Pro Flowers LLC has been in business for five years. When one of its members dies, the other members of the LLC agree to dissolve the LLC. They proceed to wind up the business, collecting and liquidating all the assets of the LLC. Once that is done, the proceeds will be distributed:

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Answer 1

The proceeds would first be paid to creditors, then the capital of the members would be repaid and the balance thereafter would be shared based on an agreed percentage.

It should be borne in mind that LLC means limited liability company, which is a company whose members or owners are only liable for the business debt to the extent of their capital contributions, the implication of that is that would use their personal assets to settle business obligations.

When such companies are wounded up, the claims of creditors take precedence over others' claims, which means creditors would be settled first.

From any assets remaining after creditor settlement, their capital contributions would be repaid and finally, any funds left thereafter as surplus would be distributed to the owners equally or based on a pre-agreed formula.

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Related Questions

If the two countries were to specialize and trade with one another, which country would import airplanes?

Answers

The country that should import airplanes is country A.

Which country should import airplanes?

The country that should import airplanes is the country that does not have a comparative advantage in the production of airplanes. A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

A country has a lower opportunity cost if it forgoes less quantity of an alternative product when producing another product.

Opportunity cost of country A in the production of airplanes: 8 million / 8 = 1 million

Opportunity cost of country B in the production of airplanes: 4 million / 6 = 670,000

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Answer:

A

Explanation:

its correct

Summarize these two up-and-coming leadership positions in digital media: digital media supervisor and chief digital officer (CDO). What does each job entail

Answers

The big difference between the CIO and the Chief Digital Officer is the responsibility for turning IT into a value creator, which is something that the CIO typically doesn’t have in most organizations.

How to compare the difference?

The chief digital officer is the leading digital business from the front in a way that most CIOs aren’t. It should be that most CIOs are not trying to think of new markets, new channels, or new business models that the organization should be getting and making that a top priority. .

The CIO is used to operate much larger operations. The Chief Digital Officers are very multidisciplinary, so they have a lot of different experiences, and they're very comfortable talking with marketing and sales in their language.

They’re very good at talking to the product teams in their language and operations in their language, and executives, and so on. And not to the same degree that we see the CIOs that don’t really talk the language of business .

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Answer: The big differences in the CIO and the Chief Digital Officer is this responsibility for turning IT into a value creator, being a business to the extent of actually having a P&L, which is something that the CIO typically doesn’t have in most organizations.

To maximize profit, the perfectly competitive firm charges a price equal to __________ while the monopolist charges a price __________.

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To maximize profit, the perfectly competitive firm charges a price equal to the marginal cost while the monopolist charges a price greater than the marginal cost.

The monopolist will select the profit-maximizing level of output where MR = MC, and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.

In a monopolistically competitive market, the rule for maximizing profit is to set MR = MC and the price is higher than marginal revenue, not equal to it because the demand curve is downward sloping.

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Willing to give a lot of points
Please help

Question 4 of 10
What is one of the reasons marketing is essential to the free market system?
A. It ensures that companies make a healthy profit.
B. It helps educate consumers about competitive products.
OC. It employs more people that any other career group.
D. The sales of advertising makes television programming possible.
SUBMIT

Answers

One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.

What is free market?

A free market is a market structure where there is no interference from government but forces of demand and supply controls it.

With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.

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If people have a high degree of _______ one is more likely to want to stay with their current company.

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If people have a high degree of organizational commitment one is more likely to want to stay with their current company.

Organizational commitment means the connection or the bond that the employees have with their organization or the employer. It all depends upon their psychology that more attachment they have with their employer or the organization more will they want to stay in it.

It defines  different variables such as the job performance of the employees, turnover of the company or the employee employer relationship.

A model of commitment was given by Meyer and Allen in which they defined three types of commitment:

Affective commitment

Continuance commitment

Normative commitment.

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Fixed costs (such as property taxes, insurance, depreciation, etc.) are costs that _____________________ .

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Fixed costs (such as property taxes, insurance, depreciation, etc.) are costs that remain the same regardless of the output.

The term fixed cost refers to that cost which does not change with any increase or decrease in the number of goods or services produced or sold in the organization.

Fixed costs are those expenses which are paid by any company, whether it is independent or not of any specific business activities. This means that fixed costs are generally indirect in nature , it means that they don't apply to the production of company's goods or services.

