Answer:
3,579 units
Explanation:
Computation of the given data are as follows:
Contribution Margin = Selling price - Variable expense
= $235 - $99 = $136
So, to achieve target profit of $34,000
Target Contribution margin = Fixed expense + Target profit
= $452,740 + $34,000
= $486,740
So, sales unit = Target contribution margin ÷ Contribution margin
= $486,740 ÷ $136
= 3,578.97 or 3,579 units
Answer:
Protected assets:.
Pass-through taxation:
Tax-favorable characterization of income:
Straightforward transfer of ownership:
Cash method of accounting
Heightened Credibility:
Explanation:
The advantage S-Corporation have over all other forms of businesses is as follows:
Protected assets:. An S corporation protects the personal assets of its shareholders.
<em>Pass-through taxation</em>:An S corporation does not pay federal taxes at the corporate level. It is of benefit to businesses starting from inception
<em>Tax-favorable characterization of income</em>:S corporation shareholders can be employees and be paid as employees. They can also receive dividends from the corporation and distributions that are tax-free to the magnitude of their investment in the corporation
<em>Seemless transfer of ownership</em>: Ownership can be freely transferred to people legally
<em>Cash method of accounting</em>: They don't have to use the accrual method of accounting while other Corporations use that(except for small businesses)
<em>Heightened Credibility</em>: It helps to establish a strong credibility with business partners, employees, vendors
It’s C I believe :) I hope this helps you
This shows a lack of responsibility. This is because he has a job to do and he is a just taking a break and being lazy. I don’t know if this is right. But, I hope so. Hope this helped you!!
