Your company, a sole proprietorship, has assets of $34,583 and liabilities of $55,867. you decide to liquidate the company. assuming you can sell the assets at their listed value, how much will you be personally liable for?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Your company, a sole proprietorship, has assets of $34,583 and liabilities of $55,867. you decide to liquidate the company. assuming you ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Inother words, ethical behavior in business has less to do with moral principles than withwhat society deems to be appropriate behavior in the business context.
Answers (1)
Ever since the organization began a group incentive program, John has noticed that his team appears more loyal to one another than they were before the group incentive program began. This illustrates which advantage of group incentives? a.
Answers (1)
Total Spa Services earned $ 135 comma 000 of service revenue during 2018. Of the $ 135 comma 000 earned, the business received $ 111 comma 000 in cash. The remaining amount, $ 24 comma 000 , was still owed by customers as of December 31.
Answers (1)
The process of making choices in increments by evaluating the additional, or marginal, benefit against the additional, or marginal, cost of an action?
Answers (1)
Which of the following is not correct? a. The value of the economist's language lies in its ability to provide you with a new and useful way of thinking about the world in which you live. b. Economists use some familiar words in specialized ways. c.
Answers (1)
New Questions in Business
To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of the year the stock value was $84, your return would be: a. 8.75% b. 8% c. 9% d. 9.25%
Answers (1)
What was the authors purpose in writing desiderata
Answers (1)
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 190.00 Variable expenses per unit $ 94.
Answers (1)
The purchase of new software is part of this expenditures approach for calculating the GDP. A. consumer spending B. sum of government spending C. sum of all the country's businesses spending on capital D. gross exports E. gross imports
Answers (1)
Mars inc., a manufacturer of cat food in texas, places an ad in a publication aimed at veterinarians. the ad explains why they should recommend mars's cat food to the owners of the cats they treat.
Answers (1)