Answer:
Sole proprietorship and partnerships generally have a tax advantage over many corporations, especially large ones.
Explanation:
Corporation face fewer regulations than Sole proprietorship.
In any partnership every partner is liable for their share of rights, privileges, and liability exposure.
An S Corp and C Corp are not taxed the same.
<span> Rusty will pay less interest with the adjusted balance method and the average daily balance method, but not with the previous balance method.</span>
Answer:
The profit margin here is $3
Explanation:
The profit margin is calculated by
Profit Margin = Sales - Cost of Sales
And
Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.
So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.
By putting values we have:
Profit Margin = $8 per unit - $5 per unit = $3 per unit
Karl would be responsible for paying for new paint under the <span>piecework and payment in kind wage systems.</span>
