BUSINESS HIGH SCHOOL

Ryan started a tutoring website. After a few months, a publishing company filed a lawsuit against his company for copyright infringement. Ryan had to shut down his business and lost all his personal assets in the process. What type of business is this?

Answers

Answer 1
Answer:

Answer:

The correct answer is: Sole Proprietorship.

Explanation:

A Sole Proprietorship is the type of business where there is a single owner who is the same individual in charge of the operations and is fully liable for debt and responsibilities derived from the business transactions. Sole proprietorships are not considered entities in the U.S. and because they have few regulations to cover they are easy to form and dismantle.

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Which of the following is true of the assumption of risks during delivery of goods?
You own a monopoly in a new computer game market, where you have _____ market share.
How does gross domestic product (GDP) differ from gross national income (GNI)?A.GDP counts the number of citizens in a country, while GNI counts the number of citizens abroad. B.GDP measures how happy people are in a country, while GNI measures how happy they are internationally. C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders. D.GDP measures the money that a country makes in its own land, while GNI measures the money it makes in other countries and at home.
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Which of the following statements regarding the circular flow model is not accurate?a. Firms supply households with goods and services. c. Firms pay households for land, labor, and capital. b. Households pay firms for goods and services. d. Households supply firms with goods and services.

Department is related to organization as employee is related to what

Answers

I would say that the answer to this question is most likely staff. Just as departments are subdivisions and part of a larger organization, employees are part of a larger staff or workforce.

What does fair trade mean?

Answers

its trade between companies in developed countries and producers in developing countries where fair prices are paid to the producers so it contributes to sustainable development by offering better trading conditions and securing the rights of producers

Liam uses his credit card regularly and always pays the minimum payment on his credit card statement each month. It is MOST LIKELY that Liam’s credit card balance will ________ over time.A. increase

B. decrease

C. stay the same

D. Paid in full

Answers

Answer:

A. increase

Explanation:

Liam has not been clearing his credit card as per the monthly statement. It means that every month, he carries a balance to the next month.

Credit cards charge an interest rate known as the Annual Percentage Rate APR. Credit cards APR is among the highest interest rate in the market today. On average, the APR rate is about 21 percent.

When Liam does not clear his balance for the month, it means the amount carried forward will be subject to the APR. His debts will include the interest and regular expenses. The interest on a credit card is calculated and applied every month. Carrying forward balances then means this month's balance plus interest becomes a new balance for the next month. Interest charged in the previous month will subject to attract interest in the coming month.

Assigning indirect costs to specific jobs is completed by which of the following?A. applying the costs to manufacturing overheadB. using the predetermined overhead rateC. using the manufacturing costs incurredD. applying the indirect labor to the work in process inventory

Answers

Assigning indirect costs to specific jobs is completed by using the predetermined overhead rate. The answer is B.

Once the predetermined overhead rate is established, it is applied to each job based on the actual amount of the allocation base used by that job. This ensures that indirect costs, such as rent, utilities, and supervision, are allocated to each job in a fair and accurate manner.

By using the predetermined overhead rate, companies can determine the true cost of each job, which is essential for accurate pricing decisions and for determining the profitability of each product or service.

To know more about overhead rate, refer to the link:

brainly.com/question/23453741#

#SPJ11

You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage?

Answers

The answer to the question stated above is $300.

If you have an insurance policy with a $300 premium and a $500 deductible,  you should  expect to pay $300 to the insurance company each month for coverage.

>>insurance coverage- refers to the amount of risk/ liability covered for an individual/entity by way of insurance services

You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage?

a. $200

b. $300

c. $500

d. $800

Further explanation

Insurance is protection from financial loss. Insurance is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.  Insurance is a financial product sold by insurance companies to safeguard people also property against the risk of loss, damage or theft (flooding, burglary or accident).

Whereas the insurance policy is the contract between the insurer and the insured known as the policyholder, that determines the claims which the insurer is legally required to pay. Whereas Insurance coverage is the amount of risk/ liability covered for an individual/entity by way of insurance services.

Insurance policy = $300 premium, $500 deductible.  A deductible is the amount you pay out of pocket when you make a claim.

A lower deductible means higher monthly payments. If you have a low deductible, you have more coverage from your insurance company and you have to pay less out of pocket in the case of a claim. A higher deductible also means the reduced cost in the insurance premium.

Then we should pay the insurance company each month for coverage = $300

Learn more

  1. Learn more about insurance policy brainly.com/question/4099983
  2. Learn more about insurance company brainly.com/question/11548541
  3. Learn more about insurance  brainly.com/question/3424642

Answer details

Grade:  9

Subject:  Business

Chapter: insurance  

Keywords: insurance policy, premium, deductible, insurance company, coverage

An automobile final assembly plant has an annual production capacity of 200,000 cars. The plant operates 50 weeks/yr, 2 shifts/day, 5 days/week, and 8.0 hours/shift. It is divided into three departments: (1) body shop, (2) paint shop, and (3) trim-chassis-final department. The body shop welds the car bodies using robots, and the paint shop coats the bodies. Both of these departments are highly automated. Trim-chassis-final has no automated workstations. Cars are moved by a continuous conveyor. There are 15.0 hours of work content time on each car in this department. If the average manning level is 2.2, balancing efficiency = 93%, proportion uptime = 95%, and a repositioning time of 0.15 min is allowed for each worker, determine (a) hourly production rate of the plant.
(b) number of workers and workstations in trim-chassis-final.
(c) What is the average labor cost per car in trim-chassis-final if the hourly worker rate = $35 and fringe benefits add $20/hr. Ignore cost of supervision, maintenance, and other indirect labor.

Answers

Answer:

a) Rp= 200,000 / (50 X 10 X 8)= 50.0 units /hr

b) Tc= E/Rp= 60 (0.95) /50 =1.14 min

Ts= Tc - Tr = 1.14 - 0.15 = 0.99 min

w= Min Int > Twc/EbTs= 15.0 X 60 / (0.93 X 0.99) ) 944.5   rounded: 978 workers /shift

Total number of workers = 1956 over 2 shifts

n= w/M = 978/2.2 = 444.3    rounded 445 stations

Annual workload WL = 200,000 cars x 15/hr/car = 3,000,000 hr/work

with 1956 workers,= 1956 (50 X 10 X 8) = 3,912000 hr

This doesn´t include E, Eb and Er  

E= 0.95 (given), Eb= 0.93  and Er= 0.99/1.14= 0.8684

Usable service time:  3, 912,000 (0.95) (0.93( (0.8684) = 3,912,000(0.767) = 3,001, 409 hr

C)  the plant operates (50 weeks/yr)(10 shifts/week) (8 hr(shift) = 4000 hr/yr

Total hourly labor rate= $30 + $15= $45/hr

total labor cost = (1956 workers) (2000 hr/wrk-yr) ($45/hr) = $176,040,000

LAbor cost in trim-chassis-final per car= 176,040,000/200,000 = $880.20/car
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