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Tomtit [17]
3 years ago
9

Do i need a LLC for a lipgloss business

Business
1 answer:
zaharov [31]3 years ago
6 0

Answer:

No, you do not.

Explanation:

You might be interested in
The demand curve: shows how much buyers are willing and able to buy at different prices. is the amount that sellers are willing
Fynjy0 [20]

Answer:

shows how much buyers are willing and able to buy at different prices

Explanation:

A demand curve is a graphical representation of the law of demand. The curve demonstrates the relationships between the demand for a product and its price. A demand curve slopes downwards. It shows how the quantity demanded varies with changes in prices.

As per the laws of demand,  there is an indirect relationship between price and quantity demand. A rise in demand causes a decline in demand. On the demand curve, the Y-axis has prices, while the X-axis shows quantity. As the demand curve is downward sloping, changes in price cause movement along the demand curve. High prices will lead to low demand. The demand curve shows the level of quantity demanded at different prices.

6 0
3 years ago
When preparing the operating activities section of the statement of cash flows using the indirect method, a decrease in accounts
PSYCHO15rus [73]

Answer:

True

Explanation:

statement of cash flows can be regarded as financial statement which gives analysis of how cash as well as cash equivalent is affected by any changes in balance sheet accounts.

The indirect method of statement of cash flows begins with loss or the net income as well as the substraction of values from non cash revenue which result in case flow as a result of operating activities.

7 0
3 years ago
Your firm is a U.K.-based importer of bicycles. You have placed an order with an Italian firm for €1,000,000 worth of bicycles.
Gwar [14]

Answer:

( A) £803,721.49

Explanation

==> Present value of €1,000,000 = 1000000/1.02 = €980,392.16

===> Converting Euro into US Dollar using spot exchange rate

€980,392.16×1.56 = $1,529,411.77

===>Converting US Dollar into Pounds using spot exchange rate

$1,529,411.77/1.96 = £780,312.13

===> investing this amount in UK

==>the amount of €1,000,000 is collected from French firm and it is used to repay the Euro loan

Step – 5 maturity value of pounds investment is received

£780,312.13 × 1.03 = £803,721.49

Therefore the answer is £803,721.49

8 0
4 years ago
A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 point
ikadub [295]

Answer:

ARP = 13.2184 %

Prepaid interest = $3,057.66

Explanation:

The ARP stands for annual percentage rate. It is defined as the amount of interest that one has to pay annually for the total mortgage loan he or she takes. In the question, the ARP will be  13.2184 % for a loan amount of $127,000 at the rate of 12.98% that will be amortized in 57 years with 0.13 points.

The prepaid interest is the interest amount the borrower pays for the loan he takes before the first scheduled of the debt repayment. In the question, the prepaid interest amount is $3,057.66 for the loan amount $524,000 to be amortized in 40 years with 0.58 points and at 5.33%.  

8 0
3 years ago
Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales tax of $2.00, the total should be $11.50. How
Stells [14]

Answer:

excise

Explanation:

A tax is a compulsory sum levied by the government on goods and services. Taxes increase the price of a good

excise tax is a type of tax levied on certain good and services. It is an example of an intranational tax. Producers pass on this tax to consumers by increasing the price of the good directly

7 0
3 years ago
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