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AlladinOne [14]
2 years ago
10

One disadvantage of a partnership is lower monitoring costs. limited liability. difficulty raising funds. it permits greater spe

cialization.
Business
1 answer:
Degger [83]2 years ago
3 0

The correct answer is difficulty raising funds.

If a business is owned by a partnership, the company is limited to the amount of money that the partners have to invest. This is different from corporation, because when this type of business needs for funds they can sell more stock.

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Empowering employees can lead to so many kinds of performance gains that organizations often use their reward systems to promote
nirvana33 [79]
The answer is true because empowerment is a positive thing which leads to a positive outcome.
3 0
2 years ago
Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax
valentinak56 [21]

Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

=$128,267 * 24%

=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

8 0
3 years ago
Most consumers have only one choice in financing current purchases. (<br> a. true (<br> b. false
ryzh [129]
B. False. There are usually multiple choices depending on credit score and such.
3 0
3 years ago
In which situation would an employer be required to pay overtime?
madreJ [45]

Situations in which an employer would be required to pay overtime are:

A salaried employee works on a Saturday

A salaried employee works on a federal holiday

Explanation:

Overtime payments are required b the law to pay to a firm when they make their employees work over the permissible limit of work or hat is allowed int he job contract as the work limit for the company.

The concept is introduced for salaried workers as the work for a salary for the month and not on the hourly basis.

They are to be paid whenever they are made to work over whatever is in their contract which includes Saturday for most workers who do not have an off then and also on federal holidays invariably.

3 0
3 years ago
Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca
Flura [38]

Answer:

36%

Explanation:

For the computation of the company's return on equity first we need to follow some steps which is shown below:-

Step 1

Earnings before tax = EBIT - Interest

= $452,000 - $152,000

= $300,000

Step 2

Earnings after interest and taxes = Earnings before tax - Tax

= $300,000 - ($300,000 × 40%)

= $300,000 - $120,000

= $180,000

Step 3

Asset turnover ratio = Total revenue ÷ Total assets

3.6 = $4,000,000 ÷ Total assets

Total assets = $1,111,111.11

Step 4

Equity ratio = 1 - Debt ratio

= 1 - 0.55

= 0.45

Step 5

Total Equity = Equity ratio × Total assets

= 0.45 × $1,111,111.11

= $500,000

and finally

Return on Equity = Net income ÷ Equity

= $180,000 ÷ $500,000

= 0.36

or

= 36%

3 0
3 years ago
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