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
valentina_108 [34]
3 years ago
5

Nathaniel and Hosea have both invested $25,000 in businesses. Now they both want to sell out and recoup their money. If Nathanie

l invested in a corporation and Hosea invested in a partnership, which of them is going to have the MOST difficulty selling their investment?
Business
1 answer:
Korvikt [17]3 years ago
4 0

Answer:

Hosea is going to have the MOST difficulty selling his investment.

Explanation:

A partnership occurs when two or more people establish, manage and operate a company with the aim of making and sharing profits. Therefore, members in a general partnership share both profits and liabilities.

To leave a partnership, the leaving partner has to inform other members and all members have to work together to plan partner's exist effectively. There is usually a “buy-sell” agreement that states the conditions under which a partner can leave, who can buy his share of partnership and at what price. Therefore, it is difficult to leave a partnership.

A corporation is referred to as a legal entity that is separate and different from its owners. The main feature of a corporation is limited liability which implies that shareholders are only liable for the company's debts up to the amount of the shares of the company they hold.

To invest in a corporation, a person just have to buy the share of the corporation either privately or on stock exchanges where shares are bought ans sold. This also implies that a shareholder can easily sell his share either privately or on stock exchange without informing other shareholders. Therefore, it is easy sell out and recoup one's money from corporation.

The explanation above implies that it is going to be more difficulty for Hosea to sell investment than for Nathaniel.

You might be interested in
In 2019, Felicity's business use of her vehicle fell to less than 50%. Regular MACRS depreciation had been used in prior years.
Flauer [41]

Answer:

(d) Straight-line method (SL), the same convention as used in the first year of depreciation, ADS recovery period

Explanation:

The straight line method is the best to use, the convention to be used is the same as what was used in the first year of depreciation and the recovery period in 2019 is the ADS recovery period.

To decrease annual deduction, it is standardized that ADL is used with straight line method with 31 plus years for a recovery period that is longer.

5 0
2 years ago
An employer pays $90 of a $100 group disability premium, and the employee pays the other $10. The disability benefit under the p
geniusboy [140]

Answer:

the monthly benefit taxable income would be $900

Explanation:

For a Plan of $1,000/month if the employer pays $90 and the employee pays the other $10 of a $100 group disability premium.

after paying the total amount of  %100 according to the plan if the employee gets disabled then he will get 90% of the total amount which is taxable income.

5 0
3 years ago
Read 2 more answers
Cotrone Beverages makes energy drinks in three flavors: Original, Strawberry, and Orange. Company is currently operating at 75 p
irina [24]

Relevant Information:

The relevant information is as under:

Segmented income statements appear as follows:

Product                                    Original  Strawberry  Orange

Sales                                     65,200   85,600          102,400

Variable costs                     (44,000)   (77,200)  (80,200)

Contribution margin              21,200     8,400    22,200

Fixed costs allocated                (9,400)    (12,000)   (14,200)

Operating profit (loss)       11,800      (3,600)      8,000  

Answer:

The product not be closed because it is generating net cash flows of ($3,060), which will generate loss for the organization. The better option would be to not abandoning the manufacturing of Strawberry.

Explanation:

Relevant costing says that any savings or losses are relevant if it satisfy following three conditions:

  1. Is a cash flow.
  2. Future related (Not arising due to Past bindings).
  3. Differential or Incremental in nature.

Its crystal clear that any inflows and outflows that are considered would be cash in nature, not related to past events it must be arising as a consequence of taking the decision whose consequences are we considering now, I mean it must arise in future due to the decision made which are considering. The last condition is the concept of differential that lies in the heart of relevant costing and is easily understood by following the following steps:

Step 1: What are the losses or savings if we don't make decision?

Step 2: What are the losses or savings if we make the decision?

Step 3: The difference between step one and two is differential or incremental cost.

Here we learned that relevant cost arises if we take the decision (closing manufacturing of Strawberry), and it doesn't arises if we don't take the decision (not abandoning manufacturing of  Strawberry).

Relevant costs associated with the decision are as under:

                                                    Step 1              Step 2        Step 3

                                            Make Decision    If we Don't Differential

Revenue loss                             (85,600)               -          (85,600)

Variable Costs Savings              77,200                 -            77,200

Fixed costs Savings (W1)             5340                   -              5340

Operating Profit                                                                   (3,060)

Working1: Fixed costs Savings

Total Fixed costs =21400+12000+14200 = $35,600

The saving is 15% of the total fixed cost and is as under:

Fixed costs Savings = $35,600 * 15% = $5340

Note:

Kindly also practice the following question:

brainly.com/question/14423321

8 0
3 years ago
A feature of personal selling by salespeople is that it is
dlinn [17]

A feature of personal selling by salespeople is that it is their development of oral conversation.

<h3>What is a Personal selling?</h3>

This refers to a face to face selling technique whereby the salesperson uses an interpersonal skills to persuade the prospective customer in buying a particular product.

However, the main feature of personal selling by salespeople is that it is their development of oral conversation because they need to effectively persuade their client.

Read more about Personal selling

<em>brainly.com/question/7304387</em>

#SPJ1

4 0
1 year ago
If total deposits in bank A total $15 million and the required-reserve ratio is 10 percent, than excess reserves equal:_______
victus00 [196]

Answer:

$13.5 million  

Explanation:

Fractional Banking System- This is banking system where banks are required by the central banking authority to keep a certain percentage of their total deposit as the minimum reserve which they cannot lend out.

The idea behind this requirement is to help manage liquidity risk- a situation where a bank does not have enough cash to meet its deposit customers demand.

Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.

Therefore the required reserve for this bank = 10% ×$15 million= $1.5 million

Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.

It is calculated as = Total deposit - Required reserve

So we apply this to our question

        Excess reserve = $15 million - (10% × $15 million)

                               = $15 million - $1.5 million

                              = $13.5 million

7 0
3 years ago
Other questions:
  • "stars" are one of the four types of employees based on the degree of organizational commitment and task performance. "stars" ar
    9·1 answer
  • Lean systems try to:
    13·1 answer
  • The AFN equation assumes that the ratios of assets and liabilities to sales remain constant over time. However, this assumption
    8·1 answer
  • Carla and Ben have been married for 50 years. During that time, Carla stayed home raising their children and maintaining their h
    9·1 answer
  • Poorer developing countries which often produce and export primary commodities tend to face unfair _____________________ in rela
    12·1 answer
  • When Hertz Rent-a-Car decides to expand its fleet, several companies as well as consumers will be involved. Financial services w
    6·1 answer
  • The Occupational Safety and Health Act does not require employers to abide by the regulations and the safety and health standard
    6·1 answer
  • Helppppp correctly answer get a Brainliest.
    10·2 answers
  • In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is m
    11·2 answers
  • Which symbol should you use for entering a formula in a cell?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!