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2 years ago

A limited liability company (LLC) will be taxed as a corporation unless it elects to be taxed as a partnership. True False

Business

1 answer:

hichkok12 [17]2 years ago

6 0

Answer:

True

Explanation:

A LLC is a company that has its own identity and is taxed separated from all owners and investors.

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Select the correct answer from the drop-down menu

iragen [17]

Answer:

What to produce?

Explanation:

A society has to make choices in order to meet the diverse needs of its members. The resources available in all economies are insufficient to meet all needs. Because of this scarcity, a society has to make informed decisions on what to produce at any given.

Societies make choices on what to produce with the available resource. In every decision, there is a sacrifice to be made.

8 0

2 years ago

Lindsey Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A

natita [175]

Answer:

Results are below.

Explanation:

First, we need to calculate the activities rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 24,000 / 1,000= $24 per activity unit

Activity 2= 36,900 / 900= $41 per activity unit

Activity 3= 63,000 / 1,800= $35 per activity unit

Now, we can allocate costs to product A:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Activity 1= 24*200= $4,800

Activity 2= 41*750= $30,750

Activity 3= 35*1,000= $35,000

Total allocated costs= $70,550

Finally, the unitary cost:

Unitary cost= 70,550 / 5,000= $14.11

3 0

2 years ago

You have just purchased a car and, to fund the purchase, you borrowed $31,000. If your monthly payments are $493.25 for the next

Free_Kalibri [48]

Answer:

4.56%

Explanation:

The annual percentage rate refers to the rate at which the loan amount is equal to the present value of cash flows

In mathematically

Loan amount = Present value of cash flows

Loan amount = Monthly payment × PVAF (rate, number of years)

$31,000 = $493.25 × PVAF (rate, 72 months)

So,

PVAF (rate, 72 months) = 62.8485

And, the monthly rate is = 0.38%

So, the APR is

= Monthly rate × total number of months in a year

= 0.38% × 12

= 4.56%

The 72 months is

= 6 years × 12 months

= 72 months

7 0

2 years ago

DeFeet International started as a cyclist sock company. The founder, Shane Cooper, said that the existing socks for cyclists wer

SpyIntel [72]

Answer:

Multi-Segment Marketing

Explanation:

As DeFeet initially positioned themselves as cyclist sock company but after some time, they identified the mass appeal of their product. They started offering hiking and snow gear which included products like arm skins, calfskin, boxer briefs, gloves, shirts other than just socks. Not only that but they also made a department for customized products. This strategy of offering same category product to different segments is known is multi-segment marketing

4 0

3 years ago

An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the

quester [9]

An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the movement from C to F.

The economy in points A, B, C, and D is at full employment. Some employees make bread, while others make wine. Points F and G depict scenarios where the unemployment rate varies depending on the state of the economy. Point E illustrates a growing economy that is performing above its maximum level of employment. When the unemployment rate is between 4% and 5%, an economy is considered to be in full employment; nonetheless, frictional unemployment is always present.

Given that the economy was at full employment when the question was asked, but that unemployment then rose, the starting point must be A, B, C, or D, and the final position must be F or G. Only option D, from points C through F, makes sense.

An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the movement from C to F.

To learn more about the above question, visit the following link:

brainly.com/question/14549969

#SPJ4

6 0

1 year ago