Answer:
A. -$272,638
Explanation:
Firstly, we need to calculate the total present value of initial investment plus all operating cost of the project. Then we will use that amount to solve for equal-amount annual operating cost.
Total present value of the project is -689,000 - 41,000/(1+13%) - 41,000/(1+13%)^2 + ... + 41,000/(1+13%)^4, or -810,953.32 (negative sign mean cost).
So, the equivalent annual cost of an oven is -272,638.
The equation solving problem can be made easily using Excel or BA II plus calculator.
Answer:
The correct answer is Corporations.
Explanation:
Corporate structure refers to how a business is organized to meet its objectives. The corporate structure of a business is important because it determines the ownership, control and authority of that corporation. These characteristics in a corporation are represented by 3 actors: Shareholders, Board of Directors and Directors. The ownership (the owners) are the shareholders. The control is executed by the board of directors on behalf of the shareholders, while the authority over the day-to-day operations is carried out by the Directors.
Answer:
The correct answer is letter "D": master limited partnership.
Explanation:
A Master Limited Partnership or MLP is a publicly-traded partnership in which the limited partnership interest is traded in much the same way as the corporate shares. In an MLP there are two groups of partners: <em>the general partner</em> -holding a small percentage- and the <em>limited partners</em> -controlling most of the partnership. The limited partners pay MLP revenue taxes on their personal income tax returns.
Answer: Parole evidence rule
Explanation: The parole evidence rule is an Anglo - American common law that determines what type of evidence can be brought forward when determining certain terms of an agreement (or contract). This rule basically states that once an agreement is finalised in writing between parties, then any evidence brought up against this agreement, whether it be orally or in writing, cannot change or add to the terms of the final exsisting contract (agreement) already drawn up. This applies to all written contracts regardless of whether it was stipulated in the contract or not.