are the most common form of business organization, comprising about 71 percent of all firms. Each is owned by a single individual who makes all business decisions, receives all the profits, and hasliability for the firm's debts.
are much like proprietorships, except that two or more individuals, or partners, share the decisions and the profits of the firm. In addition, each partner hasliability for the debts of the firm.
Corporation are responsible for the largest share of business revenues. The owners, called, share in the firm's profits but normally have little responsibility for the firm's day-to-day operations. They enjoyliability for the debts of the firm.
Accounting profits differ from economic profits, which are defined as total revenues minus total costs, where costs include the fullcost of all of the factors of production plus all other implicit costs.
The full opportunity cost of capital invested in a business is generally not included as a cost when accounting profits are calculated. Thus, accounting profits often arethan economic profits. We assume throughout that the goal of the firm is toeconomic profits.
Answers: 3
Business, 22.06.2019 12:10, FARHAN14082000
This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?
Answers: 3
Business, 22.06.2019 12:30, chycooper101
Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?
Answers: 1
are the most common form of business organization, comprising about 71 percent of all firms. Each i...
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