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skelet666 [1.2K]
2 years ago
10

WHAT ARE TWO BENEFITS AND DRAWBACKS OF BEING A SOLE TRADER?

Business
2 answers:
pentagon [3]2 years ago
6 0
It's easy to change your legal structure later if circumstances change you can easily wind up your business

And

establishing and operating your business is simple.
Vinil7 [7]2 years ago
5 0

Answer:

you are the boss you keep all the profits startup costs are low

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What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?
fiasKO [112]

Answer:

$101,385

Explanation:

The question is incomplete. The complete question can be found here- https://www.chegg.com/homework-help/questions-and-answers/present-value-10-equal-payments-16-500-made-end-year-next-10-years-annual-interest-rate-10-q41891258

Here is the complete question - What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years? The annual interest rate is 10%. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.

The present value of cash flow can be found by discounting the present value of the cash flow by 10%

This can be found using a financial calculator:

Cash flow for year 1 - 10 = $16,500

I =10%

Present value = $101,385

I hope my answer helps you

6 0
2 years ago
Solutions Group managers suggest that clients consider doing a resonance test when designing advertising, because this will help
kipiarov [429]

Scenario 7-5) Solutions Group managers suggest that clients consider doing a resonance test when designing advertising, because this will help understand target consumers regarding their

a.recognition of the brand.

b.potential purchase of the brand.

c.emotional connection to the brand.

d.attitude changes about the brand

Answer:

Option C is correct

Explanation:

This is used for measuring product experience of consumers on a particular brand. It tests products concept for emotional and functional design attributes such as consumer needs, believability(trust) and differentiation in level of product experience by customers.

6 0
2 years ago
Wonder Corporation declared a common stock dividend to all shareholders of record on September 30, 20X3. Shareholders will recei
lesantik [10]

Answer:

<em>C. $0 dividend income and a tax basis in the new stock of $56.25 per share</em>

Explanation:

Existing tax basis

= 300 shares * $90

= $27,000

Latest stocks attributable to stock dividend to be given to Diana,

= 300 * 3/5

= 180

Therefore the total number of shares will be, after dividend,

= 180 + 300

= 480

So new tax basis per share

=27,000 / 480

<u><em>=  $56.25</em></u>

7 0
3 years ago
During globalization 1.0 all important business functions were located in the home country, whereas during globalization 2.0 mul
Alex777 [14]

During globalization 1.0 all important business functions were located in the home country, whereas during globalization 2.0 multinationals began to copy themselves <u>in a few key countries.</u>

<u />

Globalization is a time period used to explain how change and era have made the arena into a more connected and interdependent location. Globalization additionally captures in its scope the economic and social adjustments which have come approximately as a result

Multinational businesses are a tangible instance of globalization. a few examples include the subsequent: McDonald's had 39,198 rapid-food eating places in 119 nations and territories, consistent with its Securities and alternate commission filing on the cease of 2020.

Learn more about globalization here: brainly.com/question/200850

#SPJ4

4 0
1 year ago
Nick and Katelyn paid $1,600 and $2,100 in qualifying expenses for their two daughters, Nicole and Naomi, respectively, to atten
Damm [24]

Answer: $0

Explanation:

From the question, we are informed that Nick and Katelyn paid $1,600 and $2,100 in qualifying expenses for their two daughters, Nicole and Naomi, respectively, to attend the University of Nevada and that Nicole is a sophomore and Naomi is a freshman.

We are further told that Nick and Katelyn's AGI is $202,000. Based on the above scenario, their allowable American opportunity tax credit will be $0. This is because when AGI is more than $180,000 for such taxpayers, the credit is being phased out.

5 0
2 years ago
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