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
natulia [17]
3 years ago
14

Ray is starting a new business with a friend and trying to decide between a C corporation, S corporation, and partnership. What

statements regarding his decision is correct?
Business
1 answer:
Kay [80]3 years ago
5 0

Answer:

The correct answer is letter "B": A partner in a partnership is taxed on his or her share of partnership income.

Explanation:

Partnerships are organizations where two or more individuals operate a business. The partners are fully liable for the transactions of the company which implies their personal assets can be considered as collateral if the company falls into debt. When it comes to taxes, the partners must file them according to the <em>percentage contribution to the partnership</em>.

You might be interested in
Y Corporation's password protection policy requires all employees to change their passwords every week. Because of this requirem
Stels [109]
C is the best answer! goodluck
5 0
3 years ago
True or false: While taxpayers benefit from government-provided programs and services, such as national defense and law enforcem
polet [3.4K]

Answer:

True

Explanation:

Taxes paid are NOT directly related to any specific benefit received by the taxpayer.

4 0
3 years ago
On January 1, 2020 (the date of grant), Concord Corporation issues 2,300 shares of restricted stock to its executives. The fair
ioda

Answer:

Explanation:

Date. Description/Account. Debit. Credit.

1/1/2020. Unearned Compensation. $69,000

Paid - in Capital in Excess of Par. $69,000

Common stock. $10,000

12/31/2020 Compensation Expense. $23,000

Unearned Compensation. $23,000

5 0
3 years ago
Last week, the 3,000 visits to Rebecca's e-commerce site generated $600 in revenue selling products that cost her $300. What is
Leona [35]

Answer:

$0.10

Explanation:

Calculation for the amount that Rebecca should spend on a PPC advertisement for her website

Using this formula

Amount to be spend=Cost /Numbers e-commerce site visits

Let plug in the formula

Amount to be spend=$300/3,000

Amount to be spend=$0.10

Therefore the amount that Rebecca should spend on a PPC advertisement for her website will be $0.10

8 0
3 years ago
Consider a firm with a 9.5% growth rate of dividends expected in the future. The current year’s dividend was $1.32. What is the
Over [174]

Answer:

Using the DDM method we can find the fair value of the stock. For that we need the current years dividend, the company's growth rate and the required rate of return on the stock.

The formula for DDM is

Value = D*(1+G)/R-G

D= 1.32

G= 9.5%

R=13%

1.32*(1+0.095)/(0.13-0.095)= 41.29

The fair present value of the company based on the dividend discount model is $41.29.

Explanation:

6 0
4 years ago
Other questions:
  • The mcdonald's corporate brand name and golden arches can be classified as ________ that may potentially stimulate an individual
    6·1 answer
  • Which accounting principle states that a company should record revenues when they provide goods and services to customers?
    9·1 answer
  • Walmart relies on a cost leadership strategy and tries to keep all of its expenses as low as possible. The company relies heavil
    8·1 answer
  • Match each scenario with its effect on the PPC.
    8·2 answers
  • On May 1, Year 1, Benz’s Sandwich Shop loaned $16,000 to Mark Henry for one year at 8 percent interest. Required a. What is Benz
    11·1 answer
  • Alison Jacobs (single) purchased a home in Las Vegas. Nevada for $400,000. She moved into the home on September 1, year O. She l
    12·1 answer
  • Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,900 Oct. 31 Goods finished X 31 Di
    6·1 answer
  • Northwest Building Products (NBP) manufactures two lumber products from a joint milling process: residential building lumber (RB
    9·1 answer
  • At a price of $2,000 per unit, the demand for Rancho 60 mountain bikes from Peyton Bike's Inc. is 300 units, which is the number
    12·1 answer
  • A sale of treasury stock may result in a decrease in paid-in capital. All decreases should be charged to Paid-In Capital from Sa
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!