When troy smith started the first top hat restaurant by himself, he was considered a ___________; when charlie pappy joined him later, the business became a _____________?

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Answer 1
The answer is sole proprietor; partnership
Sole proprietor is the type of business that only has one shareholder, and all the profit will go directly to him.
Partnership on the other hands, have more than one shareholder, and the profit will be divided according to the percentage owned by each shareholders.

Related Questions

During a recent conversation with martha, george is determining which information is useful and accurate and which conclusions are more valid and which information is less useful and which conclusions are less valid. george, in this case, is performing

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In this case, George is performing analytical thinking. He is listening to what information is given to him and is analyzing each piece for its usefulness. He is determining what pieces of information are true and which are false or exaggerated.

A small change in the rate of productivity growth will have a large impact on output in the short run but a small impact in the long run
a. True
b. False

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False A change in productivity growth is similar to compounded interest. A small change has a small effect in the short run because it is a small change. However as time goes on the effect accumulates and the difference "compounds" upon itself.

If gdp (measured in billions of current dollars) is $5,465 and the sum of consumption, investment, and government purchases is $5,496, while exports equal $673, imports are:

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The imports are 704 billion dollars

To calculate the imports, we rearrange the GDP formula to Imports = Exports + (Consumption + Investment + Government spending) - GDP, and after inserting the given values, we determine that imports are $704 billion.

The question revolves around calculating the imports given the total Gross Domestic Product (GDP) and other components of the GDP calculation. We use the formula: Consumption + Investment + Government spending + (Exports
- Imports) = GDP. In this case, we are given that the GDP is $5,465 billion, consumption + investment + government spending is $5,496 billion, and exports are $673 billion. To solve for imports, we rearrange the equation to Imports = Exports
+ (Consumption + Investment + Government spending) - GDP. Inserting the given values, we get imports = $673 billion + $5,496 billion - $5,465 billion, which results in $704 billion as the value for imports.

The johnsons have accumulated a nest egg of $50,000 that they intend to use as a down payment toward the purchase of a new house. because their present gross income has placed them in a relatively high tax bracket, they have decided to invest a minimum of $2800/month in monthly payments (to take advantage of the tax deduction) toward the purchase of their house. however, because of other financial obligations, their monthly payments should not exceed $3400. if local mortgage rates are 5.5%/year compounded monthly for a conventional 30-year mortgage, what is the price range of houses that they should consider? (round your answers to the nearest cent.)

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Final answer:

To determine the price range of houses the Johnsons should consider, we need to find the loan amount they can afford. This can be calculated using the monthly payments they can make and the interest rate. The price range will be the range between the maximum and minimum loan amounts.

Explanation:

The Johnsons have accumulated a nest egg of $50,000 that they intend to use as a down payment toward the purchase of a new house. To take advantage of the tax deduction, they want to invest a minimum of $2800/month, but their monthly payments should not exceed $3400 due to other financial obligations. Assuming a local mortgage rate of 5.5% compounded monthly for a conventional 30-year mortgage, we can calculate the price range of houses they should consider.

To determine the price range, we need to find the loan amount they can afford. The maximum loan amount is based on the monthly payments they can make and the interest rate. Let's say the loan amount is x. Using the formula to calculate the monthly payment of a mortgage, we can set up the following equation: x * 0.055/12 / (1 - (1 + 0.055/12)^(-30*12)) = $2800. Solving this equation will give us the maximum loan amount.

On the other hand, the monthly payment should not exceed $3400. Solving the same equation with a monthly payment of $3400 will give us the minimum loan amount.

The price range of houses they should consider will be the range between the maximum and minimum loan amounts.

If consumer income increases by $100 million in the united states and the mpc is .6, by how much will consumption increase?

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The marginal propensity to consume (MPC) is a measure of the proportion of extra income that will be spent on consumption. If an individual receives an extra $100 and spends $60 on consumption then the person’s MPC is 0.60. If consumer income in the United States increases by $100 million and the MPC is 0.60 consumption in the US will increase by $60 million.

Describing matter worksheet physical property that makes metal pots good for cooking is

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The physical property that may be able to provide a beneficiary for metal pots as a source of good cooking is its heat conductivity of which allow this material to be conducted to heat and allows the food to be cooked thoroughly making it good for cooking.

A physical property that makes metal pots good for cooking is that metals are excellent thermal conductors.  

