I think that most of the people borrow money for large purchases instead of using a sinking fund because if you need money immediately borrowing money is a simple and easy thing, it takes less time whereas if you use sinking fund, it will take more time because for this you have to make plans earlier but it is a safe and protected method for clearing the debts.
Answer:
Sole proprietorship
Explanation:
If you want to minimize taxes and avoid double or even triple taxation, your options are a sole proprietorship, a partnership (general or limited liability) or a limited liability company. The IRS considers them pass through entities, so they are not taxed directly, you are.
But if you want to exercise total control over your business, the options narrow down to only a sole proprietorship because all the others involve other people being co-owners of the business.
Answer:
The GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.
Explanation:
This can be calculate using the following formula:
Real GDP in year five = Nominal GDP in year five / (GDP price deflator in year five / GDP price deflator in year-one) ................... (1)
Where;
Real GDP in year five = Amount of GDP in year five, stated in terms of year-one dollars = ?
Nominal GDP in year five = $15 trillion
GDP price deflator in year five = 125
GDP price deflator in year-one = 100
Substituting the into equation (1), we have:
Real GDP in year five = $15 / (125 / 100) = $15 / 1.25 = $12 trillion
Therefore, the GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.
Answer:
<h2>The correct answer for the given question is False or option b. in the answer list.</h2>
Explanation:
- In business,worldwide area structure or global area structure refers to the business operation of the multinational global companies within a specific or definite geographical area or a region.However,it can still maintain its operational activities in the domestic country or the country of its origin,which is the main existing market where it operates.
- The specific area or region under worldwide area structure can be a particular country or multiple countries where the company or business organization can expand its operational reach.
- The company can decentralize its course of conduct and modes of operation by establishing separate departments,subsidiary units and divide or allocate work responsibilities among those respective departments to facilitate the functioning of its overseas business operations.
Answer:
Assets would be increased by $15,000 while owner's equity will also increase by $15,000.
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets, liabilities and owner's equity.
it is given as
Assets = Liabilities + Owners equity
When a business owner invests an amount into a business, it means money is available for the business to operate hence cash is recognized as an asset. However, the owners equity also goes up by the amount invested.
