Homework Answers
| Proprietorship | Partnership | Corporation | ||
| A | Do not have enough fund and personal fund is not liable. | × | ||
| B | Anna and sui- two people, therefore its a partnership. | × | ||
| C | Unincorporated business with five people | × | ||
| D | Chi has to report profit on tax return | × | ||
| E | Owner losses, only the capital invested | × |
Add Answer to:
T11-2 (book/static) For each of the following scenarios, select an "X" under the applicable form of...
2. Forms of business organizations Aa Aa Businesses can be classified into the following forms: a...
2. Forms of business organizations Aa Aa Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability company (LLC), and a limited liability partnership (LLP) Different forms of businesses have different characteristics. Which of the following characteristics would apply to a corporation? Check all that apply Owners have limited liability Owned by single individual Exempt from double taxation Easier to transfer ownership in the form of stock X Chartered by a state and...
ignment Saved Help Save & E makes sense for their business. The goal of this click...
ignment Saved Help Save & E makes sense for their business. The goal of this click and drag is to demonstrate your understanding of the risks and liabilities, formalities and expenses, and income tax rules when selecting a type of business formation. Review the statements and scenarios listed. Place each selection into one of the columns to denote which business formation is being described and if the statement is an advantage or disadvantage of that business formation option. Double Taxation...
agree or not? What are the advantages and disadvantages of changing the company organization from a...
agree or not? What are the advantages and disadvantages of changing the company organization from a sole proprietorship to an LLC? A sole proprietorship is a company that is own by one person and is the simplest form of business to start (Ross, Westerfield & Jordan, 2020). Since there is only one owner for the organization, the sole proprietor retains all the profits from the business. On the other hand, a sole proprietor is also responsible for any debts, liabilities...
TRUE OR FALSE/ MULTIPLE CHOICE and word response questions. C. a more permanent government involvement in the ba...
TRUE OR FALSE/ MULTIPLE CHOICE and word response
questions.
C. a more permanent government involvement in the banking system, even creating a pational banking system that owns and operates most of the global and regional banks. Deshort-term increases in government spending to stimulate the economy. 20. When describing the state of the U.S. economy, reporters often refer to the nation's GDP, its unemployment rate, and the CPI. Explain what each of these terms means and why each measure is significant....
Conduct a hypothesis test for the following scenarios. You may compute the p-value either by simulation or test-statistic 1) 2) 3) at least one problem must be done by test-statistic conversion a...
Conduct a hypothesis test for the following scenarios. You may compute the p-value either by simulation or test-statistic 1) 2) 3) at least one problem must be done by test-statistic conversion at least one problem must be done by simulation simulation should involve at least 10,000 trials. The grading scheme is as follows: Identify and describe the parameter of interest. State the null and alternative hypotheses, using correct notation. Be specific with your parameters. 2pts State the value of the...
Please read the article and answer about questions. You and the Law Business and law are...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
QUESTION 1 Manuela has worked as an accountant in her own accounting business, a sole proprietorship,...
QUESTION 1 Manuela has worked as an accountant in her own accounting business, a sole proprietorship, for more than seven years. Among the services she offers is tax return filing and personal investment advising. Which of the following is true of Manuela’s business? A. Manuela has little control over the management and operations of her business. B. Manuela has unlimited liability. C. Outside funding for the business has been easy for Manuela to obtain. D. Manuela had varied and complicated...
Chapter 16 The Tax Is Illegal—Getting the Story Out 1. Is it the TRUTH? 2. Is...
Chapter 16 The Tax Is Illegal—Getting the Story Out 1. Is it the TRUTH? 2. Is it FAIR to all concerned? 3. Will it build GOODWILL and better FRIENDSHIPS? 4. Will it be BENEFICIAL to all concerned? —The “Four Way Test,” written by Herbert J. Taylor, adopted as creed of Rotary International, 1943 Lunapark was an urbanized township. It used to have farms, but they were all gobbled up with housing developments. The only businesses were nonagricultural manufacturers, offices, and...
1) analyze the following case 2) give a summary and suggest ways for the company ——————...
1) analyze the following case 2) give a summary and suggest ways for the company —————— Salesforce.com, one of the most disruptive technology companies of the past few years, has single-handedly shaken up the software industry with its innovative business model and resounding success. Salesforce provides customer relationship management (CRM) and other application software solutions in the form of software as a service leased over the Internet, as opposed to software bought and installed on machines locally. The company was...
