What information in a drawings title block identifies the project?

A business entity operated and taxed like a partnership, but with limited liability for the owners, is called a:

Masteriza [31]

Answer: A. limited liability company.

Explanation:

A Limited Liability Company (LLC) is a type of company that is operated and taxed like a partnership for instance, profits that flow to the partners are taxed on the partner's income but not on the firm to prevent double taxation. This is called Flow-Through Taxation.

They operate with limited Liability for the owners because the owners are only personally liable for the debts and liabilities the company has up until the capital they invested. Anything past this and they cannot be held liable.

8 0

3 years ago

A questionnaire was given to students. the first question asked was "how stressed have you been in the last week on a scale of

algol [13]

The question is: Which scale rating describes the greatest number of student and how many student responded with this rating.
From the frequency distribution table attach to the question, the scale rating with the highest number of student is 7 out of 10 and the number of students that responded with this rating is 27 students.

7 0

3 years ago

Exercise 10-2 Straight-Line: Amortization of bond discount LO P2 Tano issues bonds with a par value of $180,000 on January 1, 20

Nitella [24]

Answer:

bonds' face value $180,000

coupon rate 8%, semiannual = 4%

maturity 3 years x 2 = 6 periods

market interest rate = 10% or 5% semiannual

the journal entry to record the issuance of the bonds:

January 1, 2017, bonds issued at a discount

Dr Cash 170,862

Dr Discount on bonds payable 9,138

Cr Bonds payable 180,000

the amortization of the bond discount should be $9,138 / 6 = $1,523 on every coupon payment.

Journal entry to record payment of first coupon:

June 30, 2017, first coupon payment

Dr Interest expense 8,723

Cr Cash 7,200

Cr Discount on bonds payable 1,523

6 0

3 years ago

Which of these components does a business exclude from its net income under “operating surplus”?

irga5000 [103]

Answer:

Depreciation

non-cash charges

interest on loan

taxes

Explanation:

This is according standard proforma for preparing cash flow statement,interest and taxes are later brought back into the computation for instance interest relates to financing activities while actual tax paid is deducted before arriving at cash generated from operations

3 0

3 years ago

Monique Products, a web-based company, maintains no manufacturing facilities. As orders come in, the company contracts with othe

Sonbull [250]

Answer:

The correct answer is: a virtual corporation.

Explanation:

Virtual corporations are becoming more common with the massification of the internet and communications. They are generally companies that are dedicated to the commercialization of products and generate a massive movement in the network that allows them to be in the "voice to voice" of people. They do not have physical facilities, which saves them expenses such as leasing and public services, and the contracted staff is minimal. These companies are based on the strategy of fast and massive shipments through transport companies in order to satisfy the needs of their clients.

8 0

3 years ago