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3 years ago

If I am starting a restaurant and taking all the risk, I am a ________.

Business

1 answer:

elena55 [62]3 years ago

6 0

Answer:

Sole proprietor

Explanation:

Sole proprietorship is a form of business in which an individual or a single person owns, control and manages a business. Anybody who is into such kind of business is known as a sole proprietor.

One of the downsides of sole proprietorship is the fact that the owner takes all the risk of the business. In other words, if the business suffers or fails, it is the sole proprietor that would be affected because he/she is the only person in charge of the business.

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A contractor purchased a dozer for $180,000 and anticipates using it for nine years. The salvage value of the dozer at the end o

ArbitrLikvidat [17]

The salvage value of the dozer at the end of year 1 is $163,000

The salvage value of the dozer at the end of year 2 is $146,000

The salvage value of the dozer at the end of year 3 is $129,000

The salvage value of the dozer at the end of year 4 is $112,000

The salvage value of the dozer at the end of year 5 is 95,000

The salvage value of the dozer at the end of year 6 is 78,000

The salvage value of the dozer at the end of year 7 is 61,000

The salvage value of the dozer at the end of year 8 is $44,000

The salvage value of the dozer at the end of year 9 is $27,000.

<h3>What is the book value of the dozer?</h3>

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

(180,000 - $27,000) / 9 = $17,000

Book value = cost of the asset - depreciation expense

Year 1 = $180,000 - $17,000 = $163,000
Year 2 = $163,000 - $17,000 = $146,000
Year 3 = $146,000 - $17,000 = $129,000
Year 4 = $129,000 - $17,000 = $112,000
Year 5 = $112,000 - $17,000 = 95,000
Year 6 = 95,000 - $17,000 = $78,000
Year 7 = $78,000 - $17,000 = $61,000
Year 8 = $61,000 - $17,000 = $44,000
Year 9 = $44,000- $17,000 = $27,000

To learn more about straight line depreciation, please check: brainly.com/question/6982430

5 0

2 years ago

During step 3 of activity-based costing, activity overhead cost pool rates are used to assign overhead costs to final cost objec

netineya [11]

Answer:

HEY

Explanation:

6 0

3 years ago

What factors determine business ethics?

irinina [24]

Answer:

a.how a company treats employees

b. how a company treats consumers

c. whether a company obeys the law

e. whether a company respects the community

f. whether a company respects the environment

Business ethics refer to an area of study involving proper business policies and practices. Generally, the laws governing companies help them form a framework to adhere to in order to gain acceptance from society.

Hence, the way in which a company treats its employees and customers, its compliance with the laws of the land, and the way it acknowledges its responsibility to the community and environment are some of the factors that determine business ethics.

6 0

3 years ago

Read 2 more answers

Factory labor charges that cannot be easily traced to a job are treated as ______.

natulia [17]

Answer:

Manufacturing overhead

4 0

1 year ago

Assume rocky mountain railway is considering hiring a reservations agency to handle passenger reservations. The agency would cha

meriva

Alright, so we start out with $12000, and we'd add from there. Since we add 1$ for every passenger, our equation with p being the number of passengers would be 1*p (e.g. for 1 passenger we have 1*1=1, 2 passengers we have 1+1(2 times)=2). Substituting 50,000 for p, we have 1*50,000=50,000. Next, we have to add 12,000 to that (as that's a flat fee) to get 50000+12000=62000

6 0

3 years ago