5,7,35, and 40 please and thank you :)

Question 5 Which of the following statements is true about a sole proprietorship? Most large businesses in this country are organized as sole proprietorships. The owner and the business are separate accounting entities but not separate legal entities. The owner and the business are separate legal entities but not separate accounting entities. The owner and the business are separate legal entities and separate accounting entities. Question 7 The Beta Corporation had 2018 revenues of $210,000, expenses of $150,000, what is Net Income? O None of the other answers is correct. O $40.000. O $60,000. $360,000. Question 35 What is the Net Profit Margin percent for the Cheating Company in 2018? 6.3% 13.3% 11.9% 25% Question 40 2.5 A company sells a gift card for $50 in December. The customer redeems the card in January. What entry should be make in January? O Dr. Cash Cr. Unearned Revenue Dr. Revenue Cr. Unearned Revenue Dr. Cash Cr. Revenue Dr. Unearned Revenue Cr. Revenue