Select an advantage of a sole proprietorship:
- Being your own boss
- Long hours
- Limited resources
- Solely responsible for debt

Answers

Answer 1

Answer:

- Being your own boss

Explanation:

A sole proprietorship business belongs to one person. The owner is responsible for all the important decisions for the business. He or she sources for the required capital, decides on the nature of the business, its location, and operating hours. This means the owner is the final decision-making maker.

A sole proprietor has the advantage of being their own boss.


Related Questions

Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her house to scope out the competition. The competitors were all famous branded coffee houses. They heavily advertised their coffee and had a lot of brand awareness among the customers. They sold their coffee at a low price, because they could divide the cost of operations over a large number of sales. There was an area near a business center that seemed distant from these branded coffee houses. She decided to rent this location for her shop. She realized that she would also need to serve coffee that at least equalled the standards of the branded coffee houses.

Answers

Answer:

Helen decided to rent her shop in this location.

Explanation:

Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.

Imagine you have decided to buy a movie ticket for $15. Which of the
following best describes the opportunity cost of your decision?

Answers

Answer: the money and time you spend on the movie!!


Explanation:

The bank received and accepted a payment worth $7,200 from a customer on the company’s behalf. Which journal entry adjustment should the accountant make?
A.
Accounts receivable will be debited by $7,200.
B.
Accounts payable will be debited by $7,200.
C.
Accounts receivable will be credited by $7,200.
D.
Accounts payable will be credited by $7,200.

Answers

Answer:

C. Accounts receivable will be credited by $7,200

Explanation:

Accounts receivable are expected payments from customers. They exist because businesses sell goods and services to customers on credit. Account receivables are asset accounts. An increase in assets accounts is debited, and a decrease is credited.

If the banks received payment from a customer, it means a customer has paid for goods sold on credit. Accounts receivable have decreased ( to be credited), but cash in the bank has increased.

A Nike Hoodie has a retail price of $99.00 and it costs the retailer $49.50. What is the mark-up
Percentage?

Answers

Answer:

100%

Explanation:

Mark-up is the difference between selling price and cost price

Selling price =$99.00

Cost price = $49.50

Mark up = $99- 49.50

=$49.50

As a percentage

= $49.50/$49.50 x 100

= 1 x 100

= 100%

Select a disadvantage of a corporation:
a. More resources to access
b. Minimum liability
c. Meeting complex government requirements
d. Easier to raise money

Answers

Answer:

c. Meeting complex government requirements

Explanation:

The process of starting a corporation is long and complex compared to the other forms of business. Numerous legal requirements must be met before a corporation is registered. On most occasions, the founders need to hire a lawyer to assists in the registration process. The legal fee and registration fee makes incorporating a business expense.

Look at the equation framework.

3 empty boxes show the parts of an equation. The first box = the second box minus the third box.
Which of the following lists the proper placement of terms, from left to right, to complete the equation?

revenue, profit, opportunity cost
profit, revenue, production cost
production cost, profit, revenue
opportunity cost, revenue, profit

Answers

Answer:

profit, revenue, production cost

Explanation:

Profit is the rewards or gains realized for engaging in business activities. A business is profitable when revenue is more than the expenses.

Revenue is the income generated from the normal business activities of selling goods and services.

Production costs are the expenses incurred in making goods meant for sale.

Answer:

B

or

profit, revenue, production cost

Explanation:

Enterprising people will make good office workers.
A.True
B. False

Answers

Answer:

A.True

Explanation:

Enterprising means having or showing initiative and resourcefulness making it helpful in a office.

It’s a it’s trueeeeeeee

Which quality of accounting information states that the information is verifiable and is not subject to opinion.

Answers

Reliability!

Hope this helps, Good luck! :)

PLEASE HURRY 20 POINTS
Henry is the local district attorney. It is his job to prosecute criminals and keep the public safe from those who might break the law again. What skill would be helpful to Henry in his career?

A.
Henry likes to build things.

B.
Henry is great at public speaking.

C.
Math problems come easy for Henry.

D.
Henry is artistic and enjoys painting.

Answers

Answer:

Henry like to build things

Answer:

B

Explanation:

Practice
Which of the following is a benefit of product
placement? (Select the best answer.)
0 It's difficult for viewers to ignore.
It's less expensive than other forms of advertising.
Olt attracts a broader target market than other ads.
O It doesn't make viewers skeptical.

Answers

Answer:

A. It's difficult for viewers to ignore.

Explanation:

A marketing channel can be defined as the process of developing marketing techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers. There are four (4) main types of marketing channels and these includes; direct selling, dual distribution, sales through intermediaries and reverse channel.

Another channel used extensively by business owners for the advertisement of their products is product placement.

Product placement can be defined as a marketing strategy which typically involves having branded products and services being predominantly featured in a production such as a movie or a piece of art. Thus, it is essentially used by business owners to reach out to their target audience or customers who are considerably large in size.

For example, an automobile company such as Toyota may decide to have their exclusive cars being featured in a blockbuster movie.

Hence, one of the benefit of product placement is that, it's difficult for viewers to ignore.

