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IRISSAK [1]
3 years ago
12

Should Monics and Ami use a loan or their personal funds to finance their business startup? What other alternatives might they c

onsider?
Business
2 answers:
Andrews [41]3 years ago
4 0
Answer:-
Loan without interest
KATRIN_1 [288]3 years ago
3 0

Answer:

Explanation:

Financing Business and Personal Aetivities money to start a basiness might result in financial difficulties later on for the business. If you use your own savings to start a business, you might face personal financial problems. What should you do? The answer is not easy. However, you would need to consider sales, expenses, and cash flow in making your decision. Initial sales for the 3D printing business are estimated at $2,200 a month. Sales are expected to grow about 10 percent every six months. However, from this sales various besiness expenses miast be deducted. These include rent, utilities, supplies, advertising, salaries, and insurance. s there is incressed interest in and market opportunities for 3D printing, Monica and Ami have decided to purchase equipment that would serve the marketing needs of various local basinesses. Their 3D printing business would provide product prototypes, innovative marketing materials, and ereative point-of -sale displays. The cost of the equipment and other business start-up expenses are estimated at s6,400. Monica and Ami need to decide whether to use their personal funds or take out a loan to launch the business. A major cause of business failure is poor cash flow. Monica and Ami need to carefully monitor their cash inflows from sales and their cash outflows for business expenses. Creating and maintaining a cash flow statement is a vital record keeping activity for every business. Monica and Ami hope to establish a consistent cash flow from regular eustomers that is complemented by additional revenue from holiday season sales and new eustomers As they plan to move forward with their new enterprise, Monica is interested in obtaining a loan to finance the business startup. Ami believes they should use their personal funds. Monica believes a loan would cause less stress on their personal assets and allow them to maintain needed funds for personal financial emergencies Ami is concerned about the risk of the loan in the event they are not able to make the required payments. Before they move forward, this difference between the owners must be resolved.

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Nick has a comprehensive health care policy with a $250 per-calendar-year deductible, an 80% co-insurance provision, and a $1,00
VikaD [51]

Answer:

Nick  pay maximum $930

so correct option is d. $930

Explanation:

given data

health care policy = $250

co-insurance provision = 80 %

it mean claim to be paid by insurance company = 80%

and claim to be paid by Nick =  20 %

co payment cap = $1,000

claim insurance = $600

company paid  = $280

total bills = $5,000

to find out

How much will Nick have to pay for the second claim

solution

we get first amount to be paid by insurance company and nick  is

amount to be paid by insurance company and nick  = $600 - $250

amount to be paid by insurance company and nick = $350

and

we know here 80% of $350  paid by insurance company

so paid by insurance company  = 80% of $350 = $280

and  paid by Nick = $350 - $280 = $70

so Limit available to co payment = $1000 - $70

Limit available to co payment = $930

so Nick  pay maximum $930

so correct option is d. $930

5 0
3 years ago
A ________ outlines the duties and responsibilities associated with a job and the working conditions involved.
max2010maxim [7]
Job description! I hope this helps :)
6 0
3 years ago
Tara incorporates her sole proprietorship, transferring it to newly formed Black Corporation. The assets transferred have an adj
alukav5142 [94]

Answer:

Black Corporation

e. None of the above.

Explanation:

a) Data and Calculations:

Adjusted basis of assets = $290,000

Fair market value of assets = $300,000

Liabilities transferred = $50,000

Black Corporation's basis = $250,000 ( $300,000 - $50,000)

Tara's basis in the Black Corporation = $240,000

b) According to U.S. Code 351, no gain or loss shall be recognized for Tara if property is transferred to Black Corporation by Tara solely in exchange for stock in Black Corporation, and immediately after the exchange, Tara comes into the control of Black Corporation.

3 0
2 years ago
Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inv
saul85 [17]

Answer:

See attached file

Explanation:

4 0
3 years ago
Sweet Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
Reika [66]

Answer:

$4,775,565.49

Explanation:

The computation of the selling price of the bond is shown below:

Particulars                  Amount PV factor 6%       Present value

Semi-annual interest $216,209 19.60044    $4,237,791.53

Principal                         $3,088,700     0.174110131  $537,773.96

Total                                                       $4,775,565.49

Working notes

Semi-annual interest $216,209 = $3,088,700 × 14% × 6 ÷ 12

PV factor 3%:    

Semi-annual interest 13.76483115      = {(1 - (1.06)^-30) ÷ 0.06 }

Principal 0.174110131  = {1 ÷ 1.03^30}

6 0
3 years ago
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