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zepelin [54]
3 years ago
9

A key reason most sole proprietorships remain relatively small is that:

Business
1 answer:
Ierofanga [76]3 years ago
6 0

Answer:

A. They have limited ability to raise funds needed to finance Growth

Explanation:

What is a Sole Proprietorship

A sole proprietorship represents a business that owned and run mostly by an individual who has the responsibility of paying income tax on any profit generated by the business. Sole Proprietorship is also a very popular form of business around the world.

Characteristics of a Sole Proprietorship

  • It is usually owned by an individual who is responsible for its profits as well as its risks
  • Sole Proprietorships are easy to set-up due to its simple management and ownership structure
  • Due to the singular ownership decision making is limited to the capacity of the owner
  • Since it is unincorporated, a sole proprietorship has limited access to capital for expansion such as gearing and the stock market option of getting shareholders. As such, the capital of a sole proprietorship is limited to personal savings, borrowing based on limited collateral, grants and gifts from friends and family.
You might be interested in
If you deposit $100.00 into a savings account EACH month, how much
andrezito [222]

Answer:

100×12=1200

1200×6%=72

1200+72=1272

5 0
2 years ago
If there is an even number of data, how is the median found?
pishuonlain [190]

Answer:

the average of two middle numbers

Explanation:

the median is the number in the middle of an arranged from smallest to largest number of a set of numbers

when you have an even number of data there is no 1 number in the middle so you take the average of the 2 middle numbers

4 0
3 years ago
Paying an amount on account reduces:_______
hichkok12 [17]

Option (d) the amount owed on a liability is correct.

Paying an amount on account reduces the amount owed on a liability.

<h3>What is liability?</h3>
  • A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
  • There are various ways to define a liability's duration. The average duration (or mean term) of the liability is what is typically meant by the term "duration of liability" in actuarial valuation. In other terms, it refers to the typical rate of a liability's repayment.
  • Liabilities can be used by businesses to increase liquidity if they are having cash flow issues. Most small and medium-sized enterprises lack the financial resources necessary to grow.

Learn more about liability here:

brainly.com/question/15006644

#SPJ4

3 0
2 years ago
An investment offers $5,800 per year, with the first payment occurring one year from now. The required return is 7 percent. a. W
algol13

Answer:

$61,445.20

Explanation:

we need to determine the present value of an annuity, and the simplest to determine this is by using annuity factors:

number of payments = 20

interest rate = 7%

annuity payment = $5,800

present value of the annuity = $5,800 x 10.594 (PV factor, 7%, n= 20) = $61,445.20

if we do not have an annuity table at hand (or in the internet), the formula used to calculate the annuity factor is:

annuity factor = [1 - 1/(1 + r)ⁿ] / r

4 0
3 years ago
When Motorola first entered the Mexican marketplace, the company wanted direct control of salespeople in major urban markets but
ziro4ka [17]

Answer:

<h2>In this case,the answer would be option A. given in the answer choices or options or  a company sales force; manufacturer's reps.</h2>

Explanation:

  • Motorola basically wants to gain higher control or authority over its sales force in the urban areas in Mexico to better handle and channelize its sales activities in the urban regions of the country to increasingly capture the urban consumer base.
  • Therefore,it will probably consider employing more or higher sales force in the urban areas to mobilize the sales activities in the targeted regions.
  • On the other hand,it is relatively less concerned about reaching the rural or less populated counterparts in the country, which reasonably implies that it will deploy manufacturer representatives in those regions as mobilization of sales activities is not the priority in this case.
8 0
3 years ago
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