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dsp73
4 years ago
9

Franklin, John, Henry, and Harry have decided to pool their financial resources and business skills in order to open up and run

a coffee shop. They will share any profits or losses that the business generates and will be personally responsible for making good on any debt that their business undertakes. Their business should be classified by a:_______.A) Corporation.B) Sole proprietorship.C) Partnership.D) None of the above.
Business
1 answer:
Sliva [168]4 years ago
7 0

Answer:

The correct answer is letter "C": Partnership.

Explanation:

A Partnership is an organization where two or more owners operate a business. They share the profits in proportion to their percentage partnership interest. There are two types of partnerships: <em>General Partnerships</em> (unlimited liability) and <em>Limited partnerships</em> (liability proportional to the percentage contribution of the partnership).

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Use the following information for the Quick Study below. Skip to question [The following information applies to the questions di
Arada [10]

Answer and Explanation:

a. The computation of the internal rate of return is shown below:

Given that

The expected cash inlfows would be $9,400 for four years each

Rate of return is 7%

The Initial investment is $30,455

Based on the above information

The net present value is

= $9,400 × PVIFA factor for 7% at 4 years - $30,455

= $9,400 × 3.3872 - $30,455

= $31,840 - $30,455

= $1,385

Now the present value factor is

= $30,455 ÷ $9,400

= 3.2399

Now based on the factor table, the rate should be 9% for four years

b. Yes depend upon the internal rate of return, the park co should make the investment

6 0
3 years ago
Michael Bilkman has an opportunity to buy a perpetuity that pays $12,450 annually. His required rate of return on this investmen
AlladinOne [14]

Answer:

$266,667.

Explanation:

P / (r-g) = Periodic payment / Interest rate - Growth rate

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= $266,667on:

i think thats it if i am wrong i am very sorry tellme if i am right or wrong.

7 0
3 years ago
When you catch a fast-moving baseball with your bare hand, a good idea is to catch it so that your hand stops it?
jarptica [38.1K]
You want your hand to "give" a bit when you catch the ball. You don't want want the ball to come to a hard stop because that would risk hurting your hand.
4 0
4 years ago
The area that consumes the majority of a family’s income is
neonofarm [45]

The area that consumes the majority of a family’s income is Housing.

This is according to the Bureau of Labor Statistics' info for 2017.

8 0
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PLEASE QUICK 30 POINTS!!!!!! Which of the following programs completes similar functions as those completed by Microsoft® Publis
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<em>Answer:</em>

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6 0
2 years ago
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