More and more companies are increasing their interactive marketing budgets. most of this investment will be made in:

Ronald, Jamie, Ben, and Joseph are colleagues who want to start a company of their own. All of them want to be actively involved

Fudgin [204]

Answer: A limited liability company

Explanation:

A limited liability company is a company in which the liability of members is limited to the amount of money invested in the business.

The characteristics of a limited liability company includes:

1. Limited liability - the liability of members is limited to the amount invested by members.

2. Members have the option of managing the company by themselves or employing managers.

3. The Limited liability company is a separate legal entity from its members.

8 0

2 years ago

One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,

Dennis_Churaev [7]

Answer:

current price = $1191.79

Explanation:

given data

time t = 15 year

annual coupon bonds rate = = 7.5 %

par value = $1000

interest rate = 5.5%

maturity time = 14 year

to find out

current price of the bonds

solution

we get here first annual coupon rate = 7.5% of 1000

annual coupon rate C = $75

so now we get current price of bond

current price of the bonds = $\frac{C}{(1+r)} +\frac{C}{(1+r)^2} +\frac{C}{(1+r)^3} +\frac{C}{(1+r)^4} ..........\frac{C}{(1+r)^{13}} + \frac{C+par\ value}{(1+r)^{14}}$ .................1

put here value

current price = $\frac{75}{(1+r)} +\frac{75}{(1+r)^2} +\frac{75}{(1+r)^3} +\frac{75}{(1+r)^4} ..........\frac{75}{(1+r)^{13}} + \frac{75+1000}{(1+r)^{14}}$

current price = $\frac{75}{(1+r)} \frac{1-(\frac{1}{1+r})^{14} }{r} (1+r) + \frac{1000}{(1+r)^{14}}$

solve it we get

current price = $1191.79

4 0

2 years ago

The exit of existing firms from a competitive market will a. decrease market supply and increase market price. b. decrease marke

makvit [3.9K]

Answer:

The correct answer is option A.

Explanation:

The exit of existing firms from the market will reduce the overall market supply. This will cause the market supply curve to move to the left.

This leftward shift in the market supply curve will lead to an increase in the equilibrium price. The equilibrium quantity will be reduced.

The other firms in the market will get more market share and higher profits.

4 0

2 years ago

All of the following are advantages of having a savings account except

expeople1 [14]

Answer:

Funds held in a savings account are highly liquid

Explanation:

The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.

Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.

5 0

2 years ago

In the context of evaluating service quality, _____ refers to the knowledge and courtesy of employees and their ability to conve

AlexFokin [52]

<span>In the context of evaluating service quality, assurance refers to the knowledge and courtesy of employees and their ability to convey trust. Assurance is defined as having confidence in one's abilities and a promise, guarantee from others. In the context of evaluating service quality, having assurance means you can trust that the quality of the service being provided will be to the best of the organizations abilities. You never want to feel like you aren't sure if the quality of service you're going to be paying for may or may not be great. </span>

8 0

3 years ago