Answer:
False
Explanation:
The characteristics of a sole proprietorship are as stated below;
- Sole proprietorship is the simplest and easiest form of business setups
- The personal responsibility of the owner are unlimited.
- The business is owned by one person
- The business is taxed based on the personal income of the owner
From these characteristics, if the sole proprietorship acquires a legal business name, the owner then has unlimited liability.
Answer:
D. Futures
Explanation:
If an investor possesses a portfolio heavily concentrated in Certificates of Deposit, a financial advisor will most likely suggest "Futures" aggressive investments to diversify the portfolio. Certificates of deposit hold savings certificates that have a fixed maturity rate furthermore a defined fixed interest rate. This certificate can be claimed in any value aside from merest investment provisions. A futures agreement grants you the freedom to acquire a specific commodity either financial instrument toward a succeeding date, and thou consent to hold that agreement.
Answer:
profitability ratio
Explanation:
The most meaningful way to do this would be by reporting strong profitability ratios. These are standard ratios that are used by corporations to try to evaluate the overall financial condition of a corporation or other organization. Reporting a strong profitability ratio would show the shareholders of the company that under the direct guidance of the top managers the Highbrow Bookstores have become much more profitable in comparison to previous financial quarters.
Answer: c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.
Explanation:
The options to the question are:
a. This is a new company and new position, Mary will need to compelete a new CPT application.
b. Nothing has changed, Mary does not need to provide any updates.
c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.
d. Mary can call campus and just tell someone.
From the question, we are informed that Mary Ling works for XYZ Corporation, LLC and they have just merged with ABC, Inc. In this case since there is a merger, Mary has to send official documentation to the DAO in order to notify them about the merger and the change of name of the company. When the documents are received by the DSO, it'll be processed and the change will be effected in the student's record.
Answer:
the increase in additional paid in capital is $13,000
Explanation:
The computation of the increase in additional paid in capital is shown below:
= (Average price per share - par value of shares) × number of shares
= ($21 - $8) × 1,000
= $13 × 1,000
= $13,000
hence, the increase in additional paid in capital is $13,000