Ch 1 1. Given the following dat Dec 31 Year 2 Dec 31 Year 1 Total...
Ch 1 1. Given the following dat Dec 31 Year 2 Dec 31 Year 1 Total liabilities S128,250 $120,000 Total stockholders oquity 95.000 80.000 compute the ratio of liabilities to stockholders' equity for each year Round to two decimal places 1.50 and 107, 11.35 and 1.50 respectively respectively 1.07 and 1.19. 1.1.19 and 1.35 respectively respectively The liabilities and stockholder's equity of a company are $132,000 and $244.000, respectively. Assets should equal SS188.00 $132.00 p $376,00 12.000 A financial statement...
2. Forms of business organizations Aa Aa Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability company (LLC), and a limited liability partnership (LLP) Different forms of businesses have different characteristics. Which of the following characteristics would apply to a corporation? Check all that apply Owners have limited liability Owned by single individual Exempt from double taxation Easier to transfer ownership in the form of stock X Chartered by a state and...
ignment Saved Help Save & E makes sense for their business. The goal of this click and drag is to demonstrate your understanding of the risks and liabilities, formalities and expenses, and income tax rules when selecting a type of business formation. Review the statements and scenarios listed. Place each selection into one of the columns to denote which business formation is being described and if the statement is an advantage or disadvantage of that business formation option. Double Taxation...
TRUE OR FALSE/ MULTIPLE CHOICE and word response
questions.
C. a more permanent government involvement in the banking system, even creating a pational banking system that owns and operates most of the global and regional banks. Deshort-term increases in government spending to stimulate the economy. 20. When describing the state of the U.S. economy, reporters often refer to the nation's GDP, its unemployment rate, and the CPI. Explain what each of these terms means and why each measure is significant....
Conduct a hypothesis test for the following scenarios. You may compute the p-value either by simulation or test-statistic 1) 2) 3) at least one problem must be done by test-statistic conversion at least one problem must be done by simulation simulation should involve at least 10,000 trials. The grading scheme is as follows: Identify and describe the parameter of interest. State the null and alternative hypotheses, using correct notation. Be specific with your parameters. 2pts State the value of the...
Ch 1 1. Given the following dat Dec 31 Year 2 Dec 31 Year 1 Total liabilities S128,250 $120,000 Total stockholders oquity 95.000 80.000 compute the ratio of liabilities to stockholders' equity for each year Round to two decimal places 1.50 and 107, 11.35 and 1.50 respectively respectively 1.07 and 1.19. 1.1.19 and 1.35 respectively respectively The liabilities and stockholder's equity of a company are $132,000 and $244.000, respectively. Assets should equal SS188.00 $132.00 p $376,00 12.000 A financial statement...
Most questions answered within 3 hours.
-
An economy has a Cobb–Douglas production function:
Y=Kα(LE)1−αY=Kα(LE)1−α
The economy has a capital share of 0.30,...
asked 8 minutes ago -
60.0 mL of a silver chlorate solution with a concentration of
0.654 M is mixed with...
asked 13 minutes ago -
Asked if he has any regrets about the way he's handled the
coronavirus crisis so far,...
asked 24 minutes ago -
True or False?
Considering a door as a rigid body. Its angular motion happens
in a...
asked 28 minutes ago -
In
IUPAC naming, do we concider the prefix in alphabatizing?
In other words do we look...
asked 33 minutes ago -
If a trust has income required to be distributed of $11,500,
other amounts paid or required...
asked 49 minutes ago -
The degree of ionization of a weak acid
____________________.
Select all that are True.
a) varies...
asked 49 minutes ago -
Cereal for Breakfast. A cereal company claims
70% of Americans start the day with cereal for...
asked 50 minutes ago -
An elevator has a placard stating that the maximum capacity is
2400 lblong dash15 passengers. So,...
asked 52 minutes ago -
two charged proteins P1 and P2 are located at the positions
(1m,1m) and (-1m,1m) respectively on...
asked 1 hour ago -
eBook
Calculator
Job Order Cost Sheet
Remnant Carpet Company sells and installs commercial carpeting
for office...
asked 1 hour ago -
Using Kapustinskii equation, determine the lattice energy of a
hypothetical compound NaCl2 . Assume the sum...
asked 1 hour ago