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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>.

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Verizon [17]

Answer:

Big buy must sell at large at a smaller price which will give tough time to Radio Shack and this is the threat that RadioShack don't want to bear.

Explanation:

Best Buy will choose large quantity because it helps in satisfying the needs of public at large at a lower price. This will force RadioShack to lower its price which will result in losses and this fear of losses will act as a enterance deterent. Though the profit on this strategy is lower but it will safeguard future revenues as RadioShack will not enter the market or get defeated very quickly.

4 0
3 years ago
​an automobile manufacturing company has developed an electric car that uses sunlight to charge itself during movement. this new
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<span>The electric car that uses sunlight to charge itself during movement is a </span>new invention which is a development in the technological component of the general environment of the company. <span>Changes in technological components can be a benefit or a threat to a business. This one is a benefit to the business.</span>
4 0
3 years ago
Bernie is a participant in his employer's non-contributory ESOP. Two years ago, his employer contributed stock with a fair marke
vampirchik [111]

Answer:

taxable amount = $10,000

Explanation:

given data

2 year ago fair market value = $30,000

fair market value = $40,000

sold the stock =  $50,000

solution

we get here taxable amount  when ESOP sold

so taxable amount = Selling price - fair market value on distribution  date ...........1

put here value

taxable amount = $50000 - $40000

taxable amount = $10,000 long term capital gain

3 0
2 years ago
What is the meaning of Constitution ​
Ainat [17]

Answer:

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hen considering whether a holder took the negotiable instrument in good faith, the court looks only at the
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8 0
3 years ago
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