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Vilka [71]
3 years ago
14

Which of the following statements is correct about the requirements of an LLP?

Business
1 answer:
Ber [7]3 years ago
8 0

Answer:

The correct answer is letter "B": The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.

Explanation:

A Limited Liability Partnership or LLP is the type of business structure where partners are only liable for what they contribute to the firm. This implies if the firm goes into bankruptcy, the personal assets of the partners are not subject to liability. Under this type of partnership, the business name must include at least its abbreviation (LLP) and when setting up the firm, a letter to the secretary of state must be addressed informing about the creation of the new entity and its core purposes.

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Cullumber Company had a 40 percent tax rate. Given the following pre-tax amounts, what would be the income tax expense reported
Nataliya [291]

Answer:

$101,520

Explanation:

Income statement will be made as follows:

                                                   $

Sales Revenue                     1100000

Less: COGS                          (617000)

Gross Profit                            483000

Less: Salaries & Wages         (80400)

Less: Depreciation exp.         (119000)

Less: Utilities exp.                   (10600)

Less: Interest expense            (19200)

Earning before tax                  253800

<u><em>Less:</em></u><u><em> </em></u><u><em>Tax(40%)</em></u><u><em>                          </em></u><u><em>(101520)</em></u>

<u><em></em></u>

Hope this helps.

Good luck buddy.

3 0
3 years ago
e exportation of large quantities of a product at a price lower than that of the same product in the home mark
Dominik [7]

The exportation of big portions of a product at a rate decrease than that of the identical product withinside the domestic mark. dumping.

The required details about Dumping is mentioned in below paragraph.

Dumping is a time period used withinside the context of global trade. It's while a rustic or company exports a product at a rate this is decrease withinside the overseas uploading marketplace than the rate withinside the exporter's home marketplace. Because dumping typically includes considerable export volumes of a product, it regularly endangers the economic viability of the product's producer or manufacturer withinside the uploading nation.

Dumping is taken into consideration a shape of rate discrimination. It happens while a producer lowers the rate of an object getting into a overseas marketplace to a stage this is much less than the rate paid through home clients withinside the originating country. The practice is taken into consideration intentional with the intention of acquiring a aggressive advantage in the uploading marketplace.

To learn about Dumping visit here.

brainly.com/question/9493663

#SPJ4

8 0
1 year ago
You have been working at Saxet Consulting for the past year and are expected to complete three client reviews per week. You have
alexira [117]

Explanation:

In this situation, you can perceive an unethical attitude from your manager, because he has taken credit for the extra work done by you before the president of the company.

So in this situation, it is ideal to have a dialogue between you and your manager in order to clarify the situation that has occurred. Because many managers can act dishonestly with their subordinates because many feel cornered to question the manager's attitudes for fear of reprisals.

It is also ideal that there is support from the rest of the team for a collaborator who is truly unfair because of a situation of abuse of authority, because this way bad behaviors are inhibited and an organizational climate is created, focused on transparency and ethical behaviors.

3 0
3 years ago
Proposals related to ________ include controlling the ingredients that go into certain products and packaging as well as reducin
Anna71 [15]

Answer:

quality of life

Explanation:

The consumers have the right to have an influence on products and marketing that will help with the quality of life. This leds to proposals that are related to this right that look to avoid a big amount of messages in an advertising that distract from the main idea and to be informed about the materials or ingredients used in goods. According to this, the answer is that proposals related to quality of life include controlling the ingredients that go into certain products and packaging as well as reducing the level of advertising "noise."

8 0
3 years ago
According to the trait approach to leadership, a(n) ___leader overcomes obstacles, makes decisions despite uncertainty, and inst
Vladimir79 [104]

Answer:

the answer is self-confident

7 0
3 years ago
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