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lidiya [134]
4 years ago
7

List three disadvantages to sole proprietorships.

Business
1 answer:
pochemuha4 years ago
7 0
<span>unlimited liability is one of the main ones, It is difficult to find outside investors and you are liable for all of your own debts</span>
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According to circus founder P. T. Barnum, what happens without publicity?
almond37 [142]

Answer:

<em>"A terrible thing happens without publicity...</em><em>nothing</em><em>!"</em>

3 0
3 years ago
Read 2 more answers
Suppose you know that a company’s stock currently sells for $66.90 per share and the required return on the stock is 9 percent.
klemol [59]

Answer:

$2.88 per share                  

Explanation:

The computation of the current dividend per share is shown below:

As we know that

Cost of equity = Next year dividend ÷ current stock price + growth rate

Since the cost of equity is 9%

So growth rate = 4.5%

And, the Next year dividend ÷ current stock price = 4.5%

Therefore,  the next year dividend is

= $66.90 × 4.5%

= $3.0105

And, the current year dividend is

Next year dividend = Current year dividend × (1 + growth rate)

$3.0105 = Current year dividend × (1 + 4.5%)

So, the current year dividend is $2.88 per share

3 0
3 years ago
A customer buys 5 ABC Jan 30 Straddles for a total premium of $3,500. Just prior to expiration ABC stock closes at $21, and the
xeze [42]

Answer:

A) $1,000 gain

Explanation:

When a client buys a straddle, he is purchasing a call and a put option on the same stock with the same strike price and expiration date.

this client bought 5 ABC Jan 30 calls  and 5 ABC Jan 30 puts:

each contract was worth $700 (= $3,500 / 5 contracts)

If the price of the stock fall below $30, the call option will not be taken, but the put option will be enforced. Since the value of the stock is $21, this means that the put option resulted in a $900 profit (= ($30 - $21) x 100).

The client paid $700 for each option, therefore his profit per option = $900 - $700 = $200

His total profit = $200 x 5 options = $1,000

8 0
4 years ago
On January 1, 2017, Shamrock Inc. issued $400,000 of 7%, 5-year bonds at par. Interest is payable semiannually on July 1 and Jan
balandron [24]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $400,000

           To Bonds payable  $400,000

(Being the bond is issued for cash)

For recording this we debited the cash as it increased the assets and at the same time it increased the liabilities so the bond payable is credited

On July 1

Interest expense  $14,000

             To Cash  $14,000

(Being the payment of interest is recorded)

The computation is shown below:

= $400,000 × 7% × 6 months ÷ 12 months

= $14,000

For recording this we debited the expenses as it increased the expenses and at the same time it decreased the assets so the cash is credited

On Dec 31

Interest expense $14,000

           To Interest payable $14,000

(Being the accrual of interest is recorded)

For recording this we debited the expenses as it increased the expenses and at the same time it increased the liabilities so the interest payable is credited

4 0
4 years ago
________ databases are the most commonly used electronic databases.
irina [24]

The answer to this question is a relational database. A Relational database is a computer database that is stored in which information and data that is stored have a relation with each other. Relational database is also a set of tables, records, and columns. The software that is used in a relational database is called a relational database management system or RDBMS. 

5 0
4 years ago
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