Well there are basically three types of budgets such as balanced budget, surplus budget and deficit budget
Explanation:
Answer:
See the excel spreadsheet attached.
Anticipated profit/(loss) is ($20,000).
Explanation:
The net profit/(loss) is the difference between the total sales and total cost. The total sales is computed as the product of the sale of each book and the number of books sold. The total cost is the sum of the variable and fixed costs.
The total variable cost is the product of the variable cost per book and the total number of books sold.
Alternatively, sales less variable cost gives contribution margin. Contribution margin less fixed cost gives the net profit. As shown in the spreadsheet attached.
Answer:
c. It is usually easier to transfer ownership in a corporation than in a partnership
Explanation:
(A) (D) <em>Shareholders has limited liability</em>. It is the partnership members which has unlimited liability.
(E) Corporations, because manage large sum of capital<em> are more regulated.</em>
(B) Corporation can lobby to get tax exemption, also the income tax scales with income, not with business legal form. <em>There is no tax disadvantage</em>
(C) In a Corporation you can sale your shares (right of ownership) any time in open market. While in a partnership there are restrictions from you leaving right away.
The answer is intragroup conflict
I hope that helped
Answer:
C- The term structure of interest rates and the time to maturity are always directly related
Explanation:
The term structure of interest rates represents the relationship that exist between interest rates and different terms (maturities). When it is graphed, the term structure receive the name of "yield curve".
Generally, yields increase at the same time maturity does it, this create an upward-sloping yield curve or a normal yield curve. But occasionally, long term yield can fall below short term yields, and this create an inverted yield curve that is regarded as it a recession is likely occurring or approaching.