What are the legal steps to take when trying to start a business
There are 3 major forms of business ownership
Sole Proprietorship
Partnership
Private Limited Liability Company
If you are to start a business, which of these form of business would you pick and what are your reasons

Answers

Answer 1

Answer:

partnership

Explanation:

because I don't know what I will do if i don't have a partner and you two would brainstorm so you can do it well and right


Related Questions

Which labor market strategy is an organization most likely to pursue if it is experiencing a shortage of funds or has a sufficient number of workers, or if unemployment rates are high

Answers

Answer:

First quartile labor market strategy

Explanation:

In the case when the organization wants to pursue when the organization is experiencing a funds shortage or has the enought number of workers or the rates of the unemployment is quite high

So this situation represents the first quartile labor market strategy

hence, the same is to be considered

Therefore the above is the answer

Suppose that Kathy uses her credit card to cover her expenses and pay her bills. She accumulates a balance of $12,500 at an annual interest rate of 21%. Determine the future value of the total amount she will have to repay, if she takes 6 years to pay it off. Briefly, explain how excessive credit usage can’t lead into financial burden or default on your loans. (Show your work)

Answers

Answer:

$39,230.35

Explanation:

Balance = $12,500

Rate of Interest = 21%

Duration to repay = 6 years

Future pending amount =[12,500 * (1 + 0.21)^6]

Future pending amount = 39,230.35

Thus, Kathy have to repay $39,230.35 at the end of 6 years.

Excessive credit usage would not lead to default on your loans because credit card companies offer loan when you maintain a healthy balance sheet which means you maintain a specific amount in your account always which can repay the loan easily. Keeping extra money in your account reduce the probability that customers default on loans.

A corporation: Select one: A. Is less costly to organize than a partnership B. Is subject to less regulation and supervision than a partnership C. Is subject to federal income taxes on its earnings, whereas a partnership is not D. Has an owner's capital account for each owner, whereas a partnership does not

Answers

Answer:

A corporation:

C. Is subject to federal income taxes on its earnings, whereas a partnership is not.

Explanation:

The other options fit a partnership more than a corporation.  The chief advantages of a corporation over a partnership are the limited liability status of the shareholders of a corporation, which benefits all the shareholders and secondly, the corporation is a separate legal entity from the owners.  This second advantage allows professional managers to lead the company.  With respect to federal income taxes on the earnings, the corporation is taxed directly on its earnings and shareholders also pay taxes on their income from all sources (unless it is an S-corporation), while partners in a partnership enjoy pass-through taxation of their partnership earnings.

Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary policy by shifting the supply of money to the:

Answers

Answer:

left as well as the contractionary monetary policy, then bring about the

increase of interest rate as well as reducing equilibrium quantity of money.

Explanation:

Liquidity Preference model can be regarded as a model gives suggestions about investor and interest rate, the model entails that high interest rate as well as premium on securities associated with long-term maturities with higher risk should be demanded by investors, reason behind this suggestions is that most investors will always go for cash as well as available highly liquid holdings, all things been equal. It should be noted that Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary policy by shifting the supply of money to the left as well as the contractionary monetary policy, then bring about the increase of interest rate as well as reducing equilibrium quantity of money.

What strategy should be applied when other strategies are ineffective and the company needs to change quickly

Answers

Answer:

Plan Carefully. ...

Be as Transparent as Possible. ...

Tell the Truth. ...

Communicate. ...

Create a Roadmap. ...

Provide Training. ...

Invite Participation. ...

Don't Expect to Implement Change Overnight.

Explanation:

The metric that measures how well an enterprise is using customers to create short-term and long-term value is:

Answers

Answer:

return on customer

Explanation:

Return on Customer known as ROC can be regarded as the metric designed by the company, it entails the measure of generated profit from the customer during a particular period of time as well as the value changes of customers both positive and negative changes during the particular period. However the customer must be a trusted one for firm to carry out this. It should be noted that The metric that measures how well an enterprise is using customers to create short-term and long-term value is return on customer.

