A key reason most sole proprietorships remain relatively small is that:

The supplies account had a beginning balance of $1,506. Supplies purchased during the period totaled $4,478. At the end of the period before adjustment, $434 of supplies were on hand. Prepare the adjusting entry for supplies.

The fundamental economic problem is meeting people's virtually unlimited needs and wants with limited resources. Question 3 options:True False

In 1679 new hamisphere was

Do you know, and can you describe, the three principal ways a for-profit business might legally organize?

Do managers in both small and large companies perform similar types a activities

Near the end of the eighteenth century, the dollar: a. was a nickname for the Spanish Peso. b. was more plentiful than any other coin. c. was customarily used to reckon accounts. d. All of the above are correct.

The type of vertical marketing system that achieves coordination at successive stages of production and distribution by the size and influence of one channel member rather than through ownership is referred to as Multiple Choice a corporate vertical

Lopez Sales Company had the following balances in its accounts on January 1, 2018: Cash$68,000 Merchandise Inventory 48,000 Land 108,000 Common Stock 88,000 Retained Earnings 136,000 Lopez experienced the following events during 2018: Sold

Present value: tracy chapman is saving to buy a house in five years. she plans to put 20 percent down at that time, and she believes that she will need $35,000 for the down payment. if tracy can invest in a fund that pays 9.

If a firm sells a total of 100 shares of stock, then a. the supply of, and demand for, those shares determine the price per share. b. the firm is engaging in equity finance. c. each share represents ownership of 1 percent of the firm. d.