Owen plans to open Owen's Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate Owen employs few workers and is not expected to earn profit for the first few years. Although, he still hopes to expand his outlet. In this case, a sole proprietorship is the best option because it is easier and cheaper to start a company. The business owner is free to make all decisions without any consultations. The sole proprietorship earns moderate profits and does not require huge funds in the near future. Owen employs only Quinn and Ruth to run the pet store, which means that it is a comparatively small outlet and does not require huge funds for its financing. Owen will enjoy one more advantage of paying a single tax. This means that the owner (Owen) is required to pay tax either on profits or personal income. This is because, in this organization, the owner and the business are the same entity. The earnings from the business are the personal income of the owner.
<h3>What is
business organization?</h3>
The word "business organization" refers to the organizational structure of businesses and how such structure aids in achieving their objectives. Businesses are often built to concentrate on either making a profit or helping society. A company is considered a for-profit entity when it prioritizes making money. An organization is referred to as a nonprofit (or not-for-profit) organization and is not often called a business when it aims to further the social good through the arts, education, health care, or some other sector.
To learn more about business organization from the given link:
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1) bill adjuster
2) budget analyst
3) claims adjuster
I'm pretty sure that those are right. Hope this helps :) :) :)
You could start out by finding out how much demand there is for this kind of service. Go around your neighborhood and ask how likely everyone would be to utilize a dog walking or training business, and how much they would be willing to pay for such a service. Alternatively, you could create a survey online and send it to groups within your city. You can create a survey using Google Forms.
If there is enough demand for it and if the price is right, then present this information to your parents. This way you can show them that you're very serious about starting your own business and you have the know-how to do so.
Starting out with just a focus on dog-walking could be great, and then you could expand from there to training. If you have a good sized yard or a nearby dog park to work at for training, then you're set. After that you can move on to dog rescuing. Of course, you will need more space for rescuing dogs and will definitely need at least a yard.
Good luck with your parents and good luck with the business!
Answer:
a. 13%
Explanation:
Interest Payment = C = $1,000 x 10% = $100
Face Value = F = $1,000
Market Price = P = $814.45
Year to maturity = n = 8 years
Yield to Maturity = [ C + ( ( F - P ) / n )] / [ ( F + P ) / 2 ]
Yield to Maturity = [ $100 + ( ( $1,000 - $814.45 ) / 8 )] / [ ( $1,000 + $814.45 ) / 2 ]
Yield to Maturity = [ $100 + 23.19 ] / 907.225
Yield to Maturity = 123.19 / 907.225
Yield to Maturity = 13.5%
So the nearest option is a. 13%
Answer:
C) 170000 50000
Explanation:
David spend in total 44,000 to acquire a fifth of the company
So the partnership after increasing the land accont had a value for:
44,000 / 0.2 = 220,000
Previously it had 140,000 + 40,000 = 180,000
Increase for 40,000
This increase will be allocate in a share ratio of 3:1
Allen 40,000 x 3/4 = 30,000
Daniel 10,000 x 1/4 = 10,000
Capital balance:
140,000 + 30,000 = 170,000
40,000 + 10,000 = 50,000
The cash from David was directly to Allen and Daniel it do not go through the company
