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Goshia [24]
3 years ago
5

Which type of business is best for Juanita to start? A corporation, because she needs a large investment to get started a sole p

roprietorship, because she will work alone from home a franchise, because many others will want to start the same business a cooperative, so that she and other translators can work together
Business
2 answers:
sashaice [31]3 years ago
8 0
<h2>Type of business for Juanita </h2>

The type of business best for Juanita to start as a sole proprietorship. This type of business is to purchase or rent the required equipment for the business. For becoming a sole proprietorship it also needs to set up some statements registering that Juanita is starting a business.

She also requires to obtain a consent or license from the local government regarding the business she is willing to start. There are many advantages Juanita would have when starting her own set up which may include being her own boss, retention on the company's entire profit and no special taxes to be paid.  

Harman [31]3 years ago
4 0

The correct answer is B. A sole proprietorship, because she will work alone from home.

Sole proprietorship is the simplest business one can start to operate. The person who owns the business is the same person who is responsible for the debts.

A good example of a sole proprietorship is local grocery, art studio or services of IT consultation.

Some of the advantages of a sole proprietorship is that, the owner is the one who enjoys the profits of the business, and its control.

Its disadvantage is the owner is liable for all the liabilities and losses.

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Marigold Corp. bought a machine on January 1, 2011 for $806000. The machine had an expected life of 20 years and was expected to
lidiya [134]

Answer: Marigold should record $134,750 as an impairment loss on July 1, 2021

Explanation:

Given that  

Cost of the machine= 806,000

Expected life= 20 years

Time between January 1, 2011 and July 1 2021 = 10 1/2years

salvage value $76000.  

Fair value= $288, 000

We know that the

Carrying amount /Book Value of machine = Cost of the machine- (Cost of the machine-salvage value)/expected life x time (ie from 2011 and 2021)

Carrying amount of machine =806,000 - [(806,000-76,000)/20  x 10.5 years]

=806,000 -383,250=$422,750

Asset is impaired when the Book value is more than net realizable value,

Here, The Book Value of $422,750 is greater than  net realizable value,$395000.

Therefore  loss on Impairment= Carrying amount - Fair value

$422,750-$288000

=$134,750

5 0
3 years ago
David borrows $230,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 25 years. Payments are made month
tiny-mole [99]

Answer:

EMI  

Loan Amount 230000

Interest rate per period 0.00375

Number of periods 300

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

Where,  

EMI= Equal Monthly Payment

P= Loan Amount  

R= Interest rate per period

N= Number of periods    

= [ $230000x0.004 x (1+0.004)^300]/[(1+0.004)^300 -1]

= [ $862.5( 1.004 )^300] / [(1.004 )^300 -1

=$1278.4147  

Total payment = $1278.4147*300

=$383524.41  

Interest payment = total payment - laon amount

                             =$383524.41-230000  

Interest payment  =$1,53,524.41

Explanation:

3 0
3 years ago
What is the reason AD is downward sloping ? what causes AD to shift? Define OKun's law
salantis [7]

Answer:

Increased spending power.

Explanation:

At a lower price level, consumers are likely to have higher disposable income and therefore spend more.

4 0
3 years ago
Marketing firms strive to ensure that people are aware of their products because people assume that if they have heard about cer
madam [21]

Answer:

Exposure Bias

Explanation:

Basically, exposure bias states that consumer are more likely to buy brands which have higher brand recognition than new companies with no name recognition.

6 0
3 years ago
Which of the following statements is the best way to state your position in a conflict?
Dima020 [189]
Answer A, it causes the least conflict and the person should not feel attacked. It also shares your emotion about the situation in a polite way.
8 0
3 years ago
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