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 .
Answer:
The times interest earned ratio will reduce
Explanation:
The times interest earned ratio is a ratio that looks at how many times a companies earnings from operations can cover the loan interest it has to pay in a year.
It is calculated by the formula Earnings Before Interest and Tax divided by the interest expense.
Therefore looking at the scenario, if HCA increases its debt level by issuing a $1.53 billion bond, this will increase its interest expense significantly and the number of times its earnings will cover its interest expense will be remarkably lower.
Therefore the times interest earned ratio will reduce
<h3>Statement by Fallacy</h3>
"This work is driving me crazy!"
The above sentence is said by Fallacy a worker of a cafe in a busy shopping mall, She tries her best to serve the customers but the customers are quite rude and that is the reason why she said such a dialogue.
<h3>Customer Behaviour</h3>
Fallacy wants the customers to act kindly and be a little patient, but that is completely the opposite of what is reality.
She is unable to leave the job as it is a well paid job and she is not able to find another job that can pay her this much salary.
Learn more about Business at brainly.com/question/26675384
Answer:
A
B
C
D
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory
In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.
Because of the high net income reported under FIFO, tax paid would be the highest too
Answer:
Yeast Yeast is used in bread baking; it has a rapid doubling time of approximately 90 minutes. a. Find a model for the size of a yeast culture after t hours, given the original size was 2.5 teaspoons.
Explanation:
