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IRINA_888 [86]
1 year ago
5

An increasingly important advantage of the limited liability company is that its members?

Business
1 answer:
victus00 [196]1 year ago
8 0

An increasingly important advantage of the limited liability company is that its members are "able to deduct its operating losses against the member's regular revenue to the extent permitted by law".

<h3>What do you mean by limited liability company?</h3>

A Limited Liability Company (LLC) is refers to as a type of organization in which the members of that company is not liable for the losses occur in the business. The duties and responsibilities regarding losses are restricted here.

Adding to it, that means if the company fails to pay off its losses or debts to creditors, the personal assets of the members will not be added while paying the debt.

It is an enterprise structure that is the combination of the pass-thru taxation that is related to a partnership or sole proprietorship along with the rules of the company.

The main advantage of this type of company is that the members of that LLC can reduce their all operating losses like travelling, insurance, office supplies, payroll etc.

Moreover, the other benefits of Limited liability company include that this is more flexible than the other corporations and it provides different rights, classes and preferences to their members or managers.

Learn more about limited liability company, refer to the link:

brainly.com/question/3521418

#SPJ4

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Someone add a random question I need it I’ll give brainless it’s just the questions are toooo hard pls
Brut [27]

Answer:

ok go too my profile

Explanation:

5 0
3 years ago
When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redempt
Masja [62]

COMPLETE QUESTION:

When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redemptions are collected and processed by tracking services such as IRI's InfoScan. Consumer product firms such as Procter & Gamble use data collected by IRI to allocate scarce marketing resources. Which of the following data are NOT collected at retail checkout counters?

Answer: household demographics

Explanation:

Consumer product firms such as Procter & Gamble that uses data collected by IRI to allocate scarce marketing resources don't collect consumer's data that includes household demographs because in allocating scarce marketing resources household demographs are not important data.

3 0
3 years ago
Read 2 more answers
Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others.
hammer [34]

The  two career pathways that imogene is best suited for is: National Security and Governance.

<h3>What is National Security and Governance?</h3>

National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.

Based on the scenario given Imogene should go choose  National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.

Therefore The  two career pathways that imogene is best suited for is: National Security and Governance.

Learn more about National Security and Governance here:brainly.com/question/25375059

#SPJ1

8 0
1 year ago
Europe places a $1 per pound import tax on lobsters
Mice21 [21]
Is this a question or a fact?
8 0
3 years ago
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company
Bezzdna [24]

Answer: The matching principle

       

Explanation: Matching principle is a combination of accrual accounting and revenue recognition. It states that the expenses of a company must be recorded at the same accounting period in which they were incurred to earn such revenues.

In the given case, Apple is reporting the warranty expenses at the same time period in which the revenue from such expenses is recognized.

Hence we can conclude that the given case illustrates the matching principle.

6 0
3 years ago
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