1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ket [755]
2 years ago
8

Which of the following is a similarity between a sole proprietorship and a partnership?

Business
1 answer:
r-ruslan [8.4K]2 years ago
7 0

The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service

<h3>What is Sole proprietorship?</h3>

Sole proprietorship is a business Enterprise that is owned and run by an individual person.

The individual person is the risk taker.

<h3>What is partnership?</h3>

Partnership refer to any business Enterprise that is own and run by two or more people.

Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.

Learn more about proprietorship from the link below.

brainly.com/question/375502

You might be interested in
Tracy and Lance, equal shareholders in Macaw Corporation, receive $600,000 each in distributions on December 31 of the current y
Lorico [155]

Answer:

B. $300,000

Explanation:

Macaw Corporation increased its E & P last year for the entire amount of the deferred gain on the installment sale. Since one-half of the $800,000 gain is included in taxable income in the current year, taxable income should be reduced by this amount to determine current E & P. Therefore, Macaw Corporation’s current year E & P is $600,000 ($1 million taxable income – $400,000 of installment sale gain). Because one-half of the current E & P is allocated to Tracy’s distribution, she has a $300,000 dividend

6 0
4 years ago
Face when buying one of your favorite foods.
LiRa [457]

Answer:

it is too long but also I like to choice Step 1

5 0
3 years ago
At the beginning of year 1, Looby Corp. purchases equipment for $100,000. The equipment has a residual value of $20,000 and an e
ANEK [815]

Answer:

Accumulated Depreciation at the end of year  =  $16,000

Explanation:

<em>Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.</em>

<em>An equal amount is charged as annual depreciation over the life of the asset. The annual depreciation is calculated as follows:</em>

Annual depreciation:

= (cost of assets - salvage value)/ Estimated useful life

Cost - 100,000

Residual value = 20,000

Estimated useful life = 10 years

Annual depreciation = (100,000- 20,000)/10 =8,000

Annual depreciation = 8,000

Accumulated Depreciation for 2 years = Annual depreciation× number of years

                            = 8,000× 2 = 16,000

Accumulated Depreciation for 2 years =  $16,000

4 0
3 years ago
Which item is an example of data collected from market research? technical client specs your project timeline your project budge
allsm [11]

The item which is an example of data collected from market research is insights into potential customers.

Market research is the process of gathering information about your target market and the knowing current state of your industry. Thus, it is the research conducted directly with potential customers.

Interviews are considered to be a common type of primary market research that can be either in-depth or as simple as asking a question. For instance, in an interview in market research is conducted when a business calls a current customer to ask how they are enjoying a product they recently purchased.

Hence, the data collected from market research is insights into potential customers.

To learn more about market research here:

brainly.com/question/3697439

#SPJ4

4 0
2 years ago
Suppose two companies attempt to merge, and they operate in an industry where the postmerger Herfindahl-Hirschman index is 2,900
Allushta [10]

Answer:

Option B -  There are significant diseconomies of scope is the correct answer.

Explanation:

Option  A is, not a condition that could improve the probability that the justice department would approve the merger.

The Herfindahl-Hirschman index is based on a restricted definition of the product market or the impact of foreign competition, the merger might be allowed.

It might also be permitted if one of the firms is in financial trouble, or if significant economies of scale exist in the industry.

Significant diseconomies of scope would only serve to make the merger less likely to be accepted.

Therefore, option B is the correct answer.

6 0
4 years ago
Read 2 more answers
Other questions:
  • Richard is the owner of a very popular burger joint in his locality. He knows that his burger joint's location and excellent cus
    13·1 answer
  • How do you juggle being a student and being an entrepreneur?
    15·1 answer
  • The following items were drawn from a company’s accounting records: (1) Accounts receivable (2) Accounts payable (3) Cash paid t
    5·2 answers
  • Can somone do a project for me
    15·1 answer
  • Which of the following will not help a firm speed up the timing of when it can obtain the use of funds from checks written to it
    5·1 answer
  • Jason wants to open a checking account with a ​$100 deposit. Jason believes he will write 15 checks per month and use other​ ban
    15·1 answer
  • Nancy, an employee at MegaWorks Corp., has been on the job for only a week. She needs to ask the accountant some questions, but
    9·1 answer
  • Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is
    15·1 answer
  • If there is capital flight from the United States, then the demand for loanable funds a. shifts left while the supply of dollars
    7·1 answer
  • The following information describes a​ company's usage of direct labor in a recent​ period: Actual direct labor hours used 33 co
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!