Answer:
A sole proprietorship is a business owned by only one person. The most common form of ownership, it accounts for about 72 percent of all U.S. businesses[1]. It’s the easiest and cheapest type of business to form: if you’re using your own name as the name of your business, you just need a license to get started, and once you’re in business, you’re subject to few government regulations.
As sole owner, you have complete control over your business. You make all important decisions, and you’re generally responsible for all day-to-day activities. In exchange for assuming all this responsibility, you get all the income earned by the business. Profits earned are taxed as personal income, so you don’t have to pay any special federal and state income taxes.
Explanation:
Answer:
option (b) 9.5%
Explanation:
Data provided in the question:
Loan Amount = $2,000,000
Annual interest rate = 9%
Required compensating balance = $100,000
Now,
Effective interest rate(EIR)
= (loan × Annual interest on loan) ÷ (Loan - Required compensating balance)
= ($2,000,000 × 9% ) ÷ ( $2,000,000 - $100,000 )
= ($2,000,000 × 0.09 ) ÷ ( $1,900,000 )
= 0.0947 ≈ 0.095
or
= 0.095 × 100%
= 9.5%
Hence,
the answer is option (b) 9.5%
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The techniques is a popular plan to advantage one or more lengthy-term or normal dreams below situations of uncertainty. in the texture of the "art work of the general", which protected numerous subsets of abilities together with army strategies, siegecraft, logistics and so forth., the term came into use within the sixth century C.E. in japanese Roman terminology, and became translated into Western vernacular languages simplest inside the 18th century. From then till the 20th century, the phrase "method" came to indicate "a whole manner to try to pursue political ends, on the facet of the threat or real use of stress, in a dialectic of wills" in a army war, in which each adversaries have interaction.
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Answer:
Total contribution margin= $34,500
Explanation:
Giving the following information:
Selling price= 15
Unitary variable cost= 12
<u>First, we need to calculate the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 15 - 12 = 3
<u>Now, the total contribution margin for 11,500 units:</u>
Total contribution margin= 3*11,500= $34,500
Answer:
are added; will decline eventually
Explanation:
the point of diminishing returns sets in when the optimum capacity has been attained. at this level, increasing production by any extra unit would only bring about little or Fall in output.
if we hold the other factors of production constant/fixed while increasing one input, we will get toa stage where more additions of this input by one unit would only bring about decrease in output or cause output to fall.
therefore in summary this law States that as more increments are added, marginal benefit from increments declines eventually.