Metals are good for cooking pots because they are excellent thermal conductors. This means that heat can easily travel through the metal, allowing the pot to heat up uniformly and cook food efficiently. Additionally, metals have a high melting point, which means they can withstand the high temperatures required during cooking without being damaged. This explains why cooking pots are metal, but their handles are often made from materials like plastic or wood, which are poor thermal conductors and prevent burns to the user's hands.

Value chains determine ________. structured business processes social media's flow social media's requirements unstructured business processes

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Value chains determine structured business processes. The value chain model was proposed and developed by  Michael Porter. The model describes the process of production and sale from its beginning (the businesses receive raw materials), add value to the raw materials through various processes till the end ( creation of a finished product), and then sell that end product to customers.

Which country, of those listed below, has the lowest percentage of women in senior management?

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As there is no countries listed but the percentage of women in senior management of some countries are as follows:
Women in senior management in China = 50%
Women in Senior management in Poland = 48%
In Germany = 30%
and in United States = 20%
Now you can see that which country has lowest percentage of women in senior management and that is United States.

HURRY,HURRY,HURRY!! please help will make brainiest answer
The chart indicates the education of three different employees.

Which best matches the employee and their potential career?

A.Hallie is qualified to be a Dentist, Oran is qualified to be a Video Game Designer, and Wade is qualified to be a Carpet Installer.
B.Hallie is qualified to be a Carpet Installer, Oran is qualified to be a Dentist, and Wade is qualified to be a Video Game Designer.
C.Hallie is qualified to be a Video Game Designer, Oran is qualified to be a Dentist, and Wade is qualified to be a Carpet Installer.
D.Hallie is qualified to be a Dentist, Oran is qualified to be a Carpet Installer, and Wade is qualified to be a Video Game Designer.

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I think your answer is B

From the table given with the question, it is clear that the best jobs that each person can have according to their level of qualifications are (C) Hallie is qualified to be a Video Game Designer, Oran is qualified to be a Dentist, and Wade is qualified to be a Carpet Installer.

A carpet installer can have a high school degree, thus a Bachelor’s degree would be too high of a qualification for the job. A person who works has a dentist would need additional qualifications beyond a Bachelor’s degree in order to open his or her dental practice. A bachelor’s degree would suffice for a video game designer.

For your business to be successful you will need a strategy for beating the competition, that is, a ________.

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The answer is the letter "B" Competitive Advantage.

Darren is trying to fix a toilet that clogged when his young son tried to flush his teddy bear. darren has been plunging the toilet for the last hour and so far it has not worked. despite his lack of success, darren keeps trying the plunger in hopes that it will eventually succeed. darren appears to exhibi

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You may have heard the definition of insanity is doing the same behavior over and over again expecting a different result. This is simply not the case here. Here, Darren is actually exhibiting perseveration, a psychological or persistent repetition of a word, gesture or action. Typical of dementia patients, those with traumatic brain injury, anxiety, or OCD tendencies.

Approximately how large is the federal debt per capita

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The current US national debt stands at about $20.4 trillion, or roughly [tex]2.04\times10^{13}[/tex] dollars. For comparison, the US population is currently around 323 million people, or [tex]3.23 \times 10^{8}[/tex] people.

To find the amount of that debt each citizen shoulders, we can divide the two:

[tex] \frac{2.04\times10^{13}}{3.23\times10^{8}} \\\\ = \frac{2.04}{3.23}\times 10^{5}[/tex]

Dividing 2.04 by 3.23 gets us approximately 0.632, so the total debt of each citizen would be about

[tex]0.632\times10^{5}=0.632\times100,000=6320[/tex]

So, the US has a per capita federal debt of roughly $63200

Game theory is necessary to understand which kinds of markets? (i) perfectly competitive (ii) monopolistically competitive (iii) oligopoly (iv) duopoly (v) monopoly

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Final answer:

Game theory is particularly necessary for understanding oligopoly, duopoly, and monopoly markets where the decisions of a few players significantly impact others. On the contrary, in perfectly competitive and monopolistically competitive markets, firms are price takers with no strategic interdependence.

Explanation:

Game theory is a significant tool for understanding situations in which decision-makers interact such as those in oligopoly, duopoly, and monopoly markets. In these markets, the decisions of few sellers have a direct impact on the decisions and outcomes of others. For instance, in oligopoly and duopoly, companies are always in strategic interdependence where the actions of one firm significantly influence and are influenced by the actions of the other firms.

