All categories

3 years ago

Why would a sole proprietorship or partnership need to submit a DBA form for the company?

2 answers:

7 0

If you’re a sole proprietorship or general partnership, you’ll need to file a DBA if you want your company to operate under a name that’s not your full, legal name, or your partner’s name. That’s because sole props and GPs are unincorporated, and they don’t need to file entity formation papers, and a business entity name, with the state. (Though they do still need to acquire the necessary business licenses and permits.)

So, they and their business are one in the same entity—which means they and their business have the same name, too—unless they file a DBA.

I hope it helped you!

sweet [91]3 years ago

3 0

you would need it to get your certification

You might be interested in

If the current interest rate is 5% and your semi-annual coupon paying bond has a duration of 5.33 years, how much will the price

Serhud [2]

Answer:

Percentage change in price = -5.33 * 0.00005

Explanation:

Percentage change in price = - modified duration * (Change in yield in BP/100)

Percentage change in price = -5.33 * ((0.01/2)/100)

Percentage change in price = -5.33 * (0.005/100)

Percentage change in price = -5.33 * 0.00005

7 0

3 years ago

A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest of the adult pop

Serggg [28]

The unemployment rate is calculated as the number of eligible persons that are unemployed.

So we would need to remove all the population that is out of the workforce (those who are not eligible to work like the elderly or children).

We know that the total population is 8,000,000 and we can account for 5,500,000 of them so the eligible population of workers is 5,500,000.

If 500,000 of them are unemployed, the rate would be 500,000/5,500,00 or 9%

To find the share of the labor force, take the total eligible (5,500,000) divided by the total population (8,000,000)

5,500,000/8,000,000 = 68.8% of the total population is in the labor force.

5 0

3 years ago

A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,

Brut [27]

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

4 0

3 years ago

Howard wants to buy a commercial building but does not have enough cash. He decides to bring in partners to help fund the equity

damaskus [11]

Answer:

Venture Capital

Venture capital is the type of partnership in which two or more than two firm or people invest in a project or assets that has higher tendency of returns payback.

5 0

3 years ago

Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?Year 0 1 2 3Cash flows

boyakko [2]

Answer:

c. 2.36 years

Explanation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $750

In year 1 = $300

In year 2 = $325

In year 3 = $350

If we sum the first 2 year cash inflows than it would be $625

Now we deduct the $625 from the $750 , so the amount would be $125 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $350

So, the payback period equal to

= 2 years + ($125 ÷ $350)

= 2.36 years

In 2.36 yeas, the invested amount is recovered.

3 0

3 years ago