The risk of loss of assets beyond the assets of the business is referred to as unlimited liability. It is one of the characteristics of a sole proprietorship.
A sole proprietorship is a form of business organisation is which only person owns the business.
Characteristics of a sole proprietorship
it is owned by one personthe business has unlimited liability. It means that the owner of the business is liable to the liabilities her business. the business usually lacks continuity. this type of business usually ceases to exist when the owner dies.Advantages of sole proprietorship
It is easy to establish. The business owner has complete control over the business.Disadvantages of sole proprietorship
The lifespan of the business is often limited to the lifespan of its owner. The owner has an unlimited liability.A similar question was answered here: https://brainly.com/question/21297889
1.) what is procrastination
2.) is it okay to reassess and adjust your goals?
Explanation:
1.procrastination is to delay something that you should do usually because you don't want to do it
2.No
True Stories Company sold the rights to a documentary film. They are expecting significant revenue in Year 1. The revenue stream is expected to decrease steadily until it reaches zero in Year 5. Based on this Which depreciation method should be used to most closely match the expense to the revenue stream the asset produces
The best depreciation method for this company is the double-declining-balance
In economics, depreciation occurs when a product gradually loses its value. The most common causes of depreciation are:
The product becomes obsoleteWear and tear of the productThe product's popularity decreasesMoreover, there are different methods to understand this decline in value that include:
Double-declining balanceStraight lineUnits-of-productionThe double-declining balance method implies depreciation is not constant over the years but as years pass the depreciation increases. This method applies to True Stories Company because it is expected the documentary film becomes less and less popular every year, and therefore depreciation is accelerated not constant.
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economics is the study of how limited resources are used to satisfy human wants. economists look at the causes and effects of the choices people make. list 3 decisions that you have made in the last 24 hours.
Answer:
whether I should buy 1killo of orange or 2killo banana
A fundamental law of nature states that the quantities of labor, capital, land, and entrepreneurial resources that can be employed to produce products and services are finite. It implies that there are a finite number of resources available to the economy at any given time to produce products and services.
What three problems must an economic system solve?It's possible to question and remove unsourced material. The three basic economic questions that must be addressed and resolved by economic systems as a sort of social system are: "How much and which alternative commodities and services shall be created?" and "What kinds and amounts of goods shall be produced." How should products be made?
Limitations on resources and insatiable human desire are the root causes of all economic issues. It develops as a result of a lack of resources that can be used in other ways. Each community must make choices about how to use its limited resources. In general, resource allocation is the main issue in an economy.
Thus, The amount of labor, money, land and entrepreneurial resources that can be used to create goods and services is limited, according to a fundamental rule of nature.
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with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
MarketingAccording to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.
The best type of strategy that Marriott needs to undertake would be a marketing strategy.
This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.
Therefore, the correct answer is marketing
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a piece rate worker is paid
Answer:
a fixed rate for each item produced or action performed
Explanation:
a little bit of research will take you right to the answer.
PLEASE HELP ASAP, I WILL MARK BRAINLIEST
-economics
The purpose of fractional reserve banking is to:
O A. prevent banks from charging unfair interest rates to small
businesses.
O B. combine the financial services of both commercial and retail
banks.
C. give banks the ability to make loans greater than the value of cash
deposhys.
D. give potential borrowers more options for securing short-term
bank loans.
Answer: A
Explanation:
it makes more sence
The purpose of fractional reserve banking is to prevent banks from charging unfair interest rates to small businesses. Thus, option A is correct.
What is fractional reserve banking?A fractional reserve banking system is one in which only a portion of bank deposits must be available for withdrawal. Banks only need a certain amount of cash on hand and can make loans using the money we deposit. By releasing cash for lending, fractional reserves help to boost the economy.
Banks can utilize cash (i.e., the majority of deposits) that would otherwise be unused and idle to create returns in the form of interest rates on new loans and therefore make more money available to build the economy.
Therefore, it prevents banks from charging unfair interest rates to small businesses.
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Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?
The "cost of good sold" is not recorded in the journal entry to record the cash receipt.
In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.
Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.
Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.
The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.
Therefore, the account which is not recorded is the "Cost of goods sold".
