Answer:
D. Limited Partnership
Explanation:
Sole proprietorship is business owned , run & managed by single owner. Partnership is a business owned , run & managed by small group of people - deciding to share its profits .
Entrepreneurs in these have Unlimited Liability on personal assets, in case business assets are insufficient to settle business liabilities .
Corporation is a separate legal entity, distinct from its huge group of owners , guided by a board of directors. In case of any claim / sue case : it is against corporate entity & not the people, so they don't have any unlimited liability risk on personal assets to fulfil company's claims .
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900
Hope it helps!
According to the textbook, the five competitive forces included in the five-forces model determine:
the average rate of return for the firms in an industry
Answer:
C.
Explanation:
As a current liability. Are obligations of the company that are expected to get paid whitin the period of one year and include liabilities such as Accounts payable, short term loans, bank overdraft, interest payable and the other liabilities of the company that are current.
Answer:
The offense committed by Ben is;
D. Embezzlement
Explanation:
While conducting business, there are numerous activities that are considered an offense. An offense is a crime that is punishable in a court of law. Some examples of offenses that can be committed in business are;
1. Forgery
Forgery is the act of imitating a writing in which the legal rights and obligations of the person is affected in one way or another. Forgery is majorly done for false misrepresentation. Some of the items that can be forged are; documents, signatures, banknote or even a work of art. Forgery is a criminal offense.
2. False entries
A false entry is a deliberate mistake in writing or oral meant to trick or confuse an entity mostly used to get money dishonestly. A false entry is also a criminal offense.
3. False token
A false token is a dishonest mark or symbol that is used to commit crime. The use of false tokens is also a crime.
4. Embezzlement
Embezzlement is the stealing of funds from a government, company or a business by an individual who the funds were entrusted. An example is Ben who misappropriated $1,000 that was meant to be deposited in a customer's bank account by putting it in his own pocket.