San Marco has a $4,007,000 asset investment and is subject to a 30% income tax rate. Cash inflows related to the investment are expected to average $607,000 before tax over the next few years; in contrast, average income before tax is anticipated to be $508,000. The company's after-tax accounting rate of return is: g

Answers

Answer:

the company after tax accounting rate of return is 8.87%

Explanation:

The computation of the after tax accounting rate of return is shown below:

Average income after tax is

= before tax income × (1 - tax rate)

= $508,000 × (1 - 0.30)

= $508,000 × 0.70

= $355,600

Now the after tax accounting rate of return is

= (Average income after tax ÷ Investment) × 100

= ($355,600 ÷ $4,007,000) × 100

= 8.87%

Hence, the company after tax accounting rate of return is 8.87%

Do some research on mergers and acquisitions. What were the five largest mergers– acquisitions last year? Make a list of the partners in each. What reasons were given for the merger–acquisition? Do you think these mergers–acquisitions made strategic sense? Explain.

Answers

Answer:

Mergers and Acquisitions in 2019:

1. The five largest mergers-acquisitions in 2019:

   Acquirer   and  Partner

a. BB&T and SunTrust

b. Schwab and TD Ameritrade

c. Raythem and UTC

d. Newmont and Goldcorp

e. Salesforce and Tableau Software

2. Reasons for the M&A:

a. BB&T and SunTrust                        - to cut cost

b. Schwab and TD Ameritrade          - to save money

c. Raythem and UTC                        - to become largest defence company

d. Newmont and Goldcorp               - to acquire competitive advantage

e. Salesforce and Tableau Software - to boost revenue

3. Some of the M&A transactions do not make any strategic sense.  For example, now that Raythem and UTC combined want to form the largest defense company, do they add much to their stockholders returns?  Some others acquired to cut cost will experience the huge costs of acquisition, which are, most times, too large to be written off in a single year.

Explanation:

Major financial transactions done at the corporate level for the purpose of consolidating the assets of two or more companies, growing market share, and eliminating competition are called Mergers and Acquisitions (M&A).  Consolidation of companies may be achieved through mergers, acquisitions, assets purchase, management acquisitions, etc.

How does the use of a learning management system better link training to business strategy and goals?

Answers

Answer:

The utilization of such a learning platform ties preparation to company strategy including priorities throughout the following area.  

Explanation:

Evaluating the knowledge gap including overseeing the preparation to address the distance to achieve business objectives. Recognizing as well as understanding the priorities of organizational performance as well as preparation. Monitoring the success of education to accomplish the objectives of training. Coordinate the learning program to meet both corporate objectives and specific objectives.

Higher fixed costs are associated with:_____.
1. higher operating leverage.
2. lower operating leverage.
3. increased risk.
4. lower risk.
a. 1 and 3.
b. 1 and 4.
c. 2 and 3.
d. 2 and 4.

Answers

Answer:

a. 1 and 3.

Explanation:

Given that the operating leverage of a business firm is a sum of its fixed cost and variable cost about the way the firm's cost of business is attributed.

In this case, when a business firm has a high fixed cost, it normally requires a high number of sales to earn more profits. This is termed as "higher operating leverage." This thereby leads such business firms to have "increased risk."

Hence, It is practically correct that in business operation that when a business firm has Higher fixed costs it is associated with "higher operating leverage and increased risk"

my name is landon whats urs

Answers

My name is Tyroneeeeeeeee

Answer:

lloyd

Explanation:

iVillage is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management, and relationships. This website is an example of

Answers

Answer:

A web community.

Explanation:

A web community can be defined as an online or virtual community that comprises of a group of people (members) sharing common or similar interests and as such come together to communicate or interact frequently with one another on topical issues over the internet. Some of the channels used by the members to communicate regularly with one another are blogs, servers, bulletin boards, forums etc.

In this scenario, iVillage is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management, and relationships.

Hence, this website is an example of a web community.