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what level of market coverage is typically used for products like honest tea beverages?
The level of market coverage that is been utilized in marketing some products such as honest tea beverages is Intensive distribution
Intensive distribution can be regarded as form of marketing strategy whereby a company tries to sell its product using small vendor and at times big store. It helps in the creation of brand awareness of the product which later result to higher sales. This method is been used fir products such as soft drinks, cigarettes.Therefore, Intensive distribution utilize retailers in distribution of goods
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what type of company purchases raw materials and makes goods to sell?
Answer: Manufacturers
What does SSQ stand for?
Answer:
Special Skills Qualification (most likely)
Explanation:
There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.
going to the movies is an example of what types of expenses?
the first step in the process of organizing a business is to
Answer:determine the work that needs to be done
Explanation:
why should the income statement be prepared first?
Answer:
cash of Aryas 500 withdrawn from the bank for office use find out debit and credit
please help me asap!
Answer:
1.answer is social media
what is the cost allocation method called that is used for natural resources?
Answer:
The process of allocating the cost of plant and equipment over the periods they are used to produce revenues is known as depreciation. For natural resources, this process is called depletion, and for intangible assets it is called amortization.
Explanation:
What pricing strategies do McDonalds use.
Betty's employees' performance is the lowest of the company. Most of Betty's employees have
been with the company less than 2 years. Those that have been with the company for more
than 2 years are visibly unhappy at the company. These results are drastically different than
most of the other teams in the company.
Do you think Betty is a good manager? List facts that support your decision
Answer: Define job performance, organizational citizenship, absenteeism, and turnover.
Explain factors associated with each type of work behavior.
One of the important objectives of the field of organizational behavior is to understand why people behave the way they do. Which behaviors are we referring to here? We will focus on four key work behaviors: job performance, organizational citizenship behaviors, absenteeism, and turnover. Note that the first two behaviors are desirable ones, whereas the other two are often regarded as undesirable. While these four are not the only behaviors organizational behavior is concerned about, if you understand what we mean by these behaviors and the major influences over each type of behavior, you will gain more clarity about analyzing the behaviors of others in the workplace.
Explanation:
select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster.
Companies raise prices to unjust levels when they engage in price gouging. There is no set definition of what constitutes price gouging, but it happens frequently.
The statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster are:
1. When prices rise after a disaster, consumers are encouraged to produce less of the good and leave some for others to purchase; price gauging laws short-circuit this effect.
2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gauging laws short-circuit this effect.
3. Price gauging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
Price gouging frequently happens when there is a rapid increase in demand for a specific good, service, or commodity, such as in the case of catastrophes and natural disasters.
The desire for luxuries and non-essential goods decreases in times like these, which causes many firms to lose the sales they typically rely on. In an effort to counteract this loss and stay in business, shops may hike the prices of necessities.
On the other hand, if demand for necessary goods or services surges abruptly, the supply may become severely constrained and prices may rise even further.
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Your question seems to be incomplete, but most probably the complete question was:
Select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster. True Statement about Price Gouging Drag appropriate answer(s) here ✓
Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would.
When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price-gouging laws short-circuit this effect.
When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price-gouging laws short-circuit this effect.
Price gouging laws reduce shortages after a disaster by keeping prices low. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse,
Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods.
If you earn 7.5% interest in one year on your $ 3000 investment and pay 20%
interest in one year on a credit card balance of $ 1500, how much money did you
make (or lose)?
A. -$275.
B. -$75.
C. +$75.
D. +$275.
Answer:
B. -$75
Explanation:
beginning inventory is $60,000. purchases of inventory during the year are $100,000. cost of goods sold is $120,000. what is ending inventory?
Answer:
Beginning inventory is $60,000. Purchases of inventory during the year are $100,000. Cost of goods sold is $120,000. What is ending inventory? $40,000
Explanation:
what is a Human Resource Manager
Answer: a human resources manager is typically the person who hires and fires people in the job/ job site. they also oversee who is doing what. that stuff.
Explanation:
aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:
Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.
A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.
