An authorization to start a business issued by the local government is a business license. A business license allows a person to run a business legally. The license is used for tax purposes with the government and so the government can control and regulate the business on the legal side. If you do not have a business license, then you are a sole proprietor and running the business for tax purposes from your social security number.
Answer: 11 billion billion pounds
Explanation:
Answer:
Shally will not having any amount of bad debt deduction for the present year.
Explanation:
In the present year, Shally will not having any amount of bad debt deduction because she has a gain or income of $5,000. As, last year she has account receivable of $60,000 but this year she settled the account by receiving the $65,000 amount. So, she has received more amount than the basis in the receivable. Therefore, she will not have any bad debt deduction this year.
Answer:
the common sequence is
Explanation:
planning, analysis, design, implementation, and maintenance
Answer:
Consider the following calculations
Explanation:
a) If the weight of risky portfolio is 'y' then weight of T-bill would be (1-y).
Expected return on clients portfolio = weight of risky portfolio x return on risky portfolio + weight of T-bill x return on T-bill
or, 15% = y x 17% + (1 - y) x 7%
or, y = 0.8
weight of risky portfolio = 0.8, weight of T-bill = 0.2
b)
Security Investment Proportions
T-bill 20% (from part a)
Stock A 80% x 0.27 = 21.6%
Stock B 80% x 0.33 = 26.4%
Stock C 80% x 0.40 = 32%
Total 100%