Companies can usually have two types of costs—fixed or variable costs—which together result in their total costs.

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Andrew Industries purchased $160,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $21,000, and the materials used to complete jobs during the month were $136,500 of direct materials and $12,500 of indirect materials. What is the ending Raw Materials Inventory balance for March

Answers

The Ending Raw Materials Inventory for Andrew Industries will be:

32,000

HOW TO CALCULATE ENDING RAW MATERIALS?

We will use the Inventory identifier formula to solve for ending inventory

Beginning Inventory + Purchase = Ending Inventory + Used.

⇒21,000 + 160,000 = Ending  Inventory + Used.

Used materials

Direct Used Materials = 136,500

Indirect Used Materials = 12,500

Total Used Materials = 149,000

Now we know,

21,000 + 160,000 = Ending  Inventory + 149,000

⇒ 181,000 - 149,000 =  32,000

Therefore, Ending Inventory = $32,000.

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Verifying a backup is also called _______________

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♨ANSWER♥

Verifying a backup is also known as backup testing.

...hope this helps...

_♡_mashi_♡_

Adding or deleting features and functions from an existing product platform is: Group of answer choices A high-end strategy. The optional-pricing strategy. A low-end strategy. A promotional strategy. All of these answers are correct.

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b. The optional pricing strategy (O.P.)

More about optional pricing:

When a company uses optional product pricing, it sets a base product at a lower cost and additional, optional products at a higher price to make up for any losses. Optional products are not required for the base product to function, but they typically improve the customer experience.

The two key components of optional product pricing:

A base product is the main draw for the customer or the reason they are purchasing. It meets the needs of the customer and does not require the optional product to function.A complimentary product(s): A product that a customer who purchased the base product is likely to purchase in order to improve their experience with the base product.

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Company managers should give serious consideration to changing from a low-cost /low price strategy for branded footwear to a different strategy when

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Company managers should give serious consideration to changing from a low-cost /low price strategy for branded footwear to a different strategy when competition is high among competitors.

Who are competitors?

Competitors are individual or people that sell similar products and commodities.

They can be wholesaler or retailers and are usually present in all business.

When there are competitors new strategy should be developed to help get enough sales such that the individual or company do not fall out of sales or market

Therefore,

Company managers should give serious consideration to changing from a low-cost /low price strategy for branded footwear to a different strategy when there is competition.

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The type of organizational-level reward in which employees receive a percentage of the organization's previous year's profits is called a:_______

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The type of organizational-level reward in which employees receive a percentage of the organization's previous year's profits is called a profit sharing.

Profit sharing is a system where employees are paid a portion of the net earnings of the firm they work for, according to a predetermined written formula. These payments, which may differ based on salary or compensation, are separate from and in addition to ordinary income.

Profit sharing refers to various incentive programs that companies have implemented that give employees direct or indirect compensation based on the company's profitability in addition to their base pay and bonuses. These schemes often involve the distribution of shares to employees in publicly traded corporations.

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The typical supply curve illustrates that: A) other things equal, the quantity supplied for a good is inversely related to the price of a good. B) other things equal, the supply of the good creates its own demand for the good. C) other things equal, the quantity supplied for a good is positively related to the price of a good. D) price and quantity supplied are unrelated.

Answers

A supply curve would most typically show that C) other things equal, the quantity supplied for a good is positively related to the price of a good.

What does a supply curve show?

It shows the quantity of goods that are supplied to the market per price of the good.

Suppliers will supply more goods if prices are high in order to make more profit. The supply is therefore directly related to price.

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A local bank will pay you $99 a year for your lifetime if you deposit $1,100 in the bank today. If you plan to live forever, what interest rate is the bank paying

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The answer is 9%.

Given,

A local bank will pay you $99 a year for your lifetime if you deposit $1,100 in the bank today.

Let the interest rate be 'r'.

Then, Using the short-cut method, we get,

r = (Annuity amount ÷ Annuity paid) × 100

Now, substituting the values in the above formula we get,

r = (99 ÷ 1100) × 100

r = 9%

Hence, in the given scenario where a local bank will pay you $99 a year for your lifetime if you deposit $1,100 in the bank today. If you plan to live forever, what interest rate is the bank paying is 9%.

