You and a friend have decided to set up in business offering a bicycle delivery service in
Question:
You and a friend have decided to set up in business offering a bicycle delivery service in your local area. you feel that you can raise enough funds from your own resources to get the business going. you have calculated that you can finance your planned future expansion from profits. you intend to create a limited company to own the business. Would a public limited company or a private one be more appropriate? explain your reasons.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
A private limited company would be more appropriate for this business ven...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting And Finance An Introduction
ISBN: 9781292312262
10th Edition
Authors: Eddie McLaney, Peter Atrill
Question Posted:
Students also viewed these Business questions
-
You and a friend have decided to work jointly on a course project. Frankly, your friend is a less-than ideal partner. His skills as a researcher are such that he can review and outline only two...
-
You and a friend have just finished an enjoyable dinner at Rosies East End Restaurant (Rosies). Rosies is a favorite watering hole for local residents in a very busy tourist town in eastern...
-
You and a friend have finished your Christmas shopping at the mall and have decided to relax and have lunch in a small restaurant in the food court. After selecting your entrees, you notice a sign on...
-
Investigate the recycling policy in the city where you live. How might you interpret the policy using the concepts or policy criteria presented in this chapter?
-
Why is ocean marine coverage so broad in scope? What are the limits on ocean marine coverage with respect to losses not covered?
-
A high-pressure reactor vessel in a pharmaceutical company was purchased for $200,000. It has a useful life of 10 years, and the vessel can be sold for $30,000 at that time. The vessel will be...
-
Is honey a cough remedy? Refer to the Archives of Pediatrics and Adolescent Medicine (Dec. 2007) study of honey as a childrens cough remedy, Exercise 2.40 (p. 79). The data (cough improvement scores)...
-
Macs Warehouse is a large discount store that operates 7 days per week. The store needs the following number of full-time employees working each day of the week: Each employee must work 5 consecutive...
-
(NPV with varying required rates of return) Gubanich Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of...
-
Enter a lookup function in cell E5 that returns the tax deduction amount for the number of dependents listed in the cell C5. Use the table in range H13:I17 to complete the function. The maximum...
-
The London stock exchange has the power to suspend dealing in shares of businesses that have failed to comply with particular regulations. Why is this seen as a sanction for the business concerned?
-
Singh enterprises, which started business on 1 January 2016, has a reporting period to 31 December and uses the straight-line method of depreciation. on 1 January 2016, the business bought a machine...
-
5. CPA QUESTION Pace Corp. previously issued 300,000 shares of its common stock. The shares are now actively traded on a national securities exchange. The original offering was exempt from...
-
Match each of the following transactions of Lesch \& Company with the appropriate letters, indicating the debits and credits to be made. The key for the letters follows the list of transactions. The...
-
Workers act as sellers of their time in the labor market in return for some wage. Lets discover your individual supply curve for labor. For each hourly wage rate provided in the accompanying table,...
-
The Joint Commission on Accreditation of Healthcare Organizations (JCAHO) monitors and evaluates health care providers according to strict standards and guidelines. Improvement in the quality of care...
-
The U.S. National Highway Traffic Safety Administratio (NHTSA) independently tests over 2,400 types of tires annually. In 2015, they issued more than 900 recalls, affecting 51 million vehicles...
-
The Hudson Jewelers case study can be found in Appendix C. Chapter 17 Case Questions for Discussion: 1.Research and acquire the criteria for diamond appraisals and critique these criteria in terms of...
-
(a) Use the Product-to-Sum Formulas to express product as a sum, (b) Use the method of adding y-coordinates to graph the function on the interval [0, 2]. H(x) = 2 sin(3x) cos(x)
-
(a) Water flows through the nozzle of a garden hose. Find an expression for m in terms of line pressure P 1 , ambient pressure P 2 , inside hose diameter D 1 , and nozzle outlet diameter D 2 . Assume...
-
Chaotic Industries is considering an investment in a fleet of ten delivery vans to take its products to customers. The vans will cost 15,000 each to buy, payable immediately. The annual running costs...
-
Boswell Enterprises Ltd is reviewing its trade credit policy. The business, which sells all of its goods on credit, has estimated that sales revenue for the forthcoming year will be 3 million under...
-
The chief executive officer of Sparkrite Ltd, a trading business, has just received summary sets of financial statements for last year and this year: Required: (a) Show, by using the data given, how...
-
Nelo Partnership had three partners, whose capital balances on June 30 were as follows: Jack $50,000, Andy $35,000, Nick $22,000. The profit-sharing ratio is 6:4:2 (Jack, Andy, Nick). On July 1,...
-
Alex buys a Blu-ray disc costing $14.49. Use the table below to find the sales tax on this item. Amount of Sale ($) Tax ($) 13.70 13.89 0.69 13.90 14.09 0.70 14.10 14.29 0.71 14.30 14.49 0.72 14.50...
-
Show partial income statements through gross margin for all three methods, assuming both products are further processed into Current Attempt in Progress It's mind - boggling the number of products...
Study smarter with the SolutionInn App