Roy is a sole trader if he is not setting up a company instead starts a business.
<h3>What is a Business?</h3>
A business is the process of selling goods or services and earning revenue and profits through it, the business generates revenue which is deducted by the expenses incurred by the business. The business ensures the strategy to have a balance between these expenses and revenue so that there is some residue profit.
The sole trader is the business where the owner of the business is highly involved in day to day running of the business taking all the strategic decisions and responsible for all the debts of the business.
On the other hand a limited liability company is a business in which the owner of the company can be involved in day to day running of the operations but is not liable personally for the debts.
Learn more about Trader at brainly.com/question/27235892
#SPJ1
Answer:
-21%
Explanation:
Initial share price = $50
Share price after 1 year = $46
net return = (200 x $46) - $10,000 - ($5,000 x 5%) = $9,200 - $10,000 - $250 = -$1,050
rate of return of margined position = -$1,050 / $5,000 = -0.21 = -21%
when you operate on the margin, your earnings can increase or decrease dramatically. In this case, an 8% price decrease resulted in a 215 lose.
Answer:
who can immediately take over the family business.
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
For a student who chooses to go to college, his opportunity cost is the opportunity of running the family business he forgoed when he decided to go to college.
I hope my answer helps you
Answer: You decide to go to college probably because<em><u>"You value a year of college at more than $56,000"</u></em>
<em><u>Opportunity costs are the benefits an respective individual, leaves while determining to pick one alternative over another. </u></em>
So, you will attend college if you perceive value of attending college more than ($22,000 + $34,000)= $56,000
Answer:
Which of the following statements is CORRECT?
a. Operating income is derived from the firm's regular core business. Operating income is calculated as Revenues less Operating costs. Operating costs do not include interest or taxes.
Explanation:
Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).
