Answer:
New technology and demand.
Explanation:
The California market is highly attracted to new promoters, industrialists, and entrepreneurs.
California is a place for business where all types of industrialists, entrepreneurs provide value for new knowledge, new technologies, and new research, etc.
This place can be easily seen by individuals using their capital for new business, hence California is suitable and considered a good place for new industrialists and entrepreneurs.
Answer:
a. True
Explanation:
The capital account of a soul proprietor is similar to the equity account of a company. It shows how much the business owes the owner.
This includes the amount invested and net income over the years posted as part of the retained earnings.
Net income is the difference between the total revenue and total expenses.
Net income = $220,000 - $150,000
= $70,000
Net balance in capital account = $13,000 + $70,000
= $83,000
Answer:
7%
Explanation:
Interest income if Curtis invested
250,000 x 9% = 22,500
After tax interest income = 22,500 - (22,500 x 24%)
= 17,100
After tax rate of return = 17,100/250000
0.068
Approximately 7%
Answer:
MRCORRECT has answered the question
Explanation:
Fiat money has value because the government declares that it has value.
The general reason for a company to issue a bond is to "Raise Money" and that's one of the main reason they do it.
