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Author Question: In terms of costs to organize each, which of the following sequences is correct, moving from highest ... (Read 74 times)

jhjkgdfhk

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on: Jul 11, 2018
In terms of costs to organize each, which of the following sequences is correct, moving from highest to lowest cost?
 
  A) General partnership, sole proprietorship, limited partnership, corporation.
  B) Sole proprietorship, general partnership, limited partnership, corporation.
  C) Corporation, limited partnership, general partnership, sole proprietorship.
  D) Sole proprietorship, general partnership, corporation, limited partnership.

Question 2

Peabody Books Inc wishes to borrow 182,000 today for the purchase of publishing materials. They have an agreement with their commercial banker that they can borrow money at an annual rate of 4.75.
 
  How much will the firm owe if they repay the loan in exactly one year?
  A) 8,645
  B) 173,747.02
  C) 182,000
  D) 190,645


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mmpiza

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

D
Explanation: D) FV = PV(1 + r)n = 182,000  (1.0475)1 = 190,645.


jhjkgdfhk

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
:D TYSM

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