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qwelly [4]
2 years ago
5

A________is a form of organisation in which the owner maintains complete control over the business and is personally liable for

business debts.
A. Sole proprietorship
B. General partnership
C. Corporation
D. Limited liability company
Business
2 answers:
Ainat [17]2 years ago
6 0

Answer:

Sole Proprietorship

Explanation:

Sole proprietorships own all the assets of the business and the profits generated by it. They also assume complete responsibility for any of its liabilities or debts.

svlad2 [7]2 years ago
6 0

<em><u>A</u></em><em><u> </u></em><em><u>s</u></em><em><u>ole proprietorship</u></em><em><u> </u></em><em><u>is a form of organisation in which the owner maintains complete control over the business and is personally liable for business debts.</u></em>

<em><u>have</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em><em><u>great</u></em><em><u> </u></em><em><u>day</u></em><em><u>!</u></em>

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The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the​ ________ interest rate. A.
finlep [7]

Answer: The correct answer is d) NOMINAL

Explanation: Nominal interest rate is the interest rate before inflation is taken into account. Nominal interest rate can also be used to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.

It is the contractual interest rate charged by a lender or promised by the borrower.

3 0
3 years ago
Crane Company had the following account balances:
aivan3 [116]

Answer:

The correct answer is $479,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the total revenue by using following formula:

Total revenue = Net sale + Dividend revenue  + Rent revenue

Where, Net sales = Sales revenue - Sales return

= $445,000 - $34,000 = $411,000

By putting the value in the formula, we get

Total revenue = $411,000 + $10,500 + $58,000

= $479,500

4 0
3 years ago
Travelers to Europe usually exchange dollars for euros. Assuming that the euro supply is static, how does this currency exchange
otez555 [7]

Answer:

Increase demand for euros and Increase US dollar price of the Euro

Explanation:

The U.S travelers to Europe will require euros while in Europe. However, since the supply of euros is static i.e does not change with change in demand, there will be more people demanding for the euro resulting into increased demand for the euro. As a result, people will have to pay more US dollars to obtain euros thus increasing the US dollar price of the euro.

4 0
2 years ago
Which statement reports the changes in shareholders' equity during the period that were not a result of transactions by owners.
guajiro [1.7K]

Answer:

the statement of comprehensive income

Explanation:

The statement of comprehensive income refers to a summary in which the net assets are to be recognized for a particular period of time. It shows the adjustments made to the equity that would be highlighted also. Plus the net income could be determined by preparing an income statement

Therefore in the given case, the changes that are made in the stockholder equity would be come under the comprehensive income statement and the same is to be considered

3 0
3 years ago
How does a pension fund act as an investor?
Ronch [10]

A pension fun act as an investor by (B) The company invests the money collected from employers and/or employees.



6 0
3 years ago
Read 2 more answers
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