A firm owned by a single person who has unlimited liability for the firm's debt is called a: sole proprietorship
What is a sole proprietorship?
A sole proprietorship is a one man business where the owners the entire the business, contributes all finances as well as unlimited liability for the debts of the business.
This means that when the assets of the business are not enough to settle its debts, the owners would pay the excess debts from their private account or using their personal assets to settle firm's debts
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Answer:
The statement is: True.
Explanation:
Audience adaptation is the technique in which speakers engage the topic they will talk about with the audience in front of them. There are four steps in achieving that engagement starting by <em>portraying the relevance of the subject, then facilitating comprehension of the topic, joining the audience with the subject, to finally provide proof to confirm the information provided is reliable</em>.
Answer: b. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC
Explanation:
The optimal capital structure is simply defined as the capital structure of a company that's made up of debt and equity which helps a business in achieving its aim.
The optimal capital structure simultaneously maximizes stock price and minimizes the WACC. As economic agents always look out to maximize stock price, it should be noted that this can be achieved with a cost of capital that's at its minimum.
Answer:
The Highest interest rate you can earn on a passbook savings account is 5%
Explanation:
According to the research of 5 Financial institutions in New York the Annual Percentage Yield of a Passbook savings account goes from 1% to 5%.
Bank APY
Apple Bank for Savings 0.10
Emigrant Bank 0.40
Investors Bank 0.50
Provident Bank 0.50
Queens County Svgs Bk 0.50