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Determine what strategy should be used in the following situation. You are demoting an employee to avoid laying them off.

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The correct answer in following Situation is Ethical, Direct and Intend to Deceive.

Keeping the Indirect Strategy Ethical:

The sender using an indirect approach in an ethical manner.

A. Ethical:

It is ethical to reduce the emotional impact of a bad news by making use of an indirect approach which is less harsh and blunt unlike the direct approach. In situations such as communicating that a person has lost his job, it is important that the manager communicates using indirect approach.

Direct demoting an employee to avoid laying them off.

B. Direct:

You are communicating facts to someone that has less time. Therefore the direct approach would be most appropriate as it goes straight to the point without delays.

If you put bad news at the end if the mail ,you Intend to deceive

Your boss is extremely busy therefore in this case it would be important to use the direct approach and move straight to the point from the beginning not hiding the bad news at the end of the mail.

Your question is incomplete, but most probably your full question was:

Question attached in below -

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Which statement supports the idea that good marketing is not an easy task? Multiple choice question. The promotion of new products is being handled by the developers of the product and not the marketing team. The number of new products that enter the marketplace each year is relatively small. Thousands of new products fail in the marketplace each year.

Answers

The idea that good marketing is not an easy task : Thousands of new products fail in the marketplace each year.

What is Marketing Objectives?

The marketing objective for the introduction stage of the product life cycle is to create consumer awareness and encourage the first purchase of the new product.

Marketing  Objectives includes:

These are the goals that a business is trying to achieve through its marketing.Marketing objectives are often more effective if they have a target and a time limit. For example, a marketing objective might be to increase market share by 10% in the next three years.

Marketing objectives are actionable targets designed to provide not just overall direction, but clear and specific actions. They are specific, measurable, attainable, relevant, and time-based (These are often called SMART goals )

Therefore, we can conclude that the correct option is : The idea that good marketing is not an easy task Thousands of new products fail in the marketplace each year.

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The cost object in a job order system is the ______ and the cost object in a process costing system is the ______. Multiple choice question. process; specific job process; department job; process or department department; process

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The cost object in a job order system is the Specific Job and the cost object in a process costing system is the Process.

What Is Process Costing?

With process costing, companies determine item cost by tracking the cost of each stage in the production process, instead of tracking costs for each individual item. After adding up the cost of all the steps in the process, they divide the total cost by the number of items. This is called the cost per unit.

For example, a paper company might track the cost of each stage in the process of turning wood pulp into reams of paper, then divide the total cost by the number of reams to get the cost per ream.

What is Job Order Costing?

Job order costing accumulates all costs associated with one specific job, order, or project. It is most often used for customized jobs with easily traceable costs. The job, order, or project is the cost object in job order costing. Direct materials and direct labor are traced to the individual job and manufacturing overhead is allocated to the job based on a given cost driver activity used for the job multiplied by an overhead rate. The overhead rate is found at the beginning of the period using estimated overhead costs and estimated total cost driver activity.

For example, a company manufactures custom prefabricated stairs for builders. Since each house is slightly different, each house gets measured, and each staircase has slightly different widths, rises, and runs to fit the unique home.

Hence, Job order costing is a costing system in which each product or job has traceable costs. Process costing is a costing system in which a product is mass produced, so costs are determined by equivalent units produced.

Therefore , we can conclude that the correct option is specific job, process.

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Which of the following is LEAST likely to be considered in establishing the value of a property by the sales comparison approach

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The item that is LEAST likely to be considered in establishing the value of a property by the sales comparison approach is capitalization rate.

What is capitalization rate?

This is usually associated with real estate, which is the returns on investment or properties hence helps in evaluating a real estate investment. it is the percentage rate of return that a property will produce on the owner's investment.

In other words, capitalized interest refers to interest that is added to some kind of debt and that is included in current balance accounts, as opposed to waiting to figure in the cost of interest.

The capitalization rate are measures, used to estimate and compare the rates of return on multiple commercial real estates, which is calculated as the ratio between the annual rental income produced by a real estate asset to its current market value.

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A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firms when it

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A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firms when it is found guilty of antitrust violations.

What is antitrust laws?

