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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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Vhich of the following is a description of a pullback device?
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Explanation:

A

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3 years ago
Researchers are always interested in the relationships between or among variables. When two variables are
Alexxx [7]

Based on the correlational analysis of X and Y that is given, we can infer that there is a linear relationship between X and Y.

<h3>What does the correlation analysis show?</h3>

The Pearson correlation coefficient shows if there is a linear relationship between given variables.

In the given table, the Pearson Correlation coefficient is not 0 for either variable which means that a linear relationship does in fact exist between the variables.

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2 years ago
When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
Lady_Fox [76]

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cumulative.

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Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance

4 0
3 years ago
Which of the following scenarios demonstrates the leverage effect on net operating income due to the existence of fixed costs?
morpeh [17]

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C) A 25% increase in sales resulting in a 30% increase in net operating income.

7 0
3 years ago
The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,619 Accounts r
abruzzese [7]

Answer:

46.07 days

Explanation:

Calculation for the firm's days' sales uncollected for the year

Using this formula

Days' Sales Uncollected Ratio = Ending Accounts Receivable/Net Sales * 365

Let plug in the formula

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Therefore the firm's days' sales uncollected for the year is: 46.07 days

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2 years ago
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