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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.

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Use the following two statements to answer this question:I. The average total cost of a given level of output is the slope of th
Burka [1]

Answer:

B. Both I and II are true.

Explanation:

<em> The average total cost of a given level of output is the slope of the line from the origin to the total cost curve at that level of output</em>

The average total cost is defined as the sum of all total costs divided by the quantity produced. In other words, the cost of one unit of production. The average cost curve as shown in the diagram is U-shaped, where it falls with economies of scale and later rises as diseconomies of scale sets in.

<em />

<em>The marginal cost of a given level of output is the slope of the line that is tangent to the total cost curve at that level of output</em>

Marginal cost is the change that occurs in the total cost when quantity produced increases by one unit. In other words, it is the cost of producing an additional unit of a good. As per the diagram, the slope of the line tangent to the TC (TC = AC x Q1) curve at Q1 is the firm's marginal cost at this output level.

7 0
3 years ago
Which two of the following skills and abilities are important for a flight attendant?
guapka [62]
Hand-Eye coordination and Customer service are important traits for a flight attendant. Hand-Eye coordination is important because a flight attendant is on a moving vehicle while also moving around. Customer service is also important because a flight attendant helps the passengers within the plane.
6 0
3 years ago
You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th
Vikentia [17]

Answer:

Monthly payment: 460.41 dollars

Effective rate:  4.07%

Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

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

PV  $25,000.00

time 60

rate 0.003333333

25000 \div \frac{1-(1+0.003333)^{-60} }{0.003333} = C\\

C  $ 460.413

Now we need to know the effective rate, which is the same as 4% compounding monthly:

(1+0.04/12)^{60} = (1+ r_e)^{5}\\r_e = \sqrt[5]{(1+0.04/12)^{60}} - 1

effective  rate = 0.040741543 = 4.07%

8 0
3 years ago
Suzy’s Cool Treatz is a snow cone stand near the local park. To plan for the future, the owner wants to determine her cost behav
prisoha [69]

Answer:

Cost= $6,242.18

Explanation:

Giving the following information:

Month Number of snow cones Total operating costs

January 3,500 cones  $5,000

February 3,800 cones $4,800

March 5,000 cones $6,800

April 3,600 cones $5,450

May 4,700 cones $6,200

June 4,250 cones $5,950

Suzy uses the high-low method to determine her operating cost equation.

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ highest activity units - Lowest activity units)

Variable cost per unit= (6,800 - 4,800) / (5000 - 3,500)= 1.3333

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 6,800 - (1.3333*5000)= 133

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 4800 - (1.3333*3,500)= 133

Q= 4,582

Cost= 133 + 4582*1.3333= $6,242.18

6 0
3 years ago
Ocean Gate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are
Angelina_Jolie [31]

Answer:

What is the firm's degree of operating leverage?

the degree of operating leverage measures the proportion of fixed costs vs. variable costs

total fixed costs = $30,000,000

contribution margin per hard drive = selling price - variable cost = $200 - $140 = $60

tax rate = 30%

expected sales = 2,000,000 hard drives

degree of operating leverage =  contribution margin / (total sales - total costs) = (2,000,000 x $60) / ($400,000,000 - $280,000,000 - $30,000,000) = $120,000,000 / $90,000,000 = 1.33

DOL = 1.33

If the economy enters a recession, what will be the firm's after tax profit?

firm's EBIT = total revenue - variable costs - fixed costs

  • total revenue = 1,000,000 x $200 = $200,000,000
  • total variable costs = 1,000,000 x $140 = $140,000,000
  • total fixed costs = $30,000,000

EBIT = $200,000,000 - $140,000,000 - $30,000,000 = $30,000,000

firm's after tax profit = EBIT x (1 - tax rate) = $30,000,000 x (1 - 30%) = $21,000,000

firm's after tax profit = $21,000,000

7 0
3 years ago
Read 2 more answers
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