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lutik1710 [3]
4 years ago
11

Matt and alicia created a firm that is a separate legal entity and will share ownership of that firm on a 75/25 basis. which typ

e of entity did they create if they have no personal liability for the firm's debts?
Business
1 answer:
Wittaler [7]4 years ago
5 0
The type of <span>entity that they created if they have no personal liability for the firm's debts would be: Corporation
In case of bankruptcy, a corporation must sell all of its assets to pay up the debt. But after all assets are liquidated, the debtor couldn't seek the payment further to the corporation's owner and have to accept the residual debt as a loss.</span>
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Which of the following loans typically offer the lowest interest rate
Georgia [21]
I don't know what your interest rates are but 1.10(10% increasing) is more then 1.01(1% increasing).  Does this help?


8 0
3 years ago
24) In the U.s. economy, a few firms dominate the wireless telephone provider Industry. Whlch type of
kipiarov [429]

Answer:

oligopoly

Explanation:

An oligopoly is a market structure comprising a few firms dominating a large market with many buyers. The few firms sell similar or differentiated products. Each of the firms commands a sizable market share and can influence the market.  Apart from the few dominating firms, there could be other small sellers with a smaller market share operating in the market. Another example of an oligopoly market is the air travel business, where a few airline companies dominate the market.

Characteristics of oligopoly market include

  • Barriers to entry due to heavy capital requirements and market domination by a few firms.
  • Each firm sets its price
  • heavy advertising to woe clients
  • Collaboration among the few dominating firms
7 0
3 years ago
Why would you want to limit your borrowing when making economic decisions ?
Yanka [14]

Answer:

so they can end up spending less on interest payments and credit card fees.

Explanation:

4 0
3 years ago
If a gain of $7,600 results from selling (for cash) office equipment having a book value of $55,100, the amount reported in the
Alisiya [41]

The amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.

<h3>Cash flow from operating activities sections:</h3>

Based on the information given the amount that will be reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is the gain amount of $7,600.

This  gain is the gain from selling office equipment and this amount must be deducted from net income in the operating activities section of the statement of cash flows.

The reason why we have to deduct the $7,600 is because under accrual basis of accounting  the amount represent a noncash addition to net income.

Inconclusion the amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.

Learn more about cash flow from operating activities sections here:brainly.com/question/25530656

3 0
2 years ago
______ involves the free flow of products and factors of production between member countries, the adoption of a common external
Ivahew [28]

Answer:

A, an economic Union.

Explanation:

An economic union is a type of trade agreement concerning the same market of commodities, between a group of countries.

The trade agreement usually involves the free flow of the factors of production as well as factors of production.

Also, the agreement means that countries that are a part of the economic union are able to adopt a currency, regulate and harmonize tax rates as well as implement similar policies.

Asides economic union, there are other types of trade agreements and they include, free-trade zones, custom union, etc.

Cheers.

5 0
3 years ago
Read 2 more answers
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