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kap26 [50]
2 years ago
10

Alejandro recently established a maintenance company as a sole proprietorship. He

Business
1 answer:
yuradex [85]2 years ago
5 0

Answer:

Alejandro is liable for all of the damages since the owner of a sole proprietorship does not have limited liability.

Explanation:

Sole proprietorship does not have limited liability so the owner is responsible for everything. Also I just took the quiz.

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6 . How shifts in demand and supply affect equilibrium Consider the market for pens. Suppose that the number of students with an
Tresset [83]

Answer:

Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school.

  • This will shift the demand curve to the right, increasing the total demand at all price levels.

Moreover, the price of ink, an important input in pen production, has increased considerably.

  • This will shift the supply curve to the left, increasing the price of pens at every demand level.

What is sure is that the price of pens will increase. It is likely that the quantity demanded increases, but the extent by which the quantity demanded will increase is unknown.

5 0
3 years ago
Assuming the company uses US GAAP standards, what is the total cash flow from financing activities?
saveliy_v [14]

Answer:

$30

Explanation:

The cash flows from financing activities will include:

+ issuance of preferred stock

+ issuance of bonds

- paid off long-term bank borrowings

- repurchase of common stock

- dividends paid

cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30

The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.

6 0
3 years ago
The accounts receivable balance is $1,000,000. After adjustment, the allowance for doubtful account balance is $40,000. Net Sale
larisa86 [58]

Answer:

$960,000

Explanation:

The net realizable value is the total cash that the company will expect to receive from their accounts receivable. The net realizable value (NRV) can be determined by:

NRV = total accounts receivable - allowance for doubtful accounts = $1,000,000 - $40,000 = $960,000

3 0
3 years ago
Read 2 more answers
Economic cost can best be defined as Multiple Choice any contractual obligation that results in a flow of money expenditures fro
Novay_Z [31]

Answer:

The income the firm must provide to resource suppliers to attract resources from alternative uses.

Explanation:

Economic cost refers to the cost that is attached with the goods and it is attach by one of the individual. It takes into account various factors such as time, money and other costs.

Economic cost is differ from the accounting cost because accounting cost only includes explicit costs but economic cost includes both explicit costs and implicit costs (opportunity costs).  

7 0
3 years ago
Are the consequences of your decision something you can live with and feel proud of when other people find out? Why or why not?
aivan3 [116]
At the end of the day people need to respects everyone’s decisions because it always has consequences depending on what they did , if someone is doing so good then they should feel proud it can be so many things it could be people that have mental issues and it stops them from doing some stuff but then they do something for them to feel good breaking the cycle , like there’s other who choose to do bad stuff now some people think is okay but it’s really not and consequences will always be there
8 0
3 years ago
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