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chubhunter [2.5K]
3 years ago
6

ECONOMICS!! PLEASE HELP ME!!

Business
1 answer:
Paraphin [41]3 years ago
4 0
Makes welfare of citizens a priority
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funds are created when individuals or organizations contribute resourcesto a trust with the agreement that principal and/or inco
Eva8 [605]

Funds are created when individuals or organizations contribute resources to trust with the agreement that principal and/or income will be used to benefit individuals or private organizations in a Private-Purpose trust.

A funding fund is a manner of investing money among different traders so one can enjoy the inherent benefits of operating as part of a group such as decreasing the dangers of the funding by a massive percentage.

A fund is a pool of money set apart for a particular reason. The pool of cash in a fund is frequently invested and professionally controlled which will generate returns for its traders. A few not unusual styles of price range include pension budget, coverage funds, foundations, and endowments.

The primary assets of investment are retained profits, debt capital, and fairness capital. Groups use retained earnings from enterprise operations to amplify or distribute dividends to their shareholders. Corporations increase the budget by means of borrowing debt privately from a bank or via going public (issuing debt securities).

Learn more about  Funds here brainly.com/question/25887038

#SPJ4

8 0
2 years ago
Market researchers often compute the “mean” or average of data collected. Wha is the mean income of the following three people s
zheka24 [161]

Answer: The mean income of the three people surveyed is $33,000.

The mean or average of a data set is nothing but the sum total of all the observations in a given set of data divided by the number of observations.

The formula for calculating the mean is:

\mathbf{\overline{X} = \frac{X_{1}+X_{2}+X_{3}.....+X_{n}}{N} }

where

\overline{X} is the mean or average

X₁ , X₂, X₃ .......Xn refers to the observations

N is the total number of observations

Substituting the values in the formula for mean we get,

\mathbf{\overline{X} = \frac{34000+44000+21000}{3}}

\mathbf{\overline{X} = \frac{99000}{3}}

\mathbf{\overline{X} = 33,000}






7 0
4 years ago
On November 1, 2021, New Morning Bakery signed a $191,000, 6%, six-month note payable with the amount borrowed plus accrued inte
rosijanka [135]

Answer:

$196,730

Explanation:

The note payable signed has an interest rate of 6% per year. Since the amount is paid back in 6-months, only half a period should be considered when calculating interests due. The total amount that New Morning Bakery should pay back on May 1, 2022 is given by:

A =\$191,000*(1+(0.06*0.5))\\A=\$196,730

The company will need to pay $196,730.

8 0
3 years ago
Give at least one disadvantage of incorporation and explain why it is a disadvantage.
Naya [18.7K]

Answer:

1. Lack of ownership

2. Higher taxation

3. Legalities and formalities

Explanation:

An incorporated company is one that has a separate legal entity from that of its owner and shareholders. Disadvantages of an incorporated company include:

  • <em>Lack of ownership</em>

An incorporated business is a separate entity from its owner. Hence, separate bank accounts would be required along with separate business identification since personal identification would not be sufficient. At the same time, personal funds must be kept separate from business funds. Mixture of the two is an offense against the law. Also, as shareholders are involved, they may have voting rights, hence, the owner will not have a complete say in all business activities.

  • <em>Higher taxation</em>

Incorporated companies are expected to pay higher taxes whilst others may have minimum taxable limits. The owner will have to pay income tax as well as corporate taxes. They will also accumulate other expenses such as accounts and legal fees whilst processing these complex taxation methods.

  • <em>Legalities and formalities</em>

Incorporating a business in itself requires complex procedures and a lot of paperwork. After this has been accomplished, the company is still expected to follow strict codes of conduct such as those provided by the Companies Act. This would include the way borrowings and lending occur, investments, dividend provisions, meetings and audits. They will also have to register documents under the Registrar of Companies.

5 0
4 years ago
The safest action to take if someone claiming to be from your bank calls you to ask for account information is to
mezya [45]
Call them and tell them to not do it, if they don't listen, call the police...simple...
8 0
4 years ago
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