Conversely, in perfectly competitive and monopolistically competitive markets, firms are price takers and don't consider the reactions of other firms, hence less application of game theory. For example, the firm in a pure monopoly market has complete control of the market and doesn't have any direct competition. Therefore, while game theory can help understand strategic situations in various market structures, its necessity is more pronounced in oligopoly, duopoly, and monopoly markets.

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What is the relationship between weather, climate, axis, temperature, revolution, equinox, and solstice?

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Revolution, axis, equinox, and solistice all play a roll to the location of the earth and which locations are closest to the sun.. A location that is on a further point of axis during a winter month with a slow revolution will have a colder climate and more liklihood of snow than a location closer to the sun, which will have warmer, humid weather with a higher likliehood of rain.

Indirect persuasion in advertising: how consumers process metaphors presented in pictures and words

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Indirect persuasion attempts are common in magazine advertisements. Although the use of an indirect claim presumably offers some advantage to an advertiser, as yet, little is known about how consumers process different types of indirect claims. I think they develop the proposition that when consumers are presented with an indirect metaphorical claim, they become more receptive to multiple positive inferences about the advertised brand. In addition, when the indirect metaphorical claim takes the form of a picture, consumers are more likely to spontaneously generate such positive inferences at the time of ad exposure. These ideas are supported in an experiment using response latency data. Because many of the inferences examined in this study could be considered misleading if claimed directly, the paper concludes with a discussion of the public policy implications of the findings.

What is the level of measurement where outcomes are based on some underlying continuum where it is possible to speak about how much more a higher performance is than a lower one?

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The answer is interval level of measurement. In this level of measurement, the distance or space between points does have significance. For instance, when we measure temperature (in Fahrenheit), the distance from 80-90 is similar as the distance from 100-110. Thus, the interval between values is interpretable.

What is one advantage and one disadvantage of the global economy for American workers?

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An advantage is that American workers can be paid higher wages for the work they do which is also more specialized. A disadvantage of that at the same time is that they get fewer jobs in the end as its cheaper to employ workers overseas in China. 

Final answer:

The global economy provides American workers with an increased number of job opportunities, but it also poses the risk of job loss or wage reduction due to the potential for companies to outsource for cheaper labor.

Explanation:

The global economy offers both advantages and disadvantages to American workers. One major advantage is the broadening of job opportunities. Due to globalization, companies are able to operate internationally which opens up numerous new markets and job possibilities for workers. This can pave the way for American workers to have a more diverse and enriching work experience.

However, one significant disadvantage is the potential for job loss or wage reduction. With the global economy, companies often look for cheaper labor overseas, sometimes leading to the outsourcing of jobs. This can result in layoffs or wage decreases for American workers as companies attempt to cut costs.

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If the cpi increases from 250 to 275 for one year, the rate of inflation for that year is

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 the rate of inflation for that year is 10%

To calculate the rate of inflation for that year, we need to use this formula:

Rate of inflation =  (CPI2 - CP1) /  CPI1

Rate of inflation = (275 - 250) / 250

Rate of inflation = 25 / 250

Rate of inflation = 1 / 10

Rate of inflation = 10 %

Over the past two decades, more than 50 nations have participated in at least one massive international test of educational achievement. longitudinal data finds that _____.

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Over the past two decades, more than 50 nations have participated in at least one massive international test of educational achievement. longitudinal data finds that if achievement rises, the national economy advances.

Primary target markets differ from secondary and tertiary target markets by the

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The primary target market differs from secondary and tertiary market with its small segment in the market place as both secondary and tertiary are larger segment than of the primary target market but what made it more different from them is because of its goal of having to sell.

Question 1 which of the follow will happen if you miss a monthly credit card payment?

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What can happen if you miss a monthly credit card payment is that you will be charged a late fee, and you can also lose rewards points.
Hope this helps!

Ticket machines, atms, digital cameras, and robotics all use ______ operating systems.

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Ticket machines, ATMs, digital cameras and robotics all use EMBEDDED COMPUTER operating systems. It is also known as Real-Time Operating System (RTOS). This OS performs single task without any input requirement. It is an operating system for embedded computers.

Which type of costing system works best with a large number of homogeneous products?
a. parallel costing
b. job-order costing
c. process costing
d. sequential costing?

