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4 years ago

Which is an advantage corporations enjoy over sole proprietorships

Business

1 answer:

makvit [3.9K]4 years ago

6 0

<u>Answer:</u>

Corporations are the best business structure for most of business entrepreneurs. Sole Proprietorships offer no security at all. Partnerships are perplexing and liable to twofold tax assessment.

The benefit of sole ownership is what's called go through tax collection. The Sole ownership pay goes this through right to the proprietor's individual assessment form. This implies no corporate assessment form and no twofold tax assessment. Sole ownerships are additionally significantly simpler to set up, and they have adaptable administration.

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Novak’s Market recorded the following events involving a recent purchase of inventory: Received goods for $112000, terms 2/11, n

Arte-miy333 [17]

Answer:

Option (C) is correct

Explanation:

The payment is made during the discount period of 11 days so the 2% discount rate would be applicable.

Goods purchased = $112,000

Goods returned = $2,200

Discount = (Goods purchased - goods returned) × 2%

= ($112,000 - $2,200) × 2%

= $2,196

Net purchase = Goods purchased - returned - Discount

= $112,000 - $2,200 - $2,196

= $107,604

Total inventory cost = Net purchase + Freight cost

= $107,604 + $400

= $108,004

Therefore, company’s inventory increased by $108,004.

5 0

3 years ago

You bought one of Great White Shark Repellant Co.’s 5.8 percent coupon bonds one year ago for $1,030. These bonds make annual pa

defon

Answer:

total rate of return on the Bond = 9.40%

Explanation:

given data

coupon bonds = 5.8%

bonds price = $1,030

maturity time = 14 year

required return on the bonds = 5.1 percent

solution

we know here market price of the bond is Present Value of Coupon Payments + Present face Value

so that face Valueof bond = $1,000

and here annual Coupon Amount will be

annual coupon amount = $1000 × 5.80%

annual coupon amount = $58

and here Market Price of the Bond will be

Market Price of Bond = Present Value of Coupon Payments + Present face Value ......................1

here Present Value of Coupon Payments at PVIFA 5.10% and 14 Years

Present Value Annuity Inflow Factor (PVIFA) = $\frac{1-(1/(1+r)^t}{r}$ ....2

Present Value Annuity Inflow Factor = $\frac{1-(1/(1+0.0510)^14}{0.0510}$

Present Value Annuity Inflow Factor = 9.83566

and

Present Value Inflow Factor (PVIF) 5.10%, 14 Years= $\frac{1}{(1+r)^t}$ ...........3

Present Value Inflow Factor (PVIF) = $\frac{1}{(1+0.0510)^14}$

Present Value Inflow Factor = 0.49838

Market Price of Bond = ( $58 × 9.83566 ) + ( $1,000 × 0.49838 )

Market Price of Bond = $1,068.85

so total rate of return on the Bond will be

total rate of return on the Bond = [ { Annual Coupon Amount + ( Change in Bond Price ) } ÷ Current Price] ...............4

total rate of return on the Bond = $\frac{58+(1068.85-1030)}{1030}$

total rate of return on the Bond = 9.40%

5 0

3 years ago

The _____ was established by Congress to encourage American firms to focus on quality improvement in order to improve their glob

V125BC [204]

Answer:

The correct answer is: Baldridge Performance Excellence Program.

Explanation:

To begin with, the <em>"Baldridge Performance Excellence Program"</em> is the name given to the program that was established by the United States of America in order to encourage the companies of the country to improve their performance regarding the economy and the globalization that was happening at the time the program was created. It receives its name from the ex secretary of commerce Malcom Baldridge and the award gives to the company selected the recognition of having performance excellence in the its field

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3 years ago

Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset

lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0

3 years ago

In considering NBAC’s analytic approach, an otherwise competent person who is acutely ill might be considered at especially high

xxMikexx [17]

Answer:

c. Situational cognitive vulnerability.

Explanation:

Situational cognitive vulnerability -

It is the cognitive vulnerability in the field of cognitive psychology , it is the belief of cognitive bias .

It is the situation that does not allow to exercise the capabilities effectively .

hence , from the question ,

The correct term according to the statement of the question is - c. Situational cognitive vulnerability.

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4 years ago

Which is an advantage corporations enjoy over sole proprietorships​

Which is an advantage corporations enjoy over sole proprietorships