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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

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In a market economy why is private Ownership an important source of economic prosperity
egoroff_w [7]

Answer: Private companies are among the most significant drivers of economic growth.

Explanation:

Creating jobs, increasing trade activity, and increasing the flow of goods, providing services to the poor, and paying regular taxes to the public sector are just some of the benefits that the economic system has of private companies. Paying for their obligations to the state results in the proceeds of funds coming into health care, education, and other vital elements of the state system.

8 0
3 years ago
Read 2 more answers
What two elements do you need to know in order to gauge whether your post-college debt will be affordable?
icang [17]

The two elements we need to know in order to gauge whether your post-college debt will be affordable are given below.

  • Amount owed
  • Future income

Debt entails borrowing money directly, while equity means selling a stake in your company in the hopes of securing economic backing. Both have professional and cons, and many companies pick to use an aggregate of the two financing answers.

Debt approaches the quantity of money which needs to be repaid lower back and financing manner offering price range for use in commercial enterprise sports. A crucial characteristic in debt financing is the reality that you aren't losing ownership of the corporation.

Debt is something owed by way of one party to every other. Examples of debt include amounts owed on credit score cards, car loans, and mortgages.

Learn more about debts here brainly.com/question/1957305

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8 0
2 years ago
During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P
Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

or

Patriots net income for the year = $245,000 - $120,000

or

Patriots net income for the year = $125,000

3 0
3 years ago
The state and local police departments are trying to analyze crime rates so they can shift their patrols from decreasing-rate ar
Mars2501 [29]

Answer:

= 0.008

Explanation:

Base on the scenario been described in the question , to develop a p-chart, first calculate as shown below:

P bar= total number of defective units from all samples /(number of samples ×sample size)

= 100/(12×1000)

= 100/12000

= 0.008

Thus, the p bar is 0.008

5 0
2 years ago
What might happen to a population of animals if one or more of the limiting factors were no longer limiting?
Anuta_ua [19.1K]

In the natural world, limiting factors like the availability of food, water, shelter and space can change animal and plant populations. Other limiting factors, like competition for resources, predation and disease can also impact populations. ... Some changes may cause a population to increase.

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2 years ago
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