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the answer is C.Process Costing
Processing cost happens when company produce a large quantity of product that are nearlly identical visually.
This system based on leveraging the fixed-cost that will remain the same no matter what and how much the resource is used to produce the produc tuntil it's sold to the customers

Which of the following investments is the least liquid? A. Bank account B. House C. Stocks D. Bonds

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I believe the correct answer is C. Stocks

When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is?

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Although information may be missing, i will answer anyway as this can be answered in a general sense even without data. When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is MAXIMIZED. This just means that if efficiency is assumed to be attained in the market for a basket of goods or a specific good, then the sum of consumer and producer surplus is the highest that it can possibly be given the values and variables in a scenario. This maximization can be achieved through any distribution of total surplus whether or not there is an imbalance of surplus distribution to consumers or producers (IE one side gets more share of the total surplus than the other but the total surplus is the highest it can possibly be given the parameters in the scenario).

The sum of consumer surplus and producer surplus when efficiency is attained is known as social surplus, which is maximized at market equilibrium where demand and supply intersect.

When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is known as the social surplus, also called the economic surplus or total surplus. This represents the net benefit to society from economic activities. Consumer surplus is the difference between what consumers are willing to pay and the market equilibrium price, while producer surplus is the difference between the market price and the minimum price at which producers would still sell.

At an efficient level of output, often found at the point where demand and supply intersect, it's impossible to increase consumer surplus without decreasing producer surplus, and vice versa. The total surplus at equilibrium is larger than at any other quantity or price, indicating maximum social welfare.

Deadweight loss refers to the loss in total surplus that happens when the economy operates at an inefficient quantity, deviating from the equilibrium point. Therefore, the absence of deadweight loss at equilibrium suggests that the economy is in its most efficient state.

If everyone buys the same goods every year and the price of housing rises by 38 percent, it is

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Final answer:

Housing prices can rise sharply due to expectations of future price increases, leading to a self-fulfilling prophecy and creating a housing bubble. This bubble can burst if the prices become unsustainable, leading to a rapid market correction.

Explanation:

When discussing the phenomena where housing prices rise due to the collective expectation that they will continue to increase, we're referring to what can often be described as a housing bubble. This kind of scenario is characterized by a self-fulfilling prophecy where the demand for housing drives up the current prices because of the anticipation of future price increments. This is an important economic concept as it touches upon both consumer behavior and market psychology.

Historical data can be misleading when predicting future trends because they cannot account for sudden market shifts. For instance, based on historical averages, one might expect housing prices to rise modestly each year. However, if individuals uniformly expect housing prices to rise significantly, they might rush to buy homes as investments, which then drives prices up at a higher rate than historical averages would suggest. This can ultimately lead to a market correction or even a bubble bursting, where prices rapidly decline after reaching unsustainable levels, as was observed during the housing crisis in the mid-2000s.

Dan sends an offer to laura to sell a used computer for $350. dan says, "if you say nothing, i will consider you to have accepted my offer." laura does not respond. laura has

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The situation that is presented above shows that a condition was given by Dan for Laura to sell the computer for a certain price. It was also given that Laura has not responded to Dan's offer in any means.

This means, that Laura had accepted Dan's offer and is willing to transact with Dan for selling of the used units. 

The major differences between financial regulation in the united states and abroad relate to bank regulation. specifically, in the past, the u.s. was the only industrialized country to subject banks to restrictions on ________.

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the answer to this question is Branching
Banks branching allows banks to expand their services to an area outside their main home location.
While this may expand their target market share, it also improves the chances for companies to do money laundering, so restriction for this was made in the past.

In which career field would a person write the code for a digital music manager?
A.Computer programming
B.Database administration
C.Information security analysis
D.Software development

Answers

I believe the answer is: A. Computer programming

Computer programming is the process of creating a set of instructions will be executed by computers after it's operated. This set of instructions are what commonly referred to as 'codes' and could be used to make an order for the computer to do a certain action.

Answer:

A. computer programming

Explanation:

During an interview for a sales position at cart-logistics inc., a candidate is asked about what he would do to regain business with a client whose consignment was damaged during a business transaction with cart-logistics. this is an example of a{n} _____ interview.

Answers

This is an example of a situational interview. A situational interview is a structured interview in which the interviewer describes a situation likely to arise on the job, then asks the candidate what he or she would do in that situation.
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