Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.
<h3>Change of operation location from midwest to south</h3>
The major reason why most companies tend to moved their operation to south was to maximize profit.
Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.
This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.
Inconclusion the South had less expensive site factors than northern regions.
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Answer:
Jerry's gain on the sale= $28,500
Explanation:
When Jerry sells his interest in JJM to Lucia his basis ($54,250) is what he owes and will be taken out of the proceeds he will get for selling his interest in the company.
Therefore
Jerry's gain on the sale= Amount of sale- Jerry's basis
Jerry's gain on the sale= 82,750- 54,250
Jerry's gain on the sale= $28,500
Answer:
True
Explanation:
According to Thomas Duening and Robert Hisrich book "Technology Entrepreneurship: Taking Innovation to the Marketplace", the direct purchase has some problems: long-term capital gain to the seller and double taxation. The bootstrap purchase eliminates those problems: the acquiring company can acquire a small amount of the firm, 20 or 30% in cash and the remaining with a long-term note.
Answer:
0,087792106 = rate
Explanation:
We need to calculate the interest of the investment
principal x (1 + rate)^time = value
replacing with the know values
24,000 x (1+rate)^2 = 28,399
28,399/24,000 = (1 + rate)^2
sqrt (28,399/24,000) -1 = rate
now we solve for the unknown value
0,087792106 = rate
