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Andrews [41]
3 years ago
10

Which statements indicate that Rick’s company is a limited liability company? Rick Douglas is a bright and passionate lighting d

esigner. Following his passion for innovative lighting solutions, he founded a company called Dazzle in 2000. Dazzle is a successful, small company with annual revenue of $25 million. It offers residential, commercial, and theatrical lighting solutions. Apart from Rick, there are several other owners in the company who have made tremendous contributions to its growth. The profits are shared in a fair manner among all owners. Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns. The success of the company turned Douglas and the other owners into millionaires. Rick has a villa in the prestigious Kimberly Hills area. The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.
Business
1 answer:
uranmaximum [27]3 years ago
4 0

The statements are:

Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns.

The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.

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Answer:

d

Explanation:

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3 years ago
A difference in quantity of materials used on two comparable jobs may be caused by a.employee carelessness b.poor quality materi
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Answer: d.All of these choices are correct.

Explanation:

All the above can result in different quantities of materials being used for comparable jobs.

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Inadequately trained Employees is a major reason for Material Wastage. If employees are not trained by seasoned people who know how to reduce wastage, that knowledge could take time to come to them. If they were adequately trained however, they can master the tricks on wastage avoidance and limit discrepancies in the amount of materials used per comparable jobs.

7 0
3 years ago
"Who owns information?" and "What are the just and fair prices for its exchange?" are part of this ethical issue:a) Privacyb) Ac
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Answer:

c) Ownership

Explanation:

Ownership refers to the right of holding an information, as by our name, then the owner holds the right of such information and whether to share such information or not, with any person.

Who owns the information is the owner of such information.

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C) Ownership

6 0
3 years ago
Shannon qualifies for a federal student loan and plans to pursue a degree program at an out-of-state school. Which action will h
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Answer:

Shannon qualifies for a federal student loan and plans to pursue a degree program at an out-of-state school. Which action will help Shannon reduce the cost?

Shannon needs to apply opportunity cost which entails giving priority to the most important among the choices available, it is expedient of Shannon to apply for the loan and pursue a school within reach where the cost is minimal within the state rather than out of state school which would cost more.

Explanation:

3 0
4 years ago
Compensation for top executives (e.g., CEOs and CFOs) has become more variable over time. For example, recent data show that in
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Answer:

Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.

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