Answer:
the amount of financial aid that they offer
Explanation:
Answer:
the account that earns 1.2 percent compounded monthly
Explanation:
We are talking about how many money will be earned in interested, which means that the higher percentage in a shorter period of time will earn a higher amount of money.
Answer:
$1.86 million
Explanation:
Given the above data, we can calculate the retained earning for next year to be;
Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends
= $1.8 million
Answer:
e. She may find it difficult to deal with the stress of rent increase.
Explanation:
Carol has decided to open a Vietnamese restaurant solely. She has adopted 'sole proprietorship' form of business.
Sole Proprietorship is a form of business owned, run & managed by a single entrepreneur (proprietor).
This form of business has following advantages & disadvantages:
- Advantages : Easy formation, dissolution ; sole, flexible, quick decision making
- Disadvantages : Limited Capital ; Entrepreneur Unlimited Liability ; Less expansion scope.
So : Carol being a sole proprietor won't face problems like - difficulty in quick & independent decision making, adaptability to market demand, focus on specific consumer groups .
She as a sole proprietor, would rather face issue like limited capital funds & hence would - find it difficult to deal with stress of rent increase.