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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

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Photochronograph corporation (pc) manufactures time series photographic equipment. it is currently at its target debt-equity rat

vekshin1

Answer: NPV: $8,430,000

Explanation:

Initial Investment: -$55,000,000

After Tax cash flows: $7,400,000

Calculation of the Weighted Average Cost of Capital:

Cost of Equity (ke) : 15%

Pre Tax Cost of Debt (kd): 7%

65 or 26.99% [/tex]

Since the tax rate is not given, let us assume tax rate to be 30%

Tax rate : 30%

Post tax long term debt = 7%*(1-0.30)

Post tax long term debt (kd) = 4.90%

Debt/Equity: 0.45 or 45%

$Weight of Equity = Equity / (Debt + Equity) Weight of Equity = 1 / (0.45 + 1) Weight of Equity (We) = 0.689655 or 68.97%$

$Weight of Total Debt = Debt/ (Debt + Equity) Weight of Total Debt = 0.45/(1+0.45) Weight of Total Debt = 0.310345 or 31.0345%$

Long term Debt to Accounts Payable ratio : 0.15

$Long term debt = 1/(1+0.15) Long term debt = 0.869565$

Weight of Long term debt for the purpose of calculation of Weighted Average cost of capital:

$Weight of Long Term debt = 0.310345 * 0.869565 Weight of Long Term Debt (Wd) = 0.2698$

Weighted Average Cost of Capital = Weight of Long term debt (Wd) * Post tax long term debt (kd)+ Weight of Equity (We)*Cost of equity (ke)

where, Wd = 26.9865%

We = 68.9655%

kd = 4.90%

ke = 15%

By input the variables, into the formula of WACC, $WACC = 4.90%*0.269865 + 15%*0.689655 WACC = 0.013223 + 0.103448 WACC = 0.1167 or 11.67%$

Using the WACC for the calculation of NPV:

NPV = Present Value of cash flows - Initial Investment.

$NPV = $7,400,000/0.1167 - $55,000,000 NPV = $63,430,000 - $55,000,000 NPV = $8,430,000$

Therefore NPV of the project is $8,430,000 assuming the tax rate to be 30%

5 0

3 years ago

The full-production level of our economy implies ____.

drek231 [11]

Food because food is life

3 0

4 years ago

At the end of this month, les will start saving $200 a month for retirement through his company's retirement plan. his employer

OLga [1]

The answer is 74,970

You would take $200 multiply it by 12 (months) to get 2,400/year.
Then take 2,400 and multiply it by 30 to get 72,000

Then take 72,000 and multiply it by .0825 to get 5,940

Divide that in half to get 2,970

Take 72,000 + 2,970 = 74,970

3 0

4 years ago

Revenue is recognized in the accounting period in which the performance obligation is satisfied. This statement describes thea)

melomori [17]

Answer:

This statement describes. c) revenue recognition

Explanation:

The revenue recognition principle states that one should only record revenue when it has been earned, not when the related cash is collected.

6 0

3 years ago

Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J

posledela

Answer:

I believe the correct answer is c

Explanation:

3 0

4 years ago