Explain one disadvantage to a sole trader of having unlimited liability

Answers

Answer 1
When a sole trader has unlimited liability this could pose as a problem to that individual. This is because in the case a sole traders business goes down hill or goes bankrupt that sole trader alone is responsible for all the debts and therefor has to repay all these debts by their self. If it’s a case that’s the sole trader is unable to repay these debts then the sole trader is liable of getting their personal items confiscated as collateral.

Related Questions

Sam needs to buy a second vehicle for his growing business by financing it for five years.
What is a smart move for him to make now?
Pay for a comprehensive credit report history to show his lender.
O Sell his first vehicle to show less debt on his credit report.
Refinance his first vehicle.
Request a free copy of his credit report before applying for a loan.

Answers

Answer: D- request a free copy of his credit report before applying for a loan

Explanation:

:) it’s smart moves

Sam needs to buy a second vehicle for his growing business by financing it for five years. The smart move for him to make now is to request a free copy of his credit report before applying for a loan.

What do you mean by business?

Business refers to the activity of making money by producing or selling products such as goods and services.

The smart move for him to make now is to request a free copy of his credit report before applying for a loan.

Therefore, D is the correct option.

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As a factor of production, what is capital?

A. an industrial good

B. the natural resources used to create a product

C. the entrepreneur who sees how to make something useful

D. the tangible products made by labor

Answers

Answer:

Option "D" is the correct answer.

Explanation:

Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.

A machine does 200J of work in 35seconds , calculate the power developed​

Answers

I don’t know but I need points lol sorry

The required power developed by the machine is 5.714 Joule per second.

What is power generated by a machine?

Power generated by a machine is defined as the work done by a machine in a single unit of time.
Power = work/time

Unit of power is joule per second

Here,

A machine does 200J of work in 35seconds

Power generated by the machine is given as,
Power = work/time

Substitute the value in the above equaiton,

Power = 200 / 35
Power = 5.714 J/s


Thus, the required power developed by the machine is 5.714 Joule per second.

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Breton Woods Standards were found to be inadequate mainly because?

Answers

Answer:

A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.

Explanation:

The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.

Ryan attends a seminar on environmental conservation, and afterward decides to contribute to the conservation of the environment. What can Ryan do to achieve his objective?

Answers

Answer: 1) Planting trees around him 2) Using bio and solar powered appliances

Explanation:

They are many ways to conserve the environment. Conserving the environment helps the earth and nature to grow better. Amongst all Ryan would have learnt from the training, here are some things he would do when he's back;

- Planting of trees; this helps preserve and purify the air around, reducing cabon monoxide as the plant takes it in, then gives oxygen.

- Use bio and solar powered appliances; fuel(petrol) has had a long run in the industry for energy, although it has it's advantages but it's disadvantages is more as it's the major contributor to the depreciation of the environment based on lots of toxic element it emits to the society

Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?

Answers

Answer:

the present value is $397,741.39

Explanation:

The computation of the present value is shown below

As we know that

Present value = Future value ÷ (1 + rate of interest)^years

= 800,000 ÷ (1 + 0.15)^5

= 800,000 ÷ 1.15^5

= $397,741.39

Hence, the present value is $397,741.39

What is the role of internal auditors​

Answers

Answer: The role of internal auditors is to provide independent assurance

Explanation:

Explanation:

In simplest terms, the duties of an internal auditor are to: Objectively review an organization's business processes. Evaluate the efficacy of risk management procedures that are currently in place. Protect against fraud and theft of the organization's assets.

Equations
Creative section
3. a) If the sum of two numbers is 10 and their product is 24, find the numbers​

Answers

Answer:

The answer is 6 and 4.

Explanation:

6+4=10 and 6×4= 24

Answer:

4 & 6

Explanation:

Set the equations:

x + y  = 10

x * y = 24

Find the sum pairs of 10:

0 , 10

1 , 9

2 , 8

3 , 7

4 , 6

5 , 5

Find the product of each pair:

0 * 10 = 0

1 * 9 = 9

2 * 8 = 16

3 * 7 = 21

4 * 6 = 24

5 * 5 = 25

In this case, you are trying to find the product of 24, therefore 4 & 6 is your answer.

~

Last week David spent $12,500 on advertising. This week he plans to spend twice as much. Next week he wants to spend half of what he spent the previous two weeks. How much should he plan to spend on advertising next week?

