Answer:
The correct statement is; Limited liability is an advantage of the corporate form of organization to its owners (stockholders), but corporations have more trouble raising money in financial markets because of the complexity of this form of organization.
Explanation:
A limited company can either be private or public. A limited company posses these 2 key features namely;
1. Limited liability- the liability of shareholders is limited to the amount of their investment in the company.
2. Seperate legal existence- a limited company can in it's name sue, be sued and enter into contracts.
Limited liability means that the investors can only lose the money they have invested and no more, meaning lenders have to keep this in mind when issuing loans to limited companies.
Answer:
$7,250
Explanation:
You can deduct medical expenses <u>that exceed</u> 7.5% of your AGI (changes, but is currently at this level).
170,000 x .075 = 12,750
20,000 - 12,750 = $7,250
I hope this helps!
-TheBusinessMan
I would think money,supply or demand?
Answer:
c.$188,150
Explanation:
April May June
Manufacturing costs* $157,700 $198,300 $201,000
Payment April Costs $118.275 $39,425
<u>Payment May Costs </u><u> 148,725</u><u> 49,575</u>
Cash Payments $ 188,150
None other costs will be paid in the month Of May.
*Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following month. **Insurance expense is $870 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October). ***Property tax is paid once a year in November.
