Since sole proprietorships are extensions of their owners, they:
A. lack permanence.
B. offer limited liability.
C. have the ability to pool financial resources.
D. lack tax advantage.
Answer: A
You might also like to view...
You have decided to evaluate the following bonds to include in your portfolio:
a) Determine the invoice price, the accrued interest, and the quoted price of each bond. Find the quoted price as the difference between the invoice price minus the accrued interest and verify this result using the PRICE function.
b) Determine the yield to call on these bonds if the time to first call and the call premium for each one of them are the following:
f) Determine the duration, modified duration, and convexity of these bonds.
g) Create a chart that shows the relationship of theses bond’s convexity to your required return. Use a range of 1% to 15% in calculating the convexity.
The analysis of sales figures for a retailer has been greatly facilitated by the use of UPCs
Indicate whether the statement is true or false
Lists the main components of a computer.
What will be an ideal response?
Under process costing, the costs incurred by each department are reported in a separate production cost report for each department
Indicate whether the statement is true or false