85% is the right answer because I said so...
Answer:
Project A is the better option than Project B.
Explanation:
The NPV of the project will decide which is the option with greater value to shareholders. As we can see that the NPV of Project A at 10% cost of capital is greater than the NPV of Project B at the same 10% cost of capital. So the best option here is Project A as is more in value than project B. Hence the CEO must select Project A.
Answer:
The property manager's annual salary is $42,000
Explanation:
In the question, it is mentioned that the property manager salary equals to the 6% if the property annual gross income, and the property annual gross income is $700,000
So, the property manager salary equals to
= Property annual gross income × 6%
= $700,000 × 6%
= $42,000
The annual expenses and capitalization rate is irrelevant. Thus, it is ignored in the computation part.
Hence, the property manager's annual salary is $42,000
Answer:
If a limited partner actively participates in day-to-day management of the business, he or she may forfeit limited partner status and lose limited liability for debts and liabilities: Given statement is a. True
Explanation:
A limited partner are also known as silent partners. They are part owners whose liability of the debts of the firm cannot exceed the amount that he invested in the company.
A limited partnership would have one general partner and at least one limited partner. The general partner is the one who manages the business from day-to-day.
Limited partners do not manage the day-to-day affairs of the business. In case they do, they are then treated as general partners. And would lose the limited liability for debts as stated in the statement. This, it is true.
