4.
MATH You plan to start a corporation. You have $67,500 in sav-
ings, but need $165,000 total to begin your business. How much
money will you need from investors? What will be your percent-
age of ownership? If you have four outside investors, how much
will each investor need to invest? What percentage will each
investor own?
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
[tex] Total = Savings + X[/tex]
Substituting into the equation, we have;
[tex] 165,000 = 67,500 + X[/tex]
[tex] X = 165,000 - 67500[/tex]
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
[tex] Percent \; ownership = \frac {67500}{165000} * 100[/tex]
[tex] Percent \; ownership = 0.409 * 100[/tex]
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
[tex] Percent = \frac {24375}{165000} * 100[/tex]
Percent = 14.77%
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
Substituting into the equation, we have;
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
Percent = 14.77%
Gib brainliest plz
Work environment includes physical and social surroundings of work.
Answer:
You must consider the physical aspects of different work environments when choosing a career.
Which of the following should you NOT research when investing in mutual funds?
a. Qualifications of fund managers.
b. The primary goals of the fund.
C. The performance of the fund over time.
d. Finding reliable professionals to represent your interests.
Answer:
d. Finding reliable professionals to represent your interests.
Explanation:
A mutual fund is a combination of different investment instruments, including shares, bonds, and other money market securities. The combined investment instruments trade as a single investment tool. Someone investing in a mutual fund will be buying small units of shares, bonds, and securities of different companies. A mutual fund is a good example of portfolio investment.
Fund managers manage mutual funds. A fund manager is a skilled and experienced person or entity in the money markets. Their main role is to select the securities that form a mutual fund. They pick investment instruments that maximize their clients' returns. An investor does not need a representative in a mutual fund; the fund manager's track record is what should concern them.
Item C
BMR plc
BMR plc knocks down unwanted buildings and prepares the land for construction when a site is being redeveloped for a new use. The company recently started to salvage, recycle and sell building materials that can be used in other construction projects.
Many of its demolition jobs take several months to complete and BMR plc can wait for over a year before it is paid. BMR plc receives the money from its sale of salvaged building material within 2 months.
Demolition businesses often deal with dangerous and heavy materials that need to be disposed of well away from the building site. The demolition industry has received a lot of criticism in recent years for damaging the environment. Some demolition businesses have even tried to reduce costs by operating in ways that put site workers and the public at risk. BMR plc wants to be known as an ethical business and has set itself the objective of operating in an environmentally friendly way.
Extract from BMR plc’s statement of financial position (balance sheet):
All figures are in millions of pounds (£m).
Current ratio = Current assets/Current liabilities.
The current ratio at the end of 2015 was 1.25.
Unit 2 - May 2017
BMR plc has said that it wants to be known as an ethical business and one thing it has done is to set an environmental objective. Explain whether you believe that this is a sensible thing for BMR plc to do. Use Item C to support your answer.
[9 marks]
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