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Masja [62]
2 years ago
15

The reason a professional such as a lawyer or doctor would incorporate his/her business is

Business
1 answer:
Nesterboy [21]2 years ago
7 0

Answer:

(3) to protect his/her other assets with limited liability.

Explanation:

The reason a professional such as a lawyer or doctor would incorporate his/her business is to protect his/her other assets with limited liability. Limited liability will be very good option for the professionals such as lawyer and doctors because it provides a sense of security. Limited liability secures the owners from any kind of loss if happens in business. Although, it is obviously much costlier but personal assets of the owners are also secured in the case if the business goes bankrupt therefore, it is the very best option for the professionals.

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The same amount of principal is invested in different accounts earning the same interest rate. Which of the following accounts w
Sophie [7]
D.) An account earning interest compounded daily.

This is the account that would have the greatest accumulated value at the end of one year.

Let us assume the following figures.
Principal = 1,000
Interest rate = 12% p.a.
Term 1 year 

a) account earning no interest = 1,000
b) account earning simple interest
S.I. = 1,000 x 12% x 1 = 120 
Balance = 1000 + 120= 1,120
c) account earning interest compounded annually
FV = 1,000 (1+.12)¹
FV = 1,000 (1.12)
FV = 1,120
d) account compounded daily
FV = 1,000 (1 + .12/365)³⁶⁵
FV = 1,000 (1 + 0.00033)³⁶⁵
FV = 1,000 (1.00033)³⁶⁵
FV = 1,000 (1.128)
FV = 1,128

6 0
3 years ago
Read 2 more answers
An hourly employee works 40 regular hours during a pay period. His base pay
ioda
C is the awnser :)!!!
4 0
2 years ago
Although he is not sure about specific products, Diogo heads directly for a store selling Godiva Chocolates, because he knows th
Shalnov [3]

Answer:

brand awareness is the correct answer.

Explanation:

6 0
2 years ago
The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 56% in month following
DaniilM [7]

Answer:

D. $155,600

Explanation:

The calculations of the budgeted cash collections are shown below:

= June sales × sale month collection percentage + May sales × following month collection percentage  + April sales × second following month collection percentage

= $150,000 × 40% + $160,000 × 56%  + $150,000 × 4%

= $60,000 + $89,600 + $6,000

= $155,600

Simply we multiplied the sales with the collection criteria

5 0
3 years ago
The discounted payback period rule states that a company will accept a project if?
yawa3891 [41]

According to the "Discounted Payback Period Rule," a business will approve a project if the calculated payback is shorter than a predetermined period of years.

Definition of Period of Repayment

The number of years required to recover the initial financial investment is referred to as "payback time." In other words, it measures how long a machine, facility, or other investment has produced enough net income to cover its costs.

<h3>What are NPV and payback period?</h3>

While NPV (Net Present Value) is calculated in terms of money, payback technique refers to the length of time required for a return on investment to equal the initial investment. Payback, NPV, and countless more metrics are examples of approaches to measure the worth of a project.

To learn more about Payback period visit:

brainly.com/question/13928462

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4 0
2 years ago
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