3 years ago

Distinguish between limited and unlimited liability

1 answer:

5 0

This relates to liability of business owners. When a company has unlimited liability and starts losing money, the owners can be personally liable for losses meaning their home and personal assets could be lost. Limited liability means they can only lose the amount that they invested in the company and none of their personal assets.

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Sheila is hosting a large diplomatic event and needs to increase her inventory of dinnerware sets. She has set a $1925 budget an

svp [43]

Answer:

Demand curve for Sheila's plates and cups

$Q = 22.5 - \frac{1}{2}P$

Explanation:

we have to write the demand function for Shiela's

$Q = b - aP$

we solve for a solving for the line that cross two points:

$\frac{P_2-P_1}{Q_2-Q_1} = a$

$\frac{25 - 35}{35 - 30} = a$

$\frac{-10}{5} = a$

$- \frac{1}{2} = a$

Then we solve for b:

$35 = b - 1/2(25)$

$35 - 1/2(25) = b$

b = 22.5

Last we build the demand curve

$Q = 22.5 - \frac{1}{2}P$

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3 years ago

The revenues and expenses of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $900,000 Office expens

velikii [3]

Answer:

expense 15,000 Wages expense 450,000

Explanation:

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2 years ago

Which of these careers requires several years of school beyond a four-year degree?

IceJOKER [234]

I'm not sure, but I think that it is D. Lawyer

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3 years ago

6. Which of the following are examples of possible fixed costs? Rent Property taxes Both of the above ONone of the above 3

svetlana [45]

I believe it’s rent have a good one!

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2 years ago

Scottie Adams Bird Supplies issued 14% bonds, dated January 1, with a face amount of $140,000 on January 1, 2021. The bonds matu

Georgia [21]

Answer:

$156,058

Explanation:

Missing word "PV of annuity due of $1: n = 20; i = 6% is 12.15812 *PV of ordinary annuity of $1: n = 20; i = 6% is 11.46992 **PV of $1: n = 20; i = 6% is 0.31180"

n = 20, i = 6%

Periodic interest payments of the bonds = Face value of the bonds * Stated rate of interest * 6 months/12 months

= $140,000 * 14% * 6 months/12 months

= $9,800

Cash Flow Amount Table Value Present Value

Interest payments $9,800 11.46992 $112,405

Maturity Value $140,000 0.31180 $43,653

Issue Price of the bonds at January 1, 2021 $156,058

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3 years ago