Answer:
D) S corporation.
Explanation:
S corporations do not pay any income taxes. Instead, shareholders pay individual taxes over their dividends.
In this case, the three shareholders are not thinking about getting any dividends for the first few years, they want to reinvest all profits, therefore, their company would not pay any taxes, and neither would they individually.
Answer: rivals announce their monthly profit margins in public.
Explanation:
Strategies are the actions or plans which are put in place by a company in order to have competitive edge over its rivals and also achieve the organization objectives.
Managers must modify their strategies when:
• changing circumstances affect performance and the desire to improve the current strategy.
• rivals make or adjust moves in the market due to the shifting needs of buyers.
• encountering stagnating market conditions and increasingly restrictive new customer acquisition opportunities.
• evidence is mounting that the current strategy is becoming less effective.
The last option isn't necessary in order to modify their strategies. Rivals announcing their monthly profit margins in public isn't enough reason for a company to alter its strategies.
Answer:
The statement is False
Explanation:
Work packages is the one which is described as the group of the tasks which are related within the project. As the work packages look like the projects themselves, and they are usually the sub- projects from the larger or big project.
The statement is false as work packages does not provide the sufficient detail for developing the schedule of the project as the work packages are the smallest unit of the work and the group of the tasks related to the products.
Answer:
$2,500
Explanation:
The computation of the amount is shown below;
In the case when the modified AGI upto $180,000 so it would be credit by $2,500 per eligible student
As we can see that in the given situation there is modified AGI that reported $148,000 so here the amount of the American Opportunity credit for 2020 is $2,500 also we assume that the eligibility condition would be satisfied
Answer:
1) For seeking unpaid compensation.
2)Yes
3) by being proactive and ensuring that their documentation is in order and complies with the Act to protect against future mechanic's liens.
Explanation:
1) Mechanic’s liens are legal documents that essentially reserve the rights of the filer to seek unpaid compensation.
2) If the subcontractor or supplier (Donald in this case) isn't paid by the general contractor (whatcom in this case), the law allows the subcontractors to come after the house owner (Alice and harry) and the real property that was improved (which is often a house).
3) Property owners should be proactive from the start. Even before the construction process begins, owners should ensure that their documentation is in order and complies with the Act to protect against future mechanic’s liens. The Act affords great protection for owners when the Act is strictly adhered to. Even minor deviations from the Act by general contractors or subcontractors may declare a lien unenforceable.
Before the improvement starts, the property owner should have: a written construction contract with the general contractor, a contractor’s sworn statement, lien waivers, and an owner’s sworn statement.