A company has net income of $225,000 and declares and pays dividends in the amount of $75,000. What is the net impact on retained earnings

Answers

Answer: Increase of $150,000

Explanation:

Net income = $225,000

Dividend = $75000

Retained earnings will be:

= Net income - Dividend

= $225,000 - $75,000

= $150,000

Based on the calculation above, the net impact on retained earnings is an increase of $150,000.

England can produce either 12 bushels of corn or 34 bushels of wheat. What is England's opportunity cost of producing 1 bushel of corn (in terms of bushels of wheat)

Answers

Answer: 2.83 bushels of wheat

Explanation:

If England is not producing 12 bushels of corn, they would be able to produce 34 bushels of wheat.

This means that England's opportunity cost for corn is;

= 34/12

=  2.83 bushels of wheat

For every bushel of corn produced, England could have produced 2.83 bushels of wheat.

Dennisport Corporation has an acid-test ratio of 1.7. It has current liabilities of $56,000 and noncurrent assets of $87,000. The corporation's current assets consist of cash, marketable securities, accounts receivable, prepaid expenses, and inventory. Of Dennis Port current ratio is 2.3, its inventory and prepaid expenses must be:

Answers

Answer: $33600

Explanation:

Current liabilities = $56,000

Noncurrent assets = $87,000

First and foremost, we should note that:

Acid-test ratio = Current Assets / Current liabilities

Therefore,

1.7 = Current Assets / $56,000

Current assets = $56000 × 1.7

= $95,200

Also,

Current ratio = Current Assets / Current liabilities

Therefore,

2.3 = Current Assets / $56,000

Current assets = $56,000 × 2.3

= $128,800

Then, the inventory and prepaid expenses will be:

= $128,800 - $95,200

= $33,600

McFerrin runs a manufacturing business. His company uses animal skin as raw material to manufacture leather products, such as bags and belts. Last week, the state government passed a new law considering the sentiments of environmental activists and animal lovers. The law bans the use and sale of leather entirely. How will this situation affect McFerrin’s business?
A.
affect his purchase of raw material
B.
affect the release of funds from banks
C.
affect the sale of goods out of United States
D.
affect the sale prices of goods

Answers

Answer:

I am pretty sure that your answer will be C. affect the sale of goods out of the U.S

Explanation: Because if you think about it, him not being able to use and sale the leathers is going to affect everyone in the long run, because he is a manufacturer, and probably manufactures to a lot of companies.

Answer:

A,

Explanation:

The Question states STATE government not federal. Automatically canceling C. The law put in place bans SALE AND USE of leather so he can not get access to leather hides let alone turn them into products to sell. Therefore affecting his purchase of raw materials.

A consumer purchases new windows for his/her home to replace the original windows put in when they house was built, this could be an example of what type of benefit?
A. Resource benefit
B. The actual window
C. Product
D. Sensory benefit

Answers

Answer:

D. Sensory benefit

Explanation:

Sensory benefit is the method that is used by marketers to promote their products in such a way that they appeal to the emotions of buyers.

When a consumer buys this way it is more of an emotional response than a need born of necessity.

In the given instance the consumer purchases new windows for his/her home to replace the original windows put in when they house was built.

It does not mean the old windows are not functioning well, but due to personal preference the consumer decides to replace the windows

Shirley adds $2,000 to her savings on the last day of each year. Shawn adds $2,000 to his savings on the first day of each year. They both earn an 8% rate of return. What is the difference in their savings account balances at the end of 35 years

Answers

Explanation:

Shirley:-

Savings account balance after 35 years of CHRISTIE = 2000×(1.08)^35

= $31570.688

Shawn:-

Savings account balance after 25 years of Shawn = 2000 + 2000×(1.08)^34

= 2000 + 27380.2672

=$29380.2672

the difference in their savings account balances at the end of 35 years = $31570.6885 - $29380.2672

= $2190.4212

How much was the gross profit margin percentage for Coca-Cola Company for the quarter ending Sep, 2020?
Less than 20%
Between 20% and 30%
Between 30% and 40%
More than 40%

Answers

Answer: More than 40%

Explanation:

Coca-cola Gross profit for the quarter ending Sep, 2020 is $5,181 million. Coca-cola's revenues for the same period are $8,652 million.

