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Feliz [49]
2 years ago
12

When Linda McAnem began Stirya, a New York-based computer services company, she ran it as a sole proprietorship. As the business

grew, she realized that she did not want to be personally liable for the business's debts and wanted her business accounts to be separate from her personal accounts. Therefore, she should have:(A) Incorporated Stirya(B) Found limited partners(C) Created a general proprietorship(D) Created an S proprietorship(E) Franchised the business
Business
1 answer:
Fantom [35]2 years ago
5 0

Answer:

Option "A" is the correct answer to the following statement.

Incorporated Stirya

Explanation:

Incorporation means the formal process of developing a business or a corporate entity.

The benefits of a company's establishment include limited liability, transferable securities, automatic inheritance, independent assets, sue capacity, versatility, and sovereignty.

In this case, Linda does not want to personal liability for business debts and wants to create a separate entity from the business so she chooses incorporation business.

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Which of the following is NOT true? Group of answer choices A call option gives the holder the right to buy an asset by a certai
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Answer:The holder of a call or put option must exercise the right to sell or buy an asset.

Explanation:The holder of a right or put option has the right to exercise that power but it is not a mandatory right,he or she can decide not to exercise that power.

All other options are correct, a call or gives the holder the right to buy an asset at a certain date and at a specific price.

A put option gives the holder the right to sell an asset at a specific date and price.

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2 years ago
On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.8 million cash to expand operations. The l
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Answer:

Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp.

August 01, 2021:

Cash-                     20.800.000

Notes Payable-                          20.800.000

December 31, 2021:

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Interest Payable-                           520.000

January 31, 2022:

Notes Payable-     20.800.000

Interest Payable-    520.000

Interest Expense-    104.000

Cash-                                           21.424.000

Explanation:

August 01, 2021:

Cash-                     20.800.000

Notes Payable-                          20.800.000

December 31, 2021:

Interest Expense-        520.000

Interest Payable-                           520.000

January 31, 2022:

Notes Payable-     20.800.000

Interest Payable-    520.000

Interest Expense-    104.000

Cash-                                           21.424.000

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2 years ago
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Answer:

c. in which people are presented with ambiguous images

Explanation:

The Thematic Apperception Test, also known as TAT, involves showing subjects ambiguous pictures and asking them to come up with an explanation for what is happening in the scene.

The way the test works is that subjects decipher or describe ambiguous situations based on their own past experiences and motivations in the form stories. This could either be conscious or subconscious.  Subject usually  lowers his/her guard to the examiner while describing the story. At this point, much-valuable information about the subject is being divulged.

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Demski Company pays its employees on the 1st and 15th of each month. It is March 31 and Demski is preparing financial statements
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Answer:

Explanation:

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Mr. williams expects to retire in 30 years and would like to accumulate $1 million in his pension fund. if the annual interest r
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