Answer:
The correct answer is (A)
Explanation:
Soft drink manufacturing industry faces a high threat of substitutes. Not many soft drink brand exit the market but many new companies and brand enter. Similarly, that is the reason why prices of soft drink do not fluctuate as compare to other food items. The competitive environment in the soft drink industry creates a high threat of substitutes.
Answer:
D) $25,000
Explanation:
Even though Dana and Larry are married, since they are filing separate tax returns, then all the income that Larry must declare are his $25,000 earned as rental income.
If they were filing together, then they would declare $70,000 as combined income (= $25,000 + $45,000).
Answer:
The corret answer is b. decrease assets and decrease liabilities.
Explanation:
First entry
Earnings Accrued (- Net Equity)
to various creditors (+ Liabilities)
Since the minutes of the assembly must indicate that they are taken from the profits of previous years, the accumulated profits are reduced.
Second entry
Miscellaneous creditors (- Liabilities)
to Banks (- Active)
The first entry represents transfer from one liability to another liability. Although we think that capital accounts are not liabilities, it is not true, given that the value of debt to shareholders of the value of your company, so we can group everything in the same bag.
When decreeing dividends, what is done is to cover a small part of that company value. That is, when dividends are decreed, they become part of a formalized liability.
The second entry is the cancellation of the liability, through one of the ways to extinguish the obligations: payment.
Answer:
2 years and 6 months
Explanation:
after 6months
$1,000 x 10% = $100
$1,000 + $100 = $1,100
after 1 year
$1,100 x 10% = $110
$1,100 + $110 = $1,210
after 1 year and 6 months
$1,210 x 10% = $121
$1,210 + $121 = $1,331
after 2 years
$1,331 x 10% = $133.10
$1,331 + $133.10 = $1,464.10
after 2 years and 6 months
$1,464.10 x 10% = $146.41
$1,464.10 + $146.41 = $1,610.51
A sole proprietor has unlimited personal liability for all business debts and obligations.
<h3>Who is a
sole proprietor?</h3>
A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.
A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.
To learn more about sole proprietorship , please check: brainly.com/question/1428023
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