Based on the given scenario above, the correct answer for this would be option A. So based on Jessica's situation, the condition that the scenario describes would be UNLIMITED PERSONAL LIABILITY. Unlimited liability<span> refers to the legal obligations that one must assume. Hope this is the answer that you are looking for. </span>
Accord According to the California Insurance Code, any individual who unwilfully takes part in an out of line strategy for rivalry is obligated to the state for a fine of up to $5,000 per infringement. In the event that the demonstration is resolved to be headstrong, the fine won't surpass $10,000 per act.
Answer:
$117,800
Explanation:
GDP formula is:
GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)
Last year, C= $69,000 and it increased 10% (100%+10%=110%),
This year: C= $69,000*1.10= $75,900.
Last year: I= $18,000 and it decreased 5% (100%-5%=95%).
This year: I= $18,000*0,95= $17,100
Last year: G=$19,000 and it increased by 20% (100%+20%=120%)
This year: G= $ 19,000*1.20=$22,800
Last year: X-M= $2000 and it remained the same
This year: X-M= $2000
Current year´s GDP= $75,900+$17,100+$22,800+$2000= $117,800
Answer & Explanation:
<u>Operating Activities</u>
services collected 25,000
salaries paid (14,000)
utilities paid (2,800)
cash generated from operating activities 8,200
<u />
<u>Investing activities</u>
proceeds from land 9,000
purchase of land (6,000)
cash generated from investing activities 3,000
<u />
<u>Financing Activities</u>
issuance of stocks 50,000
bank loan 5,000
payment on loan (10,000)
dividends paid (5,000)
cash generated from financing activities 40,000
Total cash generated for the year ended December 31th, 2018 51,200
beginning balance 9,200
ending balance 60,400
Notes: Activities related to the daily operation wil lbe operating activities.
The transaction involving long-term assets will be investing activities
The stocks, dividends and loan, loan payment are financing activities for the company.
This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.
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What is business? </h3>
Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".
A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.
A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.
A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.
To learn more about Business refer to:
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