Answer:
E) A sole proprietor is not personally liable for the obligations of the business.
Explanation:
Sole proprietorship is a kind of business owned by one man. Characteristics of a sole proprietorship includes;
- A sole proprietorship requires few legal formalities.
- A sole proprietor has complete control of the management of the business.
- The sole proprietor keeps all the profits from the business.
- Profits are taxed as the personal income of the sole proprietor.
It is the oldest and simplest form of business.
The answer is a sole proprietor is not personally liable for the obligations of the business.
Answer:
the value of the manufacturing resources not used is $252,000
Explanation:
The computation of the value of the manufacturing resources not used is shown below
= (practical capacity - number of units produced) × budgeted cost per unit of supplying capacity
= (10,000 units - 4,000 units) × $42
= 6,000 units × $42
= $252,000
Hence, the value of the manufacturing resources not used is $252,000
Answer:
l think the liberalized economy can use the natural resources to produce finished goods that help people in DRC get money through selling the finished goods that enables them get enough money to fulfill their rights like education, shelter and many more
Answer: Using technology
Explanation: The backstreet books is using technology to say aware of the needs of customers and make their business operations more fast.
In the given case, the company is using the scanner so that they can keep records of inventory and sales they made. They are using the technological advancement in their business operations for running the activities more efficiently.
The use of scanner for inventory and best selling book records will help the company to keep up with the demand of customers and also helps in future planning.
