Answer: Low taxation and high spending
Employers look for hard working workers that will get the job done in the smartest most efficient and effective way.
Answer:
The correct word for the blank spaces are: asset; revenue.
Explanation:
By delivering goods expecting payment at a later date, Norbert Inc. is increasing its <em>accounts receivable</em>. This type of profit takes place when goods or services are provided in credit and the payment is set in the future. In the example, according to the Generally Accepted Accounting Principles (GAAP), the <em>accounts receivable must be debited to an asset account and credited to a revenue account</em>.
Answer:
c. loses some, but not all, of its customers as your answer loses some, but not all, of its customers
Explanation:
In a monopolistically competitive product is a product that has competition in the market, but that are not quite the same product, meaning they can´t be exactly replaced by a cheaper or different brand, when a company like that rises its prices, it eventually ends up loosing some clients, but not all, because of the loyal clients and those that can´t or won´t change brands, a good example of a monopolistically competitive firm, would be Apple, which has a loyal base of costumers that eventhough prices of apple products have been rising are still loyal, they are loosing some customers to other brands but not all of them.
Answer: Limited liability company
Explanation:
In such a structure the owners and the firm are considered separate. The owners in a LLC could not be held personally liable for the debts and liabilities of their company.
The companies have the limited liability feature of the corporations while the profit distribution method depicts partnership structure.
In the given case, Toby and Keith wants to distribute profit among them and also do not want to raise any outside capital. Also they want limited liability in their organisation.
Hence a Limited liability company is an appropriate choice for them.