Answer:
<em>limited liability for investors
</em>
Explanation:
Limited liability is a form of legal framework for an entity in which the amount of money invested in a corporation or limited liability company will not surpass a corporate loss.
In certain phrases, private assets of investors and shareholders are not at risk if the business fails.
Answer:
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Answer:
$215,000.
Explanation:
An inventory report is a summary of items belonging to a business, industry, or organization. The physical inventory must be done in all of the locations where the firm has stocks.
If the company send inventory to a retailer as consignment, invoicing doesn’t occur until that retailer has sold said inventory. While the inventory is in the retailer’s store, the company still own it and that needs to be reflected on your Balance Sheet.
In this case, the correct amount of inventory that Railway should report is:
$180,000 of physical inventory worth + $35,000 Rogers Consignment store currently goods worth = $215,000 inventory that Railway should report.
I’m not for sure but I’m pretty positive that the answer to your question is B.
Answer:
e. $102,500 . $32,500
Explanation:
shared income = Net income for the year - salary allowance
= $135,000 - $70,000
= $65000
Farmer gets = $65000/2 + $70000
= $32500 + $70000
= $102500
Taylor gets = $65000/2
= $32500
