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Gnesinka [82]
2 years ago
13

Which sentences describe characteristics of a sole proprietorship?

Business
1 answer:
balandron [24]2 years ago
3 0
Sole Proprietorship- A type of business organization that has one owner. The owner is personally liable for paying the business's debts.
          Characteristics
Ownership: Owned by 1 person.
Formation: No formal filing or agreement necessary to form.
Liability: Owner could lose personal assets to meet obligations of business.
Closing: Ends with death of owner or closing of business.
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A company acquired an office building on three acres of land for a lump-sum price of $3,150,000. The building was completely equ
Furkat [3]

Answer:

$1,680,000

Explanation:

Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.

Therefore the amount that the company would record the building is $1,680,000.

6 0
2 years ago
Hi, Sierra,
hichkok12 [17]

Answer:

Question requires that you find five sentence fragments, one dangling modifier, one passive-voice sentence, and one parallelism fault.

Sentence Fragment

A sentence fragment is so because it is either missing a subject, or a verb, and/ or a complete thought. It is therefore an incomplete sentence.

  • 5. Although no clear line separates fun from profit or a hobby from a business.
  • 12. If you spend eight or more hours a day trading on eBay.
  • 17. If you spend $5 for a garage sale vase and sell it for $50.
  • 18. The IRS would probably consider this a business transaction.
  • 20. Even for eBay sellers who are just playing around. (not a proper sentence)

Dangling Modifier

Attempts to modify an unclear word in the sentence

  • 19. All profits are taxable.

It is unclear what profits the sentence alludes to.

Passive-voice sentence

In Passive voice, the subject of the text is the one that is being acted upon.

  • 13. The IRS would tend to think you are in a business.

Parallelism Fault

This occurs when the sentence is not grammatically parallel. In other words the sentence does not follow as it is not using the same structure.

  • 3. As you are probably already aware, you can use eBay or one of the other sellers to clean out your closets or to run a small business.
5 0
2 years ago
A firm determines its profit by subtracting______ from _____ .
serious [3.7K]
<span>A firm determines its profit by subtracting total cost from revenue</span>
8 0
2 years ago
Read 2 more answers
Becky only eats out at Macaroni Grill and eats out 3 times per month. She receives a raise fro $31,900 to $33,500 and decided to
ololo11 [35]

Answer:

Since elasticity is 6.4, a positive figure,it is normal good and the fact that it is greater than one means it is elastic,hence option A is correct

Explanation:

The formula for income elasticity of demand is given as:

/(new quantity-old quantity)//(old price+new price)/2)/(New income-Old income)/(old income+new income)/2)

New income=$33,000

Old income=$31,900

New quantity =5 times

Old quantity=3 times

Hence=(5-3)/(3+5)/2)/(33500-31900)/(31900+33500)/2)

Elasticity=6.45

6 0
2 years ago
Why is it important to recognize expansion opportunities?
8090 [49]

Answer:

Because it give you the opportunity to offer a diverse range of products and services.  (this is expansion in business growth)

Explanation:

8 0
2 years ago
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