Owen plans to open Owen's Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate Owen employs few workers and is not expected to earn profit for the first few years. Although, he still hopes to expand his outlet. In this case, a sole proprietorship is the best option because it is easier and cheaper to start a company. The business owner is free to make all decisions without any consultations. The sole proprietorship earns moderate profits and does not require huge funds in the near future. Owen employs only Quinn and Ruth to run the pet store, which means that it is a comparatively small outlet and does not require huge funds for its financing. Owen will enjoy one more advantage of paying a single tax. This means that the owner (Owen) is required to pay tax either on profits or personal income. This is because, in this organization, the owner and the business are the same entity. The earnings from the business are the personal income of the owner.
<h3>What is
business organization?</h3>
The word "business organization" refers to the organizational structure of businesses and how such structure aids in achieving their objectives. Businesses are often built to concentrate on either making a profit or helping society. A company is considered a for-profit entity when it prioritizes making money. An organization is referred to as a nonprofit (or not-for-profit) organization and is not often called a business when it aims to further the social good through the arts, education, health care, or some other sector.
To learn more about business organization from the given link:
brainly.com/question/24734641
#SPJ4
<span>If a special sales order is accepted for 5,000 sails at a price of $125 per unit, and fixed costs remain unchanged,the effect on operating income be Increase by $225,000. Since fixed costs remain unchanged, operationg income would increase. If fixed costst remain changed, operationg income would decrease.</span>
1.F<span>or people with a disability and can not work they receive ssi. Ssi (social security income) is a set amount of money sent to people every month for them to pay there bill and buy necessities like food and clothing.
2.</span><span>Gasoline expenditures increasing with miles driven. </span>
<span>Oil change expenditures increasing with miles driven (typically: 3,000 miles; synthetic oil > more miles). </span>
<span>The cost of education increasing with classes taken.</span><span>
3.A type of food you buy.Buying a new fridge for your house.
4.Going to store to buy the new ps4 that just came out .Or going to the store for buying the latest iphone.</span>
Answer:
The answer is $50million
Explanation:
In Accounting goodwill is calculated by subtracting net asset of the acquired business from the purchase price.
Firm A is the acquiring firm and firm Z is the acquired firm.
Net Asset of firm Z(the acquired firm) is Total assets minus total liabilities. So we have:
$150million - $30,000
=$120milion
And goodwill is purchase price minus Net asset of the acquired firm(firm Z)
Goodwill= $170million-$120millon
Goodwill = $50million
