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m_a_m_a [10]
2 years ago
6

Emmanuel, a diligent computer programmer at the age of 28 years old has acquired advanced programming skills over the years. How

ever, he is rather introvert and therefore, has few friends. Although he has performed system support services to many organizations, he has not established very close contact with any of them. Emmanuel has been thinking of setting up his own business for some years. Being a frugal person, he has managed to save $40,000 and intends to sell off his superbike for $10,000 to add to the start-up cost. Unfortunately, he does not have much financial knowledge at all, and he is not an experienced manager. Understanding business is extremely important, this may include the overall approach of choosing the right startup for the business, the different functions of business and how will it go about when the business operations kick off. 1. From the given scenario, choose and assess the form of business ownership that is most appropriate for Emmanuel, (12 marks)​
Business
1 answer:
sergeinik [125]2 years ago
3 0

Answer: Sole proprietorship

Explanation:

Since Emmanuel is a lone person and has no connections, a sole proprietorship is an answer. He will be able to control everything but that also means that if he has liabilities, only he will have to be responsible for them.

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If a college sets its tuition __________ the equilibrium tuition, then it will have to use some form of nonprice-rationing devic
ValentinkaMS [17]

Answer:

below

Explanation:

<h2><u>Multiple choice </u></h2>

If a college sets its tuition<u> below</u>  the equilibrium tuition, then it will have to use some form of non price-rationing device to determine who will be accepted for admission to the college.

3 0
3 years ago
ack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today
VARVARA [1.3K]

Answer:

The amount of unrealized capital gains he will have after the dividend payment is $1,200.

Explanation:

Apple stock price per share today = $218

Dividend per share = $2

Apple stock ex-date price per share = Apple stock price per share today - Dividend per share = $218 - $2 = $216

Unrealized capital gains = Number of Apple stock shares purchased * (Apple stock ex-date price per share -  Price per share at which Apple stock shares were purchased) = 200 * ($216 - $210) = 200 * $6 = $1,200

Therefore, the amount of unrealized capital gains he will have after the dividend payment is $1,200.

4 0
3 years ago
Blue Spruce Company has the following information available for September 2017.
slega [8]

Answer:

$140

450

Explanation:

unit contribution margin = price - Unit

Variable costs = $468 - $328 = $140

Breakeven point is the number of units produced and sold at which net income is equal to zero.

Q = F / P - V

$63,000 / 140 = 450

I hope my answer helps you

5 0
3 years ago
What three words would you use to describe the culture you would foster at your company? explain why you chose each word to repr
VashaNatasha [74]

Transparent, involved, & Empathetic

Transparent – The employees feel a sense of trust in a transparent culture, since they can express their thoughts.

Involved – in helps us employees who have the same shared interest since we are offered a lot of on the job learning and training programs

Empathetic – Our develops need to understand how the users are interacting with our software so can they can improve the product we are selling. When our managers recognize the concerns, they are most effective in that instance.


3 0
3 years ago
Chattanooga Company purchased a depreciable asset for $80,000 on January 1, 2015. The estimated salvage value is $20,000, and th
zimovet [89]

Answer: $17,333

Explanation: The above answer can be calculated as follows :-

Depreciation till  =\frac{80,000\:-20,000}{5}\:\times 2\:=\$24,000

2015 TO 2017

now,

value of asset in 2017 = $80,000 - $24,000 + $16,000 = $72,000

therefore,

Depreciation in 2017 =\frac{72,000\:-20,000}{3}\:\times 2\:=\$17,333

4 0
4 years ago
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