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3 years ago

What are 4 types if businesses

Business

2 answers:

Lostsunrise [7]3 years ago

7 0

Sole Proprietorship, Partnership, Corporation, and Limited Liability Company :)

Ipatiy [6.2K]3 years ago

5 0

Types of Ownership. Each type of ownership functions differently and places you in a slightly different role within the company. ...

Sole Proprietorship. Perhaps the most basic type of business entity is the sole proprietorship. ...

Partnership. ...

Limited Liability Company. ...

Corporation. ...

Choosing the Right Option.

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_____ means "let the buyer beware" is a philosophy sometimes used by businesses to put the burden for consumer protection onto t

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Caveat emptor is the word you’re looking for.

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3 years ago

Companies and their customers working together to develop products that meet customer needs is known asâ€‹ ________.

Hatshy [7]

Marketing involves companies and their customers working together to develop products that meet customer needs.

<h3>What is Marketing?</h3>

Marketing is a business strategy that identifies customers and their needs and provides the product to meet the customers need.

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Therefore, marketing involves working with customers to provide their needs.

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3 years ago

Bridgeport Company has five employees participating in its defined benefit pension plan. Expected years of future service for th

frez [133]

Answer:Please see answers in explanation column

Explanation:

Cost per service year = obligation From benefit / Total years of service

Total years of service= 3+4+5+6+6=24

Cost per service year =$87,120/24 =$3,630

Year Jim Paul Nancy Dave Kathy Total × Cost Amortization

2020 1 1 1 1 1 5 × $3,630 $18, 150

2021 1 1 1 1 1 5 × $3,630$ $18, 150

2022 1 1 1 1 1 5 × $3,630 $18, 150

2023 1 1 1 1 4 × $3,630 $14, 520

2024 1 1 1 3 × $3,630 $10,890

2025 1 1 2 × $3,630 $7,260

Total $87,120.

3 0

3 years ago

Flint Corporation is subject to a corporate income tax only in State X. The starting point in computing X taxable income is Fede

scZoUnD [109]

Answer:

b. $790,000.

Explanation:

The computation of the taxable income for X purpose is shown below:

Federal Taxable income $750,000

Add: Deduction for state income taxes non-deductible $50,000

Less: Interest on federal obligations i.e. deductible $10,000

Taxable income $790,000

Hence, option b is correct

7 0

3 years ago

West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perfo

Over [174]

Answer:

19.7%

Explanation:

The modified internal rate of return is a capital budgeting method used to determine the profitability of an investment. The MIRR assumes that cash inflows are reinvested at the firm's cost of capital and outflows are financed at the firm's financing cost.

MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n) - 1

Future value = payment x[ (1 + interest rate)^n - 1 ] / interest rate

$193,000 x (1.17^5) - 1 / 0.17 = 1353779.24

1353779.24 / $551,000) ^0.2 - 1 = 19.7%

6 0

3 years ago