Sole proprietorships produce more goods and services than does any other form of business organization.

1 answer:

5 0

False. Sole proprietorships produce more goods and services than does any other form of business organization. Although there are more sole proprietorships in the U.S. than there are corporations, corporations produce more goods and services than other forms of business. Corporations have a bigger advantage because they usually employ more people, have a large amount of production options and have more financial ability.

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IgorC [24]

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saveliy_v [14]

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2 years ago

Broussard Skateboard's sales are expected to increase by 20% from $7.6 million in 2016 to $9.12 million in 2017. Its assets tota

Ratling [72]

Answer:

$510,560

Explanation:

AFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

A = assets = $4,000,000
S = sales = $7,600,000
L = liabilities that vary according to sales level = $450,000 + $450,000 = $900,000
Δ Sales = change in sales = $9,120,000 - $7,600,000 = $1,520,000
PM = profit margin = 4%
FS = forecasted sales = $9,120,000
d = payout ratio = 70%

AFN = ($4,000,000/$7,600,000) x ($1,520,000) - ($900,000/$7,600,000) x ($1,520,000) - (4% x $9,120,000 x (1 - 70%)) = $800,000 - $180,000 - $109,440 = $510,560

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Basile [38]

Answer:

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