1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Simora [160]
3 years ago
12

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.

You might be interested in
If you are an engineer working for a state highway department with the responsibility for overseeing and regulating construction
Nimfa-mama [501]

Yes it is a conflict of interest to leave the state and accept a position with a construction company that you formerly handled as a government relations manager.

<h3>What is a Conflict of Interest?</h3>

A conflict of interest occurs when an person's interests – family, friendships, financial, or social elements – could compromise his or her judgment, or actions in the workplace. Government agencies take disputes of interest so seriously that they are handled.

While it is not always feasible to eradicate conflicts of interest, the frequency and gravity of such situations may be lessened through comfort.

To learn more about Conflict of Interest visit the link

brainly.com/question/15544718

#SPJ4

8 0
1 year ago
Elly owns a small coffee shop. She has only one employee. One weekend, she decided to take a break from work. She is wondering w
yanalaym [24]

Answer: (B) Backward induction

Explanation:

 The backward induction is basically used for making the decisions and it is the process of solving the various types of problems by determining the action properly.

In any type of situation, the backward induction basically used the optimal strategy type for making some effective result of the given situation.

According to the given scenario, Elly should use the backward induction process for making the decisions more effectively regarding her shop.

Therefore, Option (B) is correct.

4 0
3 years ago
Brian is a truck driver who delivers products throughout Massachusetts. His friend Chris is a traffic planner for the same state
DiKsa [7]

Answer:

Assuming that you can only choose one answer, the most suitable one would be (A) Chris designs models to make traffic flow better, which enables Brian to get to his company’s warehouse faster.

Explanation:

This answer is correct because Chris is a traffic planner – thus he merely designs the traffic flow, he does not create it, thus making answer (D) incorrect. Though (B) is true, it doesn’t relate to Chris’ career, making it false as well. As for (C), the answer is not correct because Chris doesn’t design the maps of the state, he only designs the traffic flow.

6 0
3 years ago
Read 2 more answers
Economic Ordering Quantity (EOQ). The Gentry Garden Center sells 100,000 bags of lawn fertilizer annually. The optimal safety st
GalinKa [24]

Answer:

1. Annual demand ( D) = 100,000 bags

Ordering cost per order (Co) = $15

Holding cost per item per annum (H) = 15% x  $2 = $0.30

EOQ = √<u>2DCo</u>

                H

EOQ = √<u>2 x 100,000 x $15</u>

                  0.30

EOQ = 3,162 units

2. Maximum inventory

   = Safety stock + EOQ

   = 1,500 + 3,162

   = 4,662 units

3. Average inventory

   = EOQ/2

   = <u>3,162</u>

         2

   = 1,581 units

4. Number of order

   = <u>Annual demand</u>

            EOQ

   = <u>100,000</u>

        3,162

  = 32 times

       

Explanation:

EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by  holding cost per item per annum.

Maximum inventory is the aggregate of safety stock and EOQ.

Average inventory is economic order quantity divided by 2

Number of order is the ratio of annual demand to economic order quantity.

3 0
3 years ago
Fund flows that occur within a quarterly reporting period are referred to as _______________ cash flows.
valentina_108 [34]

Answer:

The options are

A. Inter period

B. Intra period

C. Regular

D. Irregular

The answer is B. Intra period

Intra period cash flow is defined as the flow which occurred in a certain period of time. In the example above , the cash flow occurred within quarterly reporting period of time.

6 0
2 years ago
Other questions:
  • suppose that a high crime neighborhood is plagued by numerous abandoned home and malfunctioning street lights applying the broke
    5·1 answer
  • Agent John is planning to conduct a series of events. Some will be strictly educational, others will be formal presentations of
    12·1 answer
  • Suppose that the five firms in industry A have annual sales of 30, 30, 20, 10, and 10 percent of total industry sales. For the f
    8·1 answer
  • Powers Rental Service had the following items that require adjustment at year-end.
    11·1 answer
  • The City of Lawrence opens a solid waste landfill in 2017 that is at 54 percent of capacity on December 31, 2017. The city had i
    5·1 answer
  • Assets Liabilities
    7·1 answer
  • Item8 4 points Time Remaining 44 minutes 36 seconds00:44:36 Item 8 Time Remaining 44 minutes 36 seconds00:44:36 Information for
    14·1 answer
  • The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is cal
    12·1 answer
  • A new pair of sneakers costs $70 now. what is the cost of the shoes 5 years from now if the price increases 8% per year?
    9·1 answer
  • If an economy maintains a small rate of growth for a long period of time, then the size of the economy?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!