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Reil [10]
2 years ago
7

There are 20 owners for McJellies, Inc. None of those owners are personally financially liable for the company. What type of bus

iness is this?
- Sole Proprietorship
- Corporation
- Partnership
Business
1 answer:
SVEN [57.7K]2 years ago
6 0

Answer:

- Corporation

Explanation:

At least two people are required to form a corporation. The owners of a corporation are treated as separate entities from the business. The owners, also known as shareholders, enjoy limited liabilities to the debts of the corporation. In case of a liquidation, they cannot lose more than their capital contribution.

A sole proprietorship is owned by one person, but a partnership requires at least two people to form. The owners of sole proprietorships and partnerships have unlimited liabilities to the debts of their businesses. Should the businesses fail in meeting their obligations, owners' personal assets can be used to settle the outstanding debts.

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a fast food restaurant is an example of part 2 a. high customization and low degree of labor. b. high customization and high deg
Radda [10]

A fast-food restaurant is an example of a low-degree of labor and low-customization. The correct answer is D.

<h3>What is a fast-food restaurant?</h3>

A fast food restaurant is a type of eatery that offers fast food cuisine and provides minimal table service. Fast food restaurant  sometimes referred to as "quick-service restaurants" or QSR in the industry. Fast food is famous since it is cheap, convenient, and delicious. Fast food may contain refined grains rather than whole grains, cholesterol, saturated fat, and extra sugar. Fast food cuisine may also be rich in sodium or salt, which is used as a preservation agent and enhances the flavor and satisfaction of meals.

Learn More

  • Learn more about the fast food industry now employs some of the most disadvantaged members of American society here brainly.com/question/27732956

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4 0
1 year ago
Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its accounting period, December 31, Year 1
Nataliya [291]

Answer:

The net income for Year 2 is $ 114,482

Explanation:

Accounting Equation is used in order to calculate the closing capital figure of Year 1 and Year 2:

Assets=Liabilities + Equity.

we can rearrange the formula as Assets-Liabilities = Equity

  • So in Year 1. the closing capital is: $910,049-$274,794 = $635,255.
  • In Year 2. the closing capital is : $988,160-$234,792 = $ 753,368

Now we can construct an equation to drive net income of year to by means of balancing figure:

Opening capital year 1:            $635,255

+ Additional Capital in Year 2: $28,651

-Drawing in year 2:                   $(25,020)

Net Income(Balancing figure)   <u>$114,482</u>              

Closing Capital Year 2:            $ 753,368              

7 0
2 years ago
Read 2 more answers
Free cash flow describes the net cash provided by operating activities after adjusting for A : current liabilities. B : both cap
Nikolay [14]

Answer:

The answer is B, both capital expenditure and dividends paid.

Explanation:

In the Statement os Cash Flow, cash provided by operating activities fails to take into account that a company must invest in a new property, plant, and equipment and must maintain dividends at current levels to satisfy investors.

Free cash flow describer the net cash provided by operating activities after adjusting for capital expenditures and dividens paid.

7 0
2 years ago
According to Ari Wallach, what is short-termism, and why is it a problem?
Ostrovityanka [42]

Answer:

<em><u>short-termism </u></em>

Is the acting upon short term vision of the needs and problems that must be addressed. It is a problem because the vision that is important is the Long path vision.

<em><u>What is “longpath” and why did Wallach develop the concept?  </u></em>

Is a concept that combines long term vision and goal oriented. Wallach develop that concept as he did not find a term that frame what is intended in the long run that was goal oriented.

<em><u>Briefly discuss each of the three ways of thinking that Wallach describes.  </u></em>

Transgenerational thinking: Thinking the impact of your actions in the future generations to come.  

Futures thinking: The future is not related only with better technology but with how will human relationships, moral, art and feelings like compassion will evolve.

Telos thinking: This is an invitation to think having in mind what is the "ultimate aim" of our actions as little of they might be. It is important to raise the question: how this action that I am doing now will impact or change the future in 20,50 or 100 years to come.

<em><u>How does Wallach relate the future to a part of speech? </u></em>

Wallach make a link between Thomas Khun quote: “People don’t shift unless they have a vision of what it is they’re shifting to.” an Martin Luther King Speech of "I Have a Dream" he says that that speech is successful as it shows what is the vision of what a dream must looks like

3 0
2 years ago
The brinton clothing company wants to create and build brand awareness. It would use ________ advertising.
dolphi86 [110]

Answer:

Informative

Explanation:

It would use <u>informative</u> advertising

6 0
1 year ago
Read 2 more answers
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