1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
myrzilka [38]
3 years ago
15

Help please!!!! will mark brainlest!!

Business
1 answer:
alina1380 [7]3 years ago
6 0
Answer:

For centuries the guideline for business transactions was the Latin term “caveat emptor” (let the buyer beware). This principle suggests that the seller is not responsible for the buyer’s welfare. In other words such principle gives the buyer the sole responsibility for checking the quality and suitability of the goods that he is buying from the seller before making a final purchase.
You might be interested in
Three important forms of financing long-term (capital) expenditures are:
Sergeeva-Olga [200]

Answer:

O d. term loans, mortgage loans, and bonds

Explanation:

Term loans are credit facilities where the lender and borrower agree on the loan amount and a repayment schedule. It involves a large sum of money to be repaid over a long period making it ideal for acquiring capital.

Mortgage loans are long term debts used to finance the purchase of properties. It is ideal for expensive capital due to the lengthy time it takes to repay.

Bonds are long-term debt securities issued by corporations to finance long term projects.

4 0
3 years ago
which account is least likely to have a subsidiary ledger? a. sales b. accounts receivable c. fixed assets d. inventory
Anna007 [38]

Sales account is least likely to have a subsidiary ledger, so the correct answer is (a).

All sales transactions are documented in a sales account. Both credit and cash sales are included in this. The net sales amount that appears at the forefront of the income statement is determined by adding the account total to the sales returns and allowances accounts. A current client could also be referred as a sales account. A customer becomes a marketing account once a sale has been made to them. In order to arrive at a number referred to as net sales, the achieve business is typically merged with the returns and allowances account.

Learn more about sales account here:

brainly.com/question/29222039

#SPJ4

5 0
1 year ago
List any 2 merits and demerits of a company
egoroff_w [7]

Answer:

Merits

• limited liability

• Perpetual existence

Demerits

•Company mismanagement

•Lack of secrecy

Explanation:

Merits

° limited liability. The liabilities of the shareholders are limited to the value of investment they have in the company. This means that should the company becomes insolvent, the shareholders will only loose their investment in the firm and not their personal properties.

°Perpetual existence. This is based on the principle of separate legal entity , which means that the death of any shareholder or director would not in any way affect the existence of the company.

Demerits

° Company Mismanagement . One of the demerits of company is Mismanagement. The directors sometimes mismanage company's fund for their personal and selfish benefits which oftentimes throw the company into debt.

° Lack of secrecy. There is no secrecy in company as annual reports are given to the shareholders hence enable the competitors know it's performance and also provide company statements to registrar of companies.

3 0
3 years ago
_______________ ensures that all relevant financial information is reported. (select an option)
Wewaii [24]

Answer:

B. Full disclosure principle

Explanation:

Full disclosure principle ensures that all relevant financial information is reported

7 0
3 years ago
Creme Bakery just paid an annual dividend of $2.20 a share and is expected to increase that amount by 2.2 percent per year. If y
alekssr [168]

Answer:

$19.47

Explanation:

The computation of the price paid for share is shown below:

= Year second dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2.20 + $2.20 × 2.2%

= $2.20 + $0.0484

= $2.2484

In the year 2 , it is

= $2.2484 × 1.022

= $2.2978648

And, the required rate of return is 14%

Plus the growth rate is 2.2%

So, the price paid for the share is

= ( $2.2978648) ÷ (14% - 2.2%)

= $19.47

7 0
4 years ago
Other questions:
  • The annual rate of return on any given stock can be found as the stock's dividend for the year plus the change in the stock's pr
    6·1 answer
  • While shopping at the mall, Jane was asked by one of the sales representatives at the cosmetics counter to try out a new lipstic
    5·1 answer
  • in a process costing system, the number of units started and completed for a period is equal to:a.Units transferred out less uni
    11·1 answer
  • Explain how an organization determines if it is spending too much on risk? At what point does managing risk become wasteful? Jus
    10·1 answer
  • The following information pertains to Trenton Glass Works for the year just ended.
    13·1 answer
  • The Acme Toy Company introduced a new electric train, the Silver Bullet, in its Christmas catalog last year. Within four days of
    13·1 answer
  • During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts
    8·1 answer
  • Pharoah Leasing Company agrees to lease equipment to Novak Corporation on January 1, 2020. The following information relates to
    5·1 answer
  • As a barrier to new entry, absolute cost advantages can be based on Group of answer choices control over low-cost inputs require
    8·1 answer
  • Define the following:<br> (a) Asset
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!