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
slavikrds [6]
3 years ago
12

Maurice has been operating his business as a sole proprietorship but decides that it is too much work for him to do alone. He do

es not want to file a lot of government forms, but would like to bring in someone to own and operate it with him. Maurice needs a ________.
Business
1 answer:
olganol [36]3 years ago
4 0

Answer:

partnership.

Explanation:

The main advantages of a partnership are:

  • it is very easy and simple to form
  • it is not taxed directly, it passes through taxes to its owners (similar to a sloe proprietorship)
  • more partners mean more capital and more talent

Its main disadvantage is the same main disadvantage of a sole proprietorship, unlimited liability, i.e. partners are responsible for all the debts and obligations of the partnership.

You might be interested in
LO 6.3What is the proper order of tasks in an ABC system?
Y_Kistochka [10]

Answer:

Please see the naswer below

Explanation:

Activity-based costing ABC is a method for assigning costs to products, services projects, tasks, or acquisitions, based on the Activities that go into them  and the Resources consumed by these activities. Following is the proper order of tasks in an ABC system

1. Identify the primary activities and estimate a total cost pool for each.

2.Select an allocation base for each activity.

3.Calculate an activity cost allocation rate for each activity.

4. Allocate the costs to the cost object using the activity cost allocation rates.

7 0
3 years ago
Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. T
r-ruslan [8.4K]

Answer:

$100,340

Explanation:

<em>The amount of cost recorded in the asset account would be:</em>

List price                                    $93,000

Less: Discount ($93,000*2%)   $1,860

Add: Freight                               $3,800

Add: Installation&Testing          <u>$5,400 </u>

Cost of the machine                 <u>$100,340</u>

Note: Insurance cost is not included in the cost of the machine

6 0
3 years ago
What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus?
dimaraw [331]

What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus   shift to the right

Supply curve shift:

Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price.

A supply curve shows how quantity supplied will change as the price rises and falls, assuming ceteris paribus—no other economically relevant factors are changing. If other factors relevant to supply do change, then the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.

The ceteris paribus assumption :

A demand curve or a supply curve is a relationship between two, and only two, variables: quantity on the horizontal axis and price on the vertical axis. The assumption behind a demand curve or a supply curve is that no relevant economic factors, other than the product’s price, are changing.

Learn more about supply curve :

brainly.com/question/11717727

#SPJ4

3 0
2 years ago
A case comes before a Wisconsin state trial court on the subject of free speech on the Internet. It is a case of first impressio
sp2606 [1]

Answer:

The correct answer would be option B, Judge's own personal feelings about the internet.

Explanation:

When a case comes to a court, it is the responsibility of a judge to see every aspect of the case and analyze it on the basis of given evidence or set rules or standards, or in the light of decisions made on the same case by other courts. But in this question, it is said that the case which was brought to the court was the first in its kind, it means no such type of case has been ever submitted in any court before. The freedom of speech on internet is a sensitive issue. So all aspects should be kept in mind while proceeding the case, and it would not be considered proper for the judge to bring his person feelings about the internet into the case. His personal feelings should be set aside and the case should be solved on the basis of evidences and solid views.

3 0
3 years ago
Why is a high level of subsistence agriculture a characteristic of less developed countries?
slava [35]
<span>The answer is C. It means that more people are unemployed or underemployed. Subsistence Agriculture means that the farmers only grow enough food to feed their families. They don't grow extra food to sell. This is a sign of a less developed country, because the family members are using their time and resources to care for themselves and are not working outside of the home. Therefore they will be unemployed or underemployed.</span>
5 0
3 years ago
Read 2 more answers
Other questions:
  • When banks borrow and lend reserves in the federal funds market,
    13·1 answer
  • Suppose your elasticity of demand for your parking lot spaces is –2, and price is $8 per day. if your mc is zero, and your capac
    8·1 answer
  • The Candle Shop experienced the following events during its first year of operations, Year1
    14·1 answer
  • Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. What arguments suppo
    15·1 answer
  • Economic leverage occurs when a business uses it economic power to:
    11·1 answer
  • Noland Company manufactures two models of its banjo, the Basic and the Luxury. The Basic model requires 10000 direct labor hours
    13·1 answer
  • Yan Yan Corp. has a $10,000 par value bond outstanding with a coupon rate of 4.8 percent paid semiannually and 22 years to matur
    8·1 answer
  • Proctor and Gamble is the master of forming and re-forming teams for new product launches. The teams pull expertise from various
    7·2 answers
  • "The US government decides to lower military expenditures to reduce the budget deficit.What effect would you expect this shock t
    10·1 answer
  • Net present value ____________________. Group of answer choices compares project cost to the present value of the project benefi
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!