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3 years ago

The vast majority of for-profit businesses in the United States operate as which of the following?

Business

1 answer:

kykrilka [37]3 years ago

5 0

Answer:

a. Sole proprietorships

Explanation:

Sole proprietorships are the most common for-profit business type in the United States.

A sole proprietorship is a business entity that has only one owner, and for which, no accounting and legal distinction exist between the business entity and the owner.

This means that the business entity and the owner are taxed under the same terms, and that the owner has unlimited responsability for the sole proprietorship business. For example, in case of bankruptcy, the owner may have to respond to creditors with his own personal wealth.

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A $22 credit to sales was posted as a $220 credit by what amount is the sales account in error

Elodia [21]

I think i read the question right. I think they would be out $198

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3 years ago

Read 2 more answers

After identifying various market segments that her company could pursue, Linda evaluated each segment's attractiveness based on

sashaice [31]

Answer:

Market Targeting

Explanation:

This is a process of identifying different segments of a market's attractiveness and identifying a particular one to enter.

It guides towards making the best decision at market selection stage ,that will be of a great value to the organization..

The two basic stages involved are evaluating the market and selecting market target segments and targeting strategy.

Size and growth , attractiveness ,income , accessibility and availability of resources are factors to be considered during the process

8 0

3 years ago

In calculating earnings per share, companies deduct preferred dividends from net income if:

Savatey [412]

Answer: Option B

Explanation: Earnings per share is calculated by dividing net income available to common shareholders with the weighted average number of shares.

Deduction of preferred dividends from net income is done only when dividends are declared by the entity, otherwise not. Preference shareholders have priority over common shareholders in case of dividends, so it will result in reduction of earnings to common shareholders but only when the dividends are declared and distributed.

7 0

3 years ago

Type an I beside the items that are used for state income and an E for those that are state expenses.

Anastaziya [24]

Answer:

e, e ,i, i, i, e is the order from top to bottom

3 0

3 years ago

Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South

Svet_ta [14]

Answer:

1. Quuen Land Division

Margin 6.50%

ROI 11.70%

New South Wale Division Margin

Margin 3.50%

ROI 15.75%

2. New South wale Division

Explanation:

1. Computation for each division's margin, turnover, and return on investment (ROI)

QUUEN LAND DIVISION MARGIN

Using this formula

Margin =Net operating income/Total Sales

Let plug in the formula

Margin =$70,200/ $ 1,080,000

Margin=6.50%

QUUEN LAND DIVISION ROI

First step is to determine the Turnover using this formula

Turnover=Total sales/Average Asset

Let plug in the formula

Turnover= $ 1,080,000 /$600,000

Turnover =1.8 times

Now let determine the ROI using this formula

ROI =Margin * Turnover

Let plug in the formula

ROI=6.50%*1.8

ROI=11.70%

NEW SOUTH WALE DIVISION MARGIN

Margin =$ 83,475 / $ 2,385,000

Margin=3.5%

NEW SOUTH WALE DIVISION ROI

First step is to determine the Turnover using this formula

Turnover=Total sales/Average Asset

Let plug in the formula

Turnover= $ 2,385,000 /$530,000

Turnover =4.5 times

Now let determine the ROI using this formula

ROI =Margin * Turnover

Let plug in the formula

ROI=3.5%*4.5

RO1=15.75%

2. Based on the above calculation the divisional manager that seems to be doing the better job

Is NEW SOUTH WALE DIVISION because the ROI is greater.

3 0

3 years ago