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yawa3891 [41]
3 years ago
14

When Luke, Larry, and Lance lost their jobs during the recent recession, they pooled their resources, borrowed a little more, an

d bought a couple of houses to renovate. All three were concerned about the risk involved in owning their own business, particularly the risk of losing personal assets. As their advisor, which of the following forms of business ownership would you recommend?a) Limited liability company
b) Sole proprietorship
c) General partnership
d) Master limited partnership
Business
1 answer:
stepladder [879]3 years ago
4 0

Answer:

a) Limited liability company

Explanation:

Considering the options given, as an advisor the form of business that I would recommend is: limited liability company that is a structure in which the owners  are not responsible with their personal assets for the company's debts as the three owners are concerned about this risk.

I would not advise the other forms of business because the sole proprietorship is a firm that is run by one person, the general partnership is a structure in which two or more people agree to share unlimited liability which means that they share all their personal assets and are responsible for any debt the company has with them and the master limited partnership is a company that trades securities in the market.

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Sweet Tooth Candy Company budgeted the following costs for anticipated production for August:
lidiya [134]

Answer:

Fixed costs= $73,760

Variable cost= $159,430

Explanation:

<u>First, let's separate the factory overhead costs:</u>

<u></u>

Power and light 40,450

Factory insurance 23,560

Production supervisor wages 118,980

Production control wages 30,930

Factory depreciation 19,270

<u>Now, the fixed and variable costs:</u>

Fixed costs= Factory insurance 23,560  + Production control wages 30,930 + Factory depreciation 19,270

Fixed costs= $73,760

Variable cost= Power and light 40,450 + Production supervisor wages 118,980

Variable cost= $159,430

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2 years ago
Refer to the graphs, in which the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the level of investment spen
lutik1710 [3]

Answer:

$50? ($150 is not the correct answer)

Explanation:

7 0
3 years ago
starlight creations is beginning to prepare for what they expect will be a grand exit (many people retiring) in the next five ye
Firlakuza [10]

Starlight creations can build a pipeline of leadership talent by providing leadership coaching.

  • Starlight Creations may fill the void created when most high management leaves in five years by "offering leadership mentoring" to younger employees (particularly in middle management) inside the firm.
  • The leadership training will prepare younger staff for top management roles while also saving the organization money on hiring external professionals to replace empty jobs.
  • Leadership coaching is the deliberate process of improving individuals' abilities and competences so that they can work more successfully with others. Leadership development frequently focuses on effective communication skills, corporate coaching, and understanding the influence of various leadership styles. Coaches create a beneficial interaction that reveals the leader's hidden assets and faults.

Thus this is the meaning of leadership coaching.

Refer here to learn more about leadership coaching: brainly.com/question/13956838

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4 0
8 months ago
Upstream from Umami Snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed cri
ICE Princess25 [194]

Answer: A. Price C Quality

Explanation:

The price of available stock for purchase is of paramount importance to the buying company. The price determines the level of profitability and which in essence determines continuity in business.

Qualities of raw material input will equally determines the quality of the output and this affects the firm reputation.

The management style of the supplier and his payment terms can be influenced by the buying company through it's purchasing power, so they are not of much piority compared to price and quality.

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3 years ago
Items that are essential to operating a business are considered
hodyreva [135]
D. assets are considered essential in operating a business
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2 years ago
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