Answers

Answer:   $18,750.00

Explanation:   So what you'll do is (12,500 * 2) + 12,500 / 2 = 18,750

$18,750 he plans to spend on advertising next week. Advertising allows you to effectively communicate with your target audience, but you must ensure that the story your brand tells adds value to your company and resonates with your target market.

Why are advertising costs so high?

Because of limited supply and high demand, TV commercials are frequently costly. Search engine optimization (SEO) is often less expensive because there are endless opportunities for development; however, even SEO can be costly under the right conditions.

Given,

Last week's spending on Advertising = $12,500

The current week's spending on Advertising is twice the previous spending = 2 x 12500 = 25000

Required to find next week's spending which half of what he spent the previous two weeks =?

next week's spending = 12500 + 25000 / 2 = $18750

Regardless of how you deliver your company's message (door-to-door or in print), the power of advertising is an investment you should not overlook. Long-term advertising establishes brand image, reputation, and trust, while short-term advertising raises awareness, and credibility, and provides new information.

If you aren't meeting your current revenue targets, it may be time to increase your ad spending. But, before you start increasing your advertising budget, determine how much you'll need to invest to meet your objectives.

Thus, David plans to spend $18,750 on advertising next week.

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List 7 types of media's with notes about them. Or less.​

Answers

Answer:

good

Explanation:

Print Media (Newspapers, Magazines)

Broadcast Media (TV, Radio)

Outdoor or Out of Home (OOH) Media.

Internet.

round 312,5 up to rand​

Answers

Answer:

313 rand

Explanation:

To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.

In this case ; 312. 5 will be rounded to 313 ;

Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3

Hence, 313 rand

What are the impacts of monopolistic competition on stakeholders?

Answers

Answer and Explanation:

As the sole providers of a product or service, monopolies have no competition and no price restrictions. Monopolies use patents, mergers, and acquisitions to obtain industry dominance and prevent market entry. If left unmonitored and unregulated, monopolies can adversely affect businesses, consumers and even the economy.

Charity organisation has asked you to raise money for it by running a fete The organiser has given you a maximum amount to spend how would you plan the fete using a computer model and make a profit

Answers

Answer:

Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.

Explanation:

Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.

What are the risks and benefits of implementing a penetration pricing policy as compared to a competitive pricing policy?

Answers

Answer:

The risks of a penetration pricing policy is that you may lose money and never see a return on it. A benefit of the penetration pricing policy is that most the time you will pull people in with the low prices and most the time you will make back the money you invested.

Explanation:

Hopefully that helps!

what is the benefit of filing a tax return even if you didnt make enough money?​

Answers

If you qualify for tax credits, such as the Earned Income Tax Credit or Additional Child Tax Credit, you can receive a refund even if you paid no taxes. To claim the credits, you have to file your 1040 and other tax forms.

Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?

Answers

Answer:

The Best 5 Reasons For Businesses to Extend Credit

Additional Cash Flow. If customers can put off payment without consequences, they will. ...

Additional Sales

Additional sales will come in the form of customers spending more money on your products and services. ...

Higher Customer Loyalty. ...

Leverage During Negotiations. ...

Simple Technique For Extending Credit.

When selling on credit, there is a chance that the customer may go bankrupt and fail to pay you. The company will lose revenue. The company will also have to write off the debt as bad debt

hope it helps you

mark me as brainliest dude!!

what is investing? and stocks and how do i get good at saving money?

Answers

Answer:

Investing is putting money into or aside for something else. If you have pictures of things you want to achieve all over the place for you to see, then you'll get better at it!

Explanation:

Please mark as brainliest! Hope this helps! :)

Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.

a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?

Answers

Answer:

Explanation:

a. What was the gross pay for regular hours?

This will be the regular pay multiplied by the regular hours. This will be:

= $12.50 × 40

= $500

b) What was Cody’s overtime wages?

Cody's overtime wages will be the total amount earned during overtime. This will be:

= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]

= (10 × $18.75) + (9 × $25)

= $187.50 + $225.

= $412.50

c) What was Cody’s total gross pay for the week?

