1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liq [111]
3 years ago
12

hich of the following statements is CORRECT? (A) One advantage of corporations is that they avoid double taxation. (B) One advan

tage of a sole proprietorship is that the owner is exposed to unlimited liabilities. (C) One advantage of an LLC is that its owner has only limited liabilities. (D) One advantage of the C corp is that it avoids double taxation.
Business
1 answer:
DerKrebs [107]3 years ago
8 0

Answer: (C) One advantage of an LLC is that its owner has only limited liabilities.

Explanation:

A Limited Liability Company (LLC) has the main advantage of its owners having only a limited liability when it comes to debts and liabilities. This is because the LLC is a bit of a mixture between a partnership and a corporation.

This mix results from the fact that LLCs are formed by partners but their personal assets will be separated from the business like in Corporations which means that in case of default, only the assets they brought into the business will be targeted.

You might be interested in
Beginning WIP is 45% complete and ending WIP is 10% complete as to conversion costs. Materials are added at the beginning of the
lara [203]

Answer:

c. none of these

units started into the process this period plus units in beginning inventory

Explanation:

In FIFO , the physical units are divided between the beginning units, units started in process and the ending units. But as all the materials is added at the beginning of the process so the FIFO physical units would be divided between the units started into the process this period plus units in beginning inventory and hence the equivalent units for materials will be calculated.

So the best choice is option c.

5 0
3 years ago
Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems
ryzh [129]

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

4 0
4 years ago
A guest calls to make a reservation. She tells you her friend made a reservation for $315 versus the $350 you are quoting as a r
RideAnS [48]
<span>The situation should be handled by speaking in a calm, yet firm tone of voice. The customer should be told the rates for rooms at the hotel, as well as any charges that may occur for cancelling. If the customer still isn't satisfied, she should be transferred to the manager for further explanation.</span>
3 0
3 years ago
A report that details prevention, appraisal, internal failure, and external failure costs is called a ________.
Elden [556K]

Answer: quality cost report

Explanation:

I just checked it and got it right.

7 0
3 years ago
Which economic indicator can show whether a country's economy is growing or stagnating?
klemol [59]
The GDP is neither growing nor shrinking. APEX 
3 0
3 years ago
Read 2 more answers
Other questions:
  • From the four factors of production, which one is the engine behind
    6·1 answer
  • Chief pontiac decided to try to drive the british out of the ohio valley because
    11·1 answer
  • This department operates the bureau of engraving and printing, which includes the printing of all money, postage stamps, and foo
    15·1 answer
  • If mistakes or fraudulent reporting behavior are discovered, auditors require the company to correct all significant information
    13·1 answer
  • What is trade in economics​
    6·2 answers
  • The effect of liquidity on stock returns might be related to:I. The small-firm effectII The book-to-market effectIII The neglect
    7·1 answer
  • Tony borrows $1300 at an annual interest rate of 6.0%. He receives the loan on the first day of the current month and will make
    13·1 answer
  • Explain the difference between a formal and informal team.
    14·1 answer
  • On November 1, Year 1, Key Co. paid $3,600 to renew its now-expired insurance policy for 3 years. It recorded this payment as an
    15·2 answers
  • What is the value of a $1000 investment that looses 5% each year for 8 years?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!