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Lostsunrise [7]
4 years ago
10

PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!! I NEED HELP ASAP!!!!!!!

Business
1 answer:
irinina [24]4 years ago
6 0

The ability to easily raise financial capital.

Raising funds can be difficult in any business structure, but in a sole proprietorship you cannot rely on the funds of partners.

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Suppose that Cheryl's only assets are an automobile worth $10,000 and a checking account with a $5,000 balance. Her only liabili
melamori03 [73]

Answer:

Cheryl's net worth is;

c). $5,000

Explanation:

The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.

The following formula can be used to estimate Cheryl's net worth;

N=A-L

where;

N=net worth

A=assets

L=liabilities

In our case;

N=unknown to be determine

A=Automobile+checking account

Automobile=$10,000 and checking account=$5,000

A=10,000+5,000=$15,000

L=student loan+car loan

student loan=$2,000

car loan=$8,000

L=2,000+8,000=$10,000

replacing;

N=15,000-10,000=$5,000

Cheryl's net worth=$5,000

4 0
3 years ago
Suppose that in your first year of college you spend $21,800.00 more than you earn. In your second year, your expenses increase
lilavasa [31]

Answer:

$483,000.987

you are RICHHHHHHHHHH

Explanation:

8 0
3 years ago
What happens if you only make the minimum payment on your credit card statement? |
natali 33 [55]

Answer:

then your credit does not go into default

Explanation:

tell me if im right please if im not sorry

6 0
3 years ago
Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the les
Murljashka [212]

Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.

As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.

Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.

Learn more here:

brainly.com/question/7780461

4 0
3 years ago
The responsibility report of Alejandro Garcia, the manager of one of the divisions of an auto parts manufacturing company, inclu
Reil [10]

Answer:

B. investment center

Explanation:

Investment center is a business unit which contributes directly to the profitability of company using the capital the company provided.

Therefore, Alejandro is most likely the manager of a investment center.

3 0
3 years ago
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