Answer:
A trust
Explanation:
A trust is a kind of business that acts as a fiduciary or a trustee of property on behalf of another party.
Typical functions of a trust includes administration and management of the business.
The assets are eventually meant to be transferred to another person.
In the given scenario Hannah is running a hospitality business which she recieve backing from investors.
The investors have entrusted Hannah with the running of the business. So this is a trust
Answer:
underrepresented student scholarship.
The author used his word choice to darken the tone of this excerpt.
Before the foundation of the United States, the Kingdom of Britain owned the 13 colonies on the East shore of North America. Those colonies were separated into 3 regions: the New England, the Middle Colonies, the Southern Colonies. Economic activities and trade was dependent of the environment in each of those regions. Economy in the New England : ship building industry, fishing, trade. Economy in the Middle Colonies: farming, lot of jobs for skilled workers. Also merchants invested money in colonies. In the Southern Colonies: cotton and tobacco-industry. The economy impact the livelihood of the original 13 colonies by giving jobs and money to the colonists.
Answer:
Equity Beta = 1.1413
Explanation:
The formula to find the asset beta is
Asset Beta = Equity Beta/(1+(1-tax rate)(Debt/Equity))
We will put the values given in the question in this formula
Asset Beta = 0.8
Tax rate = 0.36
Debt = 0.40
Equity = 0.60
0.8=Equity Beta/(1+(0.64)(0.40/0.60)
0.8=Equity Beta/1+0.4266
0.8=Equity Beta/1.4266
1.4266*0.8= Equity Beta
Equity Beta = 1.1413