Homework Answers
It's the second one. In a corporation form, the ownership and share of profits is determined by the number of shares (or portion of stock) each owner has. Moreover, these (or parts thereof) can be sold to other owners (or even outsiders) making it easy to modify the pattern of ownership and share of profits.
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Which of the following is a positive feature of carrying on business as a corporation? complete...
Which of the following is a positive feature of carrying on business as a corporation? complete...
Which of the following is a positive feature of carrying on business as a corporation? complete shielding from negligent or wrongful acts of partners the availability of differing degrees of ownership and sharing of profits the ease and low cost of creating a corporation compared to other business forms partial shielding from contractual obligations
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...
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....
Which one of the following is not a basic right for common shareholders? 1) Sharing...
Which one of the following is not a basic right for common shareholders? 1) Sharing a corporation's profits through dividends declared by the board of directors. 2) Maintaining one's proportionate ownership in the corporation. 3) Receiving a proportionate share of any assets remaining before the corporation pays its liabilities in the event of liquidation. 4) Participating in a corporation by voting in shareholder meetings. Tammy Ltd. signed a note payable in exchange for equipment. How does...
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...
1. The limited liability company may elect to be manager-managed rather than member-managed, which means that...
1. The limited liability company may elect to be manager-managed rather than member-managed, which means that only authorized members may legally bind the corporation. a. True b. False 2. A corporation is a separate entity for accounting purposes but not for legal purposes. a. True b. False — 3. When compared to a corporation, one of the major disadvantages of the partnership is its limited life. a. True b. False _ 4. Each partner may withdraw the assets he or...
Question 31 (2.5 points) To which of the following forms of business can the concept of...
Question 31 (2.5 points) To which of the following forms of business can the concept of social responsibility be applied? Question 31 options: Large, public corporations All forms of corporations All businesses except those with less than 50 employees Small, privately held corporations Any form of business, from a sole proprietorship to a large corporation Question 32 (2.5 points) Which of the following best describes social responsibility? Question 32 options: A company’s attempt to maximize its profits in order to...
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...
It is based on the multiple-choice question pasted below. Use the current 21 percent tax rate....
It is based on the multiple-choice question pasted below. Use the current 21 percent tax rate. (28) in the current year, Acom, Inc., had the following items of income and expense! Sales $500,000 Cost of sales 250,000 Dividends received 25,000 The dividends were received from a corporation of which Acom owns 30%. In Acom's current yoar income tax rotum, what amount should be reported as income before special deductions? A. $525.000 B. $508,750 C. $275,000 D. $250.000 The correct answer...
5. Please answer the following questions with respect to PLC Theory (8) a. Which phase of...
5. Please answer the following questions with respect to PLC Theory (8) a. Which phase of the PLC is the pizza business? What indicators can you list? b. Given the phase of the PLC you indicated at part a: 1. What marketing mix strategies would you expect Dominos to be using? il. What marketing mix strategies is Dominos actually using? Ill. What disconnects, issues or questions arise from parts I and il above? The Strategy Carrying Domino's to New Heights...
Which of the following is a positive feature of carrying on business as a corporation? complete shielding from negligent or wrongful acts of partners the availability of differing degrees of ownership and sharing of profits the ease and low cost of creating a corporation compared to other business forms partial shielding from contractual obligations
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....
1. The limited liability company may elect to be manager-managed rather than member-managed, which means that only authorized members may legally bind the corporation. a. True b. False 2. A corporation is a separate entity for accounting purposes but not for legal purposes. a. True b. False — 3. When compared to a corporation, one of the major disadvantages of the partnership is its limited life. a. True b. False _ 4. Each partner may withdraw the assets he or...
It is based on the multiple-choice question pasted below. Use the current 21 percent tax rate. (28) in the current year, Acom, Inc., had the following items of income and expense! Sales $500,000 Cost of sales 250,000 Dividends received 25,000 The dividends were received from a corporation of which Acom owns 30%. In Acom's current yoar income tax rotum, what amount should be reported as income before special deductions? A. $525.000 B. $508,750 C. $275,000 D. $250.000 The correct answer...
5. Please answer the following questions with respect to PLC Theory (8) a. Which phase of the PLC is the pizza business? What indicators can you list? b. Given the phase of the PLC you indicated at part a: 1. What marketing mix strategies would you expect Dominos to be using? il. What marketing mix strategies is Dominos actually using? Ill. What disconnects, issues or questions arise from parts I and il above? The Strategy Carrying Domino's to New Heights...
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