Which is not a major advantage of a sole proprietorship?

ease of starting the business

the possibility of fast, flexible decision making

full control by the owner

unlimited personal liability

How is a savings account most useful

What leads to an increase in specialization of labors?

Does this situation describe an equilibrium? Every student enrolled in Economics 101 must also attend a weekly tutorial.

A company manufactures mirrors. Last month's costs were:Direct materials $86,000Direct labor 149,000Manufacturing Overhead 159,000What were the conversion costs for the month?

A CPA is aware that a sole proprietor client has "skimmed" unrecorded cash receipts and thus not reported them to the Internal Revenue Service.

A small company has 5000 shares. Lauren owns 200 of these shares. The company decides to split its shares. What is Lauren's ownership percentage after the split?

What are the two facets of a mode of production according to E. K. Hunt? Define them.

Assume that a risky security pays an average cash flow of $100 in one year. The risk-free rate is 5%, and the expected return on the market index is 13%.

Jeremy is considering forms of business organization, including the limited liability company (LLC), for his concessions business-Kettle Popt-Korn. Most states require that an LLC have

is the process managers use to continually monitor all phases of the production process to ensure that quality is being built into the product from the beginning and that quality is not being inspected into the product at the end of the production