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3 years ago

True or False

Business

2 answers:

Oksi-84 [34.3K]3 years ago

5 0

That statement is true

In business, A silent partner refers to part owners of the company that does not want to be involved in the decision making process. they only invest their capital and wait for the return.

This type of partner usually let other partners take care all of decision making. Because of this , radical change could be made even without consulting to the silent partner.

alukav5142 [94]3 years ago

4 0

This accusation is incorrect.

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Entrepreneurship can be very challenging. Which is not a typical challenge of being an entrepreneur?

lord [1]

Answer:

Financial reward is not a typical challenge

Explanation:

3 0

3 years ago

Shoreline Insurance deposited $27,000 in an account paying 4 compounded daily on April 2 and deposited an additional $4,200 in t

nydimaria [60]

Answer:

Balance on balance on July 1 is $31490.67

Explanation:

given data

deposited P = $27,000

time = April 2 to May 12 = 40 days

rate = 4 % = 0.04

solution

we get here first compound amount that is express as

amount = P × $(1+\frac{r}{n})^{nt}$ ...................1

put her value

amount = 27000 × $(1+\frac{0.04}{365})^{(365\times \frac{40}{365})}$

amount = $27118.60

and

now we add here $4,200 in $27118.60 that will be

new principal P = $31318.60

and time t = 12 may to July 1 = 50 days

we get here amount that is put value in equation 1 we get

amount = $31318.60 × $(1+\frac{0.04}{365})^{(365\times \frac{50}{365})}$

solve it we get

amount = $31490.67

so that balance on balance on July 1 is $31490.67

5 0

3 years ago

Which is NOT a major expense category?

bija089 [108]

Answer:

Explanation:

Food. Because you can get a Burger for a dollar..

8 0

3 years ago

Read 2 more answers

Southern Foods just paid an annual dividend of $1.10 a share. Management estimates the dividend will increase by 10 percent a ye

Gnoma [55]

Answer:

$16.21

Explanation:

Worth of the stock is the present value of all the cash flows associated with the stock. Dividend is the only cash flow that a stock holder receives against its investment in the stocks. We need to calculate the present values of all the dividend payments.

Dividend Payment $1.10

Growth rate first 3 years 10%

Growth rate first 4 years 3.2%

Required rate of return 12%

Dividend Discount Factor PV Factor

First year Dividend $1.21 0.892857143 $1.08

Second year Dividend $1.33 0.797193878 $1.06

Third year Dividend $1.46 0.711780248 $1.04

Fourth year Dividend $1.61 0.635518078 $1.02

Stock value after fourth year = $18.89 0.635518078 $12.00

Stock Value $16.21 

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2 years ago

ABC Steel Co. is considering buying a new machine in order to increase its production capacity using new technology. Details abo

stepan [7]

Answer:

payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years

Explanation:

given data

Purchase Cost = $300,000

Savings offered = $62,500 per year

Life of machine = 15 years

to find out

Payback period

solution

first we get here Payback period that is express as

Payback period = purchase cost ÷ savings ...........1

put here value we get

Payback period = $\frac{300000}{62500}$

Payback period = 4.8 years

and here payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years

7 0

3 years ago