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3 years ago

Which of the following would not be considered an advantage of a sole proprietorship

Business

1 answer:

kicyunya [14]3 years ago

4 0

Answer:

The correct answer is option B, Proprietor is responsible for his own health insurance.

Explanation:

A sole proprietor is a person who runs a business on his own. He is responsible for all the profits and losses incurred to the business. He runs the business alone. He is the sole decision maker. He himself is responsible for everything happening within the business. He is the sole owner and thus is responsible for the employees' health insurance, gratuity, social security, etc. Being the only owner, he also should be responsible for his own health insurance as well.

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Intask Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of

sukhopar [10]

Answer:

$10,500 units

Explanation:

Calculation of equivalent units of production for conversion cost

First step is to find the Units started and completed during the period using this formula

Units started and completed during the period = Units transferred to the next processing department- Beginning inventory in the mixing department units

Let plug in the formula

Units started and completed during the period = = 12,000 - 6,000

Units started and completed during the period = = 6,000

Second step is to find the Equivalent units of production

Equivalent units of production=6,000 * 25% + 6,000*100% + 5,000*60%

Equivalent units of production=1,500+6,000+3,000

Equivalent units of production=10,500 units

Therefore the equivalent units of production for conversion cost will be $10,500 units

4 0

3 years ago

_____ offer goods to business customers. These business customers are too small to merit a sales call from the distributor s rep

Neporo4naja [7]

The answer is D. Cash and carry wholesalers

This type of business usually doesn't need to make any sales call because customers usually come, pay, and carry the product by themselves

Example of cash and carry wholesalers : Walmart , Carefour, Lotte,

5 0

3 years ago

A lender estimates that the closing costs on a $293,600 home loan will be $11,010. the actual closing costs were 3.25% of the lo

mestny [16]

The closing cost of the house mortgage is lower than the envisioned by 0.5%.

<h3>What is the closing cost?</h3>

Closing expenses are the prices over and above the property's rate that consumers and dealers generally incur to finish an actual property transaction.

Those expenses may also encompass mortgage origination fees, cut price points, appraisal fees, name searches, name insurance, surveys, taxes, deed recording fees, and credit score file charges.

The lender is required by regulation to expose those expenses in the form of a mortgage estimate within 3 days of a domestic mortgage application.

Gifts of equity (actual property income given to a relative or close pal at a below-marketplace rate) can also incur a few closing cost.

So, from the above announcement, it's clear that alternative D, decreasing by 0.5%, is an appropriate answer.

Learn more about closing cost, refer to:

brainly.com/question/1084194

4 0

2 years ago

Which statement is strongly a sustainable future to alleviate the risks posed by today's production and consumption patterns?

Crank

Answer: OPTION D

Explanation: Sustainable development means consuming natural resources in such a way that the needs of today gets fulfilled without hindering the needs of future generations .

A. Consuming more capital today will result in more depletion of natural resources that are limited in amount thus there would be no sustainable development.

B. This case study relates to sustainable development which depends on limited natural resources thus society does not have the option to invest it .

C. The case study relates to natural resources which are provided by the nature human resource plays no major role in sustainable development.

D. Only consuming natural resources in an efficient manner would result in sustainable development.

4 0

3 years ago

The motive of an intimate homicide is almost always anger/revenge or profit. True or False?

tester [92]

Answer: True

Explanation: An intimate homicide is a fatally violent attacked caused by someone who is in a deeply personal relationship with the victim. It is important to note that this can be a current relationship or a past one. The main motives of this type of murder are usually because of anger for whatever they feel the victim has done or made them feel, as revenge on the victim because they believe the victim has wronged them, or for some form of profitable gains such as claiming the victim's life insurance.

7 0

3 years ago