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earnstyle [38]
2 years ago
12

Ronald is the sole owner of a fast food store. Over the past six months, his sales have fallen and the store has been running at

a loss as a result of a popular fast food chain outlet opening in the area. Friends and relatives who lent Ronald money to open the store want him to sell his personal property in order to repay those loans. What ownership category of business is Ronald in?
1) limited partnership
3)corporation
4)proprietorship
5) cooperative organization
Business
2 answers:
posledela2 years ago
6 0

Answer: 4) proprietorship

Explanation:

A sole proprietorship business is a type of business established and run by one person. Furthermore, it is a form of business in which the owner bears the risk, debt, losses and profit all by himself and also takes the decision that affect the day today running activities of the business. Thus, the owner of the business is known as a sole trader or sole proprietor.

Bumek [7]2 years ago
4 0

Answer:

proprietorship

Explanation:

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Answer:

c. liquidity ratio

Explanation:

Liquidity means having cash or access to cash readily available to meet obligations to make  payments.

For the purpose of ratio analysis, liquidity is measured on the assumption that the only sources of

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Cash in hand or in the bank, plus

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It is also assumed that the only immediate payment obligations faced by the entity are its current  liabilities.

There are two ratios for measuring liquidity:

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Based on the above discussion, the answer is c. liquidity ratio

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the relationship between the factors of production used by a firm and the maximum output possible is called the
elena-14-01-66 [18.8K]

In economics, a factor of production, resource, or input is what is used in a production process to produce products, i.e. goods or services.

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Why South Africa as a country has a shortage skilled workers​
kirza4 [7]

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The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.

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The CAPM is built on historic conditions, although in most cases we use expected future data in applying it. Because betas used
dimaraw [331]

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False

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