Klippert is best described as a SOLE PROPRIETORSHIP.
A sole proprietorship business is also called a one man business. In this kind of business formation, the owner of the business is responsible for starting the business and getting it ruining. The owner draws up the business plan, get the capital and see to the day to day activities of the business.
Answer:
14.6 %
Explanation:
Net assets value par share at the beginning of the year = $350 million / 14 million = $ 25
expense ratio = 1% = 0.01
Net assets value per share at the end of the year = ($ 400 - ( $ 400 × 0.01)) million / 15 million = $ 26.4
rate of return on fund = ( $ 26.4 - $25 + $ 2 + $ 0.25) / $ 25 × 100 = 14.6 %
Answer: Oligopolistic
Explanation:
The oligopolistic industry is one of the type of market structure where the small industries or the companies are compete with each other and earning the various types of economical profits.
The main purpose of this type of industry is that it help[s in reducing the competition in the market and also control the market share function.
According to the given scenario, the magical production is one of the type of large production organization and this company perform various types of functioning in the Oligopolistic industry.
Therefore, Oligopolistic is the correct answer.
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Answer: The equalization rate for the municipality is 45%.
Explanation:
Given that,
Total market value of a municipality = $25,000,000
Total assessed value of a municipality = $11,250,000
Therefore,
Equalization rate for the municipality =
= 
= 0.45
= 45%
Hence, the equalization rate for the municipality is 45%.
