Name four advantages and two disadvantages of organizing as a sole proprietorship.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Advantages to organizing as a sole proprietorship include a Ease of formation b The o...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business Law questions
-
Identify two advantages and two disadvantages of organizing as a partnership.
-
As an internal auditor, you have been assigned to evaluate the controls and operation of acomputer payroll system. To test the computer systems and programs, you submit independentlycreated test...
-
Define ROI. List two advantages and two disadvantages of using ROI as a measure to evaluate investment centers.
-
Prove that, the area of the traverse is equal to the algebraic sum of the products of the total latitude of each point and algebraic sum of the departures of the lines meeting at that point.
-
A company pays its insurance policy for the calendar year of 78,000 on 1st January. On 31st March, what is the impact on the Income Statement, Balance Sheet and Cash Flow?
-
Suppose you have a traditional die with 6 faces numbered from 1 to 6. a. What is the population distribution of numbers on the die? b. Determine the sampling distribution of the sample mean of the...
-
Perform the operations by using the polar form and express the result in rectangular form. \(\frac{\frac{2}{3} j}{1+j \sqrt{3}}\)
-
The following information is available from the records of Prestige Landscape Design Inc. at the end of the 2010 calendar year: Required Use the previous information to answer the following...
-
You are planning to take over your brother's business. You have estimated it will give you net cash flows of $5505 per month. You hope to sell it in 6 years for $440143. Your required return is...
-
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
-
Identify the four forms in which businesses are generally organized.
-
Explain the differences between a limited partnership and other partnerships.
-
In a test to determine whether soil pretreated with small amounts of Basic-H makes the soil more permeable to water, soil samples were divided into blocks, and each block received each of the four...
-
Using the information obtained in the library or on the Internet, answer the following questions about Peter Mannings investment suggestions. a. What does the rating for the America West Airlines...
-
A firm plans to buy an equipment worth $ 1 , 0 0 0 , 0 0 0 in 5 years MARCS class life. The depreciation rate is 2 0 % , 3 2 % , 1 9 . 2 % , 1 1 . 5 2 % , 1 1 . 5 2 % and 5 . 7 6 % from year 1 to...
-
How does socialization differ across cultures and societies, and what factors contribute to these variations?
-
What role does socialization play in the development and maintenance of social structures and hierarchies?
-
IBM is selling a $1,000 par value bond that has a coupon rate of 4% that pays interest annually and has 10 years remaining to maturity. Assuming you require a yield to maturity of 8 percent, what is...
-
Find polar equations for the circles. Sketch each circle in the coordinate plane and label it with both its Cartesian and polar equations. x 2 + y 2 + 4x = 0
-
What is the difference between adsorption and absorption?
-
The law of bailments requires that the bailee extend either slight care, reasonable care, or extraordinary caredepending on the circumstances. Why does the law allow such variations?
-
Hotel Bailments A guests laptop computer is stolen from her hotel room. Should the hotel bear some responsibility for the loss?
-
Hotel Bailments A guests laptop computer is stolen from her hotel room. Should the hotel bear some responsibility for the loss?
-
Image transcription text Course Modules: Principles of Ac X + X C learn.vccs.edu/courses/569062/modules O C Aug 29 | 10 pts TCC Fall 2023 Home Announcements Chapter 5: Cost-Volume-Profit Analysis...
-
Why is it important to normalize the income statement? Review Later It adjusts the property's expenses for the year to be more realistic if the overall market of comparable properties is performing...
-
When an AC source is connected across a 13.0 2 resistor, the output voltage is given by Av = (170 V)sin(60t). Determine the following quantities. (a) maximum voltage V (b) rms voltage (c) rms current...
Study smarter with the SolutionInn App