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stepladder [879]
3 years ago
13

Tania starts a bookstore with her friend. However, owing to other commitments, Tania is unable to help with the daily operations

of the bookstore. Therefore, Tania proposes that she would not actively participate in managing the business but would provide financial support to the business. By doing this, she would be sharing the profits equally with her friend, without incurring any of the business debts personally. In this scenario, Tania is a(n) _____.
Business
1 answer:
zheka24 [161]3 years ago
7 0

Answer:

Tania is a "limited partner ".

Explanation:

  • A limited partner, commonly recognized as either a silent partner, seems to be an individual and therefore not just a week as a well-to-day corporate administrator. The responsibility of a limited partner could never increase the total spent by that department in the organization.
  • For example, this type of relationship seems to have at least a single special partner but each restricted partner.
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The local government uses property taxes to pay for goods and services in the community.
olya-2409 [2.1K]
The answer is A True
7 0
3 years ago
Marston Manufacturing Company is considering a project that requires an investment in new equipment of $3,400,000, with an addit
Travka [436]

Answer: $3,570,000

• assets installation, shipping and installation costs.

Explanation:

The The total cost of Alexander's new equipment will be calculated thus:

= $3,400,000 + $170,000

= $3,570,000

The coat of the new equipment consist of (assets installation, shipping and installation costs).

3 0
3 years ago
Swifty Corporation reported net sales of $690000, $730000, and $828000 in the years 2016, 2017, and 2018, respectively. If 2016
Flura [38]

Answer:

120%

Explanation:

Given net sales;

Year 1996 = $690000

Year 1997 = $730000

Year 1998 = $828000

With 1996 as the base year, it means the percentage of any year can be computed by dividing the net sales for that year with the net sales for 1996 and expressing the results as a percentage.

1998 sales as a percentage of  the base represents

= $828000/$690000

= 1.2

Expressed as a percentage, this is 120%.

3 0
2 years ago
A lawn maintenance company compares two ride -on mowersthe Excelsior, which has an expected working-life of six years, and the G
Fofino [41]

Answer:

A) The mower is only expected to be needed for three years.

Explanation:

Excelsior is surely more expensive than the Grassassinator, due to its longer working life. Therefore, it is essential to examine the period of use of the lawn mower. There is absolutely no need to invest in a long-running lawn mower if it is going to be needed twice less the time. In this case, it would be more financially efficient to invest in the Grassassinator.

6 0
3 years ago
One reason many companies do not organize themselves as an s corporation is that this form of business:
S_A_V [24]

Answer:

S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.

Explanation:

There are specific pre-requisites before a company may apply as an S corporation

  • It implies that corporation shareholders must be U.S. residents only who directly own the shares.
  • Maximum 100 shareholders can be part of S corporation.  
  • The stock options are restricted to one class only.

The limited stock options, no foreign investment challenges and limitation of maximum shareholders create a barrier to open S type corporation. So the answer is S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.

7 0
3 years ago
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