Answer:
D) S corporation.
Explanation:
S corporations do not pay any income taxes. Instead, shareholders pay individual taxes over their dividends.
In this case, the three shareholders are not thinking about getting any dividends for the first few years, they want to reinvest all profits, therefore, their company would not pay any taxes, and neither would they individually.
The correct answer is C. Stock
When you buy stocks, you buy pieces of the company. You trade stocks on a stock market.
Answer:new; unique
Explanation:
Pioneering new entry is when a firm brings a new product into the market which in turn, changes the way in which businesses will be conducted.
In situations whereby the product is unique, then the pioneering firm may end up having little direct competition. Pioneering new entry is somehow risky as the product or service may not be accepted.
Answer:
$0.76 per ton or ore
Explanation:
to calculate the depletion expense per ton of re, we must first calculate the land's initial cost - salvage value = $1,890,400 - $264,000 = $1,626,400
now we divide by total expected ore reserves = 2,140,000 tons
depletion expense per ton of ore = $1,626,400 / 2,140,000 tons = $0.76 per ton
that means that the land will depreciate depending on the number of tons of ore extracted, not the time passed
