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Dennis_Churaev [7]
2 years ago
14

Lucy Zimmerman has organized her craft shop as a sole proprietorship. Her sister has warned her about _____, the legal principle

holding Lucy responsible for paying off all of the debts of the business.
Business
1 answer:
grigory [225]2 years ago
4 0

A sole proprietorship is not a legal entity but the person who owns the business and is responsible for paying all debts that the business accrues.  This business is linked to the persons social security number and there is no legal distinection between the owner and the business entity. Lucy's sister probably warned Lucy about sole proprietorship and the legal principle that holds her responible for paying off all of the debts of the business.

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When launching any technology product, a firm such as GoPro must create a balance between what is technically possible and wheth
guapka [62]

Answer:

Whether the technology provides benefits and responds to customers needs

Explanation:

Technological innovation can be defined as the introduction of new technical products and services or improving an existing ones.

One major reason for this is to address human needs and better serve individual . Therefore whenever any firm wants to launch any new product , it is important that it must create a balance between what is technically possible and whether the new technology provides benefits and responds to customers needs.

3 0
2 years ago
A large beer company previously had a yearly budget of $50 million per year for advertising but increased the budget to $60 mill
ella [17]

Answer:

Yes they can continue advert but only if the 1% is equivalent or greater than the 10$ spent on advert.

Explanation:

There is an increase in revenue by 1%, this indicates that a number of people were attracted to the product because of the advert. With this the company might do better with consistent advert in subsequent year. They can change the channel of advert, improve on the quality of advert or change the time and location of the advert. Infarct, the 1% increment in revenue can be up to 20$ since we are not sure of the exact company's revenue. But if the 1% is far lower than the amount spent, the company can seek advice from professionals.

4 0
2 years ago
Marquez purchased some equipment for $58,750 on August 15, 2018.
Sauron [17]

Answer:

$4,714

Explanation:

Given that,

Cost of equipment = $58,750

Equipment was subject to depreciation of $6,964 for 2018 and 2019.

Sale value of equipment = $56,500

Net book value = Cost of equipment - Depreciation

                          = $58,750 - $6,964

                          = $51,786

Capital gain = Net book value - Sale value

                    = $51,786 - $56,500

                    = $4,714

Therefore, the Marquez recognize a gain of $4,714 on the sale of the equipment.

4 0
2 years ago
Suppose that Ford issues a coupon bonds at a price of $1,000, which is the same as the bond's par value. Assume the bond has a c
uysha [10]

Answer:

YTM approximated 4.08%

Explanation:

If the price of the bond changes to 1,060

we will need to calcualte the YTM

we could do it with an approxmation method like this:

YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

Cuopon payment =1,000 x 4.5% = 45

Face value       = 1,000

Purchase value= 1,060

n= 20 years

quotient 4.0776699%

It will yield approximately 4.08%

3 0
2 years ago
Dave plans to deposit $3,300 in an IRA account on April 15, Year 1. The account will earn 3% annually. If he makes this $3,300 d
hjlf

Answer:

63218

Explanation:

Annuity -3300

FVAD (from table) at 15years, 3% = 19.1569

Future value = 63217.77=63218

7 0
2 years ago
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