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Vinil7 [7]
3 years ago
14

Which type of business ownership represents a hybrid between a partnership and corporation by allowing up to 100 shareholders wi

thout double taxation?
1) limited liability company
2)limited liability partnership
3)s-corporation
4)franchise
Business
1 answer:
soldi70 [24.7K]3 years ago
7 0

<u>Answer:</u>Option 2 limited liability partnership

<u>Explanation:</u>

Limited Liability partnership (LLP) is a hybrid between a corporation and partnership firm. LLP has more than one partner and some partners liabilities are limited as well as protected from other partner's liability. They also do not pay income taxes. The profits and deductions of the company are taken by the partners individually.

The LLP should have minimum two partners and maximum is not a limit. If there is any financial loss for the business it need not be borne by the partners.

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All of the following are ways to calculate different versions of ROI​ except: A. Return on sales x investment turnover B. Income
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Answer:

The answer is D

Explanation:

The formula - Revenues​ / Total Assets is not one of the ways to calculate Return on Investment (ROI)

Return on Investment (ROI) is a ratio

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The numerator must be profit while the denominator must be related to cost of Investment.

In all of the options, it is only option D that has revenue(sales) as the numerator which makes it automatically wrong.

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In addition to compensation, customers expect _____. in other words, they expect fairness in terms of policies, rules and timeli
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2 years ago
You are working at the campus bookstore, earning $9.00 per hour. Your manager tells you that in the upcoming year, you will get
Anastaziya [24]

Answer:

a. $0.09

b. $0

c. -$0.09

Explanation:

Real rate = Nominal rate - inflation rate

a. Real rate = 2% - 1%

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8 0
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Answer:

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Ending balance in retained earnings is calculated by using following formula:

Ending balance in retained earnings = Beginning balance in retained earnings + Net income - Cash dividends - Stock dividends

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