The Gross profit margin is therefore;

= Gross Profit / Revenue

= 5,181/8,652

= 59.9%

Why is protection of private property important to free enterprise?
1. In free enterprise, businesses loan money in the hope of making a profit. Businesses create products, services, and jobs in the pursuit of profit. A business may decide not to invest money if the government has the power to take it away.
2. In free enterprise, businesses invest money in the hope of making a profit. Businesses create products, services, and jobs in the pursuit of profit. A business may decide to invest money if the government has the power to take it away.
3. In free enterprise, businesses invest money in the hope of making a profit. Businesses create products, services, and jobs in the pursuit of profit. A business may decide not to invest money if the government has the power to take it away.
4. In free enterprise, businesses invest money in the hope of breaking even. Businesses create products, services, and jobs in the pursuit of profit. A business may decide not to invest money if the government has the power to take it away.

100 points to the brainliest answer

Answers

Answer:

In a pure free enterprise system, all property is owned by private citizens and businesses. ... Since private property allows ownership to be spread among a large number of people, power is also widely distributed. This reduces the danger of too much power being controlled by a few.

Explanation:

Hope it helps

Suppose you have $1,000 to invest over a 10-year period. Explain under what circumstances you would buy penny stocks or junk bonds as an investment. In your answer, explain why an investment with greater risk, such as a penny stock, will likely have a lower market price but an uncertain rate of return.

Answers

Answer:

Explanation:

There is only one circumstance in which I (personal opinion) would be willing to place my money in penny stocks and that is If the money is extra money that is only an extremely small percent of my overall portfolio and I am ok loosing it completely. That is because penny stocks are stocks from new companies that basically have an idea and are just starting out. The rate of return can be massive on these stocks but they can also go bankrupt and you can loose all your money just as fast. Therefore, they are incredibly risky investments.

Chang Industries has 2,200 defective units of product that already cost $18 each to produce. A salvage company will purchase the defective units as is for $7 each. Chang's production manager reports that the defects can be corrected for $10 per unit, enabling them to be sold at their regular market price of $23. The $18 per unit is a:

Answers

Answer:

The $18 per unit is a:

sunk cost.

Explanation:

Chang's cost incurred per unit of $18 is a sunk cost.  A sunk cost is a cost that has already been incurred.  It does not make a difference in a future decision. This implies the Chang may decide to correct the defect or otherwise.  What decision it takes should be based on the cost and revenue that results from the next decision, and not the past decision.

Disney has acquired The Muppets Studio (2004), Pixar (2006), Marvel Entertainment (2009), Lucas film (2012), and 21st Century Fox(2019). What are potential synergies in those acquisitions

Answers

Explanation:

Some of those companies had a different entertainment niche that had great revenue potential for Disney. For example, The Muppets Studio focused on video productions featuring puppet characters, which grew popular among young children. While Marvel Entertainment and Lucas Films produce video animations and films that have reached the top of the charts.

It is because of these identified benefits that the acquisition was made.

Data from Fontecchio Corporation's most recent balance sheet appear below:
Cash $ 37,000
Marketable securities $ 39,000
Accounts receivable $ 97,600
Inventory $ 77,000
Prepaid expenses $ 32,000
Current liabilities $ 248,000
The corporation's acid-test ratio is closest to:_______
a. 0.56
b. 0.37
c. 0.19
d. 0.35

Answers

Answer:

the acid test ratio is 0.7 times

Explanation:

The computation of the acid test ratio is shown below;

Acid test ratio is

= Quick assets ÷ current liabilities

= (Cash + marketable securities + account receivable) ÷ current liabilities

= ($37,000 + $39,000 + $97,600) ÷ ($248,000)

= 0.7

Hence, the acid test ratio is 0.7 times

This is the answer but the same is not provided in the given options

Expert power Group of answer choices is derived from organizationally conferred decision-making authority. arises from manager access, control, and distribution of information that is not freely available to everyone in an organization. is derived from referent power. is derived from leader capability and knowledge in a particular field.

