Answer:
B
Explanation:
A sole proprietorship is when only one person runs a business
characteristics of a sole proprietorship
- Unlimited liability
- Only one person owns the business
- Limited sources of capital
Doesn't exist perpetually.
A partnership is when at least two people come together to form a business
Features of a partnership :
1. Unlimited liability
2. Limited sources of capital as they cannot raises funds in the capital market.
Answer:
12.75 years
Explanation:
Solution
Recall that:
The earnings of Brockman Corporation per share is =$3.50
The growth rate in 5 years = 9.0%
Now,
We apply this formula which is stated below:
A=P(1+r/100)^n
P = present value
n = period of time
r = the rate of interest
Thus,
(3*3.5)=3.5*(1.09)^n
3=(1.09)^n
By applying long on either side we have the following
log 3=n*log (1.09)
n=log 3/log (1.09)
Approximately, this is equal to =12.75 years
Therefore, it will take Brockman's EPS to triple in 12 .75 years.
Net working capital is the difference between the Total Current Assets and Total Current Liabilities.
The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.
Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210
The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.
Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325
So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>
Answer:
The correct answer would be High Inflation Rate.
Explanation:
If the united states decides to use a loose money policy to assist businesses in borrowing money in an effort to help them hire more people, the unlikely outcome or the consequence of it will be the higher rates of inflation. Loosing money policy means injecting money into the economy, increasing the money flow, increasing the money circulation in the economic system. This would increase the inflation in a country, which is the higher circulation of the money within an economy through the regular rise in the prices of the products or services. So higher inflation rates will be the consequence of the loosing of money policy within a country.
Answer:
The Correct Answer is = Option 2:
Total units to be accounted for = “Beginning units in Process + Units started into production”
Explanation:
This is a multiple choice question and we are asked to choose the correct option out of it.
So,
The Correct Answer is = Option 2:
Total units to be accounted for = “Beginning units in Process + Units started into production”
Example:
Beginning units = 50000
Units Started = 90000
Total units to be accounted for = 140000
Units Completed = 44000
Ending Units = 96000
Total units to be accounted for = 140000