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Airida [17]
2 years ago
7

Christian wants to start a business. He is attracted to the idea of being his own boss, Christian wants to start a new business.

He is confident in his abilities, and knows his potential market is strong, so he is not particularly worried about the financial risks. All of these factors suggest that Christian may favor starting his business as a sole proprietorship.True / False.
Business
1 answer:
Katarina [22]2 years ago
4 0

Answer:

Sole proprietorship

Explanation:

A sole proprietorship is an enterprise owned and managed by one person. The owner makes all the important business decisions. He or she may hire workers to assist him in running the daily operations of the business. A sole proprietor enjoys all profit from themselves but also suffers the losses.

This type is business is popular due to the ease in which is can be established.  Christian is most likely to start a sole proprietorship. He will become the boss of his business. Because Christian is sure of his finances, he will overcome the biggest disadvantage of a sole proprietorship, which is unlimited liability.  Christian will be making all critical decisions that allow him to apply his potential and knowledge of the markets.

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Poodle Corporation was organized on January 3, 2018. The firm was authorized to issue 98,000 shares of $5 par common stock. Duri
DiKsa [7]

Answer:

$383,900

Explanation:

Calculation for the total Paid-in capital at the end of 2018

Total Paid-in capital=(39,000 shares of common stock *$5.80per share)+(19,000 shares of common stock * $8.30 per share)

Total Paid-in capital=$226,200+$157,700

Total Paid-in capital=$383,900

Therefore the total Paid-in capital at the end of 2018 is $383,900

4 0
2 years ago
XYZ Equipment, a firm that produces manufacturing equipment for various industries, experiences an influx of new sales employees
Ket [755]

Answer:

As part of the process, the HR department's first step should be to identify which sales representatives need technical training. In the instructional design process, the first and perhaps the most important step is to analyze the requirements. In this case, XYZ equipment firm is facing an issue of poor employees performance after an influx of new sales employees. To solve the issue, HR department has implemented a training program, so the first step of the process would be to identify the sales employees who are in need of technical training and are performing poorly. Because not all sales employees would require the technical training only those who are performing poorly.

6 0
3 years ago
Sarasota Company sells on credits goods that cost $310,000 to Ricard Company for $409,500 on January 2, 2020. The sales price in
swat32

Answer and Explanation:

The journal entries are shown below:

Account Receivable $409,500

           To Sales Revenue $367,000

           To Unearned Service Revenue $42,500

(Being account receivable is recorded)

Cost of Goods Sold $310,000

           To Merchandised Inventory $310,000

(Being cost of goods sold is recorded)  

These two journal entries are to be recorded

7 0
3 years ago
How do you get on the leaderboard, I have 892, and I don't see myself?
jok3333 [9.3K]

Answer: same i have 1,324 points and 25 brainliest and havent seen myself on their once

Explanation:

5 0
2 years ago
The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical
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ANSWER: 
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3 years ago
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