<span>This is an example of a Trade Sales Promotion situation. Many companies do this type of thing with techniques such as discounts, coupons, contests and commissions as part of the deals. Also used in these promotions are trade allowances, displays, push money and training programs.</span>
It will take the account holder 15 weeks to come up with a principal balance of $2325.
How?
Principal Balance - Initial Balance: $2325 - $450 = $1875
The account holder needs $1875 more in order to come up with the total principal balance of $2325.
$1875 / Weekly Deposits: $1875 / $125 = 15 Weeks
Answer:
a. $2,600,000
b. $2,500,000
Explanation:
The computation is shown below:
a. The additional revenue raised by State A is
= Revenue after applying the tax rate - initial revenue after applying the tax rate
where,
Initial revenue after applying the tax rate = $800 million × 5% = $40 million
And, the Revenue increased after applying the tax rate is
= $710 million × 6%
= $42.6 million
So, the additional revenue is
= $42.6 million - $40 million
= $2,600,000
b. The additional revenue raised by State Z is
= Sales tax rate × service volume
= 5% × $50 million
= $2,500,000
The type of business ownership is best suited to her needs limited partnership. Thus option (C) is correct.
<h3>What is Partnership Business?</h3>
A partnership business consists of two or more individuals who pool their resources to create a company and agree to split the risks, rewards, and losses.
Law firms, medical groups, real estate investment firms, and accountancy groups are examples of common partnership businesses.
According to the above, scenario, Molly with her husband and the sister-in- law as partners wanted to start a business. She wants faster decision making, least regulation and ease in doing business.
All the requirement of her matches with the limited partnership type of the business where the liability of all the partners are limited to their amount of investment.
Thus option (C) is correct.
Learn more about partnership here:
brainly.com/question/12983082
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