Cob 300b Study guides, Class notes & Summaries

COB 300B Test 1 Exam Questions With Correct Answers Sole Proprietorship - answerSingle Owner and Manager Sole Proprietorship Advantages - answer• Inexpensive and simple to set up • Little to no regulation or reporting requirements • Single taxation-Business income treated like regular income Sole Proprietorship Disadvantages - answer• Unlimited Personal Liability • Difficult to transfer ownership • Limited access to capital Partnership - answerOwned and managed by two or mor...

Exam 2 COB 300B Questions with Complete Solutions

Future Value Correct Answer-The effect of compounding is small for a smallnumber of periods, but increases as the number ofperiods increases TIme Line Correct Answer-helps you visualize what's happening in a particular problem Future Value Correct Answer-The amount of to which a cash flow or serves of cash floes will grow over a given period of time when compounded at a given interest rate. Present Value Correct Answer-The value today of a future cash flow or series of cash flows Co...

Economics Correct Answer-The study of the allocation of scarce resources Two major allocations Correct Answer--How can we get money from those with more than they currently need (savers) and into the hands of those who currently need money (businesses/governments/people) -What should businesses/governments/people do with the money they have? How are funds allocated? Correct Answer--market prices -rates of return -interest rates What are the terms of fund allocation? Correct Answer--C...

Sole Proprietorship Correct Answer-Single Owner and Manager Sole Proprietorship Advantages Correct Answer-• Inexpensive and simple to set up • Little to no regulation or reporting requirements • Single taxation-Business income treated like regular income Sole Proprietorship Disadvantages Correct Answer-• Unlimited Personal Liability • Difficult to transfer ownership • Limited access to capital Partnership Correct Answer-Owned and managed by two or more people -Partners...

COB 300B- Test 2 (Chapters 5-7-9 On Slides 7-3) Questions With Complete Solutions

You recently sold 100 shares of Microsoft stock to your brother at a family reunion. At the reunion your brother gave you a check for the stock and you gave your brother the stock certificates. Which of the following best describes this transaction? a. This is an example of a money market transaction. b. This is an example of an exchange of physical assets. c. This is an example of a direct transfer of capital. d. This is an example of a primary market transaction. e. This is an example of ...

Sole Proprietorship - Single Owner and Manager Sole Proprietorship Advantages - • Inexpensive and simple to set up • Little to no regulation or reporting requirements • Single taxation-Business income treated like regular income Sole Proprietorship Disadvantages - • Unlimited Personal Liability • Difficult to transfer ownership • Limited access to capital Partnership - Owned and managed by two or more people -Partnership agreement

COB 300B Test 1 summary and elaborations | Updated Sole Proprietorship *** Single Owner and Manager Sole Proprietorship Advantages *** • Inexpensive and simple to set up • Little to no regulation or reporting requirements • Single taxation-Business income treated like regular income Sole Proprietorship Disadvantages *** • Unlimited Personal Liability • Difficult to transfer ownership • Limited access to capital