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SashulF [63]
3 years ago
7

Judy barnes, betty turley, and bob turner want to obtain limited liability for their business, but they want to avoid double tax

ation. which type of business ownership would you recommend?
Business
1 answer:
siniylev [52]3 years ago
5 0
The owners of the business should be able to register the company under sole-propietorship. In this type of ownership, the owners have the money and the money is considered theirs on the personal level. Thus, this makes them liable to single level of taxes. 
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Ben is a self-employed accountant who works overtime during the first two weeks of April to finish his clients' tax forms before
eduard

Answer:

<u>Elevated blood cholesterol level.</u>

Explanation:

Ben is more likely to show a elevated blood cholesterol level, as his overwork regime most often causes a sedentary lifestyle and poor diet.

Cholesterol is a lipid found naturally in the human body and is responsible for being the structural component of membranes throughout the body, it is used to produce vitamin D, hormones and bile acids for the digestion of fat. The liver makes 70% of cholesterol and the other 30% comes from the diet.

When it is above the recommended level, cholesterol can accumulate on the walls of the arteries and cause various heart diseases, such as angina, heart attack and stroke.

Therefore, to maintain blood cholesterol levels, it is necessary to adopt a healthy and balanced diet, in addition to the practice of physical exercises.

4 0
3 years ago
We can conclude from the above information that any rational, risk-averse investor would be better off adding Security AA to a w
romanna [79]

Answer: False

Explanation:

First calculate the expected value for both securities:

Security AA:

= (0.2 * 30%) + (0.6 * 10%) + (0.2 * -5%)

= 6% + 6% + (-1%)

= 11%

Security BB

= (0.2 * -10%) + (0.6 * 5%) + (0.2 * 50%)

= -2% + 3% + 10%

= 11%

<em>They both have the same expected return so the investor will be indifferent. Statement is therefore false.</em>

4 0
2 years ago
On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500. Jarden prepares a sche
uysha [10]

Answer:

The correct answer is $42,724.8.

Explanation:

According to the scenario, the computation of the given data are as follows:

Uncollectable Amt. = Receivable Amt × Uncollectable Percentage

Time         Receivable amt.     Uncollectable %  Uncollectable  Amt.

Not yet due         $860,000                1.25%                    $10,750

1 - 30 days      $344,000                2.00%                    $6,880

31 - 60 days      $68,800                6.50%                    $4,472

61 - 90 days      $34,400                32.75%                    $11,266

Over 90 days      $13,760                68.00%                    $9,356.8

Total                                                                             $42,724.8

So, Required balance of the allowance for doubtful accounts at Dec.31 is $42,724.8

7 0
3 years ago
Suppose Baa-rated bonds currently yield 6%, while Aa-rated bonds yield 4%. Now suppose that due to an increase in the expected i
Leviafan [203]

Answer:

Initial confidence index 66.67%

New confidence index 71.4%

Explanation:

Calculation of what would happen to the

confidence index

Using this formula

Confidence index=(Average yield for high grate bonds)/(Average yield for intermediate graded bonds)

Let plug in the formula

Initial confidence index=4%/6%

=0.6667 ×100

=66.67%

Due to increase in the yields the New Confidence Index will be;

New confidence index

=(4%+1%)/(6%+1%)

=5%/7%=0.7142857 or 0.714

0.714×100=71.4%

Hence, the New Confidence index tend to indicates slightly higher confidence and the reason for the increase in the index is the expectation of higher inflation.

6 0
3 years ago
Conrad Construction Corp. has a $20 million contract to construct a building. The company estimates gross profit of $4 million.
Galina-37 [17]

Answer:

$2.5 million

Explanation:

Conrad construction estimated its total costs at $16 million and a gross profit of $4 million (25% of costs incurred).

If the company incurred in $2 million costs during this year, it can estimate its gross profit at $500,000.

So the total revenue that it should report for the year is $2.5 million (= $2 million + $0.5 million)

4 0
3 years ago
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