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earnstyle [38]
2 years ago
12

Ronald is the sole owner of a fast food store. Over the past six months, his sales have fallen and the store has been running at

a loss as a result of a popular fast food chain outlet opening in the area. Friends and relatives who lent Ronald money to open the store want him to sell his personal property in order to repay those loans. What ownership category of business is Ronald in?
1) limited partnership
3)corporation
4)proprietorship
5) cooperative organization
Business
2 answers:
posledela2 years ago
6 0

Answer: 4) proprietorship

Explanation:

A sole proprietorship business is a type of business established and run by one person. Furthermore, it is a form of business in which the owner bears the risk, debt, losses and profit all by himself and also takes the decision that affect the day today running activities of the business. Thus, the owner of the business is known as a sole trader or sole proprietor.

Bumek [7]2 years ago
4 0

Answer:

proprietorship

Explanation:

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Smiley Corp.'s transactions for the year ended December 31, 2018 included the following:
mixas84 [53]

Answer:

b. -$350,000

Explanation:

The calculation of net cash used in financing activities is shown below:-

Net cash used in cash flow from financing activities = Borrow from bank - Dividend paid + Issue common Stock - Loan repaid

= $1,250,000 - $1,200,000 + $500,000 - $900,000

= -$350,000

Therefore for calculating the net cash used in financing activities we simply applied the above formula.

7 0
2 years ago
Read 2 more answers
_____ means the extent to which the idea is viable and realistic, and the extent to which you are aware of internal and external
Ostrovityanka [42]
Flexibility is the word you’re looking for.
4 0
2 years ago
A certain movie star's salary for each film she makes consists of a fixed amount, along with a percentage of the gross revenue t
umka2103 [35]

Salary relationships usually have behaviors that can be expressed through mathematical equations, for this case we must locate the information they give us, according to which the salary of the movie star S is equal to a fixed basic remuneration b plus a percentage x of the gross income g, that is:

S = b + gx

With this equation and the data they give us, we can solve the request so :

\boldsymbol{1)} \; 32 = b + 100x\\\boldsymbol{2)} \; 24 = b + 60x

We clear the basic remuneration  b from the second equation and replace in the first:

\boldsymbol{2)} \; 24 = b + 60x\\24-60x = b\\\boldsymbol{1)} \; 32 = b + 100x\\32 = (24-60x) + 100x\\32-24=100x-60x\\8=40x\\\frac{8}{40} =x\\\boldsymbol{x=0,2}\\b=24-60x\\b=24-60(0,2)\\b=24-12\\\boldsymbol{b=12}

Thus, with the fixed basic remuneration and the percentage of gross income calculated, we can estimate how much the following film should obtain so that the movie star obtains at least  40 millions salary:

40 = g (0.2) +12\\40-12 = g (0.2)\\\frac{28}{0.2y} = g\\\boldsymbol{g = 140}

Answer

The <em>minimum amount</em> of gross income that the next film should generate is \$ 140 <em>millions</em>

3 0
2 years ago
Read 2 more answers
What is an action that will not help you activate your network?
neonofarm [45]

Answer:

Help a friend finish her college application

Explanation:

All these actions will help me activate my network :-

  • Ask for an informational interview at your favorite company
  • Get coffee with an alumnus from your high school
  • Read a detailed book about your dream job

Except :-

  • Help a friend finish her college application
8 0
2 years ago
A borrower is interested in comparing the monthly payments on two otherwise equivalent 30 year FRMs. Both loans are for $100,000
Sergio039 [100]

Answer: $98.36

Explanation:

Based on the information that has already been given in the question, the following can be analysed:

For Loan 1:

Interest Rate = 7%

Nper = 30

Present value = $100000

With the above information, we can use the Excel calculator to solve further. To get the monthly payment for the first loan will be:

= pmt(rate, nper, pv,fv)

= pmt(7%/12,30×12,-100000,0)

= pmt(0.07/12,360,-100000,0)

= $665.30

For Loan 2:

Interest Rate = 7%

Nper = 30

Present value = $100000

Future value = $120000

With the above information, we can use the Excel calculator to solve further. To get the monthly payment for the first loan will be:

= pmt(rate, nper, pv,fv)

= pmt(7%/12,30×12,-100000,120000)

= pmt(0.07/12,360,-100000,120000)

= $566.94

The difference in the monthly payments will be:

= $665.3 - $566.94

= $98.36

8 0
2 years ago
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