Answer:
<u>e. owners of sole proprietorships can lose all their personal assets if the business is sued or fails.</u>
Explanation:
<em>Remember</em>, in a sole proprietorship form of business ownership, the owner's personal assets are not usually separated from the business since the business isn't viewed as a separate legal entity.
Hence, in a case where the business incurs liability or sued/fails, <u>the owner's personal assets can be targeted in the lawsuit and may lead to loss of </u><u>all their personal assets.</u>
Answer:
$1.15 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = Net income ÷ common stock outstanding shares
where,
Net income is
= EBIT - interest expense - taxes
= $707,000 - $58,000 - $224,000
= $425,000
And, the common stock outstanding shares is 370,000
So, the earning per share
= $425,000 ÷ 370,000 shares
= $1.15 per share
Answer:
C. They tend to produce thing with the same characteristics. Examples would include diamonds and oil.
Explanation:
A cartel is an organization established with a formal agreement between a group of producers of a good or service to regulate supply in order to regulate or manipulate prices.
In another parlance, a cartel is a collection of independent businesses or countries that act together as a single producer and thus fix prices for the goods they produce and the services they render, without competition.
An example of a cartel is The Organization of Petroleum Exporting Countries (OPEC). OPEC is the world's largest cartel. It is a group of 14 oil-producing countries whose purpose is to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets.
Answer:
Variable costs
Explanation:
Variable costs is the term that describes business costs that vary with the production level. An increase in output increases the variable costs. Variable costs are progressive and increase or decrease with the production volume.
Examples of variable costs include raw material and distribution costs. Variable costs contrast with fixed costs, which remain constant throughout a financial period.
Answer: Strength.
Explanation:
SWOT analysis of a company is a study into the strength, weakness, opportunities and threats facing that company. At Patty's Diner, the friendly service is an area of strength which the restaurant uses to attract buyers to their shop. Hence Patty's Diner has to maintain the friendly service they render.
