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USPshnik [31]
3 years ago
6

A business entity operated and taxed like a partnership, but with limited liability for the owners, is called a:

Business
1 answer:
Masteriza [31]3 years ago
8 0

Answer: A. limited liability company.

Explanation:

A Limited Liability Company (LLC) is a type of company that is operated and taxed like a partnership for instance, profits that flow to the partners are taxed on the partner's income but not on the firm to prevent double taxation. This is called Flow-Through Taxation.

They operate with limited Liability for the owners because the owners are only personally liable for the debts and liabilities the company has up until the capital they invested. Anything past this and they cannot be held liable.

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Mayfield Company sells two products, Blue models and Plaid models. Blue models sell for $43 per unit with variable costs of $30
alekssr [168]

Answer:

Break-even point in total units=  951.7units

Explanation:

<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss</em>.

It is calculated using this formula:

<em>Break-even point (in units) = Fixed cost/ average contribution per unit</em>

                                                          <em>  Blue                          Plaid</em>

Contribution per unit                43-30 = 13                   52-45 = 7

<em>Average contribution per unit </em>

= ( (13× 4) + (7×5) )/9

= $ 9.66 per unit

<em>Break-even point in total units</em>

= $9200/$ 9.66

= 951.7units

Break-even point in total units= 951.7units

           

6 0
3 years ago
Which of these is not a result of regular exercise
Zinaida [17]
Could you include the answers?
3 0
3 years ago
Company uses the​ weighted-average method in its process costing system. The Packaging Department started the month with units i
Musya8 [376]

Answer:

the numbers of the first part are missing here, so I looked for a similar one:

"The Packaging Department started the month with 300 units in process that were 70% complete, receiving 2,000 units from the Cutting Department. The Packaging department had 200 units in process at the end of the period that are 40% complete.

All materials are added at the beginning of the process and conversion is added uniformly.

From the Packaging Department, units are transferred to Finished Goods."

Since we are not asked to calculate costs, we are told to calculate equivalent units for conversion costs, the formula would be:

total units finished and transferred out = 300 + 2,000 - 200 = 2,100

equivalent units of ending WIP = 200 x 40% = 80

total equivalent units = 2,100 + 80 = 2,180 equivalent units

3 0
3 years ago
Why might a business be willing to pay a worker more than minimum wage?
Sonja [21]

Answer:

I believe the answer is, "The worker is more productive than others."

6 0
1 year ago
You learned in the lesson how the stock market influences the economy. Do you have to own stocks to be impacted personally by th
TEA [102]
No, you do not have to own stocks yourself to be impacted by the change of the markets. Anybody who owns stocks AND run businesses that YOU go too will impact YOU dramatically. If stock prices drop, the amount of money they have will drop considerably, which means they have less money for merchandise. If they don't have merchandise, the businesses will go out, and you will not have anyplace to go too for your needs (for food, medicine, etc)

hope this helps
5 0
3 years ago
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