First Stage: Sole Proprietorship
In the early stage of development, Troy Smith started
Sonic as sole proprietorship. The advantage in this stage was that he was
making all business decisions to himself. While the disadvantage was that he
was not having help with things when needed thus causing his first ventures to
fail
Second stage: Partnership
The advantage in this scenario was that Troy Smith is now
having help with things like and he can focus his attention in improving the
business operations while his partner focus primarily on sales. The greatest
disadvantage now is that he has to share the profits of the business.
Third stage: Franchise
The business can now continue to grow while maintaining all
the same qualities the company was started with. The disadvantage would now be
Troy Smith would have limited control over the success of that particular
franchise.
Answer:
Credit card float is the difference in time between the date of purchase and date when the payment is due.
Credit card Float = 54 days
Explanation:
The purchase date is the 1st January but the has only reflected on the credit card on the 3rd but date of purchase remains the 1st.
This is exactly like in depreciation 'available for use date' and 'date of use'
available for use is used to calculate depreciation, so we start on the purchase date.
on the date when payment is due
we have 25th of Feb and the 23rd of Feb the date of payment
we take 23rd the date of payment
just like in assets if an asset has a useful life of 3 years and is sold in the two years the only depreciation or accumulated depreciation we reflect is for the years before it is sold.
Therefore the float period is between 1 jan and 23 feb = 54days
A GEOLOGIC map shows what the rocks in an area are and what they are made of.
". . . . . . <span> the maps we know best </span>show<span> the distribution of roads or rivers or county boundaries, a </span>geologic map shows<span> the distribution of geologic features, including different kinds of </span>rocks<span> and faults."</span>
Answer:
Janice is a public accountant
Explanation:
Public accounting refers to a business that provides its services to other firms at large. By Janice being the owner of such firm she is referred to an accountant that provides her services to the public and she can also be referred to as a certified public accountant
Honestly not really unless youre into match or something like that but match is basically just a app that most people use to find casual sex.