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
Irina-Kira [14]
3 years ago
12

Because Mike is only accountable for the $20,000 he invested in his friend Matt's company, the

Business
1 answer:
Arlecino [84]3 years ago
7 0
The answer is limited liability partnership
You might be interested in
Explain the key function of the marketing manager..
harina [27]

Marketing manager analyze the demand regarding the product as well as the trend.

Explanation:

Marketing manager has to perform various responsibilities, they are as follows-

<u>Coordinates and advises various business activity</u>

A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales  as well as purchase

<u>Identifying market potentials</u>

A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .

<u>Launch attractive product</u>

A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.

<u>Create a good market plan</u>

A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.

5 0
3 years ago
The environmental protection agency of a county would like to preserve a piece of land as a wilderness area. The current owner h
makvit [3.9K]

Answer:

a. Assuming that the yearly benefits, which are measured in real dollars, accrue at the end of each of the 20 years, calculate the net benefits of leasing the land. Should the environmental protection agency pay for this piece of land?

the net benefits of leasing the land = the present value of the benefits generated

PV = annual benefit x pv annuity factor

  • annual benefit = $110,000
  • pv annuity factor 20 years, 4% = 13.590

PV = $110,000 x 13.59 = $1,494,900

Since the present value of the benefits is higher than the lease price, then this transaction should be carried out.

b. Some analysts in the agency argue that the annual real benefits are likely to grow at a rate of 2 percent per year due to increasing population and county income. Recalculate the net benefits assuming that they are correct. Should the environmental protection agency pay for this piece of land?

this is a growing annuity, therefore we have to use the following formula:

PV = [p / (r - g)] x {1 - [(1 + g)/(1 + r)]ⁿ}

  • p = $110,000
  • r = 4%
  • g = 2%
  • n = 20

PV = [$110,000 / (4% - 2%)] x {1 - [(1 + 2%)/(1 + 4%)]²⁰} = $5,500,000 x 0.321833005 = $1,770,081.53

Since the present value of the net benefits are even higher now, then the environmental agency should definitely pay.

5 0
3 years ago
Which of the following best describes the "invisible hand" concept? Group of answer choices Ample regulation of business by the
Nostrana [21]

Answer:

Self-interest in a market system will automatically promote the public interest as well.

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.

A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.

The "invisible hand" concept asserts that the self-interest by producers and suppliers of resources in a market system will automatically promote the public interest as well.

This ultimately implies that, public and private interest will always coincide assuming there exist competition in a free market system.

In conclusion, the invincible hand concept is a metaphorical description of the unforeseen forces that typically moves a free market system or economy.

4 0
3 years ago
The following information was taken from the income statement and balance sheet of The Perryman Company for the years 2018 and 2
puteri [66]

Answer:

a. Net profit margin for 2019 = 35.93%

b. Asset turnover for 2019 = 0.29 times

c. Return on assets = 10.24%

Explanation:

Note: This question is not complete. The complete question is thereore provided before answering the question as follows:

The following information was taken from the income statement and balance sheet of The Perryman Company for the years 2018 and 2019:

                                                 2019                2018

Sales revenues                     $590,000       $574,000

Net income                               212,000          184,000

Total assets                            2,142,000      1,998,000

Total stockholders’ equity        712,000        690,000

Compute the following ratios for 2019:

Net profit margin

Asset turnover

Return on assets

The answers are now explained as follows:

a. Net profit margin for 2019

This can be calculated as follows:

Net profit margin for 2019 = Net income in 2019 / Sales revenues in 2019 = $212,000 / $590,000 = 0.3593, or 35.93%

b. Asset turnover for 2019

This can be calculated as follows:

Asset turnover for 2019 = Sales revenues / Average total assets = Sales revenues in 2019 / ((Total assets in 2019 + Total assets in 2018) / 2) = $590,000 / (($2,142,000 + $1,998,000) / 2) = 0.29 times

c. Return on assets for 2019

This can be calculated as follows:

Return on assets = Net income / Average total assets = Net income in 2019 / ((Total assets in 2019 + Total assets in 2018) / 2) = $212,000 / (($2,142,000 + $1,998,000) / 2) = 0.1024, or 10.24%

4 0
3 years ago
A firm has an opportunity to invest $95,000 today that will yield $109,250 in one year. If interest rates are 4%, what is the ne
Goryan [66]

Answer:

The net present value (NPV) of this investment is C) $10,048

Explanation:

Net present value (NPV) is the value of the future cash flows over the entire life of an investment discounted to the present.

The firm  invests $95,000 today that will yield $109,250 in one year. The interest rates of the investment are 4%. The net present value (NPV) of this investment:

NPV = $109,250/(1+4%) - $95,000 = $10,048

​

3 0
3 years ago
Other questions:
  • if real gdp in 1995 was $4053.7 billion and nominal gdp in 1995 was $4220.3 billion, what was the value of the gdp deflator in 1
    6·1 answer
  • Once you’ve graduated college how should you update your resume
    11·2 answers
  • A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​
    5·1 answer
  • Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
    12·1 answer
  • Well-conceived visions are ________ and ________ to a particular organization and they avoid generic, feel-good statements that
    10·1 answer
  • Its retained earnings is the actual cash that the firm has generated through operations less the cash that has been paid out to
    10·1 answer
  • LCI Cable Company grants 2.9 million performance stock options to key executives at January 1, 2021. The options entitle executi
    7·1 answer
  • Imagine that the chairperson of the Federal Reserve announced that, as of the following day, all currency in circulation in the
    10·1 answer
  • Who is an HR manager?
    8·1 answer
  • Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exc
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!