Answer:
D.Being punctual, managing time and enforcing polices.
Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.
Explanation:
Sole proprietors are asked to contribute to both the Social Security and Medicare systems,this type of contributions is known as the "self-employment taxes."
Self-employment taxes are considered equal to the payroll tax in case of an employees of a business. Regular employees are said to make their contributions to the above mentioned two programs in form of deductions fr, sole proprietors make such contributions when the pay their income tax
The rate of self-employment tax is 15.3%, which is further divided as 12.4% of Social Security and 2.9% of Medicare .
Thus we can say that Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.
Answer:
B. Getting caught in the transition period without a clear strategic advantage.
purchase of weapons for the military
Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.
<h3>What is
market?</h3>
- A market is a collection of systems, institutions, processes, social relationships, or infrastructures in economics that allow parties to exchange goods and services.
- While parties may trade goods and services for money, the majority of markets rely on sellers providing their wares or services—including labor—to customers in exchange for payment.
- A market, in this sense, is the mechanism by which the costs of goods and services are decided.
- Markets enable distribution and allocation of resources in a community and facilitate trade.
<h3>What purpose do markets serve?</h3>
- Markets are crucial.
- They serve as the exchange mechanism for corporate stock and provide access to funds for firms.
- Markets have a key role in how prices are set, how liquidity is transformed, and how businesses may meet customer wants.
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