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ArbitrLikvidat [17]
4 years ago
13

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

Business
1 answer:
FromTheMoon [43]4 years ago
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!)
You might be interested in
You are scheduled to receive a $500 cash flow in one year, a $1,000 cash flow in two years, and pay an $800 payment in three yea
Sunny_sXe [5.5K]

Answer:

present value = $9320.06

Explanation:

given data

cash flow 1 year C1 = $500

cash flow 2 year C2 = $1000

pay 3 year C3  = $800

interest rates  r = 10 percent per year = 0.10

solution

we get here present value that is

present value = \frac{C1}{(1+r)} +\frac{C2}{(1+r)^2} +\frac{C3}{(1+r)^3}   ....................1

put here value and we will get

present value =  \frac{500}{(1+0.10)} +\frac{10000}{(1+0.10)^2} +\frac{800}{(1+0.10)^3}

present value = $9320.06

7 0
3 years ago
As a manager seeks to develop her leadership skills, she should be aware that:
avanturin [10]

Answer:

b. Many different styles of leadership can be effective.

Explanation:

Leadership is the ability of a person to motivate others to deliver on set goals and objectives.

Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.

There are different leadership styles that are all effective depending on the situation

Authoritative leaders states the way things should be done with little input from the team.

Democratic leadership is when the leader gets feedback from the team and uses it to make decisions.

Free rein is when the leader allows the team do what they like in achieving goals.

Task oriented leadership focuses mainly on the task at hand.

7 0
4 years ago
The current sections of Culver Corporation's balance sheets at December 31, 2021 and 2022, are presented here. Culver Corporatio
natta225 [31]

Answer:

Net Cash Provided by Operating Activities is $286,000

Explanation:

                             Culver Corporation's

                    Partial Statement of Cash flows

            For the year ended December 31, 2022

<em>Cash Flow from Operating Activities</em>

Net Income                                                               $229,500

<em></em>

<em>Adjustment to reconcile net income to</em>

<em>net cash provided by operating activities</em>

Depreciation Expenses                          $40,500

(Non-cash expense)

Decrease in Accounts Receivables       $13,500

(133,500 - 120,000)

Decrease in Inventory                             $6,000

(258,000 - 252,000)

Increase in Prepaid Expenses                -$7,500

(33,000 - 40,500)

Increase in Accrued Expenses Payable $15,000

(22,500 - 7,500)

Decrease in Accounts Payable              <u>-$10,500</u>     <u>$57,000</u>

(127,500 - 138,000)

Net Cash Provided by Operating Activities           <u>$286,000</u>

4 0
4 years ago
First job interview tips / advice - 20 pts
algol [13]

A job interview isn't simply a test of your knowledge; it's also a test of your ability to use it appropriately. Understanding the major areas on which you should concentrate when preparing for your first job interview is essential. I'll guide you through some of the most crucial elements to consider while preparing for your first interview.

<h3><em>So, let’s begin….</em></h3>

1. On your resume, be honest.

  • In your CV, don't lie about anything. If you lie, you will lack confidence while answering questions on that issue, and you will become uneasy as a result. So, just tell it like it is.
  • By lying, you are undermining your knowledge and talents, which you have worked hard to acquire.
  • Emphasize your talents and your readiness to learn new skills if you don't have any.

2. Prepare your introduction well:

  • Make a self-introduction that you should be able to finish saying in 1 minute 30 seconds once you've finished preparing your resume. Self-introductions that are too long are not heard and may appear uninteresting.
  • Make your strengths, whether technical or non-technical, stand out.
  • Be detailed with your self-introduction since it can help you make a positive first impression.

3. Always keep a backstory for some answers:

  • Some questions, such as strengths and shortcomings, need a history to support your response. In most cases, a history to support your response helps both you and the interviewer understand how you are overcoming that limitation. The same may be said about strengths.

4. Always proofread your resume:

  • Check your resume twice. Make sure that it does not have any kind of grammatical errors or spelling mistakes.
  • Errors in resume make a bad impression.

5. Have a fundamental understanding of the company:

  • Read up on the company's profile that you'll be applying for. Read about the many industries that the firm operates in, the CEO's name, where the company is situated, why the company was recently in the news, and so on.
  • Believe me when I say that if you answer these questions correctly, you will make a great first impression. It demonstrates that you are aware of and interested in the company's work.

6. Make sure you're ready for the technical round:

  • Make a list of the most often requested technical questions. This should be done three to four days before the interview. Prepare responses and make sure to cover all of the fundamentals of the areas you stated on your CV.
  • Also, be prepared to answer questions about your final year project. Revise the flow chart diagrams and, if applicable, block diagrams, since they are easier to explain in a shorter amount of time.

7. HR Round:

  • The HR round is really important. Look for the most frequently asked HR questions (you can get them from various sources). Prepare a few words to support your answer or point of view for each response.

8. Choose and prepare your outfit the day before:

  • Wear a dress that is both comfy and ironed. Look at the executives on the about me page if you're unsure. That's how you should dress.
  • Maintain a polished and understated appearance. Don't go overboard with the accessories.

Important details to keep in mind (before, during, and during the interview):

- Maintain a cheerful and self-assured attitude.

- Emphasize appropriate body language by sitting in a proper posture and maintaining eye contact. Maintain a friendly demeanor and a small grin on your face.

- Be truthful

- Arrive on time

- All you have to do is give it your all. If you give it your all and still don't get the job, that's life.

- Be courteous

- Pay attention to what they're saying and pay attention to what they're saying. If you don't understand a question, politely inquire for clarification.

Simply keep these things in mind and plan beforehand. Give it your all and don't give up until you succeed.

I hope this helped

4 0
2 years ago
Suppose that there is a financial crisis, and people choose to spend less. As a result, velocity drops by 5 percent. According t
lions [1.4K]

Answer:

Eight(8) percent

Explanation:

Base on the scenario been described in the question, the fed will need to the supply of money by eight (8) percent in to achieve their target.

8 0
3 years ago
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