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3 years ago

17. Functions of a business. Name and explain

Business

1 answer:

ivanzaharov [21]3 years ago

7 0

Answer:

Glossary

Explanation:

Business functions are the activities carried out by an enterprise; they can be divided into core functions and support functions

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Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability compa

lozanna [386]

Answer:

Explanation:Answer:

Explanation: Characteristics of a proprietorship:

1. Owned by single individual

2. Less regulated Subject to unlimited liability

3. Has unlimited life Subject to lower income taxes

Michael founded and operated a wedding planning agency, which specialized in celebrity weddings. When he died, his business was dissolved because there was no plan for control after his death. Sole proprietor

DDX Co. is a shipping company. Tyler owned 1,000 shares of DDX stock. He found better opportunities and sold his entire stake in DDX to another investor. Limited liability company.

Jackson and his friend Shirley run a carpet cleaning business. They distribute the profits proportionately and file their individual taxes. Partnership

Tyler, Jackson, and Jose own an accounting firm in San Francisco. All share in the profits of the firm proportionately and file taxes at an individual level. According to their agreement, none of the owners will be held personally liable for the accounting firm's debt. Limited partnership

Businesses in the form of corporations offer their owners several advantages, but the benefits come at a price. For instance, corporations are required to create a charter, set bylaws, and file mandatory reports with state and federal authorities, which can get expensive and time consuming. The filing document, which requires the company to state: (1) the name of the proposed corporation, (2) types of activities the company will be involved in, (3) amount of capital stock, (4) number of directors, and (5) names and addresses of the directors, is called the corporate limited liability company

6 0

3 years ago

he next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4.

Elan Coil [88]

Answer:

The Required Return is 10.82%.

Explanation:

The Dividends Model for the Constant Growth is given below:

P0 = D1 / (Ke - g)

Arranging the above equation for "Ke", that is the Required Return:

⇒ Ke = (D1 / P0) + g

Putting Values and we get:

Required Return = Ke = (2.34 / 37) + .045 = .1082 = 10.82%.

Thanks!

8 0

3 years ago

Tim Cook is described as delegating responsibilities to others, empowering them, and sharing the limelight with his leadership t

hram777 [196]

Answer: respect for employees

Explanation:

The options to the question are:

a. integrity

b. respect for employees

c. emotional intelligence

d. placing culture above individual

Transformational leadership is a form of leadership whereby the leaders motivate, inspire and encourage the employees in order to achieve organizational goals and make the firm successful.

From the question, we are informed that Tim Cook is described as delegating responsibilities to others, empowering them, and sharing the limelight with his leadership team. The aspect of transformational leadership that this suggest is respect for employees.

4 0

3 years ago

Companies generate income from their "regular" operations and from things like interest on securities they hold, which is called

mylen [45]

Answer:

$1,500

Explanation:

The computation of the firm operating income is shown below:

= Sales - operating cost other than depreciation - depreciation expenses

= $9,000 - $6,000 - $1,500

= $1,500

We simply deduct the operating cost and the depreciation expenses from the sales revenue amount to find out the earnings before income and taxes (EBIT) or firm operating income

6 0

2 years ago

Through which tool does the federal reserve affect money available for banks to loan? discount rate money multiplier open-market

erastovalidia [21]

The federal reserve affects money available for banks to loan by using the reserve requirement tool.

<h3>What is the reserve requirement in monetary policy? </h3>

Reserve requirement is said as the set-aside funds by the commercial banks that they utilize for meeting their liabilities and instant withdrawal from customers.

Therefore, when Fed increases the rate of reserve requirement then banks need to hold the large amount which reduces their ability to loan more funds. It ultimately reduces the money supply and vice-versa.

Learn more about monetary policy here:

brainly.com/question/13926715

4 0

2 years ago