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pishuonlain [190]
3 years ago
9

Do you know, and can you describe, the three principal ways a for-profit business might legally organize?

Business
1 answer:
Lostsunrise [7]3 years ago
4 0

Answer:

1. Sole Proprietorship

2. Limited Liability Company (LLC)

3. Corporation

Explanation:

1. Sole Proprietorship - This is also called a one-man business. It could be your small neighbourhood store and so on. It is usually owned and run by the same person. The owner has unlimited liability and thus can lose his/her personal properties where the business is in debt.

2. Limited Liability Company (LLC) - these are private limited liability companies, and as name implies, the liability of its members is limited to the amount they contribute to the business. The Company is a legal entity and can own, buy and sell properties in its name

3. Corporation - This is a public company, its share is quoted on the stock exchange and can be freely traded. The ownership (shareholders) of the public corporation is different from those who run them (management). The Company is a legal entity and can own, buy and sell properties in its name

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Ad libitum [116K]

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

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= 36-24

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3 0
3 years ago
When a company sells multiple products, an increase in total sales always results in an increase in total profits.
nevsk [136]

Hindsight is a wonderful thing in any business, or in life in general. We could make the best business decisions and maximise earnings if we had access to a crystal ball that could tell us exactly how many people would buy our goods.

<h3>What Is Cost-Volume-Profit (CVP) Analysis?</h3>

An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.

Companies can utilise CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).

CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.

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5 0
2 years ago
A(n) ________ bank is an institution, such as Credit Suisse First Boston, that acts as an underwriter or agent for a firm engage
Orlov [11]

Answer:

Public bank

Explanation:

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8 0
3 years ago
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tiny-mole [99]
If its true or false question then true i think.
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3 years ago
Steven lives in a big city where there is a shortage of parking. He has a parking spot in his driveway where he parks his car. W
DENIUS [597]

Answer:

The correct answer is option C.

Explanation:

The opportunity cost of any economic decision is the cost of giving up its alternative. We are aware that we have limited resources with alternative uses and we have to use these resources to satisfy alternative needs and wants. In order to increase spending resources on one thing, we need to decrease spending on its alternative.  

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3 years ago
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