<span><span>1. </span>Discuss the following statement: "Corporations are not
really run by their owners." Corporations are run by everyone who works
for the corporation and without everyone working together, it will not run
smoothly and bring in revenue.
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2. Why might an investor choose to become a partner in a limited partnership
instead of purchasing the stock of an open corporation? If an investor decided
to join in a limited partnership instead of purchasing the stock on an open
corporation they would have less to do with the business side as they would in
an open corporation. When an investor joins in a limited partnership they have
less management responsibility and little to no liability besides their initial
investment.
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3. Is growth a good thing for all firms? How does management know when a firm
is ready to grow? Growth is not a good thing for all firms. Depending on what a
company is looking to achieve long term, the financial assets they have now to
achieve their growth and other goals are all subject to what the company is
able to do with the finances and staffing they have. When a corporation is
trying to decide whether or not they should grow, management will examine all
aspects of the company to make sure they align with the growth plan.
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<span>
4. If you were to start a business, which ownership form would you choose? What
factors might affect your choice? If I were to start a business, I would
probably choose a limited liability company (LLC) as the ownership form and
structure. An LLC is where the members within the company are not held personally
liable for the company’s debts or liabilities. Think ownership form works well
if you were to join forces an open up a business with a friend or family member.
An LLC keeps the tax side of the business easier as allowing the individuals to
be self-proprietors. When considering factors that may change this decision
they would include: who I am going in business with, what I am in business for,
my end goals, current goals and current financial status. </span>
Answer:
prepare an expense record, and make certain that his credit is good so he can continue to spend more than he makes
Explanation:
Since in the question it is mentioned that an individual is recently hired as a financial analyst for a big company he remebered that how he can manage his personal finance and the financial concerns so in order to maintain its approach with respect to his own finance we should suggest that first prepare the record of an expense and also certain about the good credit score so that he is able to spend more
Therefore the first option is correct
Hey there!
I think you meant to type "value of what you <em>own</em> minus what you owe". Let me know if this assumption isn't correct, though I don't know what the value of what you owe is besides... ya know, what you owe.
The value of what you own is called you assets. This can include anything of value that you own, particularly your pricier possessions. Think of a vintage family heirloom or a highly–priced article of clothing. Assets, though, includes the value <em>everything</em> that you own that you could possibly put a price tag on if you were certain someone would buy it.
What you owe is called your liability. This is basically any debt that you owe anyone, whether it be your buddy who footed your lunch bill the other day when you didn't have enough cash or a student loan you used to pay for college.
Your assets minus your liability is called your net worth. This is basically what you are worth in total. This makes sense, since any debt you owe will be taken out of the amount that you are worth or any money that you have.
Net worth will be your answer.
Hope this helped you out! :-)
Answer:
79.5%.
Explanation:
Rate of return =
x 100
The cost of the acre = $12700.
Total property taxes paid for 7 years = $175 x 7
= $1225
Net value of cost = $12700 + $1225
= $13925
Net value of the land when sold = $25000
∴ Rate of return =
x 100
= 0.7953 x 100
= 79.53%
The rate of return of the acre of land is 79.5%.