The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:

= $500 + $412.50

= $912.50

The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million

Answers

Answer:

$200,000,000

Explanation:

Given that:

Amount of securities purchased = $10 million

Desired reserve ratio = 0.05

The bank's excess reserve :

Money multiplier * amount of securities purchased

Money multiplier = 1 / reserve ratio

Money multiplier = 1 / 0.05 = 20

Excess reserve = 20 * $10,000,000

Excess reserve = $200,000,000

(03.02 MC)
Mariah made a down payment on a van. Which of the following is true because of the
down payment?
She has additional time to repay the loan.
Her credit limit will increase.
She has some equity or ownership right away.
Her insurance will decrease.

Answers

Answer:

Her credit limit will increase.

Her insurance will decrease.

Explanation:

A down payment is a sum of money, which when entering into an agreement is paid by one party to the other as an advance on the payment. By handing over and receiving a down payment, the parties show that they are bound by the agreement. The point of down payment from the seller's perspective is usually that the buyer loses his down payment (or part of it) if he or she for some reason does not want to complete the deal. A standard level of a down payment is 10 percent of the purchase price. By paying the down payment, the buyer grants legal security to the sale, thereby reducing the risk. Therefore, for the buyer, the cost of insurance does too. At the same time, having paid a substantial part of the credit obtained, also increases the credit limit that the person has.

Answer:

C.

Explanation:

The correct answer is that she has some equity or ownership right away because of the down payment that she has made on the van. Hope this helps! :)

This is calculated by dividing the net profits by net sales.

sales margin

profit margin

sales revenue

net revenue

Answers

Answer:

Profit margin

Explanation:

Profit margin  = Net profits / Net sales

Company can earn insight into a company's earnings by looking at its sales strategy, pricing structure, and productivity improvements using net profit margin.

types of shares in a business​

Answers

Answer:

ordinary shares

non-voting shares

redeemable shares

preference shares

Explanation:

crazy what a quick go ogle search can do! :)

Explain why employers are considered buyers of skills and employees sellers of skills in the labour market.

Answers

the employers look for potential employees that they think would be a good fit and have good qualities.

Employers look for the potentially employees that they think are a good fit and also have good qualities.

What is the labour market?

A labour market is one that includes a job market and refers to the supply and demand for labour. The employees provide the demand and from a main component of the economy including market, capital and goods.

The employees are considered to be buyers of skills as the sellers have skills sets that are demanded in the market.

Find out more information about the labour market.

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I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?

Answers

Answer:

Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.

Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the price of your favorite food. Report on your reaction to changes in the environment.
- 

Answers

Answer: my reaction would probably not be good

Explanation:

helpppppppp, please get correct!!!!
I earn $250 a week, I put away $62.50 into savings. If i did that every year how much money would i have in my savings in 3 years?

Answers

There are 52 weeks in a year right.

So in three years there are 156 weeks.

Now we are gonna multiply the saving amount per week, $62.50 by the 156 weeks.

$62.50 x 156 = $9,750

This is the amount that you put in your saving in three years.

Which type of income, disposable or discretionary, is more important to businesses that sell expensive watches, second homes, and financial services?

Answers

Answer:

Disposable income

Explanation:

Discretionary income is the total income available to a household (single person or household) after paying taxes. This is the money that the household has available for spending on utilities, for saving, and for investing.

Disposable income is the income available to a household after paying for essential things like food or utilities. Disposable income can therefore be used for buying goods that are not considered essential, like an expensive watch, or a second home. This is why for businesses selling this type of goods, disposable income is more important than discretionary income.

2. An effective classroom arrangement allows for the following:
A. helps students focus their attention on the current instructional activity.
B. makes access to learning materials efficient and orderly.
C. is flexible enough to accommodate different types of learning activities.
D. all of above.

Answers

Answer:

D) All of the above

Explanation:

If you are with people that make you disruptive you can't focus

If the room organization is awkward it's difficult to hand assignments back

And if the seats are organized well than you can do all sorts of activities like presentations or games

PLEASE HELP I'LL GIVE YOU THE BRAINLIEST
Select the correct answer. All of the following describe a budget appropriately EXCEPT:
A. It is the best tool to help you get more for r your money.
B. it is setting limits and restrictions on your money and doesn't do anything else.
C. It helps keep track of your money so you know where it is going.
D. It helps you save for both short-term and long-term financial goals.​

Answers

Answer:

B it us setting limits and restrictions on your money and doesnt do anything else.

Explain one advantage of using retained profit as a source of finance. ​

Answers

Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere)
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