The answer is <span>A. to develop the central idea of hiking preparedness</span>
Answer:
50%
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin ratio = (price - variable costs) / price
variable cost = 80 - 20 = 60
price = 120
(120 - 60) / 120 = 50%
Answer:
e. $20
Explanation:
The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000) and then divided by the number of shares issued (5,800,000) .
The fund's net asset value is $20
Answer:
$7,000 $-0-
Explanation:
For Rayburn to know what to record from the cash distribution, he will need to subtract his basis in the stock from the cash distribution he receives
Therefore $22 000 - $15 000 = $7 000.
And Newcastle has no income =$-0-
Answer:
1. Sole Proprietorship
2. Limited Liability Company (LLC)
3. Corporation
Explanation:
1. Sole Proprietorship - This is also called a one-man business. It could be your small neighbourhood store and so on. It is usually owned and run by the same person. The owner has unlimited liability and thus can lose his/her personal properties where the business is in debt.
2. Limited Liability Company (LLC) - these are private limited liability companies, and as name implies, the liability of its members is limited to the amount they contribute to the business. The Company is a legal entity and can own, buy and sell properties in its name
3. Corporation - This is a public company, its share is quoted on the stock exchange and can be freely traded. The ownership (shareholders) of the public corporation is different from those who run them (management). The Company is a legal entity and can own, buy and sell properties in its name
