A sole proprietorship:A) provides limited financial liability for its ownerB) involves significant legal costs during the formation processC) has an unlimited lifeD) has its profits taxed as personal incomeE) can generally raise significant capital from non-owner sources
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A sole proprietorship:A) provides limited financial liability for its ownerB) involves significant legal costs during the formation ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The U. S. Bureau of Land Management sets a fee for ranchers who graze their animals on public land. The fee is equal to $1.43 per animal unit per month - the amount of forage needed to feed one cow and its calf, or five sheep, for a month.
Answers (1)
On 12/31/X4, Zoom, LLC, reported a $55,500 loss on its books. The items included in the loss computation were $27,000 in sales revenue, $12,000 in qualified dividends, $19,000 in cost of goods sold, $47,000 in charitable contributions, $17,000 in
Answers (1)
Information technology has advanced dramatically within the last 25 years or so. At the same time there have been significant shifts in companies and the business world.
Answers (1)
Ned has active modified adjusted gross income before passive losses of $160,000. He has a loss of $15,000 on rental property he actively manages. How much of the loss is he allowed to deduct against his other income?
Answers (1)
Sophie made pies and sold them from her food trailer at businesses. this is an example of a (n)
Answers (2)
New Questions in Business
Ashley and Benjamin are the sole owners of Super Corporation. Ashley owns 40% of the stock and Benjamin owns 60%.
Answers (1)
Quaker State Wings has 320,000 shares outstanding and net income of $980,000. The company stock is currently selling for $62.97 per share. If the company repurchases $634,000 of its stock, what is the earnings per share after the repurchase
Answers (1)
Compute the expected rate of return for Intel common stock, which has a 1.4 beta. The risk-free rate is 3 percent and the market portfolio (composed of New York Stock Exchange stocks) has an expected return of 14 percent. b.
Answers (1)
Kelsey Gunn is the only employee of Arsenault Company. His pay rate is $23.00 per hour with an overtime rate of 1½ times for hours over 40 in a workweek. For the week ending March 31, 20--, he worked 48 hours.
Answers (1)
Amador Corporation has a stock price of $24 a share. The stock's year-end dividend is expected to be $2 a share. The stock's required rate of return is 12 percent and the stock's dividend is expected to grow at the same constant rate forever.
Answers (1)