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
Soloha48 [4]
3 years ago
13

How is the Sole Trading business financed?

Business
1 answer:
belka [17]3 years ago
8 0

Answer:

Sources of Finance for a Sole Trader

The sole trader can invest his own savings into his business for expansion. Retained Profit. A profitable business generates a positive net income every year. Sale of Assets.

You might be interested in
Pretend you make $750 worth of purchases on your credit card, your bill arrives saying your minimum payment
Arte-miy333 [17]

Answer and Explanation:

You will be charged credit card interest on the outstanding balance. Your credit card interest is added to your outstanding balance for each day past your due date of payment(after the month you didn't pay the full amount)

You made a purchase of $750 and paid $150 and so you have an outstanding balance of $600. This outstanding balance will be charged interest on daily basis. Let's assume your APR(your annual interest over 12 months) is 24%, your interest is broken down into months and then days. Your monthly interest is therefore 24/12= 2% and your daily interest = 0.02/30 = 0.00067= 0.0067% per day.

Based on this assumption, you will be charged 0.0067% interest on your outstanding balance each day till you make full payment(interest + outstanding balance)

8 0
3 years ago
The rise in the number of mini-multinationals means that Group of answer choices there is greater state involvement in industry.
cluponka [151]

Answer:

small businesses are becoming increasingly involved in international trade and investment.

Explanation:

Even though the term mini-multinational corporation seems like an oxymoron, it is not. Mini-multinational corporations are medium (or even small) size companies that start to operate in more than 1 country and generally reach out to whole geographic regions, e.g. Central America, the Mercosur in South America, Southern Asia.

Even though when we hear the term small business we might think about a family restaurant or store, or a small bakery, legally, businesses are considered small if they have generally less than 500 employees (which is actually a lot of people) and their total sales are less than $35.5 million per year (which is also a lot).

Globalization and the internet has made it easier for small and medium sized businesses to start operating in more than one country since trade barriers have lowered significantly.

6 0
4 years ago
PLEASE ANSWER
rewona [7]

Global value chain

Explanation:

8 0
3 years ago
In double-entry bookkeeping, what goes in the left
Nadya [2.5K]

Answer:Double-entry bookkeeping, in accounting, is a system of bookkeeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry has two equal and corresponding sides known as debit and credit. The left-hand side is debit and right-hand side is credit.

Explanation:

5 0
3 years ago
A deed which conveys simply the grantor’s rights or interest in real estate, without any agreement or covenant as to the nature
mel-nik [20]

Answer:

The correct answer is Quitclaim deed.

Explanation:

A quitclaim deed is an executable document legally used to transfer property rights without having to provide any guarantee for the beneficiary or any that the assignor still owns the property. Basically, the transferor of a deed of resignation says: "I transfer my property rights, if I have any, to the beneficiary." With the minimal assistance of a lawyer, executing a waiver deed to transfer property rights can be simple and brief.

7 0
4 years ago
Other questions:
  • Automobile manufacturers are planning to adopt a new technology that will increase their overall productivity by 30%. As a resul
    5·1 answer
  • If the amount of uncollectible account expense is overstated at year enda. net income will be overstated.b. stockholders' equity
    14·1 answer
  • How do antitrust laws affect the circular flow of the free-market system?
    7·2 answers
  • The current capital structure of Amgel Manufacturing Company has 30% debt and 70% equity (based on market values). While the bet
    15·1 answer
  • If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then
    12·1 answer
  • A manufacturing company has total liabilities of $52,000 and total stockholders' equity of $75,000. What is the debt-to-equity r
    12·1 answer
  • An economist for the Brookings Institution argues that​ "a price on carbon would minimize the cost of steering economic activity
    13·1 answer
  • lark Bell started a personal financial planning business when he accepted $36,000 cash as advance payment for managing the finan
    9·1 answer
  • Jennings company has total assets of $445 million. its total liabilities are $120.5 million. its equity is $324.5 million. calcu
    7·1 answer
  • Rodrigo Tools, concerned about its loss of market share in previous years, has recently implemented several programs to encourag
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!