Answer:

A. It's difficult for viewers to ignore.

Explanation:

did it on edg

How did Ray conduct marketing-information management?

Answers

He saw emma n norman act weird and he found out they knew

2+5=32
4 how is he 5 at the same time

Answers

Answer:

7 = 32

Explanation:

??

Work out how much the repainmt of a £350000 Mortgage with a 10% deposit would be over twenty-five years at an interest rate of 4.5%?

Answers

Answer:

£1,945.41

Explanation:

we can use the present value of an annuity formula to solve this question:

present value of an annuity = monthly payment x present value annuity factor

monthly payment = present value of an annuity / present value annuity factor

present value of an annuity = 350,000present value annuity factor, 0.375% (4.5%/12), 300 periods (25 x 12) = 179.9107

monthly payment = 350,000 / 179.9107 = 1,945.41

If I Want to be a Child Pycoligest, what would the steps be to become this.​

Answers

Answer:

................

Explanation:

Step 1: Three-year accredited undergraduate psychology sequence.

Step 2: Fourth-year accredited psychology studies.

Step 3: Internship pathway or postgraduate study to general registration.

If a stock you buy is $50 per share and pays $2 per year in total dividends;
what is the dividend yield of the stock?*

Answers

Answer:

4%

Explanation:

Dividend yield shows the dividends paid out annually as a percentage of the share market price.

The formula for calculating dividend yield is the annual dividend per share/market value per share.

Dividend yield = dividend/ market share price x 100

Dividend yield = 2/50 x 100

Dividend yield = 0.04 x 100

Dividend yield = 4%

What are the cons of using new residential sales/new home sales as a economic indicator?

Answers

Answer:

New home sales and existing home sales are released each month at about the same time. Many comparisons are made between the two series, but before doing any comparisons, one must be aware of some definition differences that affect the timing of the statistics.

The Census Bureau collects new home sales based upon the following definition: "A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit." The house can be in any stage of construction: not yet started, under construction, or already completed. Typically about 25% of the houses are sold at the time of completion. The remaining 75% are evenly split between those not yet started and those under construction.

Existing home sales data are provided by the National Association of Realtors®. According to them, "the majority of transactions are reported when the sales contract is closed." Most transactions usually involve a mortgage which takes 30-60 days to close. Therefore an existing home sale (closing) most likely involves a sales contract that was signed a month or two prior.

Given the difference in definition, new home sales usually lead existing home sales regarding changes in the residential sales market by a month or two. For example, an existing home sale in January, was probably signed 30 to 45 days earlier which would have been in November or December. This is based on the usual time it takes to obtain and close a mortgage.

Effective with January 2005, the National Association of Realtors created a new monthly series to overcome the lagging effect of the existing home sales definition. This new series is called Pending Home Sales and is based on sales of existing homes where the contract has been signed but the transaction has not been closed, making it roughly equivalent to the new home sales definition. Monthly estimates are expressed as an index where the year 2001 has been set to equal 100.0.

Explanation:

what is 4 1/2 + 5 1/2 ?

Answers

Answer:

10

Explanation:

Brainiest? Hope this helps

10 1/2+1/2= 1 4+5=9 9+1=10 10 is the answer

Accroding to lapena what is the importance of the oral tradition?
to what extent do you agree with his opinions why?

Answers

Answer:

Oral tradition is a form of human communication that transmits knowledge, ideas, culture, thoughts, beliefs and other issues of social or ideological nature through verbal communication. Therefore, this was the main means of knowledge transmission in pre-literate societies, where older generations transmitted their knowledge to younger people, and also an important aspect in literate societies in parallel with written literature.

Therefore, since it is the first means of transmitting knowledge, and is still applied today in smaller social groups such as the family, oral tradition is a fundamental part in the construction of knowledge and people's identity.

You have just deposited $10,500 into an account that promises to pay you an annual interest rate of 6.4 percent each year for the next 5 years. You will leave the money invested in the account and 15 years from today, you need to have $29,750 in the account. What annual interest rate must you earn over the last 10 years to accomplish this goal?

Answers

Answer:

7.59%

Explanation:

Calculation for What annual interest rate must you earn over the last 10 years to accomplish this goal

Future value required=[Amount of deposit*(1+6.4%)^5]*(1+I)^10

$29,750=[$10,500*(1+6.4%)^5]*(1+I)^10

$29,750=[$10,500*(1+0.064)^5]*(1+I)^10

$29,750=[$10,500*(1.064)^5]*(1+I)^10

$29,750=[$14,318.497198]*(1+I)^10

(1+I)^10=[$29,750/$14,318.497198]

(1+I)^10=2.077732013

(1+I)=2.077732013^(1/10)

(1+I)=1.07586791

Hence, annual interest rate will be:

Interest rate, I=(1.07586791-1)*100

Interest rate=0.07586791*100

Interest rate=7.586791%

Interest rate=7.59% (Approximately)

Therefore the annual interest rate that you must earn over the last 10 years to accomplish this goal is 7.59%

A job search should be treated like a full time job. Please select the best answer from the choices provided
True or false

Answers

True, a job search souls be treated like a job

________________ products are customized and adapted to the culture, tastes and social trends of a country.
- International
- Global

Answers

Answer:

- International

Explanation:

An international product is customized to suit the culture and the needs of a particular country. It means the product is available for purchase in many different markets. It is made slightly different to suit the unique needs of each country.

A global product is also available in many countries. Unlike an international product that is customized, a global product is availed with the same features and packaging in all countries.

Which of the following accurately explains why brands such as Kleenex® and Band-Aids® have incredibly strong brand equity?

Because the brand has been in existence so long

Because the products the brand sells are expensive

Because the brand has been able to expand to produce a variety of products

Because when people think of the product, they automatically think of the brand

Answers

Answer:

Because when people think of the product , they automatically think of the brand is answer

Explanation:

I hope it's helpful!

i dont get it
can you help ye s didniit os good to dxuiowesxvuedhhgv0x difc id dv h 0oidv

Answers

i don’t get it either jsjsvsusm ssnshwkwnnw skshwbjsj skjsbs djdhsnsj
I- where the picture??


1) What happens if you do not pay a credit card bill on time?
A. Use your debit card
B. Go into debt
C. Pay interest
D. Declare bankruptcy

Answers

The answer is C because you have to make up for it.

What is meant by the term new market

Answers

Answer:

The term new market can be used in 2 ways:

1) A new market is being used as a term for a new type of shop/ a new genre of market place.

2)  A new market value(rise of market value)

Explanation:

Your Welcome

Rise in value! Hope this helped

PLEASE addresses the answer to the question: how how far should the plan go to meet the
objectives?
• matching objectives and target-market priorities
•matching activities with target markets
•continuity of long planning
• common term of reference
•helps measure market success

Answers

Answer:

the answer is NOT common terms of reference

Explanation:

got it wrong on edg quiz :(

ANSWER: matching objectives and target-market priorities 

Once a marketing campaign is executed, it should be ________________ for effectiveness.
- evaluated
- created
- engineered
- designed

Answers

Answer:

evaluated

Explanation:

To evaluate is to carefully and skillful determine the merits, benefits, significance, nature, character, or relevance of something or someone. The process of evaluation highlights the strengths of the subject matter and reveals its weaknesses.

Evaluating a marketing campaign will determine its level of success and point out areas that need improvement.

Lindsey Paradise is not selected for her sorority of choice at the University of Kansas. She has used all of her time rushing to that particular sorority, which chooses some of her friends but not her. She is disappointed and angry and wants to sue the sorority. What are her prospects of the recovery in the legal system?

Answers

Lindsey Paradise is free to sue the sorority however her chances of a recovery in the legal system are quite slim.

Sororities:

Pick people based on merit. Are not allowed to discriminate based on demographic factors.

Lindsey's rush to that sorority such that all her time was wasted is not a factor considered in her acceptance by that sorority so her prospects of recovery are quite low if she sues them.

If she can prove that discrimination happened however, she would have a good chance.

In conclusion, her prospects are slim.

Find out more about the purpose of sororities at https://brainly.com/question/5043848.

(Will give brainliest)
Which qualification is necessary for a Mental Health Counselor?

knowledge of psychology and related books and resources
understanding of a psychology and religious tradition
understanding of psychology, and mathematics
knowledge of psychology and history of psychology

Answers

Answer: Knowledge of psychology and related books and resources.

Explanation: Religious tradition, mathematics and history of psychology are not needed qualifications for a Mental Health Counselor.

The qualification is necessary for a Mental Health Counselor is knowledge of psychology and related books and resources. Thus the correct option is A.

What is Mental Health Counselor?

The Mental Health Counselor is referred to as an individual who has expertise in dealing with the issues and challenges related to mental health. He carries certain degrees and certifications which shows his expertise and knowledge.

He has a deep understanding of the behavioral changes of an individual which he learned through psychology studies as well as related books and resources.

To manage psychological problems and enhance emotional wellness, counselors work with individuals, families, groups, and communities. People exhibit signs of mental diseases like despair, phobias, and anxiety.

Therefore, option A is appropriate.

Learn more about Mental Health Counselors, here:

https://brainly.com/question/9912755

#SPJ6

Resources are considered to be natural, human or ________________ resources.
- money
- land
- capital
- personal

Answers

Personal






The guy above me said so yeah

Resources are considered to be natural, human, or personal resources.

What are resources?

Resources are those materials that are readily available in our surroundings that are economically feasible, technologically feasible, and culturally sustainable that help us satisfy our needs and desires. Based on their accessibility, resources are separated into two categories:

Personal resources, often known as "internal resources," are resources that may be linked to a specific person. An example of a personal resource is motivation. Interests. the capacity for thought, emotion, and action.

Personal resources are characteristics of the self that are typically associated with resiliency and describe people's perceptions of control over and success in influencing their surroundings. Resources include resources, capital (other finances), and assets (time, money, and energy) that can be used to achieve your objective. What financial resources do you have Make a list of all of your possessions and assets.

Therefore,  thus option (D) is correct.

Learn more about resources here:

https://brainly.com/question/28605667

#SPJ2

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