The answer is LLC or also known as Limited Liability
Company. This type of hybrid legal entity has the characteristic of mixed
characteristics of a partnership, sole proprietorship and even a company in
which they have a limited liability that could also be similar to shareholders
in a corporation.
Answer:
10.52%
Explanation:
The computation of the annual financing cost is shown below:
First we have to calculate the interest cost that is shown below:
= $20,000 × 10% × 182 days ÷ 365 days
= $997.26
Now the used funds is
= $20,000 - $997.26
= $19,003
Now the annual financing cost is
= ($997 ÷ $19,003) × (365 days ÷ 182 days)
= 10.52%
We assume there are 365 days in a year
Answer:
D) $571.24
Explanation:
Royce' premiums for the previous year were:
- bodily injury $22.50
- property damage $144.75
- collision $275.75
- comprehensive $100
The total premium of the policy was $543
Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24
Answer:
In percentage terms It wil lbe an increase of 60%
Explanation:
We will calculate as follow:
currently the revenue is 1.55
if the price goes up to 3.10 the demand falls by 20%
so we are reducing sales revenue by 20%
3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48
Now we can calculate the percent of change in the water expenditure:
2.48/1.55 - 1 = 0.60
In percentage terms It wil lbe an increase of 60%
