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
kolbaska11 [484]
3 years ago
6

Which of the following forms of business organizations does not have the pass-through feature of income and losses? a. partnersh

ip b. limited partnership c. corporation d. S corporation
Business
1 answer:
Sauron [17]3 years ago
3 0

Answer:

c. corporation

Explanation:

A corporation is a type of business ownership that recognizes a business as a separate entity from its owners. Legally, a corporation is an independent person with commercial rights like any other person. A corporation is entitled to de business, incur debts, acquires assets, and make profits.

A corporation is expected to file its income tax returns at the end of every financial year. The owners of a corporation or its shareholders are also expected to file their separate income tax returns. An element of double taxation arises the business is taxed, and the owners are also taxed separately. In the other form of business ownership, the business incomes pass as owner's income resulting in single taxation.

You might be interested in
Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi
blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

    <u>Cr Cash 5,000</u>

December 31, dividends received

<u>Dr Cash 60</u>

    Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

    Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

  • Decrease by $5,000 due to the purchase of stocks.
  • Increase by $60 due to the dividends received.
  • net cash from investing activities = -$4,940

4 0
3 years ago
How to get a workers permit at 14 If you drop out of school in Pennsylvania
lidiya [134]
Well, for one, yes you can work when you are 14 in Pennsylvania.
<span>
To get a work permit, you must go to your school district to get your work permit, as they are responsible. This is for any student in any kind of school (online, traditional, charter, etc)
</span>
hope this helps
8 0
3 years ago
Read 2 more answers
susan took out a life insurance policy on herself, paying all of the premium payments. she named her daughter, jessica, as the b
Dima020 [189]

She named her daughter, Jessica, as the beneficiary under the policy. Jessica has not given anything in consideration for the policy. Jessica is a donee beneficiary who has the right to enforce the policy once Susan dies.

A beneficiary is a character or entity which you legally designate to acquire the blessings out of your financial merchandise. For live coverage, this is the loss of life benefit your policy will pay in case you die. For retirement or investment bills, that is the balance of your belongings in the money owed.

Some may select a surviving partner as a named beneficiary while others might also call a child or a discern. One great purpose people buy life coverage is for peace of mind in relation to their own family, knowing that life insurance safety is in place in the event of your demise.

Learn more about beneficiary here  brainly.com/question/1268166

#SPJ4

7 0
11 months ago
An appliance repair shop buys and uses about 4,212 fan motors annually. Holding cost is 27 dollars per motor per year, and order
Juli2301 [7.4K]

Answer:

15,251 units

Explanation:

The formula for Economic order quantity is;

EOQ = √2DS/H

Where,

D = Annual demand = 4,212

S = Ordering cost = $177

H = Holding cost = $27/4,212 = $0.00064102564

EOQ = √ 2 × 4,212 × $177 / $0.00064102564

EOQ = √ $1,491,048 / $0.00064102564

EOQ = √232603488.37

EOQ = 15,251 units

4 0
3 years ago
What is approximate debt of the United States right now
Olenka [21]

Answer:

$27 trillion.

Explanation:

5 0
2 years ago
Read 2 more answers
Other questions:
  • A well-known pop star, Britney Spears, was admitted to Los Angeles’ Cedars-Sinai Medical Center for psychiatric evaluation as pa
    9·1 answer
  • The pdca cycle is part of _____. deming management applying the rater dimensions management by exception six sigma statistical p
    10·1 answer
  • A person's low score on the _____ component of the Big Five personality model is closely associated with the fact that he or she
    8·1 answer
  • Laramie Labs uses a risk-adjustment when evaluating projects of different risk. Its overall (composite) WACC is 10%, which refle
    14·1 answer
  • Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a co
    15·1 answer
  • How do industry or external changes impact the things that you do personally?
    7·1 answer
  • The Short-run Aggregate supply (AS) slopes up, because _______________________________________, firms have an incentive to produ
    13·1 answer
  • Consider the following production process for manufacturing biscuits. The first step of the process is mixing where all of the i
    8·1 answer
  • C) Tình hình SX của DN Y trong năm báo cáo như sau:
    8·1 answer
  • Why do you think<br> Relationship skills are<br> important when you own a<br> business?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!