1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Musya8 [376]
3 years ago
7

Which of the following is NOT a BENEFIT of having a sole proprietorship

Business
1 answer:
Zigmanuir [339]3 years ago
4 0
One thing that is not a benefit is a corporate veil shields the owner from the losses. 
You might be interested in
The following transactions were completed by the company a. The owner invested $19,000 cash in the company in exchange for its c
satela [25.4K]

Answer:

                      ASSETS                               = LIABILITIES     +  EQUITY  

<u>cash</u>        <u>supplies</u>       <u>equip.</u>        <u>land</u>     =  <u>acc. payable common stock</u>

19,000                                                                                       19,000

-1,500     1,500

                                    12,000                                                  12,000

               400                                                400

<u>-11,000                                           11,000                                                      </u>    

6,500      1,900           12,000       11,000  = 400                     31,000

Explanation:

Dr cash 19,000

    Cr common stock 19,000

Dr supplies 1,500

    Cr cash 1,500

Dr equipment 12,000

    Cr common stock 12,000

Dr supplies 400

    Cr accounts payable 400

Dr land 11,000

    Cr cash 11,000

4 0
3 years ago
All of the following are examples of a commodity except
elena55 [62]
The correct answer to this is B) a designer handbag. This is not a commodity. A commodity is anything that is considered a raw material.
3 0
3 years ago
Read 2 more answers
On January 1, 2013, Warfield Co. purchased a $600,000 machine, with a five-year useful life and no salvage value. The machine wa
natulia [17]

Answer:

$0

Explanation:

In the case when the depreciation method is changed so it should be treated propectively. The past year depreciation amount remains the same. So the starting year of change having no difference should be produced but the beginning to the closing year of change the deferred tax liability should be recorded the difference occured in the future that lies between the book and tax depreciation

So, it should be zero

4 0
3 years ago
Applications of can help marketers determine which television shows current and potential customers watch,
joja [24]
I’m guessing the answer is D
5 0
2 years ago
A recent memo from the Marketing Department stated that sales will go up next month because a new advertising campaign is being
statuscvo [17]

Answer:

B) The increased title sales will offset advertising costs.

Explanation:

I solved this using an elimination process, since we can infer:

  • that customer demand should increase due to the new advertising campaign.
  • the sales of the new title should help increase the total sales volume.
  • since the advertising campaign is about the new title, it sales should be affected by it.
  • hopefully a lot of customers that listen or watch the advertising campaign will buy the new title.

The only thing that we are not given any information about is the cost of the advertising campaign, so there is no way we can tell if the increased sales will offset the costs.

7 0
3 years ago
Other questions:
  • Kathleen, a manager, is attempting to determine whether she has both the capability and the resources to produce one of several
    11·1 answer
  • Eastern Edison Company leased equipment from Hi-Tech Leasing on January 1, 2018.
    8·1 answer
  • A producer of electronic parts wants to take account of both production rate and demand rate in deciding on its lot sizes. A par
    12·1 answer
  • During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the
    12·1 answer
  • If the government quit subsidizing a product, consumer surplus would _____ and producer surplus would _____.
    6·1 answer
  • Closing entries:
    5·2 answers
  • Question 4<br>Write a short essay about Controlling Inventory".​
    13·1 answer
  • Which leadership style best describes this Spider-Man? Why?
    5·1 answer
  • A liquor warehouse expects to sell 10,000 bottles of scotch whiskey in a year. Each bottle costs $13, plus a fixed charge of $96
    8·1 answer
  • Newspapers in the nation of Hasalot report a significant increase in money supply during the past few months. This information i
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!