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uysha [10]
2 years ago
5

Am 16 years old and I love little kids. I like to organize special events—like birthday parties for children. I have decided tha

t a great way to earn extra money is to provide families with children’s birthday parties for a modest fee. I do it all—arrange the food, supply the music, decorate the party room, play games, give away small prizes, even play the part of Bongo, the Birthday Clown. Families I know love the idea. I have an advertising plan figured out, with posters to put up at the local grocery stores.
What type of business organization do you recommend? Why?
Business
1 answer:
inessss [21]2 years ago
6 0

The type of business organization recommended in this case is the sole proprietorship, which is a business managed by a single person, with greater facilities to start up.

<h3 /><h3>Sole Proprietorship characteristics</h3>

It is owned and managed by only one person, with no legal distinction between the company and the owner, that is, it is an unincorporated company, whose owner is responsible for paying personal income taxes on the company's profits.

Therefore, the advantages of a sole proprietorship are the reduction of bureaucracy and interest rates, giving the owner greater possibility of creating and maintaining the business.

Find out more about Sole Proprietorship here:

brainly.com/question/4442710

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Hart Company has the following activities in 2012. The company had total cash sales of $2,000. During the year they incurred and
Irina18 [472]

Answer:

$500

Explanation:

              2012 Income Statement

Revenue                                            $2,000

<u>Expenses</u>

Wages incurred and paid  $500

Salaries                               $400

Interest on bank loans       <u>$600</u>    <u>$1,500</u>

Net Income                                       <u>$500  </u>

So, the amount of $500 will be shown as Net Income on the 2012 Income Statement.

6 0
3 years ago
Help help help help
Anna35 [415]

Based on the different types of compensation and their determination, the following are true:

  • Wages - Paid by the Hour - Sarah's direct deposit.
  • Commission -  A percentage of sales - Lucinda's percentage.
  • Salary - Calculated weekly or monthly - Frank's overtime pay.  
  • Bonuses - For performance - Janet's Low Sales.
  • Profit sharing - Based on Co. earnings - Robert's year end reward.

<h3>Types of compensation </h3>

Wages are calculated by the hour and then paid to the relevant employee sometimes in cash or by direct debit. Commissions are a percentage of sales.

Salaries are calculate monthly or weekly and include overtime. Bonuses are based on performance so people who don't perform well don't get much. Profit sharing depends on how much a company makes in a year and are distributed at the end of the year.

Find out more on compensation types at brainly.com/question/6480493.

3 0
2 years ago
Which best describes the difference between stocks and bonds?
strojnjashka [21]
The option that best describes the difference between stocks and bonds is <span>B.</span><span> Stocks allow investors to own a portion of the company; bonds are loans to the company.
When you have stocks, it means that you bought one "part" of a company, and in case that company gets sold one day, you will get a profit for what you bought. Bonds are quite the opposite - it is the money a company borrows from someone in order to pay something.</span>
6 0
4 years ago
Read 2 more answers
Under variable costing, costs that are treated as period costs include: A. only fixed manufacturing costs. B. both variable and
kiruha [24]

Answer:

C. all fixed costs.

Explanation:

Under variable costing, all fixed cost are period cost. This make them non-capitalizable

Are treated as expenses and impact entirely on the net income

In other method some fixed cost are capitalzied through inventory but, in variable costing is not the case.

The only capitalized cost are the variable cost using this method.

5 0
3 years ago
In a business message, the function of a call to action is to
kvv77 [185]

The function of a call to action is to represent what actually you want the audience to do.

The following information related to the call to action is:

  • It is the portion of the message that informs the audience what exactly they have done.
  • In the case when it should be written correctly so it should be feel inspired for doing it.

Therefore, the other options are correct

Thus, we can conclude that the function of a call to action is to represent what actually you want the audience to do.

Learn more about the message here: brainly.com/question/7723255

5 0
3 years ago
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