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lora16 [44]
3 years ago
6

Bill and his wife, Vickie, want to start a company that develops training sessions for corporate clients. They would like to sha

re the decisions, have few start-up costs, and protect their personal assets. Which of these would suit their needs best?
A. Corporation
B. Limited liability corporation
C. Partnership
D. Sole proprietorship.
Business
2 answers:
faltersainse [42]3 years ago
8 0
"Limited liability corporation" is the one among the following choices given in the question that <span>would suit their needs best. The correct option among all the options that are given in the question is the second option or option "B". I hope that this answer has actually come to your help.</span>
Ronch [10]3 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

Bill and his wife, Vickie, want to start a company that develops training sessions for corporate clients.  

They would like to share the decisions, have few start-up costs, and protect their personal assets.

They should start a limited liability corporation. It is a business structure that combines the characteristics of a corporation with a sole proprietorship or a partnership.  

The owners have limited liability. They are separate entities from their owners. The business assets are separate from the personal assets of the owners.

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A store has a $179.99 item on sale for 25% off, plus an additional 20% off. What is the percentage of savings off on this item?
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Savings=discount×Original item price

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<h3>Journal entries</h3>

March 15

Debit Dividend  $18,530,000

(218,000,000 shares × $0.085)

Credit  Dividend payable   $18,530,000

(To record cash dividend declaration)  

March 30

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Credit  Cash     $18,530,000

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Therefore the journal entries to  Summit Hawk's declaration and payment of cash dividends is: Debit Dividend  $18,530,000; Credit  Dividend payable   $18,530,000.

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<em>Sales Promotion</em>

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Sales promotion is meant to be used as a short-term tool to boost sales – as a means of creating long-term customer loyalty, it is rarely acceptable.

Many offers for sales are intended for customers.

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