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Lemur [1.5K]
4 years ago
6

What is a private limited company in simple terms

Business
1 answer:
Slav-nsk [51]4 years ago
5 0

Answer:

A private limited company is any small or medium scale business which is owned by a sole proprietor or a number of owners which are the shareholders. A private limited company is not on the stock exchange and its shares cannot be sold publicly. A private limited company has limited liability which means that the owners liability is limited to the business assets. A private limited company. A private limited company can have its own separate legal identity which would not be associated with it owner(s)

Explanation:

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At what governmental level are corporate charters issued?
kicyunya [14]

Explanation:

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6 0
4 years ago
As you move through your professional career, you will receive requests for favors and contributions. You will not be able to ho
Minchanka [31]

Answer:

A

Be direct with your response and don't beat around the bush, because that will make the person who has requested something bored and anticipating what has taken you so long to get to the point.

4 0
3 years ago
If a payback period for a project is greater than its expected useful life, the project's return will always exceed the company'
Rudiy27

Answer:

entire initial investment will not be recovered.

Explanation:

Payback period is one of the methods used in capital budgeting.

Payback period calculates how long it takes for the amount invested in a project to be recovered from its cummulative cash flows.

For example, if a project costs $360 and the cash flow each year for its 6 years useful life is $120. The amount invested would be gotten back from the cummulative cash flow in 3 years.

But if a project costs $360 and the cash flow each year for its 2 years useful life is $120. The amount invested would never be gotten back the cummulative cash flow. Therefore, the entire investment amount will never be entirely recovered.

The project will always not be profitable

I hope my answer helps you.

3 0
3 years ago
A key determinant of the price elasticity of supply is the a. extent to which buyers alter their quantities demanded in response
inessss [21]

Answer:

d. length of the time period.

Explanation:

The price elasticity of the supply measures the percentage change in the quantity supplied with the percentage change in price

In arithmetically,

The price elasticity of the supply = (percentage change in the quantity supplied ÷ percentage change in price)

It  indicates a direct relationship between the quantity supplied and the price.

Moreover, the key determinant of the price elasticity of supply is time period

6 0
4 years ago
Flagg records adjusting entries at its December 31 year-end. At December 31, employees had earned $12,000 of unpaid and unrecord
mamaluj [8]

Answer:

The journal entry for the following is shown below:

Explanation:

The journal entry for the salary which is paid on January 3 is as:

January 3

Salaries expense A/c..........................Dr     $30,000

             Cash A/c..............................................Cr    $30,000

As the salary is paid worth $30,000, so the salary expense is decreasing and any decrease in expense is debited. Therefore, the salary expense account is debited. And it paid against the cash and the cash is going out of the business and any decrease in cash will be credited. Therefore, the cash account is credited.

3 0
4 years ago
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