Answer:
checking accounts, saving accounts, certificates of deposit, and loans.
Explanation:
Answer:
Single-layer taxation
Explanation:
Limited liability companies and S corporations are able to pass through their income as the owner's income. "LLC and S corporations" are entities, unlike the C corporation.
Pass-through entities have a taxation advantage over non- pass-through entities. In tax computation, a pass-through entity passes its income or losses as those of its owners; hence the entity will not be subject to income tax. The business profits are treated as income to the owners, who will pay individual tax income. LLC and S corporation have only one layer of taxation.
A C corporation is subject to taxation as an independent entity. The directors have to file corporate tax returns on behalf of the business based on the company profits. The business profits are distributed to the shareholder as dividends. The shareholders have to pay tax on the dividend received as part of their income tax. The shareholders are double-taxed, as the business owners- corporate tax and as individuals - income tax. Double layer taxation.
A 52-year-old customer is looking for investments that would generate income and growth over a 20-year investment horizon and with a moderate risk tolerance. The ideal suggestion would be the best option available is large-cap growth stocks. Large-capitalization equities provide both long-term growth potential and dividend payments, satisfying the needs of their customers.
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Large-capitalization equities</h3>
The shares of companies with a market value of $10 billion or more are referred to as large cap stocks or big caps. As investors gravitate toward quality and stability and become more risk-averse during choppy markets, large-cap equities tend to be less volatile. With a market value of more than $10 billion, a corporation is considered large-cap. The market capitalization of a small-cap company is less than $2 billion, whereas that of a mid-cap corporation is from $2 billion to $10 billion.
Large-cap firms typically have stronger access to the capital markets as well as a broader market issuing experience. The highest trading liquidity is typically found in large-cap stocks.
Learn more about large-capitalization equities here:
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Answer:
Debit Credit
Treasury Stock 69,000
Cash 69,000
Explanation:
In this transaction the corporation is paying cash to buy common stock so the amount paid for the stock will be credited as cash. So we will credit cash by 69,000 as that is the amount paid by the corporation to buy the stock. Secondly whenever a company buy's it's own stock the amount is debited as treasury stock so we will debit treasury stock by 69,000.