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3 years ago

Which of the following is an advantage of a sole proprietorship?

1 answer:

7 0

B. Sole proprietorships are not very highly regulated, so they are easy to get started. Most forms of business are easy to expand if they succeed! Getting financing really depends on how likely the lenders think the business is to succeed, irrespective of format. The owner is directly liable for the debts of a sole proprietorship, but even if you incorporate, the bank is likely to want a personal guarantee of the owner for any debt of a new corporation, so it's pretty much the same deal. Taxes could be higher or lower, depending on how the business does and what other sources of income the proprietor has (like their day job!)

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A coffee shop buys 2000 bags of their most popular coffee beans each month. The cost of ordering and receiving shipments is $12

aleksley [76]

Solution :

The optimal order quantity, EOQ = $\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$

EOQ = $\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$

= 115.47

The expected number of orders = $\frac{\text{demand}}{EOQ}$

$=\frac{2000}{115.47}$

= 17.32

The daily demand = demand / number of working days

$=\frac{2000}{240}$

= 8.33

The time between the orders = EOQ / daily demand

$=\frac{115.47}{8.33}$

= 13.86 days

ROP = ( Daily demand x lead time ) + safety stock

$=(8.33 \times 8)+10$

= 76.64

The annual holding cost = $\frac{EOQ}{2} \times \text{holding cost}$

$=\frac{115.47}{2} \times 3.6$

= 207.85

The annual ordering cost = $\frac{\text{demand}}{EOQ} \times \text{ordering cost}$

$=\frac{2000}{115.47} \times 12$

= 207.85

So the total inventory cost = annual holding cost + annual ordering cost

= 207.85 + 207.85

= 415.7

6 0

2 years ago

I'm leaving this app forever there points

jasenka [17]

Answer:

Noooooooooooooooooooooooooooo Plzzzzzzzzzzzzzzzz don't leave this app Plzzzzzzzzzzzzzzzz

8 0

2 years ago

Read 2 more answers

After John worked at a job for 10 years, his salary doubled. If he started at $x, his salary after 10 years is _____.

arlik [135]

What does it mean that his salary doubled?

this means that for example, if it was 1000 dollars, it would be 2000 dollars now, and it if was 2000 dollars, it would be 4000 dollars now.

This can be written down as $2x where x is the initial salary. (so if x=1000, the new salary is 2x=2*1000=2000

8 0

2 years ago

Read 2 more answers

Congress missed the fact that various agencies with responsibility for supervising the banking industry were negligent in identi

stira [4]

Answer:

oversight.

Explanation:

Oversight can be defined as an unintentional failure to notice a mistake or error, or an unintentional failure to act upon an event caused by an error.

Both the FED and the SEC should have noticed that the financial system was in a really bad shape way before Bear Stearns and Lehman Brothers collapsed, or AIG (and others) needed a huge bailout. Apparently both the FED and SEC were all too optimistic about the market and their optimism blinded them. As always the consequences of negligent public servants were paid mostly by the average taxpayer.

5 0

2 years ago

Which one of the following represents the amount of compensation an investor should expect to receive for accepting the unsystem

Evgesh-ka [11]

Answer:

The correct answer is letter "D": Zero.

Explanation:

While dealing with an asset out of an unsystematic firm-specific risk <em>there is no compensation to expect</em> from a firm since it is the individual who is taking the risk in trading that asset. All responsibility relies on the individual's strategy when placing a transaction but the firm does not have any responsibility for having the individual accept that security.

8 0

2 years ago