Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 21, 2022

List at least three advantages and disadvantages of this form of doing business.

Step by Step Solution

★★★★★

3.33 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Advantage Independence The business owner is own boss a... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Karen W. Braun, Wendy M. Tietz

4th edition

978-0133428469, 013342846X, 133428370, 978-0133428377

More Books

Students also viewed these General Management questions

Question

★★★★★

Three (3) personal trainers at an upscale health spa / resort in Sedona, Arizona, want to start a health club that specializes in health plans for people in the 50+ age range. The trainers Donna...

Answered: 1 week ago

Question

★★★★★

The final project for this course is the creation of a memorandum with an appendix of supporting IRS forms and schedules . Working as an accounting associate in a financial organization requires the...

Answered: 1 week ago

Question

★★★★★

THE SHOPPES AT RIVERSIDE Fonda L. Carter, Columbus State University Kirk Heriot, Columbus State University CASE DESCRIPTION This case asks the students to recommend a decision to a group of...

Answered: 1 week ago

Question

★★★★★

ABC Corporation purchased a residential property for the use of its Accounting Manager. The property is payable over 12 annual installments of P275,000 including interest but have a cash price of...

Answered: 1 week ago

Question

★★★★★

KraftyCity is a large retailer that sells power tools and other hardware supplies. One of its products is the Krafty Man workbench. Information on the workbench is as follows: Annual demand = 1,200...

Answered: 1 week ago

Question

★★★★★

To decrease light losses due to reflection from the glass surface the latter is coated with a thin layer of substance whose refractive index n' = n, where n is the refractive index of the glass. In...

Answered: 1 week ago

Question

★★★★★

List three benefits of using a to-do list.

Answered: 1 week ago

Question

★★★★★

Gulf Coast Shrimp Company is a small company. It owns an icehouse and processing building, a refrigerated van, and three shrimp boats. Bob Jones inherited the company from his father three months...

Answered: 1 week ago

Question

★★★★★

2.25 (Integer Value of a Character) Here's a peek ahead. In this chapter, you learned about integers and the type int. C can also represent uppercase letters, lowercase letters and a considerable...

Answered: 1 week ago

Question

★★★★★

The fish department of the local grocery store faces unique problems. Fish is extremely perishable and can only be sold on the day it arrives in the store. Fish is delivered at 3 am and can be sold...

Answered: 1 week ago

Question

★★★★★

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for item 88-HX are as follows: Mar. 1 90 units $16 Inventory Sale 8 15 Purchase 72 units 100 units @ $20 84 units 27 Sale...

Answered: 1 week ago

Question

★★★★★

Suppose an influenza vaccine trial carried out during an epidemic. Of 460 adults who took part, 240 received influenza vaccine and 220 received placebo. Overall, 100 people contracted influenza, of...

Answered: 1 week ago

Question

★★★★★

. The following items appeared on December 31 Excel work sheet. Based on the following information, what is profit for the year? Prepare the adjusted trial balance. Income statement Balance sheet....

Answered: 1 week ago

Question

★★★★★

The ABC Company has net written premiums in the amount of $4.12 billion and a policyholders' surplus of $2.84 billion. LMN Inc. has net written premiums in the amount of $9.85 billion and a...

Answered: 1 week ago

Question

★★★★★

I need help identifying the preliminary accounting issues or problems with this case. The case information and facts are below, what problems should be investigated? Grocery Inc. (Grocery or the...

Answered: 1 week ago

Question

★★★★★

Imagine it is currently the first day of 2019. The corporate tax rate is 40% and the WACC is estimated to be 13% pa. Suppose also that there is no surplus cash in any year and that Terminal Value...

Answered: 1 week ago

Question

★★★★★

Question 1 1 A company has two divisions, x and Y . The following has been provided related to the operation of those two divisions: \ table [ [ , x , Y , Total ] , [ Sales , $ 3 0 0 , 0 0 0 , $ 2 0...

Answered: 1 week ago

Question

★★★★★

Find the radius of convergence in two ways: (a) Directly by the CauchyHadamard formula in Sec. 15.2. (b) From a series of simpler terms by using Theorem 3 or Theorem 4.

Answered: 1 week ago

Question

★★★★★

State Logos buys logo- imprinted merchandise and then sells it to university bookstores. Sales are expected to be $ 2,009,000 in September, $ 2,240,000 in October, $ 2,379,000 in November, and $...

Answered: 1 week ago

Question

★★★★★

Using the data from E13- 18A, prepare the statement of cash flows using the direct method. In E13-18A Payment of note payable6 Depreciation expense. Purchase of equipment. Purchase of treasury stock...

Answered: 1 week ago

Question

★★★★★

Refer to the Star Valley Data Set in E12- 50B. Requirements 1. What is the projects NPV? Is the investment attractive? Why or why not? 2. Assume the expansion has no residual value. What is the...

Answered: 1 week ago

Question

★★★★★

Our perceptual set influences what we perceive. This mental tendency reflects our experiences, assumptions, and expectations. sensory adaptation. priming ability. difference thresholds.

Answered: 1 week ago

Question

★★★★★

Sensory adaptation helps us focus on visual stimuli. auditory stimuli. constant features of the environment. important changes in the environment.

Answered: 1 week ago

Question

★★★★★

Cones are the eyes receptor cells that are especially sensitive to _______light and are responsible for our vision _______. bright; black-and-white dim; color bright; color dim; black-and-white

Answered: 1 week ago

Previous Question Next Question