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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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Ruth markets rock concerts. She is looking for a company that will handle all of the various mailings needed to promote the purc

Pavel [41]

Answer: Emotional need

Explanation: In simple words, emotional needs refers to the craving that does not have any logical explanation but when they are satisfied , the individual feels happy and secure.

In the given case, Ruth wants to use resources that were related to her friend which is not a logical explanation but still doing this makes her happy.

Thus, the given case depicts emotional need.

3 0

3 years ago

1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a c

nevsk [136]

The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.

<h3>Who is cashier?</h3>

A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.

A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.

Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.

Learn more about cashier here:

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4 0

3 years ago

Listed below are the transactions that affected the shareholders' equity of Branch-Rickie Corporation during the period 2021-202

Zina [86]

Answer:

dividends 55.5 million debit

dividends payable 55.5 million credit

--Nov 1st, 2021--

dividends payable 55.5 million debit

cash 55.5 million credit

dividends 2,600,000 debit

dividends distributable 2,600,000 credit

--March 1st--

dividends distributable 2,600,000 debit

Warner Securities 2,300,000 credit

Gain on Investment 300,000 credit

--April 5th--

dividends 119.88 million debit

cash 11.88 million credit

common stock 18 million credit

additional paid-in CS 90 million credit

dividends 58.5 debit

Dividends Payable 58.5 credit

--Nov 1st

Dividends payable 58.5 million debit

cash 58.5 million credit

--Dec 1st--

e) NO ENTRY REQUIRED

dividends 61.425 debit

Dividends Payable 61.425 credit

--Nov 1st

Dividends payable 61.425 million debit

cash 61.425 million credit

--Dec 1st--

Explanation:

a) 111 millions shares x $0.50 = $55.5 millions

111 millions x $18 per share x 6% = 119.88 millions

660,000 x $18 = 11.88 millions

net: 119.88 - 11.88 = 108 millons on shares

$108 millons / $18 per share = 6,000,000 shares

111 + 6 new shares = 117 shares

$117 x $0.50 = $58.5 millons

f) 3-2 split gives 3 shares for every 2 shares

117 x 3/2 = 175.5 millons

175.5 millions x 0.35 per share = 61.425 million cash dividends

7 0

3 years ago

Cindy has pumped over $850,000 into a small business that has consistently lost money every year it has been open. She reasons t

Diano4ka-milaya [45]

Cindy's reasoning illustrates: <u>sunk-cost fallacy</u>.

<u>Explanation</u>:

The term fallacy refers to failure in reasoning and mistaken belief. A sunk cost is a cost incurred in the business that cannot be recovered. The cost invested in the business and lost is referred as sunk cost.

Sunk cost fallacy gives false hope to the people about their investment plan in business and makes them take wrong decision.

In the above scenario, Cindy invested $850,000 into the business. She faced loss continuously and lost her money. But she stills thinks on investing in her business instead of selling it.

7 0

3 years ago

Selvig and Anzer, a military weapons manufacturer, is divided into different organizational units—the S&A Logistics, which h

Marysya12 [62]

Answer:

departmentalization

Explanation:

The departmentalization is a means to organize the activities of the company, in order to facilitate the achievement of its objectives, it consists in the coordination in the combination and / or adequate grouping of the activities necessary for the organization in specific departments.

6 0

3 years ago