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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.

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The invisible hand refers to the Multiple Choice fact that the U.S. tax system redistributes income from rich to poor. fact that
oksian1 [2.3K]

According to the theory of the invisible hand, when there is competition, self-interested decisions advance the society interests.

<h3>What is the invisible hand theory?</h3>

Adam Smith, a Scottish philosopher and economist, popularized the metaphor of the "invisible hand" to describe the processes by which positive social and economic consequences may result from the collective self-interested acts of individuals, none of whom intend to produce such outcomes.

<h3>How is Adam Smith's invisible hand idea still applicable today?</h3>

An important economic idea that is still relevant today is the invisible hand theory. It may provide insight into the operation of free markets and consumer behavior. Although the idea is significant, it is frequently applied in ways that are inconsistent with Smith's original text or out of context.

<h3>What exactly is the "invisible hand" and why is it significant?</h3>

The term "invisible hand" describes how an individual's self-interests help society as a whole. In other words, through pursuing the profit motive, individuals are required to offer commodities at a cost that others are prepared to pay. Society gains as a result since those goods might not have been created otherwise.

learn more about invisible hand theory here

<u>brainly.com/question/3078419</u>

#SPJ4

8 0
2 years ago
Companies monitor sustainability performance for several purposes, including organizational learning, improved decision-making,
Alex787 [66]

Among the factors or reasons listed above, companies also monitor performance for sake of Accountability.

<h3>What is Accountability?</h3>

Every corporation, and its entities and stakeholders must be accountable if they are to thrive.

This means that every person within the system must embrace responsibility for doing the right thing and accept the responsibility for not doing so as well.

A business can be accountable by:

  • communicating its expectations clearly and timely
  • fostering a learning environment,
  • empowering its employees etc.

See the link below for more about Accountability:

brainly.com/question/980342

5 0
2 years ago
On January 1, 2019, Amazon issues $100,000 in bonds having a stated rate of 10%. The bonds mature in 2 years (Dec. 31, 2020) and
Nutka1998 [239]

Answer:

cash                   96,535 debit

discount on BP    3,465 debit

          Bonds Payable          100,000 credit

Explanation:

We need to determinate the price at which the bonds were issued:

Which is the present value of the coupon payment and maturity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

Coupon payment: 100,000 x 10% / 2 = 5,000

time 4  (2 years x 2 payment per year)

rate 0.06  (12% annual / 2 = 6% semiannual)

5000 \times \frac{1-(1+0.06)^{-4} }{0.06} = PV\\  

PV $17,325.5281  

 

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity (face value)   $100,000.00  

time   4.00  

rate  0.06

\frac{100000}{(1 + 0.06)^{4} } = PV  

PV   79,209.37  

 

PV c $17,325.5281  

PV m  $79,209.3663  

Total $96,534.8944  

As the bonds are issued below face value there is a discount:

100,000 - 96,535 = 3,465

the entry will recognize the cash procceds and the creation of a liaiblity

we will also use an auxiliar account for the discount on the bonds

7 0
3 years ago
When workers negotiate as a group with employers, they are engaging in ____.
Jlenok [28]

Collective Bargaining

3 0
3 years ago
During which phase must project teams address important considerations for managing information (and often end up updating busin
beks73 [17]

Answer:

execution

Explanation:

The phase in which project teams address important considerations for managing information (and often end up updating business processes through improved communications) is execution phase.

Execution phase has a very long process in project management, in this phase information has to be managed,it is in this phase of management that the product and services that the organization render is been delivered to the customers. And most importantly, communication has to been improved between the company and their clients.

6 0
3 years ago
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