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Katarina [22]
3 years ago
10

_____________ are companies that are similar to s corporations but are not restricted with similar eligibility requirements.

Business
1 answer:
Levart [38]3 years ago
4 0

<u>"Limited liability companies" </u>are companies that are similar to s corporations but are not restricted with similar eligibility requirements.


A limited liability company is a corporate structure whereby the individuals from the organization are not actually obligated for the organization's obligations or liabilities. Limited liability companies are half and half elements that join the attributes of an enterprise and an association or sole proprietorship. While the constrained risk include is like that of an enterprise, the accessibility of move through tax assessment to the individuals from a LLC is a component of organizations.  


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The twist trust has generated $60,000 in depreciation deductions for the year. its accounting income is $75,000. in computing th
cupoosta [38]

Answer:

the file attached shows the whole explanation. I hope it helps.

Explanation:

Complete question

Compute the depreciation deductions that Hernandez, Jackson, and Twist may claim under the following assumptions. If an amount is zero, enter "0". Do not round any division. Depreciation Deductions Hernandez Jackson Twist Trust

a. Depreciation deduction allocated to corpus. Hernandez$_____ Jackson$_____ Twist Trust$_____

b. If depreciation was allocated to income. Hernandez$_____ Jackson$_____ Twist Trust$_____

c. If the trustee distributed $15,000 each to Hernandez and to Jackson and retained the remaining accounting income. Hernandez$_____ Jackson$_____ Twist Trust$_____

d. If Twist is an estate (not a trust) and depreciation deduction allocated to corpus.

Download docx
5 0
3 years ago
Louise has prepared a brief questionnaire to find out how satisfied her clients are with the service she has been providing them
mestny [16]
The are great company and very patients w clients
6 0
3 years ago
You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increa
Nat2105 [25]

Answer:

51 % increase

Explanation:

Stock A price= $23.00

Stock A price after 6 months= $47.00

Increase in price of Stock A= $47 - $23

                                          = $24

Percentage increase in stick price = <u>$24</u>  x  100%

                                                        $47

                                                     = 0.510 x 100%

                                                     = 51%

The percentage increase in the price of Stock A is 51%

Cheers

4 0
4 years ago
Read 2 more answers
Imagine you are experiencing a major conflict in your place of work. The team with which you are working at the time has split i
CaHeK987 [17]

Answer:

Compromising and collaborating are the strategies that should be used.

Explanation:

Collaboration can be understood as the procedure of two and more individuals entities, or organisations cooperating to complete a task or achieve an objective.  

Cooperation and collaboration are two terms that are often used interchangeably. Most collaborations necessitate leadership, albeit it might take the character of social governance within a decentralized and democratic organisation.

To compromise would be to reach an agreement between two or more parties in which each party relinquishes a portion of its claim. Compromise is the idea of reaching an arrangement through negotiation in a disagreement.

4 0
3 years ago
Libby Company purchased equipment by paying $6,700 cash on the purchase date and agreed to pay $6,700 every six months during th
vladimir1956 [14]

Answer:

The answer is $53,732.

Explanation:

The value of the equipment reported on Libby Company's balance sheet is equal to:

Cash payment at purchase + Present value of 8 equal semiannual payment, $6,700 each discounted at 3% ( because semiannual payment is made for 4 years so we have 2 x4 = 8 payments; and annual borrowing rate is 6% so we have discount rate = 6% /2 = 3%).

with:

Cash payment at purchase = $6,700;

Present value of 8 equal semiannual payment, $6,700 each discounted at 3% = (6,700/3%) x ( 1 - 1.03^(-8) ) = $47,032 ( that is, apply the formula to find present value of annuity).

we have:

The value of the equipment reported on Libby Company's balance sheet = 6,700 + 47,032 = $53,732.

5 0
3 years ago
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