Answer:
False
Explanation:
The owners of sole proprietorships and general partnerships both have the disadvantage of unlimited liability.
The owners or partners of limited liability partnerships, limited liability companies, C and S corporations are the ones that are not exposed to unlimited liability.
Answer: 9%
Explanation:
The market risk premium given an expected return on a security of 18.7%, a stock beta of 1.3, and a risk-free interest rate of 7% will be calculated as:
Expected return = risk free rate + Beta × market risk premium
= (18.7% - 7%)/1.3
= (0.187 - 0.07)/1.3
= 0.117/1.3
= 0.09
= 9%
The market risk premium is 9%.
Answer: a. 36 years
b. 10 years
c. a. It is closely tied to standard of living.
Explanation:
a. The Rule of 72 simply states that an amount will double for a certain number of period when using the formula:
= 72 / growth rate
= 72 / 2
= 36 years
b. When the growth rate is 7%, the doubling time for the economy will be:
= 72 / growth rate
= 72 / 7
= 10 years approximately
c. The options are:
Economic growth is important to understand because:
a. It is closely tied to standard of living.
b. Growth guarantees that the rich get richer and the poor get poorer.
c. Income equality cannot exist without growth.
d. Understanding economic growth is key to getting a banking job after graduation
Answer:
The correct answer is when income is exchanged for goods or services.
Explanation:
When we earn income, a portion of it goes to savings, and the balance income is called the disposable income. This disposable income can be used in various ways. You can invest it in income generating assets such as stocks, real estate, or you can exchange that for goods and services which is called the consumption.
Generally, the rate of consumption grows when the income grows.
Recreational boaters travelling on such water should give a wide berth and keep away from the water areas where the hunters are carrying out their activities; the boaters should be safety conscious and alert. This is necessary in order to avoid accident.
