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
____ [38]
3 years ago
6

How is the Sole Trading formed?

Business
1 answer:
daser333 [38]3 years ago
4 0

Answer:

A sole proprietorship is established when an owner begins operating their business.

Explanation:

There are no separate licenses to obtain to form a sole proprietorship. The sole proprietorship will be maintained so long as the owner keeps doing business.

You might be interested in
Warren Company has taken a position in its tax return to claim a tax credit of $30 million (direct reduction in taxes payable) a
olga_2 [115]

Answer:

C) $84 million

Explanation:

Given that:

Taxable income = $255 million

Tax credit = $30 million

Tax rate = 40% = 0.4

Therefore, Tax payable = (Tax income × Tax rate) - Tax credit = ($255 million × 0.4) - $30 million tax credit = $72 million.

Since  Warren believes the likelihood that a $30 million is sustained is 25%, and the likelihood that an $18 million is sustained is 30%, the total likelihood = (25% + 35% = 55% > 50%)

Therefore the liability for uncertain tax positions = $30 million - $18 million = $12 million.

Warrens income tax expense for the year = Tax payable +  uncertain tax positions = $72 million + $12 million = $84 million.

8 0
3 years ago
I need help with answer 2 please
Nataly_w [17]

Answer:

nmbnjbn Inuit bolly fun tv. bolly fun tv. Mam english

hiihjkjnk ihl8 ghoul bolly fun tv by by see and science i 569 if

6 0
3 years ago
The financial statement that shows the beginning balance of retained earnings; the changes in retained earnings that resulted fr
azamat

Answer:

e. Statement of retained earnings.

Explanation:

Statement of retained earnings -

It refers to the financial statement , that defines the alterations in the retained earning , for a particular time period , is referred to as the Statement of retained earnings .

The statement mention  the beginning and the ending retained earnings in the given time frame , which helps to calculates the corporate profit .

Hence , from the given information of the question,

The correct option is e. Statement of retained earnings .

8 0
3 years ago
What is accountability
Rama09 [41]

Accountability is a promise that a person or a group will be judged on how they perform or behave in relation to anything for which they are accountable.

Though more from the standpoint of oversight, the phrase refers to accountability. For instance, an employee might be in charge of making sure that a response to an RFP (request for proposals) complies with all the standards. Consequences may or may not occur if the work is not completed satisfactorily. Accountability, on the other hand, indicates that the worker is required to successfully complete the task and will need to at least justify their failure.

Learn more about Accountability here

brainly.com/question/980342

#SPJ10

5 0
2 years ago
In 2009 and 2010 Toyota had to recall millions of automobiles due to uncontrollable acceleration. This recall forced upper-level
Afina-wow [57]

Answer: I would recommend Toyota to begin from  Step 2,

Explanation:

Toyota should start from start at stage 2 assess the current reality so that they can move to stage 3 formulate a new grand strategy, implement the new strategy and maintain strategic control.

Toyota Strategy to focus on profit did not work out, the company ended up producing sub standard vehicles. Toyota should Assess the current reality and formulate a new Grand Strategy that will not only focus on profit .

8 0
4 years ago
Other questions:
  • An online savings account A) offers lower interest rates because it costs more money to maintain the online site B) offers highe
    14·1 answer
  • Country Western Clothing Outfitters is considering investing in an inventory tracking system. The system will require $10,300 in
    6·1 answer
  • You own a $58,600 portfolio comprised of four stocks. the values of stocks a, b, and c are $11,200, $17,400, and $20,400, respec
    10·1 answer
  • You're more likely to be effective if you begin with "harder" tactics and move to "softer" tactics only if the harder tactics fa
    14·1 answer
  • You plan to purchase a $360,000 house using either a 30-year mortgage obtained from your local savings bank with a rate of 8.60
    6·1 answer
  • Jana completed an informational interview with a preschool teacher in her area. She wants to write a thank-you letter. What shou
    15·1 answer
  • Simon, the CEO of a consumer electronics firm, receives a huge positive response from the industry experts and consumers for int
    14·1 answer
  • Burton corp. is growing quickly. dividends are expected to grow at a rate of 28 percent for the next three years, with the growt
    8·2 answers
  • What types of businesses are likely to have an informal corporate culture?
    7·2 answers
  • Question Content AreaDecisions to install new equipment, replace old equipment, and purchase or construct a new building are exa
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!