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Crank
3 years ago
8

Which of the following is TRUE of a partnership and a​ corporation? A. In a​ partnership, income is taxed once at the individual

​ level; whereas, in a​ corporation, income is taxed twice. B. In a​ corporation, income is taxed at the corporate​ level; whereas, in a​ partnership, income is taxed twice. C. Income from both forms of organizations are doubledashtaxed. D. In a​ partnership, income is exempted from tax up to​ $10 million;​ whereas, in a​ corporation, income is taxed twice.
Business
1 answer:
bixtya [17]3 years ago
4 0

Answer: A. In a​ partnership, income is taxed once at the individual​ level; whereas, in a​ corporation, income is taxed twice.

Explanation: Hi, a corporation is considered a legal entity for tax purposes, so it pays taxes based on the corporate tax rate for their income. But also the shareholders pay taxes based on the individual tax rate for the dividends payments received.  There is a double taxation .

A partnership is a collection of individuals that come together, the partners are personally liable for the business’s obligations. So, each partner pays taxes based on the individual tax rate for the incomes.

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The individuals at the International Fireplace Shoppe perform the following duties:Individual E Roles and Responsibilities:1. Ro
balu736 [363]
Where the question????
3 0
3 years ago
"XYZ Corporation announces a 10% stock dividend, followed by a 5% "spin off" of a subsidiary business. A customer who owns 200 s
Deffense [45]

Answer:

20 shares of XYZ and 11 shares of the spin-off

Explanation:

The 20 shares of XYS comes from

= 200 shares × 10%

= 20 shares-

So, the total number of shares now is

= 200 shares + 20 shares

= 220 shares

And there is 5% spin off

So, the number of shares contains spin off is

= 220 shares × 5%

= 11 shares

This represents the separate company

hence, there is 20 shares of XYZ and 11 shares of the spin-off

3 0
3 years ago
The strong form of the efficient market hypothesis contends thatA) a select few institutional investors can earn abnormal profit
Anni [7]

Answer: Option D

 

Explanation: Strong form efficiency is the most stringent form of market efficiency. This hypothesis states that the securities in the market reflects all the information in their price whether public or private.

Therefore, any investor would not be able to earn abnormal returns no matter how much research he or she has done. As the securities reflects private information also, therefore, insider trading will also be useless.

Hence from the above we can conclude that the correct option is D.

5 0
3 years ago
Fred and Barney started a partnership. During Year 1, Fred invested $13,500 in the business and Barney invested $22,000. The par
Orlov [11]

Answer: Fred; $14,990

Barney; $16,010

Explanation:

Each partner will receive 12% of their investment.

Fred will therefore receive,

= 12% * 13,500

= $1,620

Barney will receive,

= 12% * 22,000

= $2,640

Adding both these figures gives,

= 1,620 + 2,640

= $4,260

This figure needs to be subtracted from the income and then the rest will be split equally.

=31,000 - 4,260

= $26,740

= 26,740/ 2

= $13,370

Each partner is to get $13,370 extra.

Fred gets,

= 1,620 + 13,370

= $14,990

Barney gets,

= 2,640 + 13,370

= $16,010

4 0
3 years ago
supply Chain Management textbook JIT inventory systems is to economies on inventory holding costs by having materials arrive at
UkoKoshka [18]

Answer:

The correct answer is decreases.

Explanation:

In a Just-in-time system, waste is defined as any activity that does not add value to the customer. It is the use of resources above the necessary theoretical minimum (labor, equipment, time, space, energy). Excess stocks, preparation times, inspection, movement of materials, transactions or rejections can be wasted.

It is not a project at all, but a process. It is not a list of things to do, but a process that helps establish an order of priorities in what is done. The purpose of the JIT method is to improve a company's ability to respond economically to change.

The conventional description of JIT as a system for manufacturing and supplying goods that are needed, when needed and in the quantities exactly needed.

8 0
3 years ago
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