are the most common form of business organization, comprising about 71 percent of all firms. Each is owned by a single individual who makes all business decisions, receives all the profits, and hasliability for the firm's debts.
are much like proprietorships, except that two or more individuals, or partners, share the decisions and the profits of the firm. In addition, each partner hasliability for the debts of the firm.
Corporation are responsible for the largest share of business revenues. The owners, called, share in the firm's profits but normally have little responsibility for the firm's day-to-day operations. They enjoyliability for the debts of the firm.
Accounting profits differ from economic profits, which are defined as total revenues minus total costs, where costs include the fullcost of all of the factors of production plus all other implicit costs.
The full opportunity cost of capital invested in a business is generally not included as a cost when accounting profits are calculated. Thus, accounting profits often arethan economic profits. We assume throughout that the goal of the firm is toeconomic profits.
Answers: 3
Business, 22.06.2019 20:40
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
Business, 23.06.2019 02:00
What percentage of hard rock's profit is derived from retail shop sales?
Answers: 1
Business, 23.06.2019 07:50
Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.
Answers: 1
Business, 23.06.2019 09:30
Let's consider a hypothetical airline, mudlarks airlines. on one of its flights, precious records show that about 15% of people who had tickets for the flights did not take the flight. there are 120 seats on the plane. 1. how many tickets should mudlarks airlines sell for this flight? 2. as an added consideration, suppose that tickets on this flight cost a flat rate of $250. in addition, mudlarks airlines must give any traveler who purchased a seat for the flight, but who cannot travel due to overbooking, a $400 certificate for their trouble. does this change your answer in question one? now, suppose that mudlarks airlines forms a partnership itch another airline, puffin air. their agreement allocates 100 seats on the flight to mudlarks airlines and another 20 seats to puffin air. the 2 airlines sell tickets for the flight independently of each other. 3. assuming the same 15% no show percent for each airline, how many tickets should each sell?
Answers: 3
are the most common form of business organization, comprising about 71 percent of all firms. Each i...
Spanish, 05.05.2020 02:51
Mathematics, 05.05.2020 02:51
Advanced Placement (AP), 05.05.2020 02:51
Social Studies, 05.05.2020 02:51
History, 05.05.2020 02:51
Mathematics, 05.05.2020 02:51
Mathematics, 05.05.2020 02:51
Chemistry, 05.05.2020 02:51
History, 05.05.2020 02:51