Two questions are listed below, do a written document on each.

Question 1

Ryan, Tamara, and Tami have just graduated from the University of Nepal, each with an accounting degree. They are all agreed that self-employment is a more attractive prospect by which they can establish a successful business in which their qualifications will be an asset. They may want to do something together as well as they might not.

What are the likely business vehicles that any or all of them may consider adopting and what would you advise them to take into account in choosing the most appropriate vehicle.

Question II

Dean is a successful sole practitioner offering accountancy and business consultancy services to a number of local companies. His chief competitor is Caroline, who offers similar services. Caroline and Dean decide that they wish to work together, but are unsure as to which business structure would be most appropriate. They seek your advice regarding which business structure would be most suitable, bearing in mind:

they wish to avoid significant levels of formality and regulation

they want to have flexibility in establishing the procedures by which the business is to be run

they want to be able to run their affairs in private

they want to avoid personal liability for the debts and liabilities of the business

the process of creating the business should be relatively cheap and quick

they do not want to invest significant amounts of their own capital in setting up the business and will probably wish to raise capital from outside sources they wish to take on employees.

Discuss to what extent the various business structures fulfil all, or some, of the above aims and advise Dean and Caroline which business structure would be most suitable for their business

Co Page 8. Gross Domestic Product The following table shows the U.S. gross domestic product (GDP) G, in trillions of dollars, as a function of the year t. t = Year 2004 2010 2014 G = GDP (trillions of dollars) 11.87 14.66 17.42 a. Explain in practical terms what G(2004) means, and find its value. b. Use functional notation to express the gross domestic product in 2007, and estimate that valueConsider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real GDP GDP Deflator 2009 $500 100 2010 $551.2 106 2011 $600.6 $546 2012 $600.6 120 What is the value of the gross domestic product (GDP) deflator in 2011? Round to the nearest decimal. O 154.6 0 1100 0 90.9 0 54.6 6 1120Question 15 (1 point) If real gross domestic product (GDP) in a particular year is $5,000 trillion and nominal gross domestic product (GDP) in that same year is $4,000 trillion, then the: consumer price index (CPI) is 125. economic activity has decreased by 40 percent. GDP price index is 125. O there was no inflation from the base period. economy has grown by 30 percent.The percentage of gross domestic product (GOP] in a state going toward health care from 2007 through 2010, with projections for 2014 and 2019 is modeled by the function (x) = 1.2 inx+ 13.3, where [x) is the percentage of gross domestic product going toward health care x years after 2005. According to the model, when will 16.346 of gross domestic product go toward health care? According to the model, 16 3% of gross domestic product wil go toward health care in the year (Round to the nearest year as needed ) Enter your answer in the answer bax. M acer m 3