Answer:
the United state has a comparative advantage in producing coal
Answer:
d. Cash 27,000
Floyd, Capital 5,250
Merriam, Capital 1,750
Ramelow, Capital 20,000
Explanation:
First of all we need to calculate the total capital after admission
Total Capital after admission = $50,000 + $23,000 + $27,000 = $100,000
Share of Ramelow = Total Capital x Partnership share = $100,000 x 1/5 = $20,000
Actual Payment made by Ramelow = $27,000
Amount of goodwill paid by Ramelow = $27,000 - $20,000 = $7,000
This goodwill will be distributed between Floyd and Merriam as per their partnership ratio
Share of Goodwill ro Flyod = $7,000 x 3/4 = $5,250
Share of Goodwill ro Merriam = $7,000 x 1/4 = $1,750
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All of the following are ways an organization that incorporates enterprise-wide risk management (ERM) with its strategic planning process improves its decision-making, EXCEPT It can eliminate risks to its business model.
A business model describes how an organization creates, delivers, or acquires value in an economic, social, cultural, or other context. The process of building and modifying business models, also called business model innovation, is part of business strategy.
The term business model describes a company's profit plan. Identify the products or services that the company plans to sell, the identified target markets, and the expected costs. Business models are important for both new and established companies.
In its simplest form, a business model provides information about an organization's target markets, the needs of those markets, and the role a company's products or services play in meeting those needs. Business model innovation describes the process by which an organization adapts its business model.
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