Answer:
V. Sell any assets Maria personally owns and apply the proceeds to the store’s debt
Explanation:
A sole proprietorship refers to a business venture owned and managed by a single person. The owner makes all the key decisions regarding the business. He or she enjoys all the profits by himself but also suffers all the losses alone.
Legally, a sole proprietor and the business are treated as one entity. The law does not distinguish between the assets and liabilities of the business, with those of its owner. A sole proprietor does not enjoy the benefits of limited liability. Should Maria's business fail it repaying its obligations, her properties may be used in settling the debts.
Answer:
The correct answer is (C)
Explanation:
Top-down budgeting is a planning strategy wherein senior administration builds up a significant level spending plan for the organisation. When the top-level numbers are made, amount is distributed to the departments such as marketing , finance, HR and according to the tasks and operations and it is compulsory to make budgeting notes .
Answer:
b. An IPO
Explanation:
The primary market transaction is the market where securities are created. An IPO which means initial public offer is an example of a primary market transaction.
The secondary market which is also known as the stock market is where securities that have been created are allowed to change ownership through sales and purchases.
All other options given (apart from IPO) are secondary market transactions.
Answer:
The operating cash flow in this transaction is zero
Explanation:
Please see attachment.
