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fenix001 [56]
3 years ago
14

What is the difference between sole proprietor and partnership?

Business
1 answer:
sveticcg [70]3 years ago
3 0

Answer:

A sole proprietorship is a person who owns the business and is personally responsible for its debts. It is not a legal entity.

A partnership partnership shares the responsibilities, resources, and losses

Explanation:

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write a journal post with three things you might be able to do to go to college (or any other option you are considering after h
White raven [17]

Answer:

You can apply for scholarships, work in high school, and receive grants.

Explanation:

You can possibly graduate college without debt or little money owed back to a bank.

The first option is a scholarship, this money is usually only offered from a range of $500-fully paid tuition. You may have to apply to hundreds before you are granted some but they are offered from freshmen in high school all the way to almost graduating college.

Your second option is working,  sophomore year is when you'd be able to get a job the earliest. Every paycheck you save about 20%, work all the way through college and you can save enough to pay for your first year, possibly second year of college. You could also work while you're a full-time student, it'd be hard work but it can be done.

Your third option, but not last is to apply for grants. This is basically free money, they differ from scholarships though. You do not have to pay grants back, and you can get sponsored by companies to pay your way through college.

6 0
3 years ago
Althea, a brilliant new ph.d. in economics, has turned down many job offers because she hopes eventually to teach at one of the
iren2701 [21]

The type of unemployment that Althea is experiencing is called the frictional unemployment. Usually this occurs if there is a mismatch between the employer and the worker. In relation to Althea’s situation, there is “mismatch” because she prefers to teach at one of the top 10 universities in her field despite receiving many job offers. In simpler terms, Althea is looking for a better opportunity on the top 10 universities. 

4 0
3 years ago
Blue Inc. has decided to raise additional capital by issuing $185,000 face value of bonds with a coupon rate of 10%. In discussi
Olin [163]

Answer:

a)

Cash debit : $150000

Debit discount on BP : $65000

Credit BP : $185000

Credit Paid-in Capital- Stock Warrants : $30000

b)

Cash debit : $150000

Debit discount on BP : $35000

Credit BP : $185000

Explanation:

Given that:

Issuance price = $150000, value of bonds without warrants = $126400, value of warrants = $31600,

Face value = $185000

a)

value assigned to bonds= [value of bonds without warrants/(value of bonds without warrants + value of warrants)] * issue price = [126400/(126400 + 31600)] * 1500000 = 126400 / 158000 * 150000 = $120000

value assigned to warrants = [value of warrants/(value of bonds without warrants+value of warrants)] * issue price = 31600 / (126400 + 31600) * 150000 = 31600 / 158000 * 150000 = $30000

Cash debit = Issuance price = $150000

Debit discount on BP = Face value - value assigned to bonds = $185000 - $120000 = $65000

Credit BP = face value = $185000

Credit Paid-in Capital- Stock Warrants = value assigned to warrants = $30000

b)

Cash debit = Issuance price = $150000

Debit discount on BP = Face value - issuance price = $185000 - $150000 = $35000

Credit BP = face value = $185000

8 0
3 years ago
Americans are increasingly concerned about health and wellness, creating an opportunity for adidas to present the Boost shoe lin
arlik [135]
Where is the multiple choice
5 0
4 years ago
Mary Cooper just purchased 180 shares in the All-American Fidelity Fund. The purchase cost for each share was $13. If this fund
Delvig [45]

Answer:

Cost of purchasing the shares = 180 x $13 = $2,340

Commission = 3% x $2,340 = $70.20

Explanation:

In this case, we need to calculate the cost of purchasing the shares. Thereafter, we will calculate commission based on 3% load (3% of $2,340).

3 0
4 years ago
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