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tekilochka [14]
1 year ago
13

Corporation and limited liability (limited partnership) company taxed twice.

Business
1 answer:
alekssr [168]1 year ago
8 0

Option[A] is the correct answer.

Corporation and limited liability (limited partnership) company taxed twice.

Before any earnings may be distributed to shareholders, the corporation must pay income tax at the corporate rate. Any gains that are then dispersed as dividends to shareholders are again taxed at the recipient's individual rate. The company profits are thus subject to two separate income tax rates.

<h3>What is Double Taxation?</h3>

When business profits are taxed both at the corporate and personal levels, C corporations are subject to double taxation. Before any earnings may be distributed to shareholders, the corporation must pay income tax at the corporate rate. Any gains that are then dispersed as dividends to shareholders are again taxed at the recipient's individual rate. The company profits are thus subject to two separate income tax rates.

To know more about 'Double Taxation', visit: brainly.com/question/15869439

#SPJ4

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Mrs. Simpson is saving for her retirement. If she makes a payment of $1,000 at the end of each month for 15 years and earns a ra
solniwko [45]

Answer:

$272,942.36

Explanation:

The formula for calculating future value = A (B / r)  

B = [(1 + r) ^mn] - 1

FV = Future value  

P = Present value  

R = interest rate

m = number of compounding per month

N = number of years  = 0,0525 /12 = 0,004375

$1,000  (1.004375)^180 - 1 /  0,004375 =$272,942.36

8 0
3 years ago
Huprey Co. is the defendant in the following legal claims. For each of the following claims, indicate whether Huprey should (a)
Ulleksa [173]

Answer:

  1. Record a liability.
  2. Disclose in notes.
  3. Have no disclosure.

Explanation:

A contingent liability should only be recorded if the likelihood of it happening is known and the value can reasonably be estimated.

In the first scenario, it is likely that Huprey will lose so the likelihood is known. The value can also be reasonably estimated to be $1,070,000 so this should be recorded as a liability.

In the second scenario, the likelihood is known but the value cannot be estimated. In such a case, simply disclose this possibility in the notes of the financial statement.

For the third scenario, the possibility of the liability being incurred is remote so there is no need to either record or disclose the liability.

8 0
3 years ago
Explain environmental and organizational factors affecting HR forecasting.
xxMikexx [17]

Answer:

factor affecting hr fire forecasting

Employment.

Technological changes.

Organizational changes.

Demographic changes.

Culture.

Shortage of skill due to labor turnover.

Pressure groups.

Economic factors.

Explanation:

please mark me brainleast

3 0
3 years ago
According to the National Association of Colleges and Employers (NACE) survey, some of the skills that employers seek include:
rodikova [14]

Answer:

1) Problem solving skills

2) Teamwork abilities

3) Strong work ethic

4) Analytic / Quantitative Skills

Explanation:

As reported by the National Association of Colleges and Employers (NACE), during their survey on skills employers seek in candidates. They have found that the most important skills employers seek in a candidate's resume aside from a good GPA are problem-solving skills and the ability to work in a team.

Other top skills that employers want are a strong work ethic and analytical/quantitative skills. These skills were among the top six in the last year's report of NACE. While this year they have become the top four most wanted skills by an employer.

There are other skills as well that employers seek such as Communication Skills (written), Leadership, Communication Skills (Verbal), Initiative, etc. However, they are not as important as the top four skills mentioned above.

8 0
3 years ago
What are some more recent developments that have given rise to our business environment?
Citrus2011 [14]
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4 years ago
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