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Yuri [45]
3 years ago
12

The Parvizians own several oriental rug stores in and around the Washington, DC, metropolitan area. It is expected that as each

of the brothers have children they will grow up and take part in the business too. The members of the family are considered__________ a. sole proprietors b. partners c. private investors d. employee owners
Business
1 answer:
Alex777 [14]3 years ago
6 0

Answer:

The correct answer is (b)

Explanation:

It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses.  It is also known as a family-owned business where two or more family members run a business and act as business partners.

You might be interested in
Value Electronics, Inc. started its operations on January 1, 2019.
elixir [45]

Answer:

The first step in operating cycle would be to purchase inventory from vendors.

The correct answer is D

Explanation:

The steps involved in operating cycle includes:

1. Purchase of inventory from vendors

2. Sale of goods to customers

3. Recording of sales in accounts                                                    

4. Collection of cash from customers                                

3 0
3 years ago
what is the present value of $500 recieved at the end of each year for 15 years? ( assume thatt the first patyment is recieved a
Eva8 [605]

Answer:

$3800

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow fromyear 1 to 15 = 500

I = 10%

PV = 3800

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

4 0
2 years ago
Joseph wants to open up a skateboard shop with his cousin Billy. He would like for them to own and operate the shop equally. Wha
Olegator [25]

This would be a general partnership because both parties are responsible equally.

6 0
3 years ago
Read 2 more answers
The benefits of a strategic business plan do not include _____.:
djyliett [7]

Answer:

Early precautionary measures of trouble ahead can not be issued.

Explanation:

Since a strategic strategy maps out a path for the organisation to follow, it will enable it tighten its attention in order to get somewhere. Therefore, strategic preparation will help the organisation create the best priorities and strategies and help others concentrate their energies on achieving them.

8 0
3 years ago
What is the diffrence between actual and proposed selling price
Orlov [11]

Actual means the real selling price for the product paid by the customer whereas proposed selling price is the price which was suggested to be set for the product.

4 0
3 years ago
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