Answer:
c. 2.42 years
Explanation:
The computation of the payback period is shown below:
<u>Year Cash flow Cumulative cash flow</u>
0 -$475 -$475
1 $150 -$325
2 $200 -$125
3 $300 $175
Now the payback period is
= 2 years + $125 ÷ $300
= 2.42 years
The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service
<h3>What is Sole proprietorship?</h3>
Sole proprietorship is a business Enterprise that is owned and run by an individual person.
The individual person is the risk taker.
<h3>What is partnership?</h3>
Partnership refer to any business Enterprise that is own and run by two or more people.
Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.
Learn more about proprietorship from the link below.
brainly.com/question/375502
2.24. if you round 5.0176 down it is 5.
Answer:
Britain
Explanation:
Once they landed in America, the British set up a joint stock company, which was the start of what we now recognize as a corporation These stocks were marketed to investors with the thought of getting some cash, which created minimal-risk capital.Citizens embraced the idea as there was minimal risk and significant benefit. It really is accurate, therefore, that joint stock companies were organisations planned by the British to create colonies in America.
