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3 years ago

Who assumes the risks in a sole proprietorship?

Business

1 answer:

Lynna [10]3 years ago

3 0

You would because a sole proprietorship is owned by one person making them personally liable to all risks

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P5-18 Calculating deposit needed. You put $10,000 in an account earning 5%. After 3 years, you make another deposit into the sam

goblinko [34]

Answer:

$4877.80

Explanation:

The computation of amount of the deposit at the end of year 3 is shown below:-

Future value = Present value × (1 + Rate of interest ÷ 100)^number of years

$20,000 = 10,000 × (1 + 5 ÷ 100)^7 + Deposit at end of year 3 × (1 + 5 ÷ 100)^4

$20,000 = 10,000 × (1.05)^7 + Deposit at end of year 3 × (1.05)^4

$20,000 = 14071.00423 + Deposit at end of year 3 × (1.05)^4

Deposit at end of year 3 = ($20,000 - 14071.00423 ) ÷ (1.05)^4

= $5928.995773 ÷ 1.21550625

= $4877.799496

= $4,877.80

We simply applied the above formula to find out the amount of deposit at the year 3 end

3 0

3 years ago

You are scheduled to receive annual payments of $60,000 for each of the next 20 years. The annual rate of return is 8 percent. W

babymother [125]

Answer:

= $ 219,657.43

Explanation:

FV of annuity = P x [(1+r) n -1/r]

P = Periodic payment = $ 20,000

r = Periodic interest rate = 0.08

n = Number of periods = 20

FV = $ 60,000 x [(1+ 0.08)20 -1/0.08]

= $ 60,000 x [(1.08)20 -1/0.08]

= $ 60,000 x [(4.66095714384931 -1)/0.08]

= $ 60,000 x (3.66095714384931/0.08)

= $ 60,000 x 45.7619642981163

= $ 2,745,717.85788698 or $ 2,745,717.86

FV of annuity due =(1+r) x P x [(1+r) n -1/r]

= (1+0.08) x $ 2,745,717.85788698

= 1.08 x $ 2,745,717.85788698

= $ 2,965,375.28651794 or $ 2,965,375.29

Difference in FV of ordinary annuity and annuity due

= $ 2,965,375.29 - $ 2,745,717.86

= $ 219,657.43

3 0

3 years ago

Which employees typically work in an office environment within schools? Check all that apply.

VashaNatasha [74]

2 or either 3 is the answer

3 0

3 years ago

The largest consumer-products company in the world, procter & gamble (p&g), is in the process of selling more than h

kari74 [83]

This would be a focused growth strategy. P&G is divesting of some of their brands so that they can pay more attention to (focus on) their core brands. Sometimes businesses expand too much and lost the essence of what the company was founded upon.

4 0

3 years ago

3. Come up with a set work period, such as one day or one week. State how many of

Ymorist [56]

Based on the information given, the products that will be taken into consideration will be making shirts and making socks.

<h3>Solving the set work period.</h3>

From the complete question, the products that will be produced are shirts and socks.

The inputs to product 1 are fabric, sewing machine printing machine, and time. The inputs to product 2 are fabric, time, and sewing machine.

The set work period will be 140 shirts can be made and 100 socks can be made as well.

Learn more about set work period on:

brainly.com/question/24318670

5 0

2 years ago