These are laws established to protect the interest of the consumers by creating enabling environment for businesses to thrive. These laws prevent unfair business associations such as trusts contribute to competition.

Anti-trust laws are laws, meant to protect the customer from predatory practices by businesses such as collusion hence ensuring that there is competition in the market for the benefit of the consumer.

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When a manufacturing company has a highly automated manufacturing plant producing many different products, what is probably the most appropriate basis of applying overhead costs to work-in-process

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Answer: Machine Hours

Explanation:

When Michael writes a $100 check to John and John deposits the check, Michael's bank ________ assets of $100 and John's bank ________ liabilities of $100.

Answers

Answer:

loses; gains

Explanation:

A manufacturing company incurs depreciation costs of $6,000 per month on manufacturing machinery. The depreciation cost per unit is $ when the company manufactures 2,000 units.

Answers

The depreciation cost per unit is $3.

What is the depreciation cost per unit?

Depreciation is the process used to expense the cost of an asset. Depreciation is the reduction of the carrying value of an asset. Depreciation occurs as a result of the wear and tear of an asset.

The depreciation cost per unit can be determined by dividing the total deprecation by the units manufactured by the company.

The depreciation cost per unit = depreciation cost / units manufactured

$6000 / 2000 = $3

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Martin puts his weekly paycheck into his checking account. in which column should he write the value of his paycheck?

Answers

The value of his paycheck is : Deposits.

What is Checking Account ?

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits.

A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions.

Money can be deposited at banks and via automated teller machines (ATMs), through direct deposit or other electronic transfer. Account holders can withdraw funds via banks and ATMs, by writing checks, or by using electronic debit or credit cards paired with their accounts.

It’s important to keep track of checking account fees, which are assessed for overdrafts. Some banks also require you to keep the account balance above a required amount.

Therefore, we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?

a. Deposits

b. Balance

c. Debit

d. Check number

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Answer:

A. Deposits

Explanation:

Did the test

E-d-gE

(02.02 MC) Schleiden concluded all plants are made of cells and Schwann concluded the same thing about animals. Together, how did they contribute to cell theory

Answers

1839 was the year when the conclusion was reached that all tissues are composed of cells; this established the basis for the cell hypothesis. Schwann was also involved in the fermentation process, which led to the discovery of the enzyme pepsin. This is further explained below.

What is cells theory?

Generally, cell biology as is known today. cells proliferate and transmit genetic information; energy flows inside cells. noun. the notion that cells are the fundamental structural, functional, and organizational components in both single-celled and multicellular animals.

The conclusion that all tissues are composed of cells was reached in 1839; this established the basis for the cell hypothesis. Schwann was also involved in the process of fermentation, during which he discovered the enzyme pepsin.

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Each component of a(n) budget is based on or provides input for another component. (Enter only one word per blank.)

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Each component of a(n) master budget is based on or provides input for another component.

What is budget?

Budget can be defined as process of planning on how to spend an amount over a particular period of time.

Hence, master budget enables companies or organization to forecast or plan the amount of money they intend to spend over a specific period of time.

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The following graph represents the demand and supply for pinckneys (an imaginary product). The black point (plus symbol) indicates the pre-tax equilibrium. Suppose the government has just decided to impose a tax on this market; the grey points (star symbol) indicate the after-tax scenario.

Answers

The  Deadweight loss and Producer surplus after the tax is imposed  mathematically are given as

D= C + EPS=FWhat is Deadweight Loss?

Generally, the equation for "Before the tax is levied, there is a consumer surplus." is  mathematically given as

X = A + B + C

and Before the tax was implemented, the total well-being

Y= A + B + C + D + E + F

Total well-being after the imposition of the tax

Z = A + B + D + F

In conclusion, Deadweight loss

D = Y-Z

D= (A + B + C + D + E + F ) - ( A + B + D +F)

D= C + E

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Miranda, a salesperson, plans to communicate sales messages and stories with her customers using a word picture. In order to conduct the session using a word picture, she should _____.

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In order to conduct the session using a word picture, she should paint as precise and reliable a picture as possible.

Click the Format tab after selecting the image you want to crop. Pick Crop from the drop-down menu. Select the desired shape from the drop-down menu by hovering over Crop to Shape. To fit the chosen shape, the image will be cropped.Use the mouse or touchpad to choose the items you want to align while holding down Shift. Pick either the Shape Format or the Picture Format. Choose Align. If Align isn't listed on the Shape Format tab, choose Arrange first, then Align.

