<h2>Let us understand the definition to shoot the question for better understanding.</h2>
Explanation:
Sole Proprietorship:
- Owned by single person
- One person responsible for liable and business
- Simple to form
- Nominal cost
Corporations:
- Legal entities
- Shared by shareholders
- More complex type
- Used for large business
Partnership:
- Shared by two or more people
- Types :general partnerships, limited partnerships, joint ventures
Questions: (reason not required as you can self-understand)
- Are you going to own by oneself or shared?
- Can you manage if you own with oneself?
- What is your budget?
- Do you want to make simple legal procedures?
- Which type of partnership you prefer?
- Do you now the "pros and cons" of each one?
Answer:
B. $19,687 mil
Explanation:
The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).
Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.
This 15% of income = $2,953 mil
Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil
(ﾉ◕ヮ◕)ﾉ*:･ﾟ✧ ✧ﾟ･: *ヽ(◕ヮ◕ヽ)
La NIC 2 define los inventarios como activos que son: mantenidos para la venta en el curso normal del negocio, en el proceso de producción para dicha venta, o. en forma de materiales o insumos para ser consumidos en el proceso de producción o prestación de servicios.
Answer:
The answer is: True
Explanation:
Strategic positioning refers to carrying out activities that will differentiate your business from its competition.
By offering weekly workshops, Johnson's Fruit Farm is developing a core competency which will help them gain competitive advantage over other stores in their county.
Answer:
D
Explanation:
ys Inventory turnover 6.7 Fixed asset turnover 12.1 Total assets turnover 3.00 Return on sales 1.20% Return on assets 3.60% Return on equity 9.00% Debt ratio 55% 2. Discuss HH's strengths and weaknesses as revealed by your analysis. 3. Suppose HH doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis
