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andreyandreev [35.5K]
3 years ago
15

Huong is opening an international food store. Though her products will span the globe, she wants to focus on items from the Midd

le East. She wants to be the firm's only general partner, but she is trying to get several friends to participate as limited partners. It's apparent Huong wants to
a. limit her personal liability to the amount she personally invests in the company.

b. keep all of the firm's profits.

c. obtain a strong financial base for the firm while maintaining personal control over the firm's management.

d. meet the legal requirements of the Uniform Partnership Act.
Business
1 answer:
Marina CMI [18]3 years ago
8 0
C bc it makes very good since
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Fast Turnstiles Co. is evaluating the extension of credit to a new group of customers. Although these customers will provide $41
k0ka [10]

Answer:

Follows are the solution to this question:

Explanation:

In point A-1:

Calculating the value of Incremental sales after tax:  

Further revenues= $414,000  

Recognize(Less)=Costs

Debt worth =$33,120  

Set Exp. = $17,400    

Production and commercialization cost= $314,640  

Pre-sales tax =$48,840.  

Lower: 35%   tax = $17,094  

Incremental tax income =$31,746

In point A-2:

Determine profits for extra expenditure  

Extra spending on debts = \frac{ \$ 414,000}{\$ 5}

                                         = \$ 82,800.

Return on the Expenditure = \frac{\$ 31746}{ \$ 82800}

                                             = 38.34 \%

In point A-3:

Yeah, For the Fast Turnstiles company must provide certain consumers with loans.

In point B-1:

Incremental taxes after-tax calculation:  

Further sales = $ 414,000    

Return: Costs  

gross debt= $45,540    

Set Exp = $17,400  

Cost for production and marketing = $314,640  

Net profits=$ 36,420  

Without tax 35% = $12,747  

Incremental tax revenue= $23,673    

In point B-2:    

Determine profits for extra expenditure  

Extra investment in debts = \frac{ \$ 414,000 }{ \$ 5}

                                             = \$ 82,800

Incremental return on that investment = \frac{\$ 23673}{\$ 82800}

                                                                   = 28.59 \%  

In point B-3:      

Yeah, The Fast Turnstiles company must provide to certain consumers to credit.

In point C-1:    

The incremental tax revenue estimate  

$414,000 = excess revenue  

Remember Costs

Debt worth= $ 33,120  

set Exp = $17,400    

Production and commercialization cost=  $314,640  

Pre- sales  tax = $48,840.  

Less: 35% Tax = $17,094  

Incremental tax income=  $31,746  

Calculate profits for extra expenditure  

Extra Accounting Investment = \frac{\$ 414000}{1.6}

                                                 = \$ 258750

Incremental Return= \frac{\$ 31,746} {\$ 258,750}

                                = 12.27 \%

In point C-2:

Yeah, its credit should be granted to all these consumers through Fast Turnstiles company limited.

3 0
3 years ago
The difference between the actual amount paid and the standard price paid to purchase an item is called a
Ksivusya [100]

Answer:

Purchase Price Variance (PPV)

Explanation:

6 0
3 years ago
The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more
OLga [1]

Answer:

False

Explanation:

Signing a project charter rarther than project portfolio signal the trasition of a project from high level initiating phse into a more detailed project planning stage.

cheers.

5 0
3 years ago
An uncle of yours who is about to retire wants to sell some of his stock and buy an annuity that will provide him with income of
lions [1.4K]

Answer:

It should cost $605,183.13 today.

Explanation:

Giving the following information:

Cash flow= $50,000

Number of years= 30

Interest rate= 7.25%

To calculate the present value, first, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {50,000*[(1.0725^30)-1]} / 0.0725

FV= $4,940,897.47

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 4,940,897.47/ (1.0725^20)

PV= $605,183.13

8 0
3 years ago
Sven believes that his co-worker was promoted to manager because of her hard effort and winning personality. what type of attrib
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you have 30 minutes to complete this assignment. SHOW YOUR WORK OR YOU GET NO CREDIT. I will not be here Monday. you quizizz code is on canvas.

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