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sweet-ann [11.9K]
3 years ago
9

Franklin, John, Henry, and Harry have decided to pool their financial resources and business skills in order to open up and run

a coffee shop. They will share any profits or losses that the business generates and will be personally responsible for making good on any debt that their business undertakes.
Business
1 answer:
zavuch27 [327]3 years ago
6 0

Answer:

A) Partnership

Explanation:

A partnership is a type of business where two or more people (called partners) come together and form one single company. The main advantages of forming a partnership are:

  1. partnerships are easy to set up
  2. since more than one person is involved, a partnership can gather more capital
  3. the talents of the partners are shared
  4. the partnership is not taxed directly, it is a pass through entity where the partners are taxed directly

The main disadvantage of forming a partnerships is that the partners are personally liable for all the partnership's debts and obligations.

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g The shareholders' equity of Diakovsky Company at the beginning and end of 20X6 totaled $16,000 and $21,000, respectively. Asse
Pavel [41]

Answer:

$38,000

Explanation:

The accounting equation shows the relationship between the various elements of the balance sheet which are assets, liabilities and equity. The equation is as shown below;

Assets = Liabilities + Equity

At the beginning of 20x6

$25,000 = liabilities + $16,000

Liabilities = $25,000 - $16,000

= $9,000

If liabilities increases by $8,000

At the end of 20x6,

Liabilities = $9,000 + $8,000

= $17,000

Total Assets = $17,000 + $21,000

= $38,000

5 0
4 years ago
Suppose you just won the state lottery, and you have a choice between receiving $3,025,000 today or a 20-year annuity of $250,00
Georgia [21]

Answer:

r = 5.35%

Explanation:

Given:

  • n = 20
  • PV = -$3,025,000 (the amount you should have if you receive a lump-sum today)
  • PMT = $250,000

To find the rate of return that built into the annuity, we can use Excel with following information of the function:

=rate(nper, pmt, -PV)

<=> rate (20,250000, -3025000 )

<=> r = 5.35%

Hope it will find you well.

8 0
4 years ago
When an ad for the American Indian College Fund used the headline, "I Will Keep 286,000 People from Losing Their Sacred Land" to
Katena32 [7]

Answer:

there are several options for this question and they are,

A. teaser

B. testimonial

C. direct

D. transformational

E. indirect

and the correct answer is E. Indirect.

Explanation:

if you look at this advertisement, you can clearly see that the title is detailed to an extent, stating a specific number 286,000 people. and then the importance of the "lands'' are highlighted by stating the word "sacred". when you state something is "Sacred", it sort of send out a single to the readers mind that it can be religious or highly sensitive.

apart from this, although the statement say that "I will keep", it does not say "keep safe from whom?" so this too greatly and indirectly influence the reader.

5 0
4 years ago
The most critical aspect of a WAN services contract is how the service provider supplies troubleshooting, network management, an
omeli [17]

Answer: True

Explanation:

8 0
4 years ago
PLEASE HELP ME ILL MAKE YOU BRAINLIEST
Kryger [21]

Answer:

I for one think that B is the answer.

3 0
3 years ago
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