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2 years ago

The benefits of operating a business as a limited liability corporation include all of the following EXCEPT ________.

1 answer:

N76 [4]2 years ago

5 0

The benefits of operating a business as a limited liability corporation include all of the following EXCEPT the business cannot be sued by another party. In an LLC you are not able to be sued by another party. An LLC is similar to a partnership and a sole-prioprietorship with the interworking of a corporation. In an LLC there is a tax break given by following the partnership and sole-proprietorship methods. Due to the tax breaks, an LLC is a popular business model that many small businesses use.

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Even though they operate from out-of-the-way airports and offer few extra services, discount, no-frill airlines like Ryanair and

Taya2010 [7]

Answer: The correct answer is "D. the benefit of lower prices to be greater than the cost of reduced services and less convenience.".

Explanation: Consumers obviously consider the benefit of lower prices to be greater than the cost of reduced services and less convenience.

Discount and no-frills airlines have less costs to cover so they can offer lower and more affordable prices for consumers. These airlines have been successful because it turns out that consumers value or prefer the lower price rather than the additional services.

3 0

3 years ago

On June 30, 2020, Sarasota Company issued $3,340,000 face value of 14%, 20-year bonds at $3,842,540, a yield of 12%. Sarasota us

ki77a [65]

Answer:

1) June 30, 2020, bonds are issued at a premium

Dr Cash 3,842,540

Cr Bonds payable 3,340,000

Cr Premium on bonds payable 502,540

2) December 31, 2020, first coupon payment

Dr Interest expense 230,552.40

Dr Premium on bonds payable 3,247.60

Cr Cash 233,800

amortization of bond premium = ($3,842,540 x 6%) - $233,800 = -$3,247.60

3) June 30, 2021, second coupon payment

Dr Interest expense 230,357.54

Dr Premium on bonds payable 3,442.46

Cr Cash 233,800

amortization of bond premium = ($3,839,292.40 x 6%) - $233,800 = -$3,442.46

4) December 31, 2021, third coupon payment

Dr Interest expense 230,151

Dr Premium on bonds payable 3,649

Cr Cash 233,800

amortization of bond premium = ($3,835,849.94 x 6%) - $233,800 = -$3,649

5 0

2 years ago

Department S had no work in process at the beginning of the period. It added 12,200 units of direct materials during the period

galben [10]

Answer:

Cost of completed units = $158,240

Explanation:

Cost of completed units = Cost per equivalent unit × no of units

Equivalent unit = Degree of completion × units of work

Equivalent units of material

( 9200× 100%) + (3000×100%) = 12,200 unit

Cost per equivalent unit of material = $97,600/12,200 units= $8

Equivalent units of labour and overhead

(9200× 100%) + (3000× 25%) = 750

Cost per equivalent unit of labour and overhead

=( 73,630+17910)/9950 =$9.2

Cost of completed units

= $(9.2+8)× 9,200 = 158,240

Cost of completed units = $158,240

5 0

3 years ago

Why is the white epiphone explorer more expensive

sukhopar [10]

Explores more or its the newest thing they have...

3 0

3 years ago

The average cost per seat on the 75-passenger Get-There-Safe Bus company's trip from Milwaukee to Minneapolis, on which no refre

dezoksy [38]

Answer:

The answer is by charging lower price on remaining three ticket (any ticket price above $0)

Explanation:

As company is not giving any refreshment so it not incurring any variable cost. So here sales is equal to contibution and every single dollar revenue generated is a contribtion towards fixed cost and targeted profit. So by decreasing sale price on remaining tickets company will be able to sell them and this sale will result in more profit to the company.

8 0

3 years ago