Which of the following is a disadvantage of the sole proprietorship form of ownership

A. Limited liability

B. Unlimited liability

C. Split responsibility

D. Control over business

Not-for-profit organizations do not have to pay taxes on their income

Assume that the building the company wants to build is a manufacturing plant and that it was going to be built in a semi-residential neighborhood.

A fixed asset with a 5-year estimated useful life is sold during the second year. How would the use of the straight-line method of depreciation instead of the double-declining balance method of depreciation affect the amount of gain or loss on the

Delivery costs at Hernandez, Inc. appear below for specific months of operations: Month Amount Units Produced March $20,000 16,000 April $18,000 12,000 Which type of cost are delivery costs at Hernandez?1. Mixed2. Variable3. Fixed

Animated comedy show, American Family, is being broadcast in Houston. A potential advertiser wants to know how popular the show is in Houston, as well as across the U. S.

For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes more elastic because firms may need to invest in additional capital in order to increase production further. True or False?

Economics A. assumes irrationality if people are paid enough. B. assumes individuals are rational and respond to different incentives. C. assumes government involvement in the economy is always beneficial. D.

Which of these is an example of a final good? A. wood. B. steel C. needle

EarthWear's income before taxes is $36 million (rounded). Assume that the auditors have decided that 5 percent of this benchmark is appropriate for planning materiality and allocate 50 percent of it as tolerable misstatement. b.

Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Units Work-in-process, April 1 (25% complete) 58,000 Total units in process during April298,000 Work-in-process, April 30