Answer:
The correct answer is letter "A": Lose their personal assets as the result of their company's financial problems.
Explanation:
A general partnership is the type of business that is set in a form in which all the individuals involved in the ownership of the business share the assets, profits, and legal liabilities. General partnerships are said to be <em>unlimited liable </em>since the <em>personal assets of the individuals involved can be taken into consideration in front of business obligations</em>.
Answer:
big data
Explanation:
Big data refers to structured and unstructured large data sets that can be used to analyze patterns and trends relating to human behavior and interactions. Big data will enable organizations like Prep for Success to better tailor their products/ services and marketing strategies in order to meet the needs of their customers and promote business growth.
Answer:
$4,800
Explanation:
property taxes are calculated using the assessed value, in this case the county will use $160,000 x 75% = $120,000
if the tax rate is 4% of assessed value, then the total property tax bill = $120,000 x 4% = $4,800
Generally, property taxes are collected by counties or municipal governments and they are used to fund school districts, libraries, fire departments, parks, etc.
Answer:
On average, the client will have to wait for 20.6 hours to receive their product
Explanation:
The client will receive their order after their request has been fully processed. This can be expressed as;
Total quantity to be processed=fixed processing rate×number of processing hours
where;
Total quantity to be processed=103000 gallons
fixed processing rate=5000 gallons/hour
number of processing hours=h
replacing;
103,000=5,000×h
h=103,000/5,000
h=20.6
On average, the client will have to wait for 20.6 hours to receive their product
Answer:
The minimum annual cash flow required to accept the project is:
= $63,883.17
Explanation:
a) Data and Calculations:
Initial investment cost of the project = $461,300
Project's estimated life = 10 years
Project's required return rate = 8.1%
The minimum annual cash flow required to accept the project is derived from an online financial calculator as follows:
N (# of periods) 10
I/Y (Interest per year) 8.1
PV (Present Value) 461300
FV (Future Value) 0
Results:
PMT = $63,883.17
Sum of all periodic payments = $638,831.69
Total Interest = $177,531.69