The fact that the business that Bhat and Cho do as Data Security, means that for the purpose of collecting judgements and having accounting performed, most states would treat the firm as an <u>independent entity.</u>
<h3>What is an independent entity?</h3><h3 />
An independent entity is one that does not get counted along with the assets of its owners or partners. In other words, it is independent of the affairs of its owners and is treated as having its own identity.
In this case, the Data Security partnership that Bhat and Cho have will be treated as a separate entity from them which makes it an independent entity.
This is purely for the purpose of collecting judgement and having proper accounting records kept. And even at that, not all states in the United States will require this.
In conclusion, this is an independent entity.
Find out more types of entities at brainly.com/question/9993254
#SPJ1
Answer:
Assets = $66,974
Liabilities = $0
Equity = $66,974
Explanation:
Assets
Assets are resources that are controlled by the business, which generate economic benefits.
Total Assets = Non-Current Assets + Current Assets
where,
<u>Non-Current Assets :</u>
Office Equipment $ 10,000
Computer Equipment $20,000
Total Non-Current Assets $30,000
<u>Current Assets :</u>
Cash $15,000
Accounts receivable $12,882
Computer supplies $2,545
Prepaid insurance $3,220
Prepaid rent $3.300
Total Current Assets $36,947
Total Assets $66,974
Liabilities
Liabilities are present obligations of the business that result in outflow of economic resources.
Total Liabilities = Non-Current Liabilities + Current Liabilities
where,
Non-Current Liabilities = $0
Current Liabilities = $0
Total Liabilities = $0
Equity
Is the residue of what is left when Liabilities are deducted from the Assets
Total Equity = Total Assets - Total Liabilities
= $66,974 - $0
= $66,974
Answer:
C) quantity supplied of those machines will go up.
Explanation:
the options are missing:
A
) quantity demanded for those machines will increase.
B) demand for those machines will shift right.
C) quantity supplied of those machines will go up.
D) quantity supplied of those machines will decrease.
If production costs decrease, the supply curve will shift to the right, increasing the total quantity supplied while decreasing the sales price. Advances in technology increase productivity, which allows companies to supply a higher amount of goods at lower prices, which in turn increases the total quantity demanded for these goods.
Answer: Product-mix
Explanation:
From the given case/scenario, we can state that this situation describes the problem of product-mix. Product mix that is also known as or referred to as product assortment, tends to refer to total number of product/commodity lines that an organization offers to an individual or to its customers.There are four dimensions to an organization's product mix, these are length, width, consistency and depth.
Answer:
Brent's after-tax rate of return on the securities is 5.32%
Explanation:
Given a 7% before tax dividend rate and a 24% marginal tax rate, the after-tax rate of return will be 5.32% (7% x (100%-24%).
