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Ilya [14]
3 years ago
9

Yoshi operates a shoe store as a sole proprietorship. However, he is in poor health and may be unable to continue running the bu

siness. If Yoshi becomes incapacitated, his business
A. ceases to exist unless sold or taken over by Yoshi's heirs.
B. automatically continues under new management as a sole proprietorship.
C. becomes the property of the most senior employee who wishes to continue operating the firm.
D. automatically converts into a public corporation with stock sold to interested investors.
Business
1 answer:
Shalnov [3]3 years ago
6 0

Answer:

A. ceases to exist unless sold or taken over by Yoshi's heirs. 

Explanation:

A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.

One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.

I hope my answer helps you.

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The Maestro bought 100 shares of a company's stock for $22.00 per share on January 1, 2018. He received a dividend of $2.00 per
ira [324]

Answer:

$22.7%

Explanation:

Purchase Price    $22

Gains on stock during holding period

Dividend 2018    $2

Dividend 2019    $3

Dividend  2020  $4

Loss on sale of stock (18-22) ($4)

Total gain on per stock     (2+3+4-4)=$5

Total Return on stock during holding period=$5/22=22.7%

7 0
3 years ago
Determine your targetarket​
mart [117]

Answer:

A target market refers to a group of customers to whom a company wants to sell its products and services, and to whom it directs its marketing efforts. Consumers who make up a target market share similar characteristics including geography, buying power, demographics, and incomes.

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7 0
3 years ago
Which of the following demonstrates the law of supply?a) When leather became more expensive, belt producers decreased their supp
snow_tiger [21]

Answer:

D

Explanation:

The law of supply states that when the price of an object rises, so does the quantity supplied. If the ketchups prices rise, so will the quantity that is supplied making this an example of the law of supply.

3 0
3 years ago
An order for 50 units of product a and 60 of b has been placed. there are currently 25 units of product b on hand. each a requir
love history [14]

To determine the net requirement for c, we determine first the number of c’s that are required for the production of a and b given that there are already 25 units of b available.

 

<span>   Number of c needed = (50 units of a)(2 c/unit of a) + (60 – 25 units of b)(5 c/unit of b)</span>

<span>      Number of c needed = 275 c’s</span>

 

There are currently 160 units of c; hence,

 

<span>   Net requirement for c = 275 c – 160 c</span>

<span>    Net requirement for c = 115</span>

 

<span>Answer: 115</span>

5 0
3 years ago
Northeast Baptist buys $500,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers NE
Vladimir79 [104]

Answer:

a) 10,000 free trade credit

b) Costly trade    6.466,67

c)    yearly cost  38,800

d) Yes as the total cash outflow to purchase the goods is lower using costly trade

e) The complete amount as it reduces the cashflow needed for the acquisition of the goods

Explanation:

principal x rate x time = interest

Where rate and time should be expressed in the same metric thus, we express the 60 days as portion of a year

500,000 x 0.12 x 60/360 = 10,000 free trade credit

<em><u>costly trade:</u></em>

500,000 x 0.97 = 485,000

485,000 x 0.12 x 40/360 = 6.466,67

cost per year: the cicle repeats every 60 days thus, 6 times per year:

6,466.67 x 6 = 38.800‬

total financial outflow:

with free credit: 500,000

with costly trade: 485,000 + 6,466.67 = 491.466,67‬

As the costly trade generated a lower cash flow it should take this path

8 0
3 years ago
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