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Crazy boy [7]
3 years ago
14

Max chose to operate his production studio as a sole proprietorship even though his attorney cautioned that he was:____________

Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

<u>c. exposing himself to unlimited personal liability.</u>

Explanation:

One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.

A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.

Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.

Thus, the correct option is, c. exposing himself to unlimited personal liability   .

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The top management of Myers Corp are planning a reorganization of their company to cut costs and increase efficiency. The differ
melamori03 [73]

Answer:

C. substitutes

Explanation:

This scenario reflects the operation of substitutes in replacing the support and ability offered by leaders

6 0
3 years ago
An organizational structure is Multiple Choice the arrangement or relationship of positions within an organization. based on the
malfutka [58]

Answer:

the arrangement or relationship of positions within an organization.

Explanation:

The organizational structure corresponds to the arrangement or relationship of positions within an organization, that is, the structure refers to the company's structure by department, position and function, which makes up the organizational hierarchy.

The structure is not fixed, it can be changeable according to the objectives and goals of a company, but to change it it is necessary to share the vision with the stakeholders and analyze the change, since the organizational structure also establishes the culture and the form of relationship within a company.

In the centralized structure, decision-making occurs hierarchically from the highest to the lowest positions, whereas in the decentralized structure, the lower hierarchical levels also participate in the decision-making process, requiring the alignment of the organizational structure with the values ​​and objectives of the company.

5 0
3 years ago
Yo Mamma Shops, Inc. can open a new store that will do an annual sales volume of $837,900. It will turn over its assets 1.9 time
solong [7]

Answer:

Net Income = $67,032

Return on assets = 0.152 = 15.2%

Explanation:

Profit Margin = Net Income / Net sales

Net Income =Profit Margin x Net sales

Net Income = 8% x $837,900

Net Income = $67,032

Asset Turnover = Net Sales / Average total assets

1.9 = $837,900 / Average total assets

Average total assets = $837,900 / 1.9

Average total assets = $441,000

Return on Assets = Net Income / Average total Assets

Return on Assets = $67,032 / $441,000

Return on Assets = 0.152 = 15.2%

5 0
4 years ago
You work for a company where the HR director has been involved in unethical activities. You know that others are also aware of t
lions [1.4K]

Answer:

Personal Pros & Cons

Explanation:

To become a whistleblower in this situation, you might want to stay anonymous when reporting the situation. By staying anonymous you can report this situation without being worried that this HR director will know. But, if you don't want to become the whistleblower someone else might report them and you'll be out scot-free. But in the chance, someone doesn't, then you might feel guilty for not reporting this issue.

4 0
3 years ago
As the discount rate decreases (including negative values), the present value of a given positive cash flow to be received at a
Varvara68 [4.7K]

Answer:

C, gets larger without limit.

Explanation:

A decrease in discount rate ensures that financial institutions can borrow money at a cheaper rate. Since the lending rate of banks are decreased, the amount of available loans/credit is increased which in turn increases the lending activity of the financial institutions.

Simply put, a discount in rates of funds borrowed by a financial institution helps to increase the reserves of the institution as well as increase the supply of money in the economy.

From the question, a larger cash flow rate is obtainable from a decreased discount rates.

Cheers.

6 0
4 years ago
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