Five common types of business structures
- Sole proprietorship.
- Partnership.
- Corporation.
- S corporation.
- Limited liability company.
<h3>
What are the differences of business types?</h3>
Five common types of business structures
- Sole proprietorship.
- Partnership.
- Corporation.
- S corporation.
- Limited liability company.
- A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole owner.
- A sole proprietorship exists as a kind of business that exist owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone trader ship, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.
- In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
- A partnership is a group of two or more persons who work together to conduct business or engage in commerce. Each individual provides something—cash, goods, labor, or skills—and shares in the company's gains and losses.
- A corporation is a collection of people or a business that has been given legal status as a single entity by the state and is used for specific legal purposes. Early corporations were created with a charter. Nowadays, the majority of governments permit the establishment of new corporations.
To learn more about business types refer to:
brainly.com/question/3140091
#SPJ4
Answer:
.progressive or regressive.
Explanation:
Answer:
22.98%
Explanation:
Here, the current entry means the ratio between the long term debt and the total assets
In mathematically,
= Long term debt ÷ total assets
where,
Total assets = Account receivable + cash + inventories + net fixed assets
= $397,400 + $47,500 + $288,000 + $999,000
= $1,731,900
And, the long term debt is $398,024
Now put these values to the above formula
So, the ratio would equal to
= $398,024 ÷ $1,731,900
= 22.98%
<u>Answer: </u>
<em>Segregation of duties</em>
<u>Explanation:</u>
<em>Segregation of duties is a key internal control intended to minimize the occurrence of errors or fraud by ensuring that no employee has the ability to both perpetrate and conceal errors or fraud in the normal course of their duties. Generally, the primary incompatible duties that need to be segregated are: Nội dung chính Segregation of Duties</em>
Answer:
d. Design utilization is 66%.
Explanation:
If the clinic gave flu shots to 330 seniors over ten hours, that's an average of 33 seniors per hour, comparing to the design capacity and effective capicity gives:
Therefore, Design utilization is 66% and Effective utilization is 75% so the answer is D.
