Answer:
1. No match.
2. Rebate.
3. No match.
4. No match.
5. Lease.
Explanation:
1. No match: This is the worth of the leased asset after the lease period expires.
- The worth of the leased asset after the lease period expires is known as Residual value.
2. Rebate: This is a partial refund offered to attract the buyer to purchase the vehicle.
3. No match: This is the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.
- Capitalized cost refers to the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.
4. No match: This is the advertised retail price listed on a particular vehicle for sale.
- Sticker price is the advertised retail price listed on a particular vehicle for sale.
5. Lease: This is a contract which allows the lessee (consumer) to use the asset, such as car, land, services etc., in return for a specific amount paid periodically.
A sole proprietorship has the single owner of the business and the main goal of the owner is to increase the value of his capital invested in the business which is also called as Equity.
The objective of maximization include the maximization of net income given the current resources of the firm
A proprietorship has only one owner so there is no need to decrease long-term debt to reduce the risk to the owner.
The proprietor wants to earn more income and he will have to pay more taxes so the goal is not to minimize the tax impact on the proprietor.
Similarly, the goal is also not to minimize the reliance on fixed costs.
Hence the correct answer is:
Maximize the market value of the equity
Answer:
$205,200
Explanation:
Calculation of Pension Expense
Service Cost $198,000
Interest cost $33,000
Expected return on the plan assets <u>($25,800)</u> (258000*10%)
Pension Expense <u>$205,200</u>
So therefore, the pension expense for the year is $205,200.
Answer and explanation:
In Joan's case, a general partnership will provide her control over her business that will be shared with the older gentleman who owns a jewelry store. Profits would be distributed evenly regardless of the contribution of each partner in the business. However, the older gentleman has offered Joan the chance of purchasing his share later on which would provide her the total control of the business and the patent of her creation.
The other option Joan has available is purchasing a franchise. This will allow Joan to avoid the initial costs of introducing her products to the market and the risks of not having enough consumers since her brand name is new. Though she will lose access to the patent of her creation and periodically Joan will need to pay NewJewelry a fee for using its name.
Therefore, <em>as Joan prefers to have control over her designs, it would be more convenient for her to choose the general partnership.</em>
