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Effectus [21]
3 years ago
14

explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital

would be good for a proprietorship
Business
1 answer:
koban [17]3 years ago
4 0

A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.

This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.

Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.

Learn more about sole proprietorship here:

brainly.com/question/4442710

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The factors that need to be determined to compute depreciation are an asset's: a. Cost, residual value, and physical life. b. Fa
lakkis [162]

Answer:

Cost, residual value, and service life

Explanation:

The computation of depreciation requires three (3) inputs.

Cost: the acquisition cost of the asset

Residual value: the value at which the asset will be sold

Service life: the number of years the assets will be used by a company (also known as useful life).

Thus Depreciation = \frac{Cost - Residual Value}{Service Life}

Physical life will be inappropriate because the physical life includes not only the useful life of the asset in a company, but also the life of the asset when it is sold.

The fair value of an comes into play when the asset is revalued, usually for a sale. Replacement value is similar to fair value as it is the market value of the asset at a given point in time.

7 0
3 years ago
Select the correct answer. Marketers use what kind of data validation to ascertain the reliability of secondary data? A. time se
myrzilka [38]

Marketers use this kind of data validation:

A. time series sales model

Explanation:

The time series sales model usually works for marketing campaigns because ultimately the marketeer wants to understand how many sales are being converted from primary and secondary sources.

This then leads to the cost and result assessment of the firm.

So, the time series sales model tells when how many sales are being done with some semblance of a filter for the secondary sources from the data of the marketer that they would have.

7 0
3 years ago
Read 2 more answers
A firm's good reputation for quality customer service is categorized as its _____
Inga [223]
The answer for this question is: Intangible resource
Intangible resource is a type of resource owned by a company that cannot be measured by number and do not have physical form.
Another example for an intangible resource is: employee's loyalty, Human Development within the company,  employee's motivation, etc.
8 0
4 years ago
Additional coverage can be added to a whole life policy by adding blank
natta225 [31]

Answer:the answer is B because that’s right

Explanation:

3 0
3 years ago
When the economy is in a recession, the government can use expansionary fiscal policy to stimulate and encourage economic growth
musickatia [10]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

7 0
4 years ago
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