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Stells [14]
4 years ago
15

Which of the following is not characteristic of the typical limited liability company? Death of a member (owner) causes it to di

ssolve unless the remaining members decide to continue the business. All members (owners) are allowed by law to participate in the management of the firm. The company has, legally, a perpetual existence. All members (owners) have limited liability.
Business
1 answer:
natulia [17]4 years ago
8 0

Answer:

Death of a member does not cause the LLC to dissolve unless the rest of the members want to continue. It is not a characteristic of a limited liability company.

Explanation:

An LLC or limited liability company is a kind of hybrid corporate structure which combines the characteristics of a corporation and sole proprietorship or partnership. The company has a separate legal existence apart from its members. The members have a limited liability. There is flexibility in taxation. All the members are allowed to participate in management, there is no board of directors for management.

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The current net profit of sigma inc. is $8 million, the market price of the stock is $65, and sales is $50 million. the net prof
IRISSAK [1]

The net profit margin, or simply net margin, measures how much net income or profit is generated as a percentage of revenue.

It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.

<h3>How do we calculate net profit margin?</h3>

Net profit margin is calculated by dividing the net profits by net sales, or by dividing the net income by revenue realized over a given time period.

<h3>What is good net profit ratio?</h3>

For example, in the retail industry, a good net profit ratio might be between 0.5% and 3.5%.

Other industries might consider 0.5 and 3.5 to be extremely low, but this is common for retailers. In general, businesses should aim for profit ratios between 10% and 20% while paying attention to their industry's average.

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6 0
2 years ago
in creating the master budget, the second budget a company prepares is the production budget. a. True b. False
Rzqust [24]

Answer:

In creating the master budget, the second budget a company prepares is the production budget.

a. True

Explanation:

When a company prepares the master budget, it first prepares the sales budget, followed by the production budget.  The production budget calculates the costs of materials, labor, and overhead based on the number of units to be manufactured within the budget period.  The units of products are derived from the sales forecast and the planned amount of ending finished goods inventory.

5 0
3 years ago
Goldtone is a multinational communications and information technology corporation. its principal products are mobile telephones
marysya [2.9K]
I think the correct answer would be crowdsourcing. It is a practice that involves obtaining certain information from the market or the public. It allows the consumers to suggest and comment on the products a company has. Hope this answers the question.
8 0
3 years ago
Before opening his own business, Tanaka was writing a
Len [333]

This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.

<h3></h3><h3>What is business? </h3>

Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".

A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.

A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.

A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.

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4 0
2 years ago
What change could be considered an effective sign of economic recovery from the Great Recession?
pogonyaev

Answer:

The answer is C. architecture and construction industry demonstrating a sustainable level of growth

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3 years ago
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