Answer:
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
Explanation:
There is no avoidance to double taxation under corporate form, as company's pays tax on net income earned, and then if there is any distribution of income to shareholders, the shareholders are charged individually.
There is no such ease in transfer of share whether in corporate form or partnership form.
There is an indefinite liability in case of insolvency of sole proprietorship on the sole proprietor, as he is the only person in ownership of such shares.
No, voting rights in a corporate form are dependent on number of shares held.
Therefore, the correct statement is:
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
Answer:
D. Since A. B. AND C. Are normal things, It'd make sense for it to be D.
Answer:
$398,000
Explanation:
Data provided
Projected benefit obligation = $4,870,000
Plan assets = $4,472,000
The calculation of pension liability on Noble's balance sheet is shown below:-
= Projected benefit obligation - Plan assets (at fair value)
= $4,870,000 - $4,472,000
= $398,000
Therefore for computing the pension liability on Noble's balance sheet we simply deduct the plan assets from projected benefit obligation.
Using the Hypergeometric distribution principle, the probability of X = 3 in the function is 0.4396
Defining an hypergeometric distribution function :
The parameters given :
- N = 15
- r = 4
- X = 3
- n = 10
Using Combination :
Recall : nCr = n! ÷ (n-r)!r!
Using a calculator :
Therefore, the probability of X = 3 in the hypergeometric function is 0.4396 (rounded to 4 decimal places).
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Answer:
Though its not explicity mentioned in the question, I am assuming you want to know the correct option. The correct option in this case is option 2.
Explanation:
As stated in the question, the difference in classifying goals as either long term, short term or intermediate depends on the time frame involved.
Short term goals can be achieved in a few months generally and are set to define goals with the time horizon of a maximum of 1 year.
A long term goal, as the term suggests, is one that takes a significant amount of time. Generally, long term goals are set using a time frame of 10 years.
Given that long term goals cover a longer time period while a short term goal covers a span of 1 year, individuals many times set intermediate goals to keep them motivated. Intermediate goals therefore generally cover a time frame of 2 to 5 years.
Therefore, in the context of the question, these three types of goals can take from 1 to 10 years to accomplish
