Objectives are like goals that you want to accomplish, strategies are the methods to get there
Answer:
The answer is $230,000
Explanation:
Net sales is the sum of a company's gross(total) sales minus any returned goods, sales allowances and/or discounts. The total amount of revenue on a company's income statement is the net sales.
Gross sales - $240,000
Merchandise returned - $10,000
Net sales = Gross sales - goods returned
$240,000 - $10,000
= $230,000
Protecting their proprietary knowledge through trademarks, copyrights, and patents.
Answer:
Unlimited liability
Explanation:
Unlimited liability means that
owners of businesses are liable to pay all the debts incurred by the business.
A sole proprietorship refers to owner of a business which has no distinct legal entity from its owner. It is not a legal entity because the owner can not be separated from the business and all the debts incurred by the business will be borne or paid by the owner.
An example of a sole proprietor is a barber who has his business registered with the corporate affairs commission. It therefore means that all the debts incurred by the business will be borned by the owner.