The advantages of the partnership form of business organization, compared to corporations, include Multiple Choice Single...
The advantages of the partnership form of business organization, compared to corporations, include
Multiple Choice
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Single taxation.
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Ease of raising capital.
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Mutual agency.
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Limited liability.
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Difficulty of formation.
Homework Answers
Solution:
The advantages of the partnership form of business organization, compared to corporations, include "Single taxation".
Hence first option is correct.
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The advantages of the partnership form of business organization, compared to corporations, include
Multiple Choice
Single...
Which of the following is not a principal characteristic of the partnership form of business organization?...
Which of the following is not a principal characteristic of the partnership form of business organization? a. Mutual agency b. Association of individuals c. Limited liability d. Limited life The basis for dividing partnership net income or net loss is referred to as any of the following except the a. income ratio. b. income and loss ratio. c. profit and loss ratio. d. capital ratio.
Suppose you want to combine the tax advantages and management flexibility of a partnership with the...
Suppose you want to combine the tax advantages and management flexibility of a partnership with the limited liability of a corporation. What type of business organization form should you choose? Limited partnership. Limited liability company. S-Corporation.
A weakness of a partnership form of business organization is ___(Choose all that are correct). the...
A weakness of a partnership form of business organization is ___(Choose all that are correct). the difficulty in liquidating or transferring ownership the difficulty in maintaining owners' control that each partner is legally liable for all debts of the partnership the double taxation of income Question 4 4 pts The Johnson Corporation has earnings before interest and taxes of $50,000. The company has a flat corporate tax rate of 35%. If the company pays $12,000 in preferred stock dividends, what...
The individual assets invested by a partner in a partnership a revert back to that partner...
The individual assets invested by a partner in a partnership a revert back to that partner if the partnership liquidates. e determine that partner's share of net income or loss torre you c. are jointly owned by all partners. d. determine the scope of authority of that partner. Which one of the following would not be considered e following would not be considered a disadvantage of the partnerstig om organization? a. Limited life b. Unlimited liability c. Mutual agency d....
The major advantages of the corporate form of organization include (1) limited( type your answer here)...
The major advantages of the corporate form of organization include (1) limited( type your answer here) of stockholders, (2) continuous (type your answer here ) and (3) ease of transferring type (your answer here ).
Multiple Choice Question 55 The ability of a corporation to obtain capital is enhanced because of...
Multiple Choice Question 55 The ability of a corporation to obtain capital is enhanced because of limited liability and ease of share transferability less than a partnership. restricted because of the limited life of the corporation about the same as a partnership.
These are all multiple choice questions. I need your help, and I need them for tonight....
These are all multiple choice questions. I need your help, and
I need them for tonight. Please... Thank you ?
We were unable to transcribe this imageMultiple Choice Question 136 When admitting a new partner by investment, a bonus to old partners is sometimes justified because goodwill may exist and it is not reflected in the accounts. is usually unjustified because book values clearly reflect partnership net worth. results if the debit to cash is equal to the new partner's...
Question 35 (1 point) Which of the following are advantages of the corporate form of business...
Question 35 (1 point) Which of the following are advantages of the corporate form of business ownership? 1. limited liability II. double taxation III. ability to raise capital IV. unlimited firm life OI and II only O III and IV only O I, II, and III only OI, III, and IV only
Which of the following is true? Group of answer choices A. Under the partnership form of...
Which of the following is true? Group of answer choices A. Under the partnership form of business organization, the owners are not personally liable for the debts of the business. B. When employees are paid by the hour, their incentive to shirk is removed. C. The limited liability of stockholders under the corporate business structure makes it easier to raise equity capital. D. Under the corporate form of business organization, the owners of the firm are personally liable for its...
What type of legal entity do many entrepreneurs use and why? Multiple Choice Sole Proprietorships due to the ease of initially setting up an organization. C Corporation due to its accounting system an...
What type of legal entity do many entrepreneurs use and why? Multiple Choice Sole Proprietorships due to the ease of initially setting up an organization. C Corporation due to its accounting system and financial reporting information. C Corporation due to its ability to finance with both debt and stock. LLC due to its tax advantages and the limited liability aspect to owners.
Which of the following is not a principal characteristic of the partnership form of business organization? a. Mutual agency b. Association of individuals c. Limited liability d. Limited life The basis for dividing partnership net income or net loss is referred to as any of the following except the a. income ratio. b. income and loss ratio. c. profit and loss ratio. d. capital ratio.
A weakness of a partnership form of business organization is ___(Choose all that are correct). the difficulty in liquidating or transferring ownership the difficulty in maintaining owners' control that each partner is legally liable for all debts of the partnership the double taxation of income Question 4 4 pts The Johnson Corporation has earnings before interest and taxes of $50,000. The company has a flat corporate tax rate of 35%. If the company pays $12,000 in preferred stock dividends, what...
The individual assets invested by a partner in a partnership a revert back to that partner if the partnership liquidates. e determine that partner's share of net income or loss torre you c. are jointly owned by all partners. d. determine the scope of authority of that partner. Which one of the following would not be considered e following would not be considered a disadvantage of the partnerstig om organization? a. Limited life b. Unlimited liability c. Mutual agency d....
Multiple Choice Question 55 The ability of a corporation to obtain capital is enhanced because of limited liability and ease of share transferability less than a partnership. restricted because of the limited life of the corporation about the same as a partnership.
These are all multiple choice questions. I need your help, and
I need them for tonight. Please... Thank you ?
We were unable to transcribe this imageMultiple Choice Question 136 When admitting a new partner by investment, a bonus to old partners is sometimes justified because goodwill may exist and it is not reflected in the accounts. is usually unjustified because book values clearly reflect partnership net worth. results if the debit to cash is equal to the new partner's...
Question 35 (1 point) Which of the following are advantages of the corporate form of business ownership? 1. limited liability II. double taxation III. ability to raise capital IV. unlimited firm life OI and II only O III and IV only O I, II, and III only OI, III, and IV only
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