A disadvantage of a sole proprietorship is?

a. the complexity of the organization.

b. the cost of starting the business.

c. the lack of limits on personal liability.

d. the difficulty of distribution.

Arden Company reported the following costs and expenses for the most recent month: Direct materials $ 80,000 Direct labor $ 42,000 Manufacturing overhead $ 19,000 Selling expenses $ 22,000 Administrative expenses $ 35,000 1) What is the total amount

One requirement for an industry to be perfectly competitive is that there are no restrictions on entry into or exit from the market. a. True b. False

A truck costs $9,200 with a residual value of $1,000. it is estimated that the useful life of the truck is four years. the amount of depreciation expense in year 2 using the declining-balance method at twice the straight-line rate is:

The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals the units transferred out plus the equivalent units for the work done during the period. True or false?

How are wages for a particular job determined?

Zwilling Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec.

Wealth Group of answer choices is a flow concept. refers to accumulated financial assets only. refers to accumulated real assets only. refers to accumulated financial and real assets.

If you get a personal loan, and the bank asks for something to guarantee the loan, the bank is asking for what? insurance collateral up front money down payment

John Grey owns Grey's Snow Plowing. In October, he collects $12,000 cash for 6 commercial accounts for which he will provide snow plowing for the next three months. John recorded the cash collection as an unearned revenue.

The following are examples of struck-by hazards. Which one is an example of a struck-by flying hazard? A. Hit by a load dropped from a crane B. Hit by a nail from a nail gun C. Run over by a vehicle in a roadway work zone