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
mario62 [17]
3 years ago
7

Choose the statements that CORRECTLY describe a business organization.

Business
2 answers:
vampirchik [111]3 years ago
6 0

Answer:

Sole Proprietorship and Partnerships both have unlimited liability.

An advantage to Corporations as a business organization is that they enjoy unlimited life and limited liability.

Explanation:

A disadvantage of both sole proprietors and partnerships business is having unlimited liability because if the sole proprietors and partnership businesses loss, they have to pay the debt by selling their assets.

Corporations cannot be dissolved if any director or executive officer dies, and owners are liable up to that portion they have invested for the corporation.

Anna11 [10]3 years ago
4 0

Answer:

A, C, and F. Simple.

Explanation:

You might be interested in
Suppose that fertilizerfertilizer is necessary to produce wheatwheat. if the price of fertilizerfertilizer fallsfalls​, the supp
asambeis [7]

Answer: Shift to the right

Explanation:

Fertilizers are an important input in wheat production. When the price of fertilizers fall, it leads to a decrease in cost of producing wheat. Thus, producers will supply more wheat in the market. As a result the supply curve for wheat will shift to the right leading to a fall in the price of wheat and an increase in the quantity of wheat sold in the market.

4 0
3 years ago
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a cust
Liono4ka [1.6K]

Answer:

C. Debit Service Fee Expense for $6

Explanation:

McGregor only uses the services of the Credit Card company for their own activities, therefore, aside from the income of the service provided of $200, the credit card company will charge McGregor for the use of credit card services by the customer.

As such, since it is the decision of the customer to pay with a credit card, then the customer must bear the service fee expense of 3% of the cost of the service which is $6. Hence, Option C is correct. It means aside the $200 for the service, there is a need to debit service fee expense for $6

Option D is wrong because only $200 is service revenue, it has to be clearly stated that the 3% of $6 is different from the service revenue and should be debited as service fee.

If the customer is reluctant to make the payment, then there is an allowance to pay cash instead of using the credit card service.

5 0
3 years ago
Brad will graduate next year. When he begins working, he plans to deposit $6000 at the end of each year into a retirement accoun
Dovator [93]

Answer:

$92,8571.7937

Explanation:

The computation of the amount after 40 deposits is shown below:

= (((1 + interest rate)^number of years - 1) ÷ interest rate)× principal

= (((1 + 0.06)^40-1) ÷ 0.06) × $6,000

= $92,8571.7937

We simply applied the above formula and the same is to be considered

We considered all the things given in the question

8 0
3 years ago
the stock market of country A has an expected return of 8 percent, and standard deviation of expected reutrn of 5 percent. The s
valkas [14]

With stocks of 8% for A and 16% for B, The global minimum variance is given as 10.5 percent

<h3>How to solve for the variance</h3>

The expected return of the stock for the country a is given as 0.05

The Weight of this country's stock market WA  = 0.5

The expected return of the stock for the country a is given as 0.16

The Weight of this country's stock market Wb  = 0.5

Expected Return of the portfolio can be calculated as

= (WA x RA) + (WB * RB)

Expected Return of the portfolio = (0.5x 0.05 ) +(0.5*0.16)

= 0.105

= 10.5%

Read more on variance here:  brainly.com/question/10687815

5 0
2 years ago
Joan Demers launched a professional services firm on March 1. The firm will prepare financial statements at each month-end. In M
adell [148]

Answer:

the net operating income is $19,000

Explanation:

The computation of the net operating income is shown below:

As we know that

Net Operating Income = Revenue - Costs

= $10,000 + $20,000 - $5,000 -$6,000

= $19,000

Hence, the net operating income is $19,000

we simply deduct the cost from the revenue so that the net operating income could come

4 0
3 years ago
Other questions:
  • Quizlet hazel field farms provide local restaurants with organic food and vegetables that have been grown without the use of pes
    9·1 answer
  • Finnegan is a limited partner in Gettout &amp; Associates, a local financial consulting company. Heywood U. Gettout is one of th
    12·1 answer
  • Which of the following creates a bull spread? A. Buy a low strike price call and sell a high strike price call B. Buy a high str
    8·1 answer
  • Suppose society consists of four individuals: Andy, Bill, Carl, and David. Andy has $20,000 of income, Bill has $40,000 of incom
    11·1 answer
  • Raiment Inc. manufactures sewing machines. In an issue of Homespun Comrade, Raiment purchases the bottom quarter ad space on thr
    11·1 answer
  • Definition of Diversification-
    11·2 answers
  • At the minimum efficient​ scale,
    11·1 answer
  • 4. Suppose the supply of apples sharply increases because of perfect weather conditions throughout the growing season. Assuming
    10·1 answer
  • Pikes Peak is a ski resort in upstate New York. The company sells lift tickets, ski lessons, and ski equipment. It operates seve
    7·1 answer
  • When deciding on an office layout, a business or organization has to consider all of the following except:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!