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Angelina_Jolie [31]
3 years ago
6

​Bill, a local​ inventor, developed a diet pill that he believes will solve the obesity problem in the United States. Bill wants

to create a new​ company, 50% owned by Bill and​ 50% owned by a major drug company. Although he believes the pills are​ safe, Bill is concerned about liability if someone becomes sick or dies. The best form of business organization for the new company is:
Business
1 answer:
dsp733 years ago
6 0

Answer:

Limited Liablity Company

Explanation:

A Limited liability Company is an independent legal entity.  It is a business structure whose owners are not liable for its liabilities. The obligations of a company are separate from those of its owners.

For Bill, a limited company will be the best form of partnership. Forming a company requires two or more people or entities coming together and establishing a new business. Bill and the drug company qualify to create a new company.  In the event of liability form sickness, Bill will be liable to the extent of his share contribution.

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ABC Vehicles expects the worldwide demand for new hybrid vehicles to reach 5 million by 2016. However, the demand for new hybrid
Olin [163]

Answer:

The correct answer is c. firm-level demand

Explanation:

Demand can be defined as the quantity of goods and services that are acquired by consumers at different prices, at a specific unit of time (one day, one month, one year, etc.) since without a temporary parameter we cannot say if a Demand amount grows or decreases.

When a person chooses to buy some good, to meet his needs, he does so consciously, based on his criteria both objective and subjective; These conditions are modified according to the educational and socioeconomic level, sex, age, among other factors.

7 0
3 years ago
(Pension Expense, Journal Entries, Amortization of Loss) Gottschalk Company sponsors a defined benefit plan for its 100 employee
Alika [10]

Answer: See attachment and explanation.

Explanation:

a. Determine the components of pension expense that the company would recognize in 2017.

Service cost = $52,000

Add: Interest on projected benefit obligation = $380,000 × 10% = $38,000

Less: Actual return on plan asset = ($11000)

Less: Unexpected loss = 200,000 × 10% - 11,000 = ($9000)

Ammortization of prior service cost = $15000

Pension expense = $85,000

b. The journal entry to record the pension expense and the company’s funding of the pension plan in 2017 has been attached.

c. The amount of the 2017 increase/decrease in gains or losses and the amount to be amortized in 2017 and 2018 has been attached.

d. The pension amounts reported in the financial statement as of December 31, 2017 will be $85,000.

7 0
3 years ago
What is the most likely reason some people avoid all carbohydrates in order to lose weight?
liberstina [14]

Answer:

People avoid carbohydrates, because they have a high calory density.

6 0
3 years ago
An example of Web 2.0 is a high school student promoting his or her poetry on a blog.
puteri [66]
I believe the answer to this question is : False
6 0
3 years ago
Read 2 more answers
In January of 2015, the appropriate construction cost index had a value of $3,260. In January of 2005, the value was $1,746. In
Dennis_Churaev [7]

Answer:

11.63 million dollar

Explanation:

In 2005 the construction cost index was 1746 , in 2015 , it was 3260.

change in index in 10 years  = 3260-1746 = 1514

change in 5 years ( estimated ) = 757

Estimated index in 2010 = 1746 + 757

= 2503

Estimated index in 2020  = 3260 + 757

= 4017

Value of building in 2010 = 1746 million dollar

Value of similar building - X

X / 1746 = index in 2020 (probable ) / index in 2010

X / 7.25 = 4017 / 2503

X = 11.63 million dollar

8 0
3 years ago
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