1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nostrana [21]
3 years ago
10

Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one

day. What obstacle does he face to starting a corporation right away?a. High up-front costsb. Lack of expertisec. Risk to personal assetsd. Sole liability
Business
1 answer:
Ludmilka [50]3 years ago
3 0

Answer: High up-front costs.

Explanation:

Webster's limitation to owning a chain of incorporated bakeries would be the high up-front cost or capital needed to start up the company.

The up-front costs as in the case of the question is the money needed to start up the bakery company.

You might be interested in
You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in divid
Vlad1618 [11]

Answer:

The maximum that should be paid for the stock today is $30.23.

Explanation:

The total return on a stock is made up of dividend received on the stock plus the capital gain received from selling the stock. The holding period is one year that means a 10% return on the amount invested in required for one year. We need to calculate the present value of the total of selling price plus the dividend to calculate the price of the stock today. As 10% return is required, the discount rate is also 10%.

PV = (1.25 + 32) / 1.1

PV = 30.227 rounded off to 30.23

5 0
3 years ago
uring December, Rainey Equipment made a $676,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.5
ExtremeBDS [4]

Answer:

Please refer to the below for the appropriate journal entry

Explanation:

Accounts receivable Dr $726,700

($676,000 + $50,700)

Sales revenue account Cr $676,000

Sale taxes payable account Cr $50,700

{(6% + 1.5%) × $676,000

7 0
3 years ago
Saint Nick Enterprises has 17,500 shares of common stock outstanding at a price of $69 per share. The company has two bond issue
mihalych1998 [28]

Answer:

total weight of debt = 0.343 or 34.3%

Explanation:

stock's market value = 17,500 x $69 = $1,207,500

bond₁'s market value = $250,000 x 101.5% = $256,750

bond₂'s market value = $350,000 x 106.5% = $372,750

total market value of the firm = $1,837,000

weighted capital structure:

                                       market value            weight

stocks                             $1,207,500               0.657

bond₁                              $256,750                  0.140

bond₂                              $372,750                  0.203

total                                $1,837,000                 1

total weight of debt = 0.343 or 34.3%

8 0
2 years ago
Consider a model with an interaction between expenditures: voteA 5 b0 1 b1prtystrA 1 b2expendA 1 b3expendB 1 b4expendA#expendB 1
andrew11 [14]

Answer:

Explanation:

1. What is the partial effect of expendA on voteA?

ΔvoteAΔexpendA=β2+β4expendB→0.0382809+−6.63e−6expendB

2. Is the expected sign for b4 obvious?

Yes because the expendB alone is a negative and expendA is a positive leaving B4 to be a negative number .

4 0
3 years ago
If the structural budget deficit is $100 billion and the actual deficit is $300 billion, what is the size of the cyclical defici
IceJOKER [234]
Cyclical deficit is the downfall of the business cycle, this usually occurs when the economy is beneath potential income. The formula for this is, CD= tax rate x ( potential deficit - actual deficit). Therefore, the cyclical deficit is $200.  I hope this helps.
7 0
3 years ago
Other questions:
  • Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires
    7·1 answer
  • Your opportunity cost of cutting hair at your barbershop is $20 per hour. Electricity costs $6 per hour, and your weekly rent is
    15·1 answer
  • To say that a price ceiling is binding is to say that the price ceiling a. results in a shortage. b. is set below the equilibriu
    6·1 answer
  • When you start the idea process, what do you list first?
    13·2 answers
  • To mitigate the bullwhip effect, each location in a supply chain should plan for the demand received at that location. Group of
    7·1 answer
  • McDonnell-Myer Corporation reported net income of $741 million. The company had 544 million common shares outstanding at January
    10·1 answer
  • The currency in Macroland is called econs. In Macroland, the public holds 2,000 econs in currency; commercial bank reserves are
    9·1 answer
  • MARK MORE THAN ONE PLS!!!!!!!! HELP!!!!
    7·1 answer
  • A limit buy order is an order to buy if the stock price goes ___ a specified level; a stop buy is an order to buy if the stock p
    13·1 answer
  • When organizations recognize that there is a need to improve the state of people, the planet, and profits simultaneously if they
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!