Answer and explanation:
A Sole Proprietorship is a type of business with a single owner who pays income tax over the revenues. The reason why they are more common compared to Corporations relies on the fact that a Sole Proprietorship is less regulated by the government so it can be opened and dissolved easier.
The activities in an organization, who gives all of the costs and restocks all the products they sell by the amount of consumption any specific product has
If the opportunity cost for producing a particular good is lower for one producer than the other the former producer has comparative advantage for producing the good.
Financial managers should strive to maximize the current value per share of the existing stock to: maximize shareholders' wealth.
What is the overriding goal of financial management?
The main objective of financial management is to increase shareholder's wealth such that share price increases in value year-in-year-out.
The financial managers would achieve this goal by investing in projects whose net present value is positive, in other words, the NPV per share is the expected increase in value per share of existing stock.
In short, financial strategies put in place to achieve increasing share price year-in-year-out are aimed at wealth maximization
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Answer:
The horizon date of Holt Enterprises is at the end of the second year.
Explanation:
The horizon date is when there is a constant growth or the growth rate becomes constant. The horizon date is the last year in the free cash flow when the growth rate is constant. It is also called forecast horizon or terminal date because it is at the end of the forecast. At the horizon date, the firm becomes stable and profitable.
The horizon date of Holt Enterprises is at the end of the second year.
