All categories

3 years ago

Which type of financing refers to giving up some control of the business to raise funds?

Business

1 answer:

Lunna [17]3 years ago

3 0

Answer:

The correct answer is (B)

Explanation:

Equity financing is a way to arrange a fund, which includes surrendering some portion of the organisation since it should be imparted to the accomplices of the association who are generally the speculators. However, without the speculators, the organisation activities are probably not going to proceed. This kind of financing is utilised by elements that face hard monetary circumstances or new companies that start tasks

You might be interested in

Mark works strictly on commission of his gross sales from selling two different products for his company. last month, his gross

aliya0001 [1]

It is 27,000 is correct

5 0

3 years ago

Gell Corporation manufactures computers. Assume that Gell:

kkurt [141]

Answer:

$83,000

Explanation:

The computation of the actual manufacturing overhead cost is shown below:

= Indirect labor + depreciation on plant + machinery repair + plant supplies + plant utilities

= $11,000 + $48,000 + $11,000 + $6,000 + $7,000

= $83,000

Only these five items would be considered as a actual manufacturing cost. The rest of the items would be ignored

5 0

3 years ago

In February, a homeowner contracted with a general contractor to have a basement storage space converted to a sauna, but never p

AURORKA [14]

Answer:

Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.

In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.

4 0

3 years ago

Kevin has $20 to spend on summer clothes. He is looking at shirts, shorts, and flip-flops. Shirts are $10, shorts are $15, and f

rusak2 [61]

A the opportunity cost $10 the benefits is that he now has a shirt

5 0

3 years ago

Jing Company was started on January 1, Year 1 when it issued common stock for $36,000 cash. Also, on January 1, Year 1 the compa

san4es73 [151]

Answer:

$716 and $12,300

Explanation:

Original Cost = $16,000 + $2,100

Original Cost = $18,100

Double decline rate = 100/5*2

Double decline rate = 40%

First Year Depreciation = $18,100*40%

First Year Depreciation = $7,240

Second Year Depreciation = $18,100*60%*40%

Second Year Depreciation = $18,100*0.60*0.40

Second Year Depreciation = $4,344

Third Year Depreciation = ($18,100 - $7,240 - $4,344 -$5,800)

Third Year Depreciation = $716

Accumulated Depreciation = $7,240 + $4,344 + $716

Accumulated Depreciation = $12,300

5 0

3 years ago