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Ainat [17]
3 years ago
7

Proprietorships are by far the most common type of business, yet they account for a very small percentage of all sales compared

to corporations. Why is this?
Help please >.< Thanks ^^
Business
1 answer:
DerKrebs [107]3 years ago
4 0

Answer:

Mostly because of the <u>scope and influence of big corporations</u>. Although it is easy to start a proprietorship, it is known that revenue will always be limited for that kind of enterprise.

A proprietorship is synonymous with a single person running the company. Usually, small grocery shops, studios, mom-and-pop stores are examples of proprietorship. They will never account for revenue that is even similar to that of a well-known corporation.

Why? Corporations have an advantage over numerous factors:

- bigger<em> budget</em> for investments and various improvements

- <em>omnipresence</em> - Usually, corporations have branches all over the world, reaching out to more customers.

- brand image - This is due to the previous factor. Customers may find corporations and chains more trustworthy, as their grasp of business and operations is huge.

You might be interested in
Suppose that inflation is 2 percent, the federal funds rate is 4 percent, and real GDP is 3 percent below potential GDP. Accordi
Alex_Xolod [135]

Answer:

The Fed should decrease the real federal funds rate by 0.5%

Explanation:

The formula according to Taylor can be expressed as;

N=I+R+0.5(I-I*)+0.5(Y-Y*)

where;

N=nominal fed fund rate

I=inflation rate

R=real federal fund rate

I*=target inflation rate

Y-Y*=output gap

In our case;

N=4%=4/100=0.04

I=2%=2/100=0.02

R=unknown=R

I*=assume 2%=2/100=0.02

Y-Y*=-3%=-3/100=-0.03

replacing;

0.04=0.02+R+0.5(0.02-0.02)+0.5(-0.03)

0.04=0.02+R+0-0.015

0.04=R+0.005

R=0.04-0.005=0.035

Change=R-N

Change=0.04-0.035=0.005

The Fed should decrease the real federal funds rate by 0.5%

7 0
3 years ago
The penalty for illegally using copyrighted work depends on the nature of the copyright infringement. How will the offender pay
Nesterboy [21]

Answer:

The offender will have to pay attorney fees or have the illegal work confiscated or even go to jail

Explanation:

Copy right infringement means illegal usage of copyrighted works without the owner's express permission. It is a violation of owner's intellectual property or right.

Copywrited works may include films, paintings, novels or creative display of ideas. A particular film for instance may receive protection in copyright law whereby no one can reproduce the film due to the copyright law.

Copywrite holders have sole right to their works which usually lasts throughout their life time and can either be distributed, reproduced or even be displayed publicly.Although there may be permission or licensing from the owner to another party to reproduce his works.

With regards to the above, offenders who infringe on copyright materials will have to pay attorney fees or have the illegal work confiscated or even go to jail.

8 0
3 years ago
An agent made written disclosure to his employing broker-dealer that he intends to execute a series of private securities transa
choli [55]

Answer:

C) is guilty of selling away

Explanation:

In the case when the securities are sold so the agents are prohibited from the transactions that are not recorded in the books of broker-dealer until there are authorized transactions in writing via the broker- dealer before to execution. If this cannot be happen so we called it as selling away

also the notification receipt would not be similar as the authorization

Therefore the option c is correct

3 0
3 years ago
Mega Corporation repurchased 1,000 shares of its $1 par value common stock for $8,000. The effect of this transaction on the acc
Nitella [24]

Answer:

Explanation:

Since in the question the shares are repurchased which impact the accounting equation in a negative manner

Accounting equation would be

Total assets = Total liabilities + Stockholder equity

The assets are decreased as it reduces the balance of cash account as well as it reduced the stockholder equity also by the same amount

4 0
4 years ago
On April 1, Quality Corporation, a U.S. company, expects to sell merchandise to a French customer in three months, denominating
Inessa05 [86]

Answer:

D) $16,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered

Explanation:

Options include <em>"A) $20,000 Discount Expense plus a $12,000 positive Adjustment to Net Income when the merchandise is delivered. B) $20,000 Discount Expense plus a $12,000 negative Adjustment to Net Income when the merchandise is delivered. C) $20,000 Discount Expense plus a $20,000 negative Adjustment to Net Income when the merchandise is delivered. D) $16,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered E) $20,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered."</em>

<em />

Discount expense

= ($1.41 - $1.37) * 400,000 euro

= $0.04 * 400,000 euro

= $16,000

Adjustment at Delivery

= ($1.41 - $1.36) * 400,000 euro

= $0.05 * 400,000 euro

= $20,000 (positive)

6 0
3 years ago
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