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Nookie1986 [14]
2 years ago
5

Explain sole proprietorship​

Business
1 answer:
jonny [76]2 years ago
6 0

Explanation:

A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the sole member of a domestic limited liability company (LLC), you are not a sole proprietor if you elect to treat the LLC as a corporation.sole proprietorship is a business that can be owned and controlled by an individual, a company or a limited liability partnership. There are no partners in the business. The legal status of a sole proprietorship can be defined as follows: It is not a separate legal entity from the business owner.

<em><u>Hope</u></em><em><u> </u></em><em><u>this</u></em><em><u> </u></em><em><u>helps</u></em><em><u> </u></em><em><u>you</u></em><em><u>!</u></em><em><u>!</u></em>

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Which two items influence the success and failure of transportation businesses?
frosja888 [35]

Answer: c. Globalization and manufacturing

Explanation:

Globalization could be defined as the scenario where a business develops the international audience or market it needs for its business.

Globalization and manufacturing affect the transportation system due to some countries are very much developed to carry out efficient business while some are not ready, then production, some countries are ready and have adapted to excellent measures in production and easy transporting of them globally while those which have not trial behind when they can't meet up.

3 0
3 years ago
P. Jameson Co. sold $500 of merchandise on Master Card credit sales. The net cash receipts from the sale are immediately deposit
Alchen [17]

Answer:

The journal entry would be as follows:

Account                                  Debit           Credit

Cash                                       $480

Sales Revenue                                           $500

Credit Card Expense                                 $20

The Credit Card Expense corresponds to the 4% fee that Master Card charged P. Jameson Co. ($500 x 20% = $20)

4 0
3 years ago
If you have 1-year rate is 8%, 2-year rate is 9%, and 3-year rate is 10%. Assume that the pure expectations theory for the term
e-lub [12.9K]

Answer:

1 year rate 2 year from now = 12%  (Approx)

Explanation:

Given:

1-year rate = 8%

2-year rate = 9%

3-year rate = 10%

Computation:

According to Pure Expectations Hypothesis,

(1 + 3-year rate)³ = (1 + 2-year rate)² (1 + 1 year rate 2 year from now)

(1.10)³ = (1 + 1.09)²(1 + 1 year rate 2 year from now)

1.331 = 1.1881 (1 + 1 year rate 2 year from now)

(1 + 1 year rate 2 year from now)  = 1.12

1 year rate 2 year from now = 0.12

1 year rate 2 year from now = 12%  (Approx)

3 0
3 years ago
North america is about 80% urbanized. this mean that about 75% of north american
777dan777 [17]
<span>North america is about 80% urbanized. this mean that about 75% of north american people live in cities. also the population is very less compared to the land area. May be people would prefer to live in urban areas rather living in rural or forest areas. this condition is helpful in preserving forest and natural resources. the only problem is the quality of living in urban areas will be poor compared to rural areas.</span>
8 0
3 years ago
Jeff deposits $3,000 into an account which pays 5 percent interest, compounded annually. At the same time, Kurt deposits $3,000
VashaNatasha [74]

Answer:

Kurt will have a smaller account value than Jeff will

Explanation:

The formula for calculating future value = A (B / r)

B = [(1 + r)^n] - 1

Jeff : $3000 x [(1.05^3 - 1 ) / 0.05] = $9457.50

Kurt :$3000 x [(1.03^3 - 1 ) / 0.03] = $9272.70

Jeff would have a higher account value than Kurt

8 0
3 years ago
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