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Vikentia [17]
3 years ago
14

What do statistics show about most Americans’ financial management?

Business
1 answer:
anzhelika [568]3 years ago
7 0

Answer:

46%of Americans couldn't come out with $400 in an emergency

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What is the difference between LLC and sole proprietor?
oksano4ka [1.4K]

Answer:

Explanation:

Sole proprietor: The sole proprietor is the owner of the company which runs the business individually without involving any other member.

Limited liability Company (LLC): The LLC is the company which has limited liability towards everything like - business expenses, obligations, etc.

The difference between these two is as follows:

1. Liability: The sole proprietor has unlimited liability whereas the LLC has limited liability

2. Ownership control: In the sole proprietorship, the single owner is there who is responsible for all the things but in the LLC it includes various employees, members, outsiders who are responsible for their task and control the business activities together.

3. The Number of owners: In a sole proprietorship, only one owner is there but in LLC, many owners can be there.

4. Existence of the entities: If the business owner dies than the proprietorship is not in existence whereas in the LLC the company is in existence whether someone dies or not because other peoples are there to take their position.

7 0
3 years ago
Many businesses today are abandoning traditional business attire and allowing their employees to come to work in business casual
fredd [130]

Answer:

Derived

Explanation:

Today's employers are foregoing traditional business clothing in favour of allowing their staff to dress in business casual, which generally excludes ties, cufflinks. As a consequence of this cultural tendency, there has been a decline in the selling of silk ties. Because the market for silk is driven from consumer spending for silk ties, a reduction in consumer spending for silk has resulted in a decrease in desire for silk.

5 0
3 years ago
Brubaker Inc., a manufacturer of high-sugar, low-sodium, low-cholesterol frozen dinners, would like to increase its market share
Zielflug [23.3K]

Answer: Building C

Explanation:

We will take out the present value of each of the alternative

A: PV = $610000

B: PV = 70000 + 70000×(P/A,12%,24) = 614902

Where, [P/A, r %, n] = [((1+r)^n -1)/(r(1+r)^n]

r=12%=12/100=0.12 ;  n=24

70000 + 70000 * [((1+0.12)^24 -1)/(0.12(1+0.12)^24]

= $614902

C: PV = 650000- 6000×(P/A,12%,25) = 602941

 recall, [P/A, r %, n] = [((1+r)^n -1)/(r(1+r)^n]

r=12%=12/100=0.12 ;  n=25

650000 - 6000 * [((1+0.12)^25 -1)/(0.12(1+0.12)^25]

= $602941

Thus, the minimum will be selected, that is building C  

8 0
4 years ago
The chicken-or-egg problem was an example of a(n) Multiple Choice first-mover disadvantage. economy of scale. economy of scope.
Over [174]

Answer:

threat of new entrant.

Explanation:

Chicken or egg problem in economics is referred to as attraction to buyers. This is strategy for market setup or entry in the new market which will increase the competition. Sellers try to drive attraction to its customers with new and unique features of the products.

5 0
3 years ago
Bramble, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot i
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determine the cost per CD for each group using tsv method

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