BUSINESS HIGH SCHOOL

Which of the following is an advantage of a sole proprietorship?a. It is easy to expand if it succeeds.
b. It faces few government rules.
c. It is easy to get financing to start one.
d. It has the lowest federal income taxes.

Answers

Answer 1
Answer: An advantage of a sole proprietorship is B. IT FACES FEW GOVERNMENT RULES.

Compared with corporations, establishing a sole proprietorship business has lesser government requirements. This is because the sole proprietorship business is an extension of the owner. Any assets and liabilities the sole proprietorship has is also the assets and liabilities of the owner. There is no separation of juridical entity. 

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The price (P) of designer jeans is affected by the supply (S) and the demand (D).Which of these can cause an increase in the price of designer jeans?

Increased demand and no change in supply

Decreased demand and increased supply

Increased supply alone

Decreased demand alone

Answers

Answer:

Increased demand and no change in supply

Explanation:

The cost of goods and services is affected by two things:

Demand

Supply

According to the principles of economics, the demand  pushes the supply of the goods. However, there is a time where the demand far exceeds the supply. In this case, the price of the goods rise sharply to compensate for the short supply of the material which will come at higher price. This results in inflation.

Increased demand and no change in supply can RESULT in an increased price, but they don't 'cause' it. The CAUSE of the increase in price is the seller's decision to raise it, typically out of motives of get it when you can, charge what the traffic will bear, jack it up and fleece them when possible.

If GDP calculations included measurements of pollution and environmental​ damage, GDP values would most likely be A. unchanged from their values without these measurements.
B. greater than their values without these measurements.
C. ​meaningless, since GDP values without these measurements would no longer be of value.
D. less than their values without these measurements

Answers

Answer:

The correct answer is option D.

Explanation:

If the measurements of GDP included environmental damage and pollution, it is most likely that the values of the GDP would be less than their values without these measurements.

This is because economic growth always involves some degree of environmental damage and pollution. We need resources from the environment for production of goods and services.

In the process of production, the environment is harmed. If the cost of these damages to the environment were to be included in GDP, the value of GDP most likely will be lower.

A man earned wages of ​$52 comma 800​, received ​$2200 in interest from a savings​ account, and contributed ​$4000 to a​ tax-deferred retirement plan. He was entitled to a personal exemption of ​$3800 and had deductions totaling ​$7020. Find his gross​ income, adjusted gross​ income, and taxable income.

Answers

Answer:

gross​ income:$55000

adjusted gross​ income: $51000

taxable income: $40180

Explanation:

Given:

  • Wage:  ​$52 comma 800 = $52800
  • Interest received: $2200
  • tax-deferred retirement: $4000
  • Personal exemption : ​$3800  
  • Deductions totaling: $7020

As we know that,

  • Gross income = Wage +  interest received  

= $52800 + $2200

= $55000

  • Adjusted gross​ income = gross​ income - adjustment

= $55000  - $4000

= $51000

  • taxable income = Adjusted gross income - (Exemption + Deductions )

= $51000 - ($3800 + $7020)

= $40180

Hope it will find you well

The ____ section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

Answers

The statement of work section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

I hope this helps :)

Which loan type requires you to make loan payments while you're attending school

Answers

This type of a student loan is called an unsubsidized student loan. In these loans, you are responsible of paying the loan at all times, as well as the interest rates.

When money is deposited in the bank for later use, it is a _____. medium of exchange store of value unit of account

Answers

When money is deposited in the bank fo later use, it is a store of value. When describing money, medium of exchange, store of value and unit of account are all terms that describe the use of money. Money is used as a medium of exchange for a good or service. Money is a unit of account because it varies in the unit it is worth. Money is also a store of value because it is something that can be put away and kept for future use so it is being stored at the value it holds.

When a money is deposited in the bank for later use, it is a store of value or may call it as savings. 
You are saving your money in a bank without investing it. Just purely storing it in a bank to be withdraw later on for future usage.
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