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k0ka [10]
3 years ago
8

Will a sole trader ownership stop a business progress?​

Business
1 answer:
SOVA2 [1]3 years ago
8 0

Answer:

True

Explanation:

The given statement asserts a true claim that 'having a sole proprietor in a business mars the growth and expansion of the business' and the primary reason behind this is that his/her ability to upraise funds for further expansion is limited but the liability is unlimited. It restricts the person to enhance the business. Secondly,<u> it is extremely difficult for a single individual to manage employees, day-to-day responsibilities, paying debts, etc. and this is why the life of most of such businesses are very short except for a few</u>. Thus, the assertion is true.

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Clarissa wants to fund a growing perpetuity that will pay $10,000 per year to a local museum, starting next year. She wants the
mojhsa [17]

Answer:

$250,000

Explanation:

Perpetuity is a type of payment that has no end. It starts on a particular date and continues endlessly.

Given:

Amount paid per year = $10,000

Annual Growth Rate = 5%

Interest Rate = 9%

Perpetuity = Amount paid/(Interest rate-Growth rate)\\Perpetuity = 10,000/(9/100-5/100)\\ Perpetuity= 10,000/0.04\\Perpetuity =250,000

Clarissa need $250,000

8 0
3 years ago
Read 2 more answers
When the overhead cranes crashed into each other for the third time, Joe formed a team to look into ways to avoid future crashes
Dominik [7]

Answer:

The team has completed 'developing alternatives' step in decision making process

Explanation:

Decision making is a very crucial activity carried out by a manager. Various strategies are adopted in the decision making process so as to to come arrive at an appropriate decision.

One of the stages in decision making process is 'developing alternatives' as a prospective course of action. Out of these alternatives, the best one is chosen based on various analysis.

Here, after brainstorming session, the team came up with three ideas to avoid future crashes. These three ideas represent alternatives. Out of these three ideas, the best idea or alternative would be selected.

So, team has completed 'developing alternative' stage in decision making process.

7 0
3 years ago
Koehn Corporation accounts for its investment in the ordinary shares of Sells Company under the equity method. Koehn Corporation
Sever21 [200]

Answer:

A) a reduction of the carrying value of the investment

Explanation:

Under the equity method, the investor company cannot record dividends as revenue, it must record them as a reduction of the carrying value of their investment. Under the equity method, the value of the investment decreases with cash dividends. This transaction involves only a change between assets, investment decreases while cash increases, no additional revenue is recorded.

6 0
4 years ago
A new enters the market causing a shift in the demand curve in the graph.What is the new equilibrium point after the substitute
mafiozo [28]
It’s 38 because if it doesn’t work out it means it will not be at least 38

Answer: 38
4 0
3 years ago
A firm has $260,000 in assets and $158,000 in stockholders' equity. it owes $55,000 from a long-term loan, and this is its only
Nina [5.8K]
$47,000 in total current liabilities. 

$260,000- ($158,000+$55,000)= $47,000 


7 0
3 years ago
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