Which of the following is an advantage of a sole proprietorship?
a. it is easy to expand if...
Business, 29.09.2019 23:00 aylagwilliamson
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 is exempt from federal income taxes.?
Answers: 2
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Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
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