Corporations provide two major benefits over a sole-proprietorship.
1. Corporations are taxed at a different rate than individual incomes. Sole-props are taxed altogether, which can create more tax burden for the owner.
2. Corporations assume all the risk and protect its owners' assets from damages. Sole-props assume all responsibility for the business and all their assets are subject to damages.
Answer:
it serves as a medium of exchange
Explanation:
<em>Money facilitates trades because it serves as a medium of exchange.</em>
<u>Trade generally involves the exchange of goods/services for another goods/services or money. The exchange of goods/services for another goods/services is termed trade by barter.</u>
Generally, all over the world, money is recognized as a medium of exchange. Each good/service can easily be evaluated in terms of money and the amount is exchanged during trading.
Answer:
Explanation:
Probability of selecting a bag contain merchandise worth 50 cents is 9/20 = 0.45
Probability of selecting a bag contain merchandise worth $2.25 is 8/20 = 0.4
Probability of selecting a bag contain merchandise worth $5 is 3/20 = 0.15
Expected gain/loss = 0.45*9 + 0.4*8 + 0.15*3 - 3 = 4.05+3.2+0.45 -3 = 4.7
Hence there is expected gain of 4.7
There are ways to treat a customer. Customer response time is the time taken for a good to be delivered or a service to be performed.
<h3>What is Customer response time?</h3>
Customer response time is known to be the timeframe or period between the placement of a said order and the date of the delivery goods or services.
It is also known as the time between when a customer is said to makes a certain inquiry about a specific product or make a purchase of good or service and when it is said to be received by the customer.
Learn more about Customer from
brainly.com/question/26313265
Answer:
Average cost units in inventory=$1,205
Explanation:
August 8
Weighted average cost in August 8
=( (2 × 100 )+ (3 × 250))/5=$190
Cost of goods sold in August 15 = 190× 3= 570
Balance in inventory in August 15 = 950
- 570 =380
Weighted average cost in August 25 = 380 + (3* 275)/(2+3)= 241 per
Average cost of units = $241 per unit
Average cost units in inventory in August 25= $241×5
=1205
Average cost units in inventory=$1,205
