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2 years ago

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

Business

1 answer:

OLEGan [10]2 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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A kilobyte (kb) is equal to ____ bytes, but is usually thought of as approximately 1,000 bytes.

hoa [83]

The answer is 1 KB is equal to 1024 Bytes

6 0

2 years ago

Luis has $170,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis

serious [3.7K]

Answer:

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

Explanation:

Acording to the data Luis has $170,000 in his retirement account

His current account after 30 years at 4.5% compounded quarterly will be

Current account = $ 170,000(1 + (0.045/4))^(4*30)

Current account = $ 650,838.260724

Acording to the data Luis also plans to put $2000/quarter into the new account until his retirement 30 years from now.

The future value (FV) of the account will be

FV = 2000[(1 + (0.045/4))^(4*30) -1] / (0.045/4) 0.01125

FV = $ 502,837.3968

Therefore, to calculate how much will Luis have in his account at the time of his retirement we have to calculate the following:

Total amount = Current account+FV

Total amount = $ 650,838.260724 + $ 502,837.3968

Total amount = $ 1,153,675.657524

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

4 0

3 years ago

Bill Blackburn is the new mayor of Oceanside, Washington. He discovered that the city-run utility requires a deposit of $50 from

Serjik [45]

Answer:

<em>Theory of justice </em>

Explanation:

A Justice Theory is a 1971 work of John Rawls ' political philosophy and ethics, whereby the writer addresses the problem of distributive justice.

The principle uses a revised sort of Kantian philosophy and a variant form of conventional theory of social contracts.

7 0

3 years ago

Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product.

NISA [10]

Answer:

D) Product safety Engineer

Explanation:

8 0

2 years ago

If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of

Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

5 0

2 years ago