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Sladkaya [172]
3 years ago
11

Fred is starting a software writing company. He is the owner and has only three employees. He wants a simple, inexpensive form o

f ownership that leaves him in control and that he can quickly dissolve if he decides to change to another business. His best choice of ownership would be ________.
Business
1 answer:
luda_lava [24]3 years ago
5 0

Answer:

<u>Sole proprietorship.</u>

Explanation:

The best property choice for Fred's business would be <em>a sole proprietorship.</em>

This corresponds to a popular commercial form due to the simplicity of business operations, ease of implementation and relatively low cost.

In the sole proprietorship, a single owner will be able to register the name of his business (which can be the name of the owner or a fictitious name) and obtain the necessary licenses for the start of operations. It is an easy way to start a new business without the greatest risks found in some type of business partnership, since in exclusive ownership, the business responsibilities are solely of the owner, including gains and losses.

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Each currency has a changing value relative to other countries. This is referred to as the country’s blank
alex41 [277]

Each currency has a changing value relative to other currencies. This is referred to as a<u> "currency's exchange rate."</u>


An exchange rate is the rate at which one currency will be exchanged for another, it is additionally viewed as the estimation of one nation's cash in connection to another currency.  

Exchange rates are resolved in the foreign exchange market, which is available to an extensive variety of various sorts of purchasers and venders, and where money exchanging is ceaseless: 24 hours daily aside from ends of the week.

3 0
2 years ago
An analysis in which all the components of an income statement are expressed as a percentage of net sales is called blank_______
KATRIN_1 [288]

Answer:

Common Size Income Statement

Explanation:

In a common size income statement, each line item of the Income statement is expressed as a percentage of the sales amount for that period.

This helps in comparing performance of companies in different sectors or industries.

7 0
3 years ago
Katherine Potter knew a good thing when she saw it. At least, it seemed so at first. She was traveling in Italy when she spotted
lilavasa [31]
  • Katherine had to rush to the bank every few months to borrow more money. She didn't really talk to her banker about her financial situation because she had no trouble getting larger loans. You see, she was always on time with her payments. Katherine always took trade discounts to save money on her purchases. That is, she paid all of her bills within 10 days in order to save the 2% discount offered by her suppliers for paying so quickly.
  • Katherine's products were mostly purchased on credit. They'd buy a few lamps and a pot, and Katherine would let them pay overtime. Some were extremely slow to pay her, taking six months or more.
  • Katherine noticed a small drop in her business after three years. The local economy was struggling, and many people were losing their jobs. Nonetheless, Katherine's business remained steady. Katherine received a phone call from the bank one day, informing her that she was behind on her payments. She explained that she had been so preoccupied that she had missed the bills. The issue was that Katherine did not have enough money to pay the bank. She frantically called several customers for payment, but none of them could pay her. Katherine had a classic cash flow problem.
<h3>How is it possible to have high sales and high profits and run out of cash while running a business?</h3>

It is entirely possible if you have a high level of accounts receivables and inventory and a low level of accounts payables. A sale is recorded when an invoice is raised, and a shipment is delivered; this does not always imply that you received cash and that it is recorded in your accounts receivable. Similarly, if you keep a lot of inventory, a lot of your money is locked up until the inventory is sold. On the contrary, if your payment terms with your suppliers are less favorable, you will end up paying before your receivables convert to cash. As a result, high sales and profits do not always imply a strong cash position.

Learn more about profit:

brainly.com/question/13050157

#SPJ4

4 0
1 year ago
7 reasons why marketing must be studied.
Grace [21]
<h2>Answer:</h2>

<h3>1. A Better Understanding of the Target Market</h3>

<h3>2. Understand the Customer.</h3>

<h3>3. Salary Potential</h3><h3 /><h3>4. Experience the Global Marketplace Firsthand.</h3>

<h3>5. Enhance the Omnichannel Experience.</h3>

<h3>6. Go Behind the Perceptions.</h3>

<h3>7. Marketeers will always be in demand</h3>

<em>hope</em><em> </em><em>this</em><em> </em><em>help</em><em>!</em>

7 0
3 years ago
Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash fl
Finger [1]

Answer:

The best option is Option A.

Explanation:

3 0
3 years ago
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