Answer:
the file attached shows the whole explanation. I hope it helps.
Explanation:
Complete question
Compute the depreciation deductions that Hernandez, Jackson, and Twist may claim under the following assumptions. If an amount is zero, enter "0". Do not round any division. Depreciation Deductions Hernandez Jackson Twist Trust
a. Depreciation deduction allocated to corpus. Hernandez$_____ Jackson$_____ Twist Trust$_____
b. If depreciation was allocated to income. Hernandez$_____ Jackson$_____ Twist Trust$_____
c. If the trustee distributed $15,000 each to Hernandez and to Jackson and retained the remaining accounting income. Hernandez$_____ Jackson$_____ Twist Trust$_____
d. If Twist is an estate (not a trust) and depreciation deduction allocated to corpus.
The correct statement is that the forms of business like Sole proprietorship, partnership and corporation are forms of ownership. So, the correct option is D.
The franchise business form does not give the franchisee an ownership of the business, rather, it gives the franchisee a license to operate its business for such time.
<h3>Forms of Business Organization</h3>
- Forms of business organization is an establishment of an artificial individual person to conduct business with an intention to share profits and losses, if any.
- A sole proprietorship is such form of business where the control, ownership and management of an organization is in the hands of a sole owner.
- A partnership is an establishment of two or more individual into an agreement of conducting business with a view to share profits in a predetermined proportion.
- A corporation is of two types - private and public. A private corporation is an establishment having at least two members holding share in the company.
Hence, the correct option is D that the three legal forms of business ownership are partnership, sole proprietorship and corporation.
Learn more about forms of business organization here:
brainly.com/question/1167298
Answer:
a. True
Explanation:
A minimum wage above $10 per hour is the binding minimum wage in the labour market so this would prevent the labor market from reaching equilibrium.
Answer:
The correct answer is option a.
Explanation:
An increase in the demand for dollars will shift the demand curve to the right, in the market for foreign exchange. Dollars are demanded by foreign consumers to pay for the import or purchase of US products.
An increase in the demand for goods and services by the foreign producers will increase the demand for US dollars as well.
This will cause the demand for dollars curve to shift to the right. This rightward shift in the curve will increase the value of US dollars in the foreign exchange market.