Employers want employees to simply show up and do their job. True False

Charles wants to start a décor business and takes a loan of $35,000 from the bank to set up the business. Once the business is u

miv72 [106K]

Answer:

Sole Proprietorship

Explanation:

Charles is planning to start a sole proprietorship business. It is the most common form of business ownership.

This is the form of business owned, managed and operated by a single individual. Here, there is no distinction between the business and the owner. The owner of the business will have total control of all the profits incurred in the business and solely be responsible for all losses incurred as well.

5 0

3 years ago

Name 3 outside financing sources

sukhopar [10]

Answer and explanation:

In the corporate world, outside or external financing resources refer to all the sources from where a business can obtain the necessary capital to handle its operations without using the firm's assets. Common examples of external financing resources are:

Venture Capitals: funding performed at an initial stage of companies after making research on the market and the company.
Term loans: provided by financial institutions that profit from the interest rate established in the loan or assets as collateral in case of payment failure.
Debt Factoring: short-term financing in which an organization sells its account receivables at a discount.

6 0

3 years ago

.According to supply-side fiscal policy, reducing tax rates on wages and profits will:

sergejj [24]

Answer:

The answer is C.

Explanation:

Reducing tax rate according to supply - side policy creates demand pull inflation.

Demand pull inflation is a situation whereby people have more buying power due to the availability of cash thereby leading to high demand and consequentially leading to an increase in the price of goods and services by suppliers.

That is the process where demand outplays supply due to the high purchasing power thereby causing price to increase which is the demand pull inflation effect.

6 0

3 years ago

Final Finishing is considering three mutually exclusive alternatives for a new polisher. Each alternative has an expected life o

valkas [14]

Answer:

1. 18.09%

2. 12%

3. 20.02%

Explanation:

As the MARR is 15%, we will accept projects which have IRR more than 15%. As the projects are mutually exclusive, we will choose only one project.

An IRR (Internal Rate of Return) is the rate which makes the NPV (Net Present Value) = ZERO.

The formula to calculate IRR is: 0 = P0 + P1/(1+IRR) + P2/(1+IRR)2 + P3/(1+IRR)3 + . . . +Pn/(1+IRR)n where P0 = Initial cash outflow

And P1, . . . Pn equals the cash inflows in periods 1, 2, . . . n, respectively.

1) IRR of project 1:

0 = -$20,000 + $4,465/(1+IRR)1 + $4,465/(1+IRR)2 + $4,465/(1+IRR)3 + . . . + $4,465/(1+IRR)10

Solving for IRR we have = 18.09%

2) IRR of project 2:

0 = -$10,000 + $1,770/(1+IRR)1 + $1,770/(1+IRR)2 + $1,770/(1+IRR)3 + . . . + $1,770/(1+IRR)10

Solving for IRR we have = 12%

3) IRR of project 3:

0 = -$15,000 + $3,580/(1+IRR)1 + $3,580/(1+IRR)2 + $3,580/(1+IRR)3 + . . . + $3,580/(1+IRR)10

Solving for IRR we have = 20.02%

We will choose project 3 as it has the highest IRR.

8 0

4 years ago

Which of the following best defines tangible products? They refer to the physical entities or services that are offered to a buy

Len [333]

Answer: They refers to the physical entities or service that are offered to a buyer .

Explanation:

The statement written above best defines the tangible commodities. A physical good that can be distinguished by touch. Examples of these are automobile, confectionery items such as beverages etc, personal computers, mobiles, etc. Many business organization are also required to dispense packaging for these commodities in order to provide security during their transportation.

4 0

3 years ago