*ECONOMICS* help pls What is one of the biggest drawbacks to starting a sole proprietorship?
A. It is extremely complicated to set up.
O B. There is likely to be conflict between owners.
C. Shareholders can remove the owner from the company.
O D. The owner takes on all risk and liability.

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows: