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3 years ago

If a sole proprietorship fails, the owner of the business will _______

Business

1 answer:

OLEGan [10]3 years ago

7 0

Answer:

If a sole proprietorship fails, the owner of the business will pay all business debts.

Explanation:

A sole proprietorship can be described as a business that is established by a single person and he/she solely is the owner of that business set up. All the profits earned by the company would be received by the sole trader. Likewise, the sole trader would be the person to pay all taxes for the company.

In case the sole proprietorship fails, the sole trader would be the only person who would have to pay all the debts.

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interview any business owner on how he/she ensures that the following elements of Total Quality Management (TQM)positively impac

SOVA2 [1]

Hey there

Total Quality Management (TQM) is a comprehensive and structured approach to an organizational management.

Total Quality Management refers to systems that focus on quality. Make the quality more better and less cheaper. The better the quality of the item, the better they will make a profit.

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3 years ago

NewDigger Inc. makes backhoes for digging ditches and trenches. It has developed an environmental-friendly liquid that, when pou

Vinvika [58]

Answer: breakthrough

Explanation: In simple words, breakthrough project refers to a project which results or has a potential to result as a sudden and huge development for the organisation.

In the given case, the new chemical product by the organisation is a new invention and can ease the job of the field workers.

Hence it can prove as a breakthrough for new digger.

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3 years ago

Authors d. p. rosenbaum and g. ganson concluded that the d.a.r.e. program _________.

Pani-rosa [81]

Drug Abuse Resistance Education (D.A.R.E.) is a police officer-led arrangement of classroom exercises that shows kids (normally in rudimentary or center school) how to remain tranquilize free and oppose peer weight.

According to Rosenbaum and Hanson (1998), D.A.R.E has no critical in general effect on utilizing cigarettes or liquor

They concluded that, Given the tremendous uses in time and cash required with D.A.R.E., no doubt proceeded with endeavors should center around different systems and projects that may deliver more significant impacts.

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3 years ago

Exercise 5-15B Record notes receivable and interest revenue (LO5-7) On March 1, Company A provides legal services to Company B r

Alex787 [66]

Answer:

March 1: Note acceptance

Debit Note receivable $9,100

Credit Accounts receivable $9,100

(To record note receivable from Company B)

Sept 1: Cash collection

Debit Cash $9,100

Credit Note receivable $9,100

(To record cash collection of note receivable)

Debit Cash $364

Credit Interest receivable $364

(To record cash collection of interest receivable on note)

Explanation:

Note is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the note is calculated as: Principal x Interest Rate x Time

The total interest revenue is $9,100 x 8%/12 x 6 months = $364.

Monthly interest revenue is therefore $364 / 6 months = $60.67.

The 6 months is from March 1 to Sept. 1.

On a monthly basis, Company A would accrue for the interest revenue as follows:

Debit Interest receivable $60.67

Credit Interest revenue $60.67

(Interest accrual on notes receivable)

6 0

3 years ago

A kind of annuity that consists of cash flows of equal amounts occurring at regular intervals and that continues indefinitely is

lozanna [386]

Payment is a type of annuity that comprises of equal financial flows that happen at regular periods and last forever.

Describe an annuity.

The goal of nationwide annuities is to increase your retirement income. They are long-term agreements with an insurance provider where you put money. You receive income in the form of recurring payments as compensation for your investment.

many annuity types

There are several different annuity product categories to pick from. Your financial professional can design a strategy to fit your unique objectives, whether you're searching for income possibilities, tools for legacy planning, or spousal protection.

to know more about annuity

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4 0

2 years ago