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Basile [38]
2 years ago
5

ECONOMICS

Business
1 answer:
Nataly_w [17]2 years ago
5 0

The characteristic that describes a sole proprietorship makes a corporation sole proprietor. Option B. This is further explained below.

<h3>What is a sole proprietorship?</h3>

Generally, a sole proprietorship is simply defined as a kind of unincorporated firm in which the earnings are reported and taxed by the owner as a part of his or her personal income.

In conclusion, Individuals who hold single proprietorships are responsible for all financial obligations of the company.

When two or more individuals work together to run a company, they are said to be "in partnership."

Read more about sole proprietorship

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A 15-year, $1,000 par value zero-coupon rate bond is to be issued to yield 9 percent. Use Appendix B for an approximate answer b
REY [17]

Answer:

$274.54

Explanation:

Given:

n = 15 years

Future Value, FV = 1000

rate, r = 9%

Required:

Find the initial price of the bond

Given that we have a zero coupon bond here, it means the par value is paid at date of maturity, and no issuer pays no regular coupon payment.

To find the initial price of the bond, use the formula:

\frac{FV}{(1+r)^n}

Substitute figures:

\frac{1000}{(1+0.09)^1^5}

= \frac{1000}{(1.09)^1^5}

= \frac{1000}{3.642}

= 274.57

The initial price of the bond should be $274.54

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3 years ago
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Explanation:

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Which of these types of business law deals with trademark issues
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To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For
Gnesinka [82]

Answer: See explanation

Explanation:

A bond’s (face value) is generally $1,000 and represents the amount borrowed from the bond’s first purchaser.

A bond issuer is said to be in (default) if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue’s restrictive covenants.

A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a (sinking fund provision).

A bond’s (call provision) gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions.

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4 0
3 years ago
The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Calvin, Inc., a leadi
solong [7]

Answer:

ASSETS

<u>NON -CURRENT ASSETS</u>

Buildings and improvements                              195

Land and improvements                                       15

Other intangibles                                              1,359

Machinery, equipment, and software                418

Tools, dies, and molds                                          71

Accumulated depreciation                               (417)

Goodwill                                                              469

Accumulated amortization (other intangibles) (819)

TOTAL NON -CURRENT ASSETS                    1,291

<u>CURRENT ASSETS</u>

Inventories 300

Prepaid expenses and other current assets   165

Allowance for doubtful accounts                     (39)

Accounts receivable                                          641

Other noncurrent assets                                   210

Cash and cash equivalents                              636

TOTAL CURRENT ASSETS                             1,613

TOTAL ASSETS                                             2,904

Explanation:

Non-current assets are assets of a long term nature ,exceeding period of 12 months.

Current assets are assets of a short term nature, not exceeding a period of 12 months.

8 0
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