Answer:
<h3>A limited liability company is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. </h3>
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Answer:
The correct answer is letter "A": Penetration.
Explanation:
Penetration Pricing means that an initially low price for a new product or service attracts customers away from the competitors. The new company hopes that even if prices rise to normal levels, customers will continue to use their products. Penetration Pricing will yield higher returns on sales and push rivals out of the market if implemented long enough.
Answer:
$332,000
Explanation:
Given that,
Liabilities = $87,000
Common stock = $ 145,000
Revenue = $ 462,000
Expenses = $ 318,000
Dividends = $ 44,000
Total assets = Liabilities + Common stock + Revenue – Expenses – Dividends
= $87,000 + $ 145,000 + $ 462,000 - $ 318,000 - $ 44,000
= $ 694,000 - $ 362,000
= $332,000
Therefore, the amount of Blue Spruce Company’s total assets is $332,000.
