Answer:
$16,500
Explanation:
Depreciation is a method used in expensing the cost of an asset.
sum-of-the years'-digits method = (useful life remaining / sum of years) x (cost of asset - residual value)
sum of the years = 1 + 2 + 3 + 4 = 10
(3 / 10) x ($60,000 - $5,000) = $16,500
Answer:
D. Sole proprietorships are taxed at the owner's personal tax rate
Explanation:
Sole Proprietorship can be defined as a simplest form of owning and starting any business. As the term suggests, this business is onwed by an individual only or shared by married couples.
Sole properietorship is easy to set up because the owner need not to register itself to state government, therefore, because of absence of governmental involvement, it is easy to set up or deconstruct sole proprietorship.
<u>From the given options, the statement which is most accurate about a sole proprietorship is option D. The owner of sole proprietorship pays personal taxes on the profits earned by his/her business.</u>
Therefore, option D is correct.
Answer:
It sacrifice short-term losses for long-term benefit.
Explanation:
As a result of you making a good business decision it allows you to absorb the short term losses in getting a better long time benefit that will last for decades of profit maximization that will cover times ten of your short term losses.
D. Manage the technological areas pf the company
Answer:
Contribute to the firm's strategic position as either low-cost leader or differentiator.
Explanation:
To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the firm's strategic position as either low-cost leader or differentiator. In order to achieve a sustainable competitive advantage, a firm must either perform its activities in a different way or it should perform totally different activities as compared to their competitors. This is the basic essence and logic behind getting a sustainable competitive advantage. In order to do it, a firm must perform each activity which should contribute to the firm's position in making it either a cost effective producer of the products or making entirely different products. In this way, by either becoming cost-effective leader or differentiator in the market, a firm must gain very strong strategic position in gaining sustainable competitive advantage which will be very hard for the competitors to compete with.
