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3 years ago

This shop is a sole trader and needs to obtain finance in order for the business to continue trading. Explain

Business

1 answer:

nata0808 [166]3 years ago

7 0

Answer:

see below

Explanation:

1. Personal Savings

The sole trader can invest his savings into his business for expansion. A sole trader who is confident about his business's prospects will be prepared to invest additional savings into the business for growth. The use of savings relieves them from the strain of interest payments and enables them to retain full control over the business.

2. Sale of Assets

Should a sole trader require funds to expand their business, they opt to dispose of some of their assets. If the trader does not have savings or retained earnings and have a property registered in their name, they may decide to sell it to raise capital.

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Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (

tatuchka [14]

Answer:

8.54%

Explanation:

Current Index value:

= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value

= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100

= 108.54

Return in percent:

= ( 108.54 - 100 ) ÷ 100

= 8.54%

Therefore, the value-weighted return for the index is 8.54%.

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3 years ago

The Times article notes that three days after the ACP awarded a $158 million contract to the Spanish firm that manufactures the

mr_godi [17]

This would indeed present a conflict of interest. A conflict of interest occurs when a person or an organization is involved in various commitments, obligations or tasks, and where serving one interest could involve working against the other. In this case, the law firm that represents the tug boat manufacturer has as its goal the maintenance of objectivity and the pursuit of justice. However, if the son of the canal administrator joins the firm, this could be put at jeopardy, as he would have a vested interest in a particular outcome.

5 0

3 years ago

Briefly define the term spend as it is used in business purchasing. In a paragraph or two, explain how the Internet has reduced

Phantasy [73]

Answer: check the attached file for the answer

Explanation:

Download docx

docx

6 0

3 years ago

The primary source of purchasing power used to buy imported goods is

Alex

Answer: The primary source of purchasing power used to buy imported goods is the exports of a nation.

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6 0

2 years ago

Bailey Corporation, prepares the following adjustments required at the end of the month on July 31: Before these adjustments, Ba

podryga [215]

Answer:

After the adjustments stockholders’ equity on 7/31 will be $20,184.

Explanation:

Journal Entries to Show the adjustments are as follows :

Utility Expenses $568 (debit)

Accounts Payable $568 (credit)

Wages Expense $1,648 (debit)

Wages Payable $1,648 (credit)

Loan Receivable $2,400 (debit)

Interest Income $2,400 (credit)

To Determine Effect on Equity use the Accounting Equation : Assets = Equity + Liability.

Therefore, Equity = Assets - Liability

Effect on Assets = $70,000 + $2,400 = $72,400

Effect on Liabilities = $50,000 + $568 + $1,648 = ($52,216)

Effect on Equity (Total) = $20,184

Conclusion :

Therefore, After the adjustments stockholders’ equity on 7/31 will be $20,184.

4 0

3 years ago