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Ivan
2 years ago
8

which of the following is true of a sole proprietorship? a business operated under sole proprietorship cannot be transferred. b)

large businesses cannot be operated under sole proprietorship. c) a business operated under sole proprietorship must be owned by one or more people of the same family. d) creditors can recover claims against the business from the sole proprietor's personal assets.
Business
1 answer:
son4ous [18]2 years ago
8 0

The statement that is true of a sole proprietorship is that a) a business operated under a sole proprietorship cannot be transferred.

A proprietorship can legally have the handiest one, proprietor. This is due to the fact the commercial enterprise serves as a part of the enterprise proprietor's private identification and vice versa. If a proprietor wants to expand their business and take delivery of new companions and traders, they would restructure the employer and contain it.

Any individual who wants to start a commercial enterprise with less investment can choose this sort of commercial enterprise form. It is able to be started in a time span of 10-15 days. Additionally, the control within the business is solely for your arms.

The proprietorship has been described because the only enterprise form underneath which you'll be able to perform a commercial enterprise. It isn't a legal entity and definitely refers to a person who owns the commercial enterprise, individually responsible for its debt.

Learn more about proprietorship here brainly.com/question/12913114

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Tonya's company set up a booth at the college job fair to identify spring graduates who might be candidates for employment. This
Lerok [7]

Tonya's company set up a booth at the college job fair to identify spring graduates who might be candidates for employment. This is an example of recruiting.

  • Give candidates a chance to interact directly with the employer. Give a company the chance to evaluate the skills of a possible employee.
  • All businesses must generally decide on three aspects of hiring: personnel policy, sources of hiring, and the traits and conduct of the recruiter.
  • To assist your company in gaining a competitive edge through enhanced productivity, performance, and efficiency.

Employees' knowledge and abilities should be improved for their existing roles-

  • Professional education
  • Mentoring and coaching.
  • Cross-disciplinary instruction.
  • Creation of "soft skills"
  • Personal advancement

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4 0
2 years ago
Proton Corp. is an automobile manufacturer known for producing efficient, durable, and low-priced cars. Recently, the company la
deff fn [24]

Answer: Option (A)

Explanation:

Product Line stretching is referred to as an expanding technique undertaken by the organization under which the new commodities and services are released in the similar product line but further the ongoing product dimension with some of the different or additional features. The product line stretching at times can also tend to be down market or up market.

6 0
3 years ago
ompany paid $48,000 cash to purchase raw materials. The recognition of this event will: Multiple Choice not affect total assets,
Ganezh [65]

Answer:

The recognition of this event will:

not affect total assets, will decrease net income, and will decrease cash flow.

Explanation:

a) Data and Analysis:

Balance Sheet Effect:

Raw materials inventory (Assets) +$48,000

Cash (Assets) -$48,000

Net effect = $0

Income Statement Effect:

Purchase of raw materials (Cost of production) +$48,000

Net income will decrease by cost of $48,000

Statement of Cash Flows (Operating Activities)

Purchase of raw materials (Cash outflow) -$48,000

3 0
3 years ago
A company that reports segment information had average total assets of $1,530,450 and total net income of $602,700. Segment A ha
antoniya [11.8K]

Answer: 0.32 times

Explanation: Return on assets can be defined as the ratio under which companies are evaluated on the basis of total amount of assets investment. It is a ratio that evaluates the profitability of a company, it shows the ability of a company to generate revenue from the assets invested in it.

It can be computed as following :-

=\:\frac{NET\:INCOME}{AVERAGE\:TOTAL\:ASSETS}

=\:\frac{\$304,300}{\$931,800}

      = 0.32 times

6 0
3 years ago
It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A mea
NeTakaya

It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.

<h3>What is meant by the hits on a page?</h3>

This is the term that is used to refer the ways that the number of traffics that happens on a particular web page can be ascertained. The hit is the number of people that are known to visit the particular site that is in question.

Hence we would say that It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.

Read more on website traffic here:

brainly.com/question/14744708

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3 0
2 years ago
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