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Kitty [74]
4 years ago
5

Identify a disadvantage of being an S corporation.

Business
1 answer:
stiks02 [169]4 years ago
5 0

Answer:

The answer is C. section 1202 treatment (qualified small business stock) is not available

Explanation:

An S corporation refers to a type of corporation that meets specific internal revenue code requirement.

S corporation is often more attractive to small-business owners than a standard (or C) corporation. That's because they have some appealing tax benefits and still provides business owners with the liability protection of a corporation.

Corporation taxes filed under S corporation may pass business income, losses, deductions, and credits to shareholders. S corporation shareholders must be individuals, specific trusts and estates, or certain tax-exempt organization.

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Honda’s BP program involves: a. A formalized approach for teaching the supplier to improve its own processes b. Tight control of
Burka [1]

Answer:

a.

Explanation:

A BP Program or Best Practices Program is one that focuses on the process of reviewing different policy alternatives that have been proven to be effecting when dealing with certain issues in the past that have reoccurred in the present and applying them. Honda's unique BP program involves a formalized approach for teaching the supplier to improve its own processes in order for them not to have to outsource.

5 0
4 years ago
a(n) is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but d
Ratling [72]

An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

<h3>What are agent and broker?</h3>

Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.

The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.

It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

To know more about, agents and brokers, check this link:

brainly.com/question/28264386

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7 0
1 year ago
Spielberg Company's general ledger shows a checking account balance of $22,810 on July 31, 2021. The July cash receipts of $1,72
Flauer [41]

Answer:

(a) Bank Reconciliation statement:

Bank's cash balance:

= Per bank statement + Deposits outstanding - Checks outstanding

= $22,346 + $1,725 - $1,300

= $22,771

Therefore, bank balance per reconciliation is $22,771.

Company's cash balance:

= Per general ledger - service fees

= $22,810 - $39

 = $22,771

Therefore, company balance per reconciliation is $22,771.

(b) Journal entry to adjust balance for cash is as follows:

Bank service charge expense A/c    Dr.     $39

To Cash A/c                                                           $39

(To record bank service charge)

6 0
3 years ago
Which statement describes a convention used by Italian Baroque artist Caravaggio in The Conversion of Saint Paul?
user100 [1]

Answer:

D.foreshortening to bring the figure to the front of the painting and project him into the viewer's space.

Explanation:

3 0
3 years ago
To be​ effective, communication must​ ________. A. benefit both parties B. only involve a sender C. be written D. only involve a
ella [17]

Answer:

Benefit both parties

Explanation:

Communication is the process of transferring information from the sender to the receiver. In a communication process: The sender encodes the information, transmits it via a medium, the sender receives the message, decodes it, perceives it and send feedback to the sender.

It the process mentioned above, communication will become ineffective if any of the things is not done properly. Consequently, it should involve, and therefore, benefit both the parties.

5 0
4 years ago
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