Question 8 of 20

Suitable options to solve the financial problem of a restaurant owner

kondor19780726 [428]

Answer:SBA Loans for Restaurants. ...

Restaurant Equipment Financing. ...

(Unsecured or Secured) Business Lines of Credit. ...

Unsecured Restaurant Business Loans. ...

Restaurant Cash Advances.

Explanation:

3 0

3 years ago

A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern

zaharov [31]

Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

7 0

3 years ago

A beneficiary acquired stock from a decedent. The stock's fair market value at the date of the decedent's death was $500,000. Th

Ivanshal [37]

Answer:

Beneficiary recognized gain is $510000.

Explanation:

The amount paid by the decedent for the stock = $280000

The market value of the stock at the time of death = $500000

The selling price or the amount received by the beneficiary by the sell of stock = $510000

Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.

Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.

= $510000 – 0

= $510000

7 0

3 years ago

Ms. BK is a self-employed architect who earns $205,000 annual taxable income. For the past several years, her tax rate on this i

scoray [572]

Answer:

a.- 20,500 less tax collected

b.- 1,750 less tax collected

c.- 26,750 less tax collected

Explanation:

<u>under a static forecast:</u>

205,000 x (0.35-0.25) = 205,000 x 0.1 = 20,500

The government will collect 20,500 less dollars from Ms BK's

<u>under a flexible forecast:</u>

205,000 x 35% - 280,000 x 25% = 71,750 - 70,000 = 1,750

It will loss tax revenue for $1,750

205,000 x 35% - 180,000 x 25% = 71,750 - 45,000 = 26,750

3 0

3 years ago

Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for the car in 1978 and it's wort

gulaghasi [49]

Answer:

B) Tom's statements provide grounds to set the contract aside.

Explanation:

When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.

What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.

5 0

3 years ago