1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ann [662]
3 years ago
15

Which one of the following statements concerning a sole proprietorship is correct? Group of answer choices The life of the firm

is limited to the life span of the owner. The owner can generally raise large sums of capital quite easily. The company must pay separate taxes from those paid by the owner. The ownership of the firm is easy to transfer to another individual. The legal costs to form a sole proprietorship are quite substantial.
Business
1 answer:
laiz [17]3 years ago
7 0

Answer:

The life of the firm is limited to the life span of the owner

Explanation:

A sole proprietorship is a type of person run by only one person.

Because the business is run by only one person, the business tends to end when the owner dies. most sole proprietorship lack continuity after the death of the owner

The owner can raise limited amount of capital

The owner and the business are viewed as one entity. So, they don't pay separate taxes.

You might be interested in
Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav
tigry1 [53]

Answer:

Current yield=5.6%

Explanation:

<em>The current yield is the proportion of the current price of a bond earned as annual  interest payment.</em>

<em>Current yield = annual interest payment/bond price</em>

<em>Annual interest payment = coupon rate × face value</em>

                                          = 5.44% × $2000

                                          = $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

6 0
4 years ago
Luxury Linens Inc. produces the highest thread-count sheets available anywhere and does so at a price that none of its competito
vfiekz [6]

Answer: Sustainable competitive advantage

Explanation:

  The sustainable competitive advantage is basically refers to the abilities attributes and the quality of an organization that are different from the others competitors as it basically favorable to the long term position in the market.

The main objective of the sustainable competitive advantages is that it providing an efficient advantages in this competitive environment. Product differentiation, low cost provider and the strategic asset are the main advantages.  

According to the given question, the luxury linens Inc. is basically producing the high thread count and it measuring the various types of advantages such as profit, effective products of an organization.

Therefore, Sustainable competitive advantage  is the correct answer.

7 0
3 years ago
Which of the following best describes what a manager does?
Bingel [31]

Answer:

D works for a company and produces resources to make a prpduct

7 0
3 years ago
Read 2 more answers
You manage a hotel resort located on the South Beach on the Island of Kauai in
GaryK [48]

Answer:

Classification of Projects

The projects are classified as shown below:

Strategy Project:

Strategy projects supports organizations long term mission. it helps in increasing market share and revenue. Among the given projects, the strategy projects are:

b. build a 4 mile nature hiking trail.

d. Launch a new promotional campaign with Hawaii Airlines.

e. Convert 12 adjacent acres into wildlife preserve.

g. Change hotel brochures to reflect Eco-tourism image.

i. Introduce wireless internet service in cafe and lounge areas.

Operational Projects:

These projects support current business operations. Among the given projects, the operational projects are:

c. Renovate horse bran.

Compliance Projects:

These are those must do projects to function under a particular category. Among the given projects, the compliance projects are:

a. Convert the pool heating system from electrical to solar power.

f. Update all bathrooms in condos that are 10 years old or older.

h. Test and revise disaster response plan.

Not all projects are easy to classify. There are always some things falling under more than one category. Categorizing projects will help us to prioritize the implementation of the same. Compliance projects should be done at any cost. The organization's view will be reflected in the strategy projects. Operational projects can be postponed if financial budget constraint exists but compliance cannot be postponed.

6 0
3 years ago
it is usually less expensive to rent an apartment than to purchase a similar sized home when chapter 15
Elan Coil [88]

It is usually less expensive to rent an apartment than to purchase similar sized home when the land in the area is overprized.

<h3>What is an apartment?</h3>

An apartment, also known as a flat, is a type of residential real estate that is a self-contained living space that is typically one story high and affixed to a building. These general buildings go by numerous names; a list is below. The housing tenure of flats also varies greatly, from large-scale public housing to owner occupancy within what is officially a condominium (strata title or commonhold) to tenants renting from a private landlord (see leasehold estate). The term "apartment" is more frequently used in professional real estate and architectural circles in the UK than in other contexts, where "flat" is more frequently—though not always—used to refer to an apartment with a single level (thus, a "flat" apartment).

To learn more about apartment, visit:

brainly.com/question/12461997

#SPJ4

7 0
1 year ago
Other questions:
  • All of the following are career myths that influence people’s perception of how important career explorations are for an individ
    5·1 answer
  • The percentage which is the sum of the discount rate, the effective tax rate and the recapture rate representing the relationshi
    11·1 answer
  • During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
    9·1 answer
  • Education is increasingly important for job seekers due primarily to which of the following factors?
    12·1 answer
  • Compared to an early president’s cabinet, the size and impact of a modern president’s cabinet has ______________.
    8·1 answer
  • You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of
    10·1 answer
  • What is plan procurements?
    6·1 answer
  • A decline in total real output for two or more consecutive quarters is referred to as
    13·1 answer
  • Suppose the population of country ABC rises from 40 million to 44 million. If the country's Real GDP rises from $825 billion to
    5·1 answer
  • An unfunded pension liability is reported on the balance sheet as a(n) a.current liability or a long-term liability, depending u
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!