1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlad [161]
3 years ago
11

Principals that manage an llc owe its members __________.

Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

Principals that manage an llc owe its members the duty of care.

Explanation:

The duty of care is a legal responsability that the manager has to be careful when performing any action that can cause damage to the members of an LLC. When the manager is not reasonably careful and cause any harm, it be considered negligence and this can have serious legal implications.

You might be interested in
Assume again that the cost of capital is 7 percent and the effective tax rate is 40 percent. How would the payback, internal rat
vfiekz [6]

Answer:

If the effective tax rate increases then the net savings coming from investments will get lowered as a result the investment will have higher payback period (The increase in effective tax rate would lower demand of the product which means there is decline in net saving arising from the sale of the product). Likewise this decrease in annual net savings will also decrease the internal rate of return which shows that their are increased chances of project rejections. The NPV method is based on cash flows and relevant costing just like IRR and payback method but the only difference is that it assumes that the cash earned would be reinvested at cost of capital. The NPV will also decrease due to increased effective tax rate.

4 0
3 years ago
How do basic level occupation help society​
wel

Answer:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment ("for a living"). Many people have multiple jobs (e.g., parent, homemaker, and employee). A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges).

6 0
3 years ago
How is a subsidy affect supply.
OlgaM077 [116]
How does a subsidy affect supply?
A subsidy by nature increases the purchasing power of the individual or class it is awarded to. It's like free money that can only be spent on certain things.
8 0
3 years ago
which stage in a work-unit activity analysis focuses on the product, information, or service provided?
maria [59]

The stage in a work-unit activity analysis that focuses on the product, information, or service provided is the output phase, This is further explained below.

<h3>What is the output phase?</h3>

Generally, the output phase is simply defined as manufacturing or output in general.

In conclusion, The final deliverable is defined. The method of measuring the output is investigated.

Read more about the output phase,

brainly.com/question/14863117

#SPJ12

4 0
2 years ago
False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account. Sales and cash coll
gayaneshka [121]

Answer:

$607,000

Explanation:

False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account.

Sales and cash collections from customers during the year were $650,000 and $610,000, respectively.

False Value estimates that 6% of all sales will be returned.

During 2016, customers returned merchandise for credit of $28,000 to their accounts.

False Value's 2016 income statement would report net sales of:  

The closing balance in the allowance for sales returns account will be: 32,000 opening balance + 6% 0f 650,000 - sales returns within the year of 28,000 = $43,000

Hence Net Sales will be 650,000 - 43,000 = $607,000

5 0
3 years ago
Other questions:
  • When configuring a group of radio button form controls, the value of the ________ attribute on each radio button must be the sam
    6·1 answer
  • Discuss the advantages and disadvantages of owning versus renting a home.
    12·1 answer
  • Boulderado has come up with a new composite snowboard. Development will take Boulderado four years and cost $250,000 per year, w
    8·1 answer
  • To set up a decision tree, you should Multiple Choice
    8·1 answer
  • Adam, the owner of adam's roofing, was talking to a visitor in his office, telling her that "we are a fun-loving group that beli
    11·1 answer
  • Which domain requires annual security awareness training and employee background checks for sensitive positions to help mitigate
    7·1 answer
  • When the federal government raises less money than it spends in a year it is called?
    8·1 answer
  • Phil and Jake are 16 and 14 years old respectively, $9150 isshared between them in the ratio of their age , how much does Phil g
    13·1 answer
  • Holiday Shipping Express is considering a project that will require $28,000 in net working capital and $87,000 in fixed assets.
    11·1 answer
  • Which type of facility layout is seen in the given example? George works as an operations manager for a machine manufacturer. Wi
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!