Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 : Question 2 Question 3 Question 4 Question 5 Which of the following is an advantage of a sole proprietorship? Sole proprietors are

Question 1 :

image text in transcribed

Question 2

image text in transcribed

Question 3

image text in transcribed

Question 4

image text in transcribed

Question 5

image text in transcribed

Which of the following is an advantage of a sole proprietorship? Sole proprietors are attractive candidates for investor capital. The sole proprietor has limited liability for all claims against the business. Capital can be raised through the sale of stock up to the amount authorized in the corporate charter. The income from the business is taxed only once at the owner's personal income tax rate It is easier for sole proprietors to raise debt capital. pay taxes on profits they earn, and their shareholders pay taxes on dividends they receive, resulting in double taxation. corporations sole proprietorship partnership none of the above Which of the following is an advantage of a sole proprietorship? It is easy and inexpensive to create. It gives the owner 100 percent of the company and 100 percent of the profits and responsibility for the losses. The owner has complete authority to make decisions about the direction of the business. There are no major reporting requirements such as those imposed on corporations. All of the above All of the following are guidelines to consider when presenting a business plan avoid puff words, phrases, and analogies. include recognizable names if there is an established relationship with the person or company. avoid jargon and acronyms that might be foreign to the reader or listener. Keep your presentation to a max of 10 slides All of the above us Who will be most suitable to present the business plan The technical support person A member of the Mentor Board The CEO of the company A group within the company All of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

blur-text-image_2

Step: 3

blur-text-image_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

The New CFO Financial Leadership Manual

Authors: Steven M. Bragg

3rd Edition

0470882565, 978-0470882566

More Books

Students also viewed these Finance questions

Question

What are some of the possible scenes from our future?

Answered: 1 week ago