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3 years ago

One who assumes all risks for the business and whose personal assets can be taken to pay creditors is called a(n)

Business

1 answer:

insens350 [35]3 years ago

5 0

Answer: Sole proprietor

Explanation:

In a sole proprietorship, the owner is complete control of the business. They own a 100% of the shares and manage all aspects of the business.

Unfortunately as a result, there is no distinction between their assets and those of the business which means that they are personally liable for any risks that the business may incur. If the company goes bankrupt for instance, and the company assets aren't enough to settle debts, the personal assets of the sole proprietor would be sold off to settle the creditors.

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When the alternatives under consideration have only disbursements (service alternatives), the do-nothing alternative must be inc

Rom4ik [11]

Answer: False

Explanation:
When more than one alternative can be selected from those available, the alternatives are said to be mutually exclusive. In evaluating independent alternatives, each alternative is compared against the "Do Nothing" alternative.
For mutually exclusive alternatives, the do-nothing is a viable option when revenue alternatives are involved.

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3 years ago

Stricter environmental regulations and increased demand for energy have caused an increase in the demand for relatively clean na

scoray [572]

Answer:

D) Quantity sold rose while the effect on price is ambiguous.

Explanation:

Two separate things happened here;

Change in consumer habits have shifted the the demand curve to the right, increasing the quantity demanded at every price level.
Better technology and lower costs have also shifted the supply curve to the right, increasing the quantity supplied at every price level.

One thing is certain, the quantity demanded and supplied increased, so the total quantity sold definitely increased. The price issue is not certain because you would need additional information about which shift was larger, the shift of the supply curve or the demand curve.

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3 years ago

"3. ERA Company’s controller accidentally erased the 3/1/20 balance for the Accounts Receivable account. However, she can see th

VikaD [51]

Answer:

The multiple choices are:

a.300,000

b.$400,000

c.$800,000

d.$1,300,000

The correct option is C,$800,000

Explanation:

Opening accounts receivable=closing receivables+cash received-credit sales

closing receivables is $500,000

cash received during the month was $1,800,000

credit sales during the month was $1,500,000

Opening accounts receivable =$500,000+$1,800,000-$1,500,000

opening accounts receivable balance =$800,000

This is more like working backwards,as closing closing receivables formula is ;

closing receivables=opening receivable+credit sales-cash received

simply change the subject to opening receivables

opening receivables=cash received+closing receivables-credit sales

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3 years ago

Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring

stealth61 [152]

Answer;
If a student wishes to go on the field trip, he or she must bring in a permission slip.

Explanation;
This is because a singular noun, student, should take a singular pronoun, and the subject must agree with the verb. That is; instead of using the noun student (singular noun) with the pronoun they (plural pronoun), one should use the pronouns he or she (singular pronoun)

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How does SEO impact the way that marketers write their ads?

Olegator [25]

Answer:

It enhances the marketing scopes and magnifies to reach for a particular brand by attracting an increasing number of potential users

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2 years ago

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