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4 years ago

Business Organizations

Business

1 answer:

dedylja [7]4 years ago

4 0

Answer: Partnership:

Can be easier to raise funds

Required sharing of profits

Is owned by two or more people

Sole proprietorship:

Is owned by a single person

Is easiest to start

Includes 75% of all US businesses

Explanation: I got it right on the quiz

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On January 1, Feld traded a delivery truck and paid $10,000 cash for a tow truck owned by Baker. The delivery truck had an origi

S_A_V [24]

Answer:

gain on disposal 30,000

Explanation:

First we do the numbers for the old truck:

Asset 140,000

Acc Dep 80,000

Book Value 60,000

Now, becuase there are commercial subtance we will recognize the dgain or loss at disposal.

Total given-up for the tow truck

bake tow truck 100,000

cash (10,000)

Baker valuation of our truck 90,000

book value (60,000)

gain on disposal 30,000

journal entry

tow truck 100,000

acc dep delivery truck 80,000

cash 10,000

delivery truck 140,000

gain on disposal 30,000

7 0

4 years ago

n your own words define employment-at-will and explain whether or not you agree with this principle. Next, discuss your thoughts

raketka [301]

Answer:

a) Employment-at-will is a form of employer-employee relationship which may be terminated by the employer at any time without due consultation with the employee as long as the reason for the termination is not against the law.

b) Work Place Testing: This refers to all the series of tests that an employer can and may administer to a job applicant in order to ascertain their suitability for the role and ensure that they are a culture fit.

Workplace Testing is a fair hiring practice. There is no use hiring an employee only to discover few months later that they cannot do the job as they asserted on their resume. This can be very detrimental to the business as it can leave the business very vulnerable.

e If a candidate is turned down after testing, it doesn't mean they are not capable of being productive at all. It only means that they don't match the person specification for the current job under consideration.

Cheers!

6 0

4 years ago

Suppose your foreign government, threatened with bankruptcy, decided to tax the interest income on its own bonds as part of an e

jarptica [38.1K]

Answer:

a. You would expect the yields to rise due to increased default risk.

c. You would expect the yields to rise to compensate investors for the loss of the tax-exempt status.

Explanation:

The foreign government is threatened with bankruptcy which means that the government might be unable to pay their bond obligations. This means that the risk of default has now increased and so yields will rise as a result of this.

Tax exempt bonds like Municipal bonds generally have lower yields because of their tax savings. If the Government was to impose taxes on previously tax exempt bonds, people would be getting less and so would have to be compensated for this loss by increased yields.

3 0

3 years ago

This method of financing government spending is frequently called printing money because high-powered money (the monetary base)

Fed [463]

Answer:

C) financing government spending through a Treasury sale of bonds that are then purchased by the Fed

Explanation:

The Fed is the only entity that can expand or contract the country's monetary base, and it does it with open market operations. In this case, the Fed is injecting money into the financial system and expanding the monetary base by purchasing treasury bonds, which is basically like my right hand lends money to my left hand, that is why it is called printing money.

4 0

4 years ago

You would like to establish a trust fund to provide $140,000 a year forever for your heirs. The expected rate of return is 5.45

ryzh [129]

Answer:

The amount of money that must be deposited to day to fund this gift is $2,568,807.34.

Explanation:

In order to determine this, we employ the formula for calculating the present value of a perpetuity since the fund is meant to provide $140,000 a year forever.

A perpetuity can be described as payments that is made or received periodically forever or indefinitely.

The formula for calculating the present value of a perpetuity is given as follows:

PV = M / i ............................. (1)

Where;

PV = the amount of money that must be deposited today = ?

M = yearly amount to receive forever = $140,000

i = expected rate of return = 5.45, or 0.0545

Substituting the values into equation (1), we have:

PV = $140,000 / 0.0545

PV = $2,568,807.34

Therefore, the amount of money that must be deposited to day to fund this gift is $2,568,807.34.

7 0

3 years ago