Answer:
Mary and Ted need to determine the type of partnership business they plan to enter into, if it is a <em>General Partnership, Limited Partnership and Limited Liability Partnership.</em>
The type of partnership business will determine their individual liabilities, in the event the business folds up. Furthermore, In a bid for Mary and Ted to answer questions like,"What is the worst that could happen if we fail, they will need a partnership agreement, which states the terms of agreements of each partners.
Explanation:
Mary and Ted need to determine the type of partnership business they plan to enter into, if it is a <em>General Partnership, Limited Partnership and Limited Liability Partnership.</em>
The type of partnership business will determine their individual liabilities, in the event the business folds up. Furthermore, In a bid for Mary and Ted to answer questions like,"What is the worst that could happen if we fail, they will need a partnership agreement, which states the terms of agreements of each partners.
Answer:
See below
Explanation:
1. Returns on assets
= Annual net income ÷ Average total assets
Average total assets = beginning asset + ending assets ÷ 2
= ($80 million + $88 million) ÷ 2
= $84 miiliom
Return on assets = $13.4 million ÷ $84 million
Return on assets = $159.52
2. Profit margin
= Net income ÷ Net sales
= $13.4 million ÷ $114 million
= 11.75%
3. Assets turnover ratio
= Net sales ÷ Average total assets.
Recall Average total assets = $84 million
Average turnover ratio
= $114 million ÷ $84 million
= 1.36 times
Answer :
Money accumulated at retirement after 40 year = $773,809.83
Explanation :
As per the data given in the question,
Present value of future deposits = $5,000 ÷ (1+6%) + $5,000 ÷ (1+6%)^2+... +$5,000 ÷ (1+6%)^40
= $75,231.48
Future value of deposit is
= Present value × (1 + interest rate)^number of years
= $75,231.48 × (1+6%)^40
= $773,809.83
Hence, Money accumulated at retirement after 40 year = $773,809.83
Answer:
D
Explanation:
Encoding the message
Encoding p is the act of converting the idea into words pictures or gestures that will convey meaning. It consists in changing the information into some form of logical and coded message.
The encoding process is all about the purpose of communication and the relation between the sender and the receiver. In a formal situation, encoding involves:
Making sure a language is selected, selecting a medium of communication; and selecting an appropriate communication form