1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Answer correctly or it will be deleted whos my favorite player
xenn [34]

Answer:

Player for what?

Explanation:

If it's football then... Lamar Jackson???

5 0
3 years ago
Read 2 more answers
he following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair val
gavmur [86]

Answer:

the amortization of Other Comprehensive Loss for 2022 is $38,370

Explanation:

The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;

= (Accumulated other comprehensive loss - 10% of Projected benefit obligation)  ÷ given no of years

= ($503,700 - 10% of $1,200,000) ÷ given no of years

= ($503,700 - $120,000) ÷ 10 years

= $38,370

hence, the amortization of Other Comprehensive Loss for 2022 is $38,370

The same would be considered

7 0
3 years ago
You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on
jeyben [28]

Answer:

$63,852

Explanation:

The computation is shown below:

a) PV of payments is

= $23,500 × (1.07^30 - 1) ÷ (0.07 × 1.07^30)

= $2,91,612

b) The Loan PV of payments is $3,00,000

c) And, the Balloon payment required is

= (Borrowed amount - loan PV payments) × (1 + rate of interest)^number of years

= ($300,000 - $291,612) × 1.07^30

= $63,852

5 0
3 years ago
At the beginning of the twentieth century, for the most part, the only investments available to individual investors were corpor
MrMuchimi

Answer:

A. True

Explanation:

In the starting of the twentieth century, the only stock in which an individual invest is the stocks and the bonds but today there is a lot of different type of investment choices who provides the better return. Accprding to the demand of the investor there are various options available for invest

Hence, the given statement is true

5 0
3 years ago
A firm in China sells toys to a U.S. department store chain. Other things the same, these sales:a. decrease U.S. net exports and
kari74 [83]

Answer: decrease U.S. net exports and increase Chinese net exports

Explanation: All things the same, the Chinese is exporting while the American store is importing. As the Chinese is exporting, the net export (the difference between a nation's exports and imports) in China increases and as the American is importing, the net export in America is decreasing.

8 0
3 years ago
Other questions:
  • A small economy increased its capital per hour worked (k/l ) from $40,000 to $50,000. As a result, real GDP per worker (Y/L) gre
    6·1 answer
  • How could a government regulate a natural monopoly? Check all that apply. a.It could buy out the company and operate it instead.
    10·2 answers
  • the interest paid on bonds issued by the united states government is less than the interest on many other forms of investment. Y
    9·1 answer
  • Sales taxes tend to be __________ because low income individuals tend to spend more of their income.
    9·1 answer
  • Credit granted by retailers to consumers who purchase for personal or family use is referred to as answer
    11·1 answer
  • Ruth and Stella were sisters. They owned a house as joint tenants with right of survivorship. Ruth sold her half interest to Roy
    15·1 answer
  • Suppose you're working as a salesperson and one of your prospects tells you they are interested in your product because it is th
    11·1 answer
  • Help me out here I got a d
    6·1 answer
  • Which of the following nonverbal signals can you use to indicate interest and enthusiasm?
    9·2 answers
  • Which of the following describes a person's financial debt or obligation?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!