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3 years ago

One disadvantage of the corporate form of business ownership is the:

Business

1 answer:

Sliva [168]3 years ago

4 0

Answer:

The correct answer is letter "D": double taxation of distributed profits.

Explanation:

A Corporation is an entity, typically with specific characteristics of a large business. Corporations are considered to be separate legal entities from their owners. This implies double taxation for profits: <em>one filing for corporate taxes and the other individually when the profits are distributed</em>.

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You met Tevin on a social media website. He was a personable, effective communicator. While online, he asked for a donation to a

stiv31 [10]

Answer:

The component of competent communication that Tevin is missing is ethics.

Explanation:

Competent communication is about communicating in a form that is effective and adequate in a specific situation and the are five components which are: self-awareness, adaptability, empathy, cognitive complexity and ethics. In this case, the answer is ethics because it is about being able to communicate in a form that shows a good behavior avoiding taking advantage of the other person and Tevin committed fraud which is not ethic.

5 0

3 years ago

Clara is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she

pantera1 [17]

Answer: sorry idk :(

Explanation:

4 0

3 years ago

Valley Designs issued a 90-day, 9% note for $42,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a

Aleks [24]

Answer:

1. July 21

2. $42,945

Explanation:

April 22 Start leaves 8 days left, and following the months would be like this:

8(April) + 31(May) + 30(June) + 31(July) = 100 days

Now because we only need 90 days in the period, we subtract the last 10 days off of July 31

31(July) - 10 days (July) = July 21

Maturity value = face amount (42,000) + interest (42,000 x 0.09 x 90 / 360)

42,000 + 945 = $42,945

8 0

2 years ago

Daniel Co. has 500 employees who work 8-hour days and are paid hourly. On January 1, 2020, Daniel started granting its employees

Jobisdone [24]

Answer:

The amount of expense for compensated absence to report in income statement for 2020 is $2,000,000.

Explanation:

This can be calculated using the following formula:

Amount to report in income statement for 2020 = Number of employees * Hourly wages in 2020 * Number of hours worked daily * Vacation Days Earned by Each Employee .......................... (1)

Where;

Number of employees = 500

Hourly wages in 2020 = $25

Number of hours worked daily = 8

Vacation Days Earned by Each Employee = 20

Substituting the values into equation (1) we have:

Amount to report in income statement for 2020 = 500 * $25 * 8 * 20

Amount to report in income statement for 2020 = $2,000,000

Therefore, the amount of expense for compensated absence to report in income statement for 2020 is $2,000,000.

4 0

2 years ago

Suppose there is a large increase in the money supply in an economy that previously had low inflation. As a consequence, aggrega

hoa [83]

Answer:

It illustrates that the classical model of the price level best applies to economies with persistently high inflation.

Explanation:

When a very low inflation rate has been constant in an economy, and the money supply increases suddenly, in the short run that change will not immediately increase the inflation rate, but instead it will increase real output.

Classical economists argue that an increase in the money supply will immediately affect the inflation rate, but that theory applies mostly to economies that have a certain level of inflation. For example, for the past 12 years, European nations have been experiencing very low inflation rates, sometimes even negative rates. But during that same period, the European Central Bank has carried on a huge expansionary policy. It favored economic growth, although not as much as expected, but it didn't skyrocket inflation rate as the classical economy model predicted.

3 0

3 years ago