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
soldi70 [24.7K]
3 years ago
11

Q 1.7: A small business owner has decided to form a ______________ after deciding that she wants to maximize revenue, minimize t

axes, give back to the community, and exercise total control over her business.
Business
1 answer:
Vadim26 [7]3 years ago
6 0

Answer:

Sole proprietorship

Explanation:

A sole proprietorship is a business form of an organization in which there is only a single owner who operates and controls the business. The main motive  of every organization is to maximize revenue, minimize losses and taxes. Also it has unlimited liability

Therefore in the given situation, the sole proprietorship would be the appropriate and the same is to be considered

You might be interested in
Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa
sweet-ann [11.9K]

Answer:

Explanation:

Net income is the summation of all revenue generated substracted from all costs such as tax, interest and others it is the profit made.

Cash flow is the amount that the producer needed to spend when stating an accounting section romove from amount needed at the end of that accounting section.

Whenever transactions are carried out,

Cash flow and net income can be affected in ways that are not the same, once goods is sold the net income is noted by the manufacturer, let say he sell goods of $400 to a retailer if the retailer doesn't pay instantly, it mean the manufacturer has $400 cash less.i.e net income

a. Purchased $125 of supplies for cash.

Answer:

✓There is decrease in cash by $125

✓There is no change as far as Net Income is concerned here.

b. Recorded an adjusting entry to record use of $45 of the above supplies.

Answer:

✓There is No change to Cash here,

✓The net income is is decreased by $45.

c. Made sales of $1,220, all on account.

Answer:

✓There is No change to Cash here,

✓The Net Income is increased by $1,220

d. Received $850 from customers in payment of their accounts.

Answer:

✓ There is Cash increase, by. $850 ,

✓ There is No change to Net Income

e. Purchased equipment for cash, $2,500.

Answer:

✓There is Cash is decreased by $2,500

✓ There is no change to Net Income

f. Recorded depreciation of building for period used, $610.

Answer:

✓ There is No change to cash,

✓ there is decrease in Net income by

$610

6 0
3 years ago
Find the square root of 31-4√21​
rjkz [21]

Explanation:

3x+4=-2 hope that helps.

7 0
3 years ago
1. What's the term for something that seems to be contradictory, but at the same time is perfectly true?
qaws [65]

Answer:

Paradox

Explanation:

A paradox is a statement that seems to say two opposite things but may be true.

4 0
2 years ago
to plan effective marketing strategies, a company needs to find out all it can about its competitors. it must constantly compare
mel-nik [20]

This is an example of <u>Competitor Analysis</u>

  • An evaluation of the advantages and disadvantages of present and future rivals is known as competitive analysis in marketing and strategic management. In order to recognize possibilities and risks, this analysis gives both an offensive and a defensive strategic perspective.
<h3><u>What information should a competitor analysis contain?</u></h3>
  • A competitive study should look at the attributes, market share, prices, marketing, differentiators, strengths, and weaknesses of your rivals as well as their locations, cultures, and consumer feedback.
  • This article is for small company owners, both new and experienced, who wish to research their rivals to enhance their goods or services.

To learn more about Competitor Analysis, Click the Links.

brainly.com/question/28090263

brainly.com/question/18685357

#SPJ4

5 0
1 year ago
________ psychology is a discipline interested in how relationships among employees affect those employees and the performance o
JulijaS [17]
ORGANIZATIONAL psychology is a discipline interested in how relationships among employees affect those employees and the performance of a business. industrial human factors work organizational
4 0
3 years ago
Other questions:
  • Which neca committee is responsible for the production of the magazine the quality connection?
    13·1 answer
  • If the cpi is 200 in year 1980 and 300 today, then $600 in 1980 is equivalent to ______ today.
    8·1 answer
  • A traditional GAAP income statement does not help managers to predict the financial results of their decisions. Which of the fol
    6·1 answer
  • A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard deliv
    9·1 answer
  • Stock and bond markets:
    5·1 answer
  • Many business application software vendors are pushing the use of _____ for small and medium-sized enterprise (SME) to help cust
    15·1 answer
  • An advertising executive takes over a Google Search ads campaign. On his Google Ads Recommendations page he notes that the campa
    13·1 answer
  • ou have just purchased a four-month, $630,000 negotiable CD, which will pay a 4.5 percent annual interest rate. a. If the market
    7·1 answer
  • Bryant leased equipment that had a retail cash selling price of $690,000 and a useful life of six years with no residual value.
    7·1 answer
  • What is the hedonic theory of wage differentials? Discuss the characteristics of a normal-profit isoprofit curve. Combine isopro
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!