Answer:
(c) pierce the corporate veil due to Sarah's commingling of interests
Explanation:
Commingling of interests usually occurs when an investment manager or realtor combines client money with their own or their firm's, in violation of a contract. This can occur in legal cases, corporate client accounts and real estate transactions. For example in this case Sarah has violated her rights as a realtor by routinely using their company funds for her own personal uses.
Answer:
amortization expense is $36000
Explanation:
given data
purchased = $180000
time = 5 year
to find out
amount recorded as amortization expense
solution
we know here purchased patent for 180000 and here life is 5 years
so here
amortization expense will be purchased / time
amortization expense = purchased / time
amortization expense = 180000 / 5
so amortization expense is $36000
Answer:
$30,000
Explanation:
The computation is shown below:
As we know that
Current ratio = Current assets ÷ Current liabilities
Current assets = 3.4 × Current liabilities
Now the
Acid-test ratio = Quick assets ÷ Current liabilities
2.8 = Currents assets - inventory ÷ Current liabilities
2.8 = 3.4 × Current liabilities - $18,000 ÷ Current liabilities
2.8 × Current liabilities = 3.4 × Current liabilities - $18,000
After solving this, the current liabilities is $30,000
Answer:
The correct answer is letter "B": develop a business plan.
Explanation:
Entrepreneurs who lack funds to start their ventures should develop a business plan so it can be presented to prospective investors who will decide if the venture is of their interest or not. The business plan should include the mission and vision of the business as well as a <em>SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis</em> explaining how the business will mitigate its risks and maximize its benefits.
The business plan should be innovative in Peppy's case since pizzerias are very common, thus, Pepe's Pizzazzeria must have a clear competitive advantage to face competitors.
Answer:
A. policy
Explanation:
A deliberate plan or course of action chosen by an individual or a group of people intended to deal with a problem, influence and determine decisions, actions, and other matters is known as policy.
