Answer:
Government is necessary because it keeps order and people from doing whatever they want
Explanation:
Governments provide the parameters for everyday behavior for citizens, protect them from outside interference, and often provide for their well-being and happiness. In the last few centuries, some economists and thinkers have advocated government control over some aspects of the economy.
Answer:
Mary and Ted need to determine the type of partnership business they plan to enter into, if it is a <em>General Partnership, Limited Partnership and Limited Liability Partnership.</em>
The type of partnership business will determine their individual liabilities, in the event the business folds up. Furthermore, In a bid for Mary and Ted to answer questions like,"What is the worst that could happen if we fail, they will need a partnership agreement, which states the terms of agreements of each partners.
Explanation:
Mary and Ted need to determine the type of partnership business they plan to enter into, if it is a <em>General Partnership, Limited Partnership and Limited Liability Partnership.</em>
The type of partnership business will determine their individual liabilities, in the event the business folds up. Furthermore, In a bid for Mary and Ted to answer questions like,"What is the worst that could happen if we fail, they will need a partnership agreement, which states the terms of agreements of each partners.
<span>If the kitchen in an operation has sewage backup the manager should call a plumber to come fix the issue. If the sewage is backing up to the point it could contaminate any food being cooked/served, the manage should temporarily close down the restaurant until everything is fixed and working properly. </span>
Answer:
6.50 Years
Explanation:
The computation of the payback period of the investment is shown below;
Total cash outflow is
= $15,000 + $8,000
= $23,000
Now the Cash Inflow in all 6 years is
= $1,000 + $2,000 + $2,500 + $4,000 + $5,000 + $6,000
= $20,500
Cash inflow in Year 7 is $5,000.
But Cumulative Cash flows from Year 1 to Year 7 is
= $20,500 + $5,000
= $26,500
This amount is more than Initial Investment i.e. $23,000.
So our Payback period is between 6 & 7 years i.e.
= 6 + ($23,000 - $20,500) ÷ 5000
= 6.50 Years
