The sole proprietor has all of the following advantages, EXCEPT
A) choice of how to pay federal and local taxes.
B) choice of location for the business.
C) choice of retirement plan.
D) choice of services to be offered.
E) choice of product to be sold.
A
Business
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The most severe measure of a retailer's liquidity is the _____
a. quick ratio b. collection period c. current ratio d. assets to net sales ratio
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Price elasticity is generally a negative number because _____
a. demand is elastic b. demand is unitary c. demand is inelastic d. of the law of demand
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