Examples of strategic goals include:
Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.Other types of goals are:
Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.To learn more about strategic goals, please check: https://brainly.com/question/15301818?referrer=searchResults
ballot measures sponsored by businesses or business groups are much more likely to pass than those initiatives sponsored by citizen groups.
Ballot measures that are sponsored by businesses or business groups are indeed more likely to pass than those brought by citizen groups. This is therefore a true statement.
Ballot measures by business and business groups have a higher chance of becoming law because:
Businesses will fund the measure better which ensures greater reach Businesses have greater influence than individual citizensAs a result of businesses being able to fund their measures more. They will advertise it across the area which will increase its chances of being voted for. Businesses can also mobilize more people to vote for the measure than individual citizens.
In conclusion, ballot measures by businesses have a better chance of passing.
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a company recorded an event that had no affect on total assets, net income, or cash flow. this could have been caused by ______.
If a company recorded an event that had so effect on assets, income or cash flow, his action could have been caused by writing off an uncollectible account.
A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.
If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.
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a $50,000 loan is to be amortized over 7 years, with annual end-of-year payments. which of these statements is correct?
Proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.
Amortization is the process of gradually paying-off of debt through scheduled installments that include the component of principal and interest.
The amortization tables helps to keep track of amount owed and when payment is due.The table also shows how much to be paid at required intervals (i.e. monthly, bi-monthly, quarterly etc)As the repayment and period of payment increase, the outstanding debt keeps decreasing as well.The rate of interest determines the amount of repayment to be made at each intervalTherefore, if the interest rate were lower, then, the repayment of principal would be lower as well.
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Explain why it is important to maintain good relationships with: a) Colleagues. b) Supervisors. c) Internal clients. d) External clients
Answer:
c
Explanation:
List five internal factors that influence a sales forecast.
Answer:
The internal factors such as plant capacity, quality, price, advertisement policy, resources, etc., of the enterprise affect the sales forecasting of the enterprise.
Explanation:
These factors can very well be controlled by the business enterprise itself.
Project Data
Mowgli Corporation adjusted trial balance for fiscal year ending December 31, 2019.
Dr.
Cr.
Cash
$21,000
Accounts Receivable
$102,000
Inventory (beginning)
$20,000
Estimated Returns Inventory
$5,000
Land
$9,000
Office equipment
$22,000
Accumulated Depreciation-equip.
$20,000
Building
$233,000
Accumulated Depreciation-Bldg.
$94,000
Patent
$16,000
Accounts Payable
$73,000
Customer Refunds Payable
$2,000
Interest Payable
$14,000
Unearned Revenue
$22,000
Notes Payable
$100,000
Capital
$80,000
Drawings
$29,000
Sales
$206,600
Purchases
$106,000
Purchases Returns and Allowances
$1,000
Purchase Discounts
$500
Freight-in
$300
Insurance Expense
$6,000
Interest Expense
$8,000
Repair Expense
$5,000
Salaries Expense
$17,600
Advertising Expense
$1,200
Depreciation Expense
$11,000
Utilities Expense
$1,000
$613,100
$613,100
Other Information:
Inventory on hand at December 31, 2019 is $55,000 (Hint: this is ending inventory).
Estimated Returns Inventory increased $2,000 (Hint: Include in COGS and Closing Entry).
Administrative expenses include: Insurance, Repair, Utilities, and Depreciation.
Selling expenses include: Advertising and Salaries.
$50,000 of the Notes Payable is payable next year (Hint: classified as current).
Answer:
21,000
Explanation:
Which action would most likely harm a person's credit score?
A. Completing a credit card application
B. Spending a small portion of a credit limit
C. Researching a credit card's interest rate
O D. Failing to pay minimum monthly payments
Answer: D
Explanation:
Failing to give minimum monthly payments is activity would most likely harm a person's credit score.
What is credit score?Credit score is the creditworthiness of the person and the ability to pay the debt of the credit. Credit score can be build according the previous maintenance and transaction from the account. If the person has good background, the bank can give them more credibility.
Thus, option D is correct.
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hinguys im back!!!
folloe nyo ko pingay ko points ko sa inyo
dont forget folloe
Answer:
hii have a great day ahead tq for the points