1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GaryK [48]
2 years ago
8

You need $120,000 to start your business. You plan to invest $54,000 in the business and obtain financing from outside investors

for the remainder. What
will be your percentage of ownershup?
Business
1 answer:
bonufazy [111]2 years ago
8 0

Answer:

45%

Explanation:

=

54/120

You might be interested in
Two athletes of equal ability are competing for a prize of $12,000. Each is deciding whether to take a dangerous performance-enh
jeka94

Answer:

The format is messed up

Explanation:

5 0
3 years ago
At the beginning of 2021, Artichoke Academy reported a balance in common stock of $153,000 and a balance in retained earnings of
salantis [7]

Answer:

STOCKHOLDERS EQUITY

                                                  Common               Retained      Stockholders

                                                      stock                 earnings        equity

Beginning balance January 1      153.000              53.000          206.000

Issuance of common stock           43.000                                      43.000

Net income for the period                                        33.000           33.000

Cash Dividens                                                           (10.300)          (10.300)

Ending balances December 31   196.000              75.700 271.700

BALANCE SHEET

Cash                    52.900

Supplies               11.200

Prepaid Rent       25.500

Land                   215.000

Total Assets      304.600

Account payable    8.100

Utilities payable      3.000

Salaries payable     3.800

Notes payable      18.000

Total liabilities      32.900        

         

Common stock      196.000

Retained earnigs    75.700

Total stockholders 271.700

Liablities and

Stockholders          304.600        

Explanation:

STOCKHOLDERS EQUITY

                                                  Common               Retained      Stockholders

                                                      stock                 earnings        equity

Beginning balance January 1      153.000              53.000          206.000

Issuance of common stock           43.000                                      43.000

Net income for the period                                        33.000           33.000

Cash Dividens                                                           (10.300)          (10.300)

Ending balances December 31   196.000              75.700 271.700

BALANCE SHEET

Cash                    52.900

Supplies               11.200

Prepaid Rent       25.500

Land                   215.000

Total Assets      304.600

Account payable    8.100

Utilities payable      3.000

Salaries payable     3.800

Notes payable      18.000

Total liabilities      32.900        

         

Common stock      196.000

Retained earnigs    75.700

Total stockholders 271.700

Liablities and

Stockholders          304.600        

6 0
3 years ago
An administrator receives an email message from what appears to be the company bank. the email asks for account information. the
dangina [55]
The security threat detected is fraud
4 0
3 years ago
What Acceptance means in ethical behavior ?
lawyer [7]
There are three parts to an ethical response to error: disclosure, apology and amends. Honesty and humility are discussed as important virtues that facilitate coping and personal growth for the health care provider who is involved in mistakes.
6 0
2 years ago
Conversion costs are__________.
Arturiano [62]

Answer: C - direct labor and manufacturing overhead.

Explanation: Conversion costs are costs incurred in bringing raw materials to finished products. Its a cost that includes direct labour and manufacturing overheads because they both relate directly to the conversion of the raw materials to finished products.

6 0
2 years ago
Other questions:
  • The computation and interpretation of the degree of combined leverage (DCL)You and your colleague, Malik, are currently particip
    11·1 answer
  • A high-school student, mows lawns for families in his neighborhood. the going rate is $12 for each lawn-mowing service. would li
    7·1 answer
  • What are the advantages of collecting payment at the time of service?
    15·1 answer
  • Fetzer Company declared a $0.35 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8
    10·1 answer
  • Producer surplus equals the Group of answer choices amount received by sellers minus the amount paid by buyers. value to buyers
    9·1 answer
  • A coalition is best defined as a group of two or more individuals who combine their resources to affect the decision outcome of
    14·1 answer
  • g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with res
    6·1 answer
  • Red Co. uses the product cost concept of applying the cost-plus approach to product pricing. Below is cost information for the p
    5·1 answer
  • A single jar of original formula Carmex has different prices for the product depending upon where it is sold, but each price wil
    13·1 answer
  • Which of the following are the fastest growing forms of marketing?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!