Answer:
Total Insurance need $166,500
Explanation:
Life insurance [DINK method]
Amount mortgage loan (half) $145,000
Auto loan(half) $7,500
Credit card balance(half) $2,000
Other debts(half) $4,000
Funeral cost $8,000
Total Insurance need $166,500
The balance sheet aggregates all cash inflows, which the company receives from its ongoing activities and investment sources, and all cash outflows.
A company , abbreviated as co., is a felony entity representing an association of humans, whether herbal, criminal or a mixture of each, with a particular goal. company contributors share a common reason and unite to achieve unique, declared dreams.
An organization is a felony entity shaped by a group of individuals to interact in and operate an enterprise in a business or industrial capability. An organization's business line depends on its structure, which may vary from a partnership to a proprietorship, or maybe an employer.
A company is a sort of enterprise structure that may be a separate legal entity from its owners. it's a complex business shape, with better set-up and administrative fees due to greater reporting requirements and higher-stage criminal responsibilities.
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Answer: $30,923
Explanation:
From the question, we are told that as part of an initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a sole proprietorship. Out of the amount, $1,367 is deemed completely worthless and for the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $848.
The amount debited to accounts Receivable for the new partnership will be the difference between the account receivable balance and the amount that was deemed worthless. This will be:
= $32,290 - $1,367
= $30,923
Therefore, the amount debited to Accounts Receivable for the new partnership will be $30,923
Answer:
The correct option is B
Explanation:
FDI is an investment in the business through an investor from another country and control is with the foreign investor over the company purchased.
Licensing means all the contracts to which the third part has granted or licensed any right to its subsidiaries or company.
So, the reason for preferring FDI instead of license is sharing the intellectual know how with the foreign rival might be risky as this is a limitation in licensing.
