.

What is Participative budgeting?

Participative budgeting is a type of budgeting approach that enables employees to take part in the budget preparation process.

This type of budgeting makes it possible for employee to contribute their own ideas during the decision making process when creating a budget.

Inconclusion the  budgeting approach that is most favorable to obtain employee support is: Participative budgeting.

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The budgeting approach which is most favorable to obtain employee support is:

Bottom-Up Approach

What is a Budget?

This refers to the financial plan to set aside things to do with money based on a scale of preference.

With this in mind, the bottoms up approach to budgeting will be the most favorable to get employee support because the company let's each individual department to set their own budget and is then sent for review to upper management.

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