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3 years ago

What are the three legal forms of business organization? What are the advantages and disadvantages of each one

Business

1 answer:

My name is Ann [436]3 years ago

7 0

Answer:

Explanation:Three legal form of business organization

(1)sole proprietorship:-this is a one man business the PROPRIETOR. He runs the total affairs of the business

Advantages:-The owner has the final says

He enjoys all profits

Disadvantage:-the owner bears the loss alone.

His death can end the business..

(2)PARTNERSHIP:-It is a business owned by two or more people called partners..

advantages:-fund raising is easy..

They bring experience together..

Work load is shared.

Disadvantages:-profits is sheared..

Disagreement can set in and end the business

Death of some partners can end the business..

LIMITED LIABILITY COMPANY:-A limited liability company is a corporate structure whereby the owner are not personally liable for the company's debt or liabilities. Limited liability companies are hybrid entities that combines Tue characteristics of a corporation with those of a partnership or sole proprietorship..

Advantage:-transfer of ownership is easy..

Disadvantage:-exploitation of share holders..

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A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the lab

aksik [14]

Answer:

A. Labor productivity before=16 cart per workers-hour

Labor productivity After=26 cart per workers-hour

B. Multifactor productivity Before=0.94 carts per hour

Multifactor productivity before=0.94 carts per hour

Explanation:

A. Computation of labor productivity under each system

Labor productivity Before=100 carts per hour/6 workers

Labor productivity Before=16 cart per workers-hour

Labor productivity After=(100 carts per hour+4 carts per hour)/4 workers

Labor productivity After=(104carts per hour /4 workers

Labor productivity After=26 cart per workers-hour

B. Computation of the multifactor productivity under each system.

Multifactor productivity Before=100 carts per hour/(6 workers*$11 per hour)+$40 per hour

Multifactor productivity Before=100 carts per hour/($66 per hour+$40 per hour)

Multifactor productivity Before=100 carts per hour/$106 per hour

Multifactor productivity Before=0.94 carts per hour

Multifactor productivity before=(100carts per hour + 4carts per hour)/(4 workers * $11 per hour$)+($40 per hour+12 per hour)

Multifactor productivity before=(104carts per hour /(4 workers * $11 per hour$)+($40 per hour+12 per hour)

Multifactor productivity before=(104carts per hour /($66 per hour+$52 per hour)

Multifactor productivity before=(104carts per hour /118per hour

Multifactor productivity before=0.94 carts per hour

6 0

3 years ago

IBM signs an agreement to lend one of its customers $200,000 to be repaid in one year at 5% interest. IBM would record this loan

Olenka [21]

Answer:

B. Notes Receivable.

Explanation:

Since the company is signed an agreement for lending out of its customers for $200,000 that could be repaid in one year at 5% interest so it is not revenue not note payable and also not account receivable

Therefore it is a note receivable

Hence, the option b is correct

and, the same is to be considered and relevant

4 0

2 years ago

For the current year, Power Cords Corp. expected to sell 42,000 industrial power cords. Fixed costs were expected to total $1,65

Bond [772]

Answer:

A. 40,900

Explanation:

Calculation for what Power Cords Corp.'s margin of safety (MOS) in units is:

First step is to calculate the Break-even

Break-even units = $1,650,000/($3,750 - $2,250)

Break-even units= 1,100 units

Now let calculate the margin of safety (MOS) in units

Margin of Safety = 42,000 - 1,100

Margin of Safety= 40,900 units

Therefore Power Cords Corp.'s margin of safety (MOS) in units is:40,900

3 0

3 years ago

Of all the types of managers, managers of global social media campaigns are the ones who need not be aware of the cultures of th

Eduardwww [97]

Answer:

False

Explanation:

Of all the managers, managers of global social media campaigns are the ones who need to be most aware of the cultures in the countries in which they operate.

6 0

3 years ago

Brian makes $27,000 per year. how much can brian expect to contribute to fica taxes? question 7 options: $2,065 $1,674 $391 $2,

Sophie [7]

<span>To find the amount of FICA taxes one has to contribute, there are two values needed. First, the Social Security tax rate is 0.062 (6.2%) on the first $127,200 in wages, and then the Medicare tax is 0.0145 (1.45%) on the first $200,000 in income. Adding these two figures gives the total FICA taxes. 6.2 percent of $27,000 is $1,674, and 1.45 percent of $27,000 is $391.50. Adding these two values together (1674 + 391) gives a total of $2,065, or choice (A).</span>

5 0

3 years ago