What is Microsoft Word picture?You can add images to your document using Word, including company logos, photographs, and other images, to add interest or a more polished appearance. This article demonstrates how to insert a photo from a website.

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Though the deferred action for childhood arrivals program, or daca, enjoys generally broad public support, the state of texas and other states filed suit against the federal government to end its protections by making which claim?.

Answers

The Federal Government to end its protections by making The creation of the program by President Obama was a constitutional overreach.

What is DACA Program?

DACA  is Stand For Deferred Action for Childhood Arrivals. DACA is an administrative relief that protects eligible immigrants who came to the United States when they were children from deportation.

DACA gives undocumented immigrants:

Protection from Deportation.A Work Permit.

The program requires that the DACA status and work permit be renewed every two years.

The policy, an executive branch memorandum, was announced by President Barack Obama on June 15, 2012. U.S. Citizenship and Immigration Services (USCIS) began accepting applications for the program on August 15, 2012.

In November 2014, President Obama announced his intention to expand DACA to cover additional undocumented immigrants. Multiple states immediately sued to prevent the expansion, which was blocked June 23, 2016 by an evenly divided U.S. Supreme Court in United States v. Texas.

Eligibility:

To qualify for DACA, applicants must meet the following major requirements, although meeting them does not guarantee approval:

Have unlawful presence in United States after entering the country before their 16th birthday.Have lived continuously in the United States since June 15, 2007Were under age 31 on as of June 15, 2012 (born on June 16, 1981, or after).Were physically present in the United States on June 15, 2012, and at the time of making their request for consideration of deferred action with USCIS.Had no lawful status on June 15, 2012.Have completed high school or a GED, have been honorably. discharged from the armed forces, or are enrolled in school.

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it is your job to take customer orders and ensure items are in stock. it is alex's job to package and deliver those istemrs to the custmoer.

Answers

it's his job to take customer orders and make sure the items are in stock, his role is a stockist, and it's alex's job to pack and deliver these istemrs to the customer, he's a packer.

What are the functions of a stockist?

A stockist is responsible for managing the stock, receiving goods and knowing where each type of product is. This professional should organize the products and separate them by categories to make it easier to find them.

What is a packer?

The Packer packs, bags and boxes the goods. He also provides support by transporting products to the various areas of an establishment. In addition to checking the weight, prices and codes of the merchandise, this professional is responsible for forwarding documents, objects and serving customers.

With this information, we can conclude that his role is a stock clerk, and it is the job of packer Alex.

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A company is interested in buying a new machine to replace outdated equipment. Before committing to the purchase, the company asks the manufacturer to provide efficiency data. The data suggests that with supplied energy at a rate of 1,600 W, the machine will do useful work at a rate of 1,540 W. What's the efficiency of this particular machine

Answers

The efficiency of this particular machine is 96.25%.

Who is the manufacturer?A manufacturer is a person or a registered corporation that produces finished goods from raw materials in order to profit. Following that, the goods are delivered to wholesalers and retailers, who subsequently sell to clients. The products are displayed by sellers in physical stores or on third-party eCommerce platforms.To find the efficiency of this particular machine:

The mechanical efficiency = actual work / ideal work

So ζ = 1540 / 1600 × 100%

= 96.25%

Therefore, the efficiency of this particular machine is 96.25%.

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Which of these items is detrimental to the seller's bargaining position in the purchase contract during contract negotiations

Answers

The  items that are  detrimental to the seller's bargaining position in the purchase contract during contract negotiations are:

Credit terms and delivery terms and conditionsHow complaints will be resolvedDelivery schedulesHow the furniture will be designed

This is further explained below.

What are negotiations?

Generally, When there is a breakdown in communication, the term "negotiation of meaning" is used to describe the effort that must be done by interlocutors in order to come to an agreement with one another.

In conclusion, During the negotiating process for the purchase contract, the following are some of the factors that work against the seller's ability to strike a favorable deal:

Conditions pertaining to both credit and delivery may be found here.How concerns will be addressed and resolvedThe delivery timetablesThe manner in which the furniture will be fashioned.

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