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2 years ago

Without creating a separate business organization, Roy starts up Sole Savers, a new, pre-owned auto sales enterprise. Roy is

Business

1 answer:

s2008m [1.1K]2 years ago

5 0

Roy is a sole trader if he is not setting up a company instead starts a business.

<h3>What is a Business?</h3>

A business is the process of selling goods or services and earning revenue and profits through it, the business generates revenue which is deducted by the expenses incurred by the business. The business ensures the strategy to have a balance between these expenses and revenue so that there is some residue profit.

The sole trader is the business where the owner of the business is highly involved in day to day running of the business taking all the strategic decisions and responsible for all the debts of the business.

On the other hand a limited liability company is a business in which the owner of the company can be involved in day to day running of the operations but is not liable personally for the debts.

Learn more about Trader at brainly.com/question/27235892

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$1500 for supplies to sell at a football game. Total receipts for the venue was $3,700. What were her expenses as a percentage o

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Answer:

$\large\boxed{\large\boxed{41\%}}$

Explanation:

You need to assume that the total expenses were equal to the cost of the supplies, i.e. there were not other expenses but the $1,500 for supplies to sell.

The total income or revenue was $3,700.

The percentage of the expenses to the revenue is:

$Percentage=\dfrac{expenses}{revenue}\times 100\\\\\\ Percentage=\dfrac{\$1,500}{\$3,700}\times 100=40.5\%\approx41\%$

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3 years ago

Unfortunately, Diana doesn't have enough money in her account right now. She needs to make additional contributions at the end o

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Answer: $1,203.49

Explanation:

The equal contributions will be an annuity. The $3,500 already there will also grow at 6% for 3 years. Expression is;

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Contribution = (8,000 - 4,168.56) / 3.1836

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3 years ago

Fiona and her fellow Green Committee members are studying the effects of the use of energy-efficient light bulbs. Which of these

Kamila [148]

The correct answer is B.) Hope this helps!

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3 years ago

Your stockbroker executed the following trades for your account: • 50 shares of Kaiser Aluminum at $104 a share • 100 shares of

katrin2010 [14]

Answer:

$46.51

Explanation:

The weighted arithmetic mean can be defined as:

$M = \frac{n1P1 + n2P2 +n3P3}{n1 +n2+n3}$

Where n is the number of shares and P is the share price, then:

$M= \frac{50*104 + 100*25.25+ 20*9.125}{50+100+20} \\ M= \frac{7907.5}{170}\\M= 46.514$

Based on this, the weighted arithmetic mean price per share is $46.51

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3 years ago

Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu

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Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

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rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

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3 years ago