Answers

Answer:

is derived from leader capability and knowledge in a particular field

Explanation:

The expert power is thinking with respect to a specific person that contains the knowledge level or the specific level but the other person dont have

Also the person have the expertise in a specific field due to which the people around feel that the person powerful and give more values to his opinion

Therefore as per the given option, the last option is correct

Kahn Inc. has a target capital structure of 60% common equity and 40% debt to fund its $10 billion in operating assets. Furthermore, Kahn Inc. has a WACC of 13%, a before-tax cost of debt of 10%, and a tax rate of 40%. The company’s retained earnings are adequate to provide the common equity portion of its capital budget. Its expected dividend next year D1 is $3, and the current stock price is $35.
a. What is the company’s expected growth rate?
b. If the firm’s net income is expected to be $1.6 billion, what portion of its net income is the firm expected to pay out as dividends?

Answers

Answer and Explanation:

The computation is shown below

a. Given that

WACC = 13%

Before-tax cost of debt = 10%

As we know that

WACC = After tax Cost of debt × Weight of debt + Cost of equity × weight of equity

13% = 10% × (1 - 0.40) × 0.40 + X × 0.60

13% = 6% × 0.40 + X × 0.60

13% = 2.4% + X × 0.60

10.6% = X × 0.60

X = 17.67%

Now

Cost of equity = D1 ÷ Price + g

0.1767 = $3 ÷ 35 + g

g = 9.10%

Now

B) Growth rate = (1 - payout ratio) ×  ROE

.0910 = ( 1 - X) ×  0.2667

Payout ratio = 65.88

As we know that  

ROE = net income ÷ shareholders equity

= $1.6 billion ÷  $6 billion

= 26.67%

Now the portion of the net income for the dividend  would be

= 65.88 × $1.6 billion

= 1.054 billion

A company is selling cookies for $3 per bag. The ingredients costs $9.3 and can make 37 bags with the ingredients. How much profit per bag is she going to make?

Answers

Answer: $2.75 profits per bag

Explanation:

9.3/37 in order to find how much it costs her per bag to make.

This equals approx .25 cents

Then subtract this from $3 in order to get how much profit per bag she makes.

McDonald's Corp has a preferred stock paying a dividend of $19 and has a market price of $178. Calculate the cost of capital for the preferred stock.

Answers

Answer:

McDonald's Corp

The cost of capital for the preferred stock is:

10.67%

Explanation:

a) Data and Calculations:

Market price of preferred stock = $178

Preferred stock dividend = $19

Cost of capital = Preferred stock dividend/Market price of preferred stock * 100

= $19/$178 * 100

= 10.67%

b) The cost of capital for McDonald's preferred stock is the finance cost or interest cost that it must incur for financing its projects using preferred stock.  This represents the 10% of the preferred stock value that is paid out to preferred stockholders.

County Medical Center received unrestricted contributions of $22,000. The hospital used the contributions to support general services. These contributions would be reported on the statement of cash flows as

Answers

Answer:

County Medical Center

These unrestricted contributions of $22,000 used to support general services would be reported on the statement of cash flows as:

cash from operating activities.

Explanation:

Unrestricted contributions received by the County Medical Center are funds or other assets given to the Center with no restriction on their use.  Unrestricted contributions are usually directed at the funding of operational expenses, as the County Medical Center demonstrated.  Therefore, they are listed under operating activities in the Statement of Cash Flows.

Explain the effect of a tariff on consumer surplus and producer surplus.

Answers

The increase in the domestic price of both imported goods and the domestic substitutes reduces the amount of consumer surplus in the market. Tariff effects on the importing country's producers. ... The increase in the price of their product on the domestic market increases producer surplus in the industry.
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