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sammy [17]
4 years ago
15

Jovi's Corner, a toy store, abruptly closes down after the death of its owner. Without an heir or an experienced person to manag

e the store, Jovi's Corner is shut down, and the property is sold off to another party. The profits are donated to an orphanage. In the given scenario, Jovi's Corner is most likely an example of a _____.
Business
2 answers:
azamat4 years ago
5 0

Answer: The correct answer is "sole proprietorship".

Explanation:  The profits are donated to an orphanage. In the given scenario, Jovi's Corner is most likely an example of a <u>sole proprietorship.</u>

Clearly Jovi's Corner is an example of sole proprietorship since at the death of its owner there was no heir to manage the store or any partner or employee who had sufficient capacity and interest to continue managing the store.

lorasvet [3.4K]4 years ago
4 0

Answer:

The correct answer is: sole proprietorship.

Explanation:

A sole proprietorship is not considered an entity. Sole proprietorship refers to the fact that a person owns a business and is fully liable for its operations. Sole proprietorships do not continue operations after the decease of the owner when the proprietorship loses all its value.

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Eric works at an electronics store in a mall. Eric doesn't like to work hard, and it costs him $100 to do so. Eric's employer ca
SCORPION-xisa [38]

Answer: work hard; $65; less; $85

Explanation:

The following can be deduced from the question:

The Expected profit from working hard will be:

= (90% × $200) + (10% × $50)

= (0.9 × $200) + (0.1 × $50)

= $180 + $5

= $185

Then, the profit will be the difference between revenue and coat which will be:

= $185 - $100

= $85

Then, the expected profit from shirking will be:

= (90% × $50) + (10% × $200)

= (0.90 × $50) + (0.10 × $200)

= $45 + $20

= $65

Then, the profit will be:

= $65 - $0

= $65

Eric will (work hard) because the net gain of ($65) from shirking is (less) than the net gain of ($85) from working hard.

7 0
3 years ago
On January 1, 2020, Hage Corporation granted incentive stock options to purchase 26,000 of its common shares at $7 each. The opt
malfutka [58]

Answer:

223,250 shares

Explanation:

proceeds from the exercise of options

= 26000 × 7 =                                                                                 182,000

used to repurchase common stock at market price

182,000 ÷ 8 =                                                                                   22,750

shares outstanding march 31, 2021          

                                                                                                      220,000

shares to be used in cal diluted EPS;

(26,000 - 22750) + 220,000                                                       223,250‬

       

No. of Shares for computing Diluted Earning per share = 223,250 shares

5 0
4 years ago
Which is NOT one of the similarity between projects and operations Both are Performed by Individuals Both are Limited by constra
bonufazy [111]

Answer:

Both are ongoing

Explanation:

Remember, projects do not go on forever. Rather, projects are usually marked by deadlines. However, operations are simply ongoing activities in which resources are planned, executed, monitored and controlled by individuals.

which may be constrain

A none similarity between projects and operations is that, they both are not ongoing .

5 0
4 years ago
As manager of Kids Skids, Meghan wants to develop her relationship management skills. In order to do this, she learns how to
larisa86 [58]

As manager of Kids Skids, Meghan wants to develop her relationship management skills. In order to do this, she learns how to communicate better with other people, learn about different learning styles, understand diversity and how it pertains to relationship building. By learning skills and focusing on how her communication skills very based on different people are, she is likely to become a better leader. When Meghan understands how to be an effective leader and use her management skills, she will have a better flow in the workplace.

3 0
3 years ago
The results for conventional and activity-based costing (ABC) computations will be the same as long as: a.the levels of activity
aniked [119]

Answer:

d.the levels of activity for non-unit based cost drivers remain the same.

Explanation:

In the case of conventional and activity based costing calculations,  the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same

Thus as per the given scenario, the option d is correct

And, the rest of the options seems incorrect

4 0
3 years ago
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