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3 years ago

When the owner of a sole proprietorship dies, what becomes of the business?

Business

1 answer:

shutvik [7]3 years ago

6 0

It ceases to exist, unless it's taken over by someone or sold off.

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In its proposed 2022 income statement, Hrabik Corporation reports income before income taxes $500,000, income taxes $100,000 (no

DaniilM [7]

Answer:

Explanation:

Statement of Comprehensive Income :

$ $

Income from continuing operation before tax 500,000

Income Tax (100,000)

After Tax Income from Continuing operation 400,000

Loss from discontinuing operation (60,000)

Gain on disposal of discontinuing operation 40,000

loss on discontinuing operation b/4 tax (20,000)

income tax benefit @ 20% 4,000

After tax gain on discontinuing operation (16,000)

Net Income 384,000

Unrealized loss on available-for -sale securities (150,000)

Other Comprehensive Income 234,000

8 0

3 years ago

it is ideal for key management slots to be filled from outside . a. in turnaround and rapid-growth situations b. when problems w

astraxan [27]

It is ideal for key management slots to be filled from outside turnaround as well as rapid-growth situations.

So, the correct option is A.

Different sets of managerial skills are required to implement the strategy and ensure that the organization does so successfully. Strategy execution is primarily operations-driven, focusing on the management of people, business processes, and organizational structure, as opposed to strategy formulation, which is largely an analysis-driven activity focused on market conditions and the company's resources and capabilities.

Working well with and through others, developing and bolstering competitive capabilities, and developing a suitable organizational structure are all necessary for successful strategy execution. Teamwork is necessary for successful strategy execution. Every manager is accountable for implementing strategies in their spheres of influence, and every employee actively contributes to this process.

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3 0

10 months ago

Which of the following is NOT an individual characteristic influencing consumer behavior? A) culture. B) attitudes. C) task defi

STALIN [3.7K]

Answer:

Explanation:

7 0

3 years ago

Suppose an individual makes an initial investment of $2,000 in an account that earns 8.4%, compounded monthly, and makes additio

Akimi4 [234]

Please answer please please thank you so

5 0

3 years ago

Sandra is a production manager at a soda manufacturing and bottling plant. One of her duties is to create a monthly inventory re

GaryK [48]

Answer:

Accuracy

Explanation:

Sandra as a production manager is responsible to make a list of material received from the supplier. For an accurate list, it is important that the supplier must provide her with the detail of every inventory they provided along with the recipes. In the previews month, the supplier provided an erroneous list which leaked detail and in this case, her report cannot be considered authenticate or reliable because it lacked accuracy.

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3 years ago