There are three forms of business organization

Assignment Help Financial Management
Reference no: EM131346212

There are three forms of business organization. Which of the following has unlimited liability?

I. Corporation

II. General partnership

a. Only statement I is correct

b. Only statement II is correct

c. Both statements I and II are correct

d. Neither statement I nor II is correct

 

Reference no: EM131346212

Questions Cloud

Filer manufacturing also has two bond issues outstanding : Filer Manufacturing has 4 million shares of common stock outstanding. The current share price is $83, and the book value per share is $8. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $90 million, ..
What is pretax cost of debt and aftertax cost of debt : Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 9 years to maturity that is quoted at 100 percent of face value. The issue makes semiannual payments and has an embedded cost of 9 percent annually. Wha..
Share in dividends was received over six month period : If an investor purchased 100 shares of Biggee stock for $30 per share, 6 months ago, and then sold the stock today for $33 per share, what was the investor's holding period return if a total of $1 per share in dividends was received over the 6 month ..
What is the maximum increase in sales : The most recent financial statements for Throwing Copper Co. are shown here: What is the maximum increase in sales that can be sustained assuming no new equity is issued?
There are three forms of business organization : There are three forms of business organization. Which of the following has unlimited liability?
Find the duration of bond with settlement date : Find the duration of a bond with settlement date June 1, 2016, and maturity date November 25, 2025. The coupon rate of the bond is 8%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 9%.
Find the convexity of seven-year maturity : Find the convexity of a seven-year maturity, 8.4% coupon bond selling at a yield to maturity of 9.4%. The bond pays its coupons annually.
Medical device manufacturing firm called jointsortho : The industry of medical devices involves a number of monitoring and reconstructive devices. Some of those devices include cardiac and diabetic care as well as hip and knee replacements. The owners of a medical device manufacturing firm called “Joints..
What amount will be paid by the insurance company for loss : The insurance carrier used by Pinnacle Computer Systems specifies 65% coinsurance. What amount will be paid by the insurance company for the loss? Which of the following is likely to be a material component of an insurer’s revenue? Methods of dealing..

Reviews

Write a Review

Financial Management Questions & Answers

  Value of the company due to expected bankruptcy costs

Nonmarketed Claims Dream, Inc. has debt outstanding with a face value of $5 million. The value of the firm if it were entirely financed by equity would be $18.65 million. The company also has 360,000 shares of stock outstanding that sell at a price o..

  Rank criterias as per their priorities

Identification of a problem and the desired outcome wished to be achieved. Identify the decision criteria by determining what factors are relevant in making decision. Rank criterias as per their priorities.

  What is the present value of such a perpetuity

What is the value today of a $10,000 payment made in perpetuity assuming a 8% discount rate - What is the present value of such a perpetuity?

  What rate should firm use to discount project cash flows

Titan Mining Corporation has 8.9 million shares of common stock outstanding and 330,000 5 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $37 per share and has a beta of 1.45, and the bonds have 15 ye..

  What is the companys net working capital

Laurel Electronics reported the following information at its annual meeting: The Company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,118,000, accounts receivables of $3,453,700, short-term ..

  Income statement information is applicable for the entire

Balance sheet account information is as of the close of business for December 31, 2006 unless otherwise indicated. Income statement information is applicable for the entire calendar year 2006 unless otherwise indicated.

  Sales increase-what is its self-supporting growth rate

Maggie's Muffins, Inc., generated $4,000,000 in sales during 2016, and its year-end total assets were $2,800,000. Also, at year-end 2016, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..

  Using straight-line depreciation

Your Company is considering a new project that will require $830,000 of new equipment at the start of the project. The equipment will have a depreciable life of 6 years and will be depreciated to a book value of $164,000 using straight-line depreciat..

  Debt while maintaining its current equity and net income

Quixote Industries currently has $6 million in debt and $10 million in equity. Assume the firm uses some of its cash to decrease its debt while maintaining its current equity and net income. Which one of the following will decrease as a result of thi..

  How do dividends impact the value of a share of stock

Are there any instances in which companies should not pay dividends? How do dividends impact the value of a share of stock?

  Enable a company to raise additional equity capital

Which of the following actions will best enable a company to raise additional equity capital, other things held constant?

  Firm is considering developing an apartment complex

Your firm is considering developing an apartment complex. The firm owns land that could be used for the project; it was bought last year for $500,000. Real estate has gone up sharply in the last year: the land could be sold today for $625,000. Fixed ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd