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3 years ago

Source of income for sole proprietor

Business

1 answer:

madam [21]3 years ago

5 0

Answer:

As a sole proprietor, you don't pay yourself a salary and you can't deduct your salary as a business expense. Technically, your “pay” is the profit (sales minus expenses) the business makes at the end of the year. You can hire other employees and pay them a salary. You just can't pay yourself that way

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Will name brainliest

Lina20 [59]

Answer:

in the wild, where she stories animals development and behaviour,and then travel to zoos where she report her findings

8 0

3 years ago

Read 2 more answers

Calculating the Number of Payments. You’re prepared to make monthly payments of $250, beginning at the end of this month, into a

Ymorist [56]

Answer:

128 payments

Explanation:

Since the payments begin at the end of the month, the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M × {[(1 + r)^n - 1] ÷ r} ................................. (1)

Where,

FV = Future value of the amount = $50,000

M = Annuity payment = $250

r = Monthly interest rate = 8% ÷ 12 = 0.67%, 0.0067

n = number of periods the investment will be made = n

Substituting the values into equation (1), we have:

50,000 = 250 × {[(1 + 0.0067)^n - 1] ÷ 0.0067}

50,000/250 = [(1.0067)^n - 1] ÷ 0.0067

200 * 0.0067 = (1.0067)^n - 1

1.33 + 1 = (1.0067)^n

2.33 = (1.0067)^n

By loglinearizing the above, we have:

ln2.33 = n * ln1.0067

0.8473 = n * 0.0066

n = 0.8473/0.0066

n = 127.52, or 128 months approximately

Therefore, the number of payments to make is approximately 128 payments.

6 0

3 years ago

A customer slipped and fell in a store and was severly injured. As required by state regulation, the store's manager conducted a

docker41 [41]

Answer:

The manager notes are protected by a qualified immunity from discovery under the work product doctrine. The store is not liable to disclose report unless there is substantial need.

Explanation:

The customer has fell in a store because of store negligence not because of store manager's negligence. The court decided a case based on facts. The customer's attorney may ask store to produce reports which serve a base for customer injury. Manager notes are protected and therefore they cannot be disclosed unless the court demands it.

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3 years ago

How do patents encourage technological progress

Setler79 [48]

Patents are used to balance the right of the individual with the concept of the public good. In general, the purpose of a patent is two-fold: to allow the inventor of some new thing to retain exclusive rights as to its use for a limited period of time, and after that time to ensure that the details of the invention are available for public use.
By granting the patent-holder exclusive rights to their invention, use and duplication of the invention is at the sole discretion of the inventor, potentially allowing them to profit from it. However, after a period of time those exclusive rights cease to apply, and the new invention becomes available to the public. This contributes to the public good by increasing the amount of general knowledge available.

7 0

3 years ago

Suppose that a company currently employs 2 comma 500 workers and produces 4 million units of output per month. Labor is its only

KatRina [158]

Answer:

1) 1.25

2) 1600.00

3) 250,000 pennies

Explanation:

Given:

•Number of workers, n = 2,500

•Output per month =4,000,000 units

•Current total variable costs = $5,000,000

1) For average variable costs:

Average variable costs =

Total variable costs/output.p.month

= $\frac{$5,000,000}{4,000,000}$

= 1.25

2) Average product of labour will be:

Average product of labour =

Output per month/n

$= \frac{4,000,000}{2,500}$

= 1,600.00

3) Monthly wage for each worker will be given as:

Monhly wage =

Total variable costs/n

Therefore, monthly wage for each worker =

$= \frac{5,000,000}{2,500}$

= $2,500 => 250,000 pennies

4 0

4 years ago