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3 years ago

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

1 answer:

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If the fund is mutual then there are more people that are invested so if it crashes it is less likely to take you down with it

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East Hill Home Healthcare Services was organized five years ago by four friends who each invested $10,000 in the company and, in

kotegsom [21]

Answer:

1. Was East Hill Home Healthcare Services organized as a sole proprietorship, a partnership, or a corporation?

East Hill Home Healthcare Services should be considered a closed corporation since there is a small number of stockholders and its shares are not traded in an open trade market.

2. During the current year, the records of the company were inadequate. You were asked to prepare the summary of the preceding transactions.

Since there is not enough room here, I used an excel spreadsheet.

4. What amounts do you need? If some amount is missing, look at the attached PDF.

total assets = $870,000

total liabilities = $280,000

total equity = $590,000

current assets = $134,500

current liabilities = $100,000

5. Compute the current ratio for the current year

current ratio = current assets / current liabilities = $134,500 / $100,000 = 1.345

Download pdf

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3 years ago

Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $6,400 and a fair mark

harina [27]

Answer:

Answer for the question

Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $6,400 and a fair market value of $16,100. Kelsey will invest a building with a book value of $46,500 and a fair market value of $64,300.

What amount will be recorded to Sandra's capital account?

Is given in the attachment.

Explanation:

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3 years ago

Complements are products or services that have a potential impact on the _________ of the products or services of that company.

oksano4ka [1.4K]

Answer:

Value

Explanation:

Hope this helps :)

3 0

3 years ago

Convenience goods like Coke are available almost everywhere in the United States. Thus, Coke uses ______ distribution:

Doss [256]

Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.

This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.

Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.

Learn more here:

brainly.com/question/3520708

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2 years ago

How would you pay taxes on a earned income?

nasty-shy [4]

You must pay two types of taxes on earned income: Social Security/Medicare taxes (called FICA, OASDI, or payroll taxes) and income taxes. The payroll taxes that are withheld from your paycheck have two components.

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3 years ago