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3 years ago

What is an advantage of a Limited Liability Company?

Business

1 answer:

son4ous [18]3 years ago

3 0

Answer:

llc ,No restrictions on the number of members allowed

pass through taxation

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In the United States, what does the general level of a family’s income have to do with the amount of cash the family is likely t

Sophie [7]

Answer:

The general level of family's income is directly proportional to the amount of cash a family is likely to hold

Explanation:

Of the three motives of money, transactional motives of money relates to holding money(whether at hand or at bank) to meet daily transaction e.g buying of fuel/gas, transport fare to work place.

If the level of income of a family increases, other things being equal, the family tends to hold more money for their daily transaction. The level of income is directly proportional to amount of cash a family holds...

For example, family A earns $100 per week and holds $30 to meet daily transaction or unforeseen circumstances. If his pay increases to$150, it is intuitive for Mr A to hold higher money, lets say $50

6 0

3 years ago

The strategy of convincing a customer to buy a higher-priced item than he or she had originally intended is called

Sauron [17]

It's called an upselling

It's a common technique that a salesman/ marketing team use to increase profit with promise that the customer will get a better product or service

The example of an upselling is when you want to buy a cheap house, but the salesman manage to convinced you that buying another expensive house is good for your investment, and you buy the expensive one instead.

5 0

3 years ago

"Assuming that PDQ Corporation has annual net sales of $303,000,000 and annual cost of goods sold of $202,000,000, what is the i

kondaur [170]

Answer:

Explanation:

The inventory turnover ratio is defined as the ratio of the cost of goods sold to the average inventory.

Average Inventory = annual net sales - annual cost of goods sold

Average Inventory = $303,000,000 - $202,000,000

Average Inventory = $101,000,000

Given cost of goods sold = $202,000,000

Inventory turnover ratio = cost of good sold/average inventory

Inventory turnover ratio = $202,000,000/$101,000,000

Inventory turnover ratio = 202/101

Inventory turnover ratio = 2

<em>Hence the inventory turnover ratio for PDQ Corporation is 2</em>

7 0

3 years ago

An organization that regularly provides a standardized set of data on a periodic basis to its subscribers is called a ______.

Helga [31]

B.full service research supplier

4 0

3 years ago

What is the sale price for a swimming suit with a regular price of $59.95 which is on sale for 30% off?

quester [9]

Answer:

$41.97

Explanation:

5 0

3 years ago