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muminat
3 years ago
8

Create a bulleted list of four possible interests a person could have.

Business
1 answer:
LUCKY_DIMON [66]3 years ago
8 0

Answer:

  • Volunteer Work/Community Involvement
  • Child Care
  • Club Memberships
  • Traveling

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A new truck, manufactured by General Motors Corp. (GMC), stalled in rush hour traffic on a busy interstate highway because of a
gulaghasi [49]

Answer: Summary judgment for GMC denied.

Explanation:

- GMC owes a duty to everyone on the highway since the possibility of an accident is apparent.

- There was factual causation: had it not been for the faulty alternator the truck would never have stalled. - This chain of events is entirely foreseeable. GMC need not foresee precisely what happened; only that something like this could happen.

8 0
3 years ago
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An IRS category of corporation that is treated like a partnership for tax purposes, avoiding taxation of corporate profits and s
jok3333 [9.3K]

An IRS category of corporation that is treated like a partnership for tax purposes, avoiding taxation of corporate profits and subsequent taxation of dividends to shareholders ,is called a(double taxation)S corporations.

<h3>What Is an S Corporation?</h3>

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income. S corporations are responsible for tax on certain built-in gains and passive income at the entity level.

To be an S Corporation, your business first needs to be set up as a corporation by filling and submitting documents like the Articles of Incorporation or Certificate of incorporation to the appropriate government authority, along with the applicable fee.

Learn more about S Corporation on:

brainly.com/question/14839306

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8 0
1 year ago
A ________ may be desirable as a market entry strategy if one company does not have the necessary financial
Maurinko [17]

Answer:

Joint Venture

Explanation:

A joint venture is an arrangement of business in which two or more companies invest their Human or capital resources for a common goal (e.g. profit earning). It is an easy way to enter into a new market without any significant investment. One company does not have sufficient fund and operating in the target market. Other company want to capture the market. They both will join together by Joint venture for their mutual benefit.

4 0
3 years ago
A delivery van costing $37,000 is expected to have a $2,900 salvage value at the end of its useful life of five years. Assume th
valkas [14]

Answer:

A.

Depreciation expense for the first year: $6,820

Depreciation expense for the second year: $6,820

B.

Depreciation expense for the first year: $13,640

Depreciation expense for the second year: $8,184

Explanation:

A. The company uses straight-line depreciation method, Depreciation Expense each year is calculated by following formula:  

Annual Depreciation Expense = (Cost of delivery van − Salvage Value )/Useful Life = ($37,000 - $2,900)/5 = $6,820

Depreciation expense for the first year: $6,820

Depreciation expense for the second year: $6,820

B. The company uses Double-declining- balance method

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total asset cost - salvage value =  $37,000 - $2,900 = $34,100

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

Depreciation expense for the first year = $34,100 x 40% = $13,640

At the beginning of second year, the Depreciable cost's book value is $34,100-$13,640 = $20,460

Depreciation expense for the second year = $20,460 x 40% = $8,184

8 0
2 years ago
Bellsouth Mobility (BM) ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selected
hichkok12 [17]

Answer:

The manger did not make a mistake

To determine the effect that an increase in price would have on revenue, we have to determine the price elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price

Price elasticity of demand = percentage in quantity demanded / percentage change in price

4% / 5% = 0.8

The elasticity of demand is less than 1, this means that demand is inelastic

When demand is inelastic, if price is increased, the fall in quantity demanded would be less than the increase in price. As a result, if price is increased total revenue would fall.

Based on the manger's calculation, demand is inelastic, so she was not wrong in increasing price.

Explanation:

6 0
3 years ago
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