Sole Proprietorships Have All of the Following Advantages EXCEPT _____

question 121

Multiple Choice

Sole proprietorships have all of the following advantages EXCEPT _____.

• A)unlimited life
• B)ease of formation
• C)profits subject only to a single tax
• D)ease of liquidation

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Definitions:

Return On Stockholders' Equity

A financial ratio that measures a company's ability to generate profits from its shareholders' equity.

Return On Common Stockholders' Equity

A measure of financial performance that indicates how much net income a company generates with the money shareholders have invested.

Earnings Per Share

A financial measure that calculates the portion of a company’s profit allocated to each outstanding share of common stock, indicating profitability.

Discontinued Operations

Components of a business that have been sold or discontinued, reported separately from continuing operations in financial statements.