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ss7ja [257]
3 years ago
15

Double taxation is a disadvantage of a corporation because the corporation has to pay income taxes at twice the rate applied to

partnerships.
True / False
Business
1 answer:
Murrr4er [49]3 years ago
6 0

Answer:

given statement is false

Explanation:

solution

the given statement is false because here  Double Taxation meaning that income are taxed in the hand  of corporation and then in the hand  of shareholders  

when dividends is distributed that does not meaning that the corporation pay  double the tax of partnerships

so we can say given statement is false

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mylen [45]
The factors of production will influence an items' Availability.
6 0
3 years ago
Read 2 more answers
Florida has an agreement with some other states which recognizes the similarity in education and experience requirements
babymother [125]

Correct/Complete Question:

Florida has an agreement with some other states which recognizes the similarity in education and experience requirements for licensees. What is the agreement called?

(a) Reciprocity

(b) Mutual recognition

(c) Cooperative licensure

(d) Intrastate licensing

Answer:

B, Mutual recognition

Explanation:

Mutual recognition agreement is an agreement that exists between two or more governments that has all parties agree to recognize each other's assessment results.

As regards the state of Florida in the question, it has mutual recognition agreements with other state(s) in the the area of education and licensing.This means that Florida state has a the process if licensing a real estate agent.

Cheers.

6 0
3 years ago
Kate Payne was reading the business plan for New Venture Fitness Drinks, and noticed that prior to its financial statements, New
Y_Kistochka [10]

Answer: Financial Notes and Supplementary Schedules

Explanation:

The Financial Notes and Supplementary Schedules is also known as footnotes.

The notes discloses-

a. Assumptions used in the preparation of the financial statements.

b. Discloses accounting policies used in the preparation of the financial statements.

c. Financial instruments been used by the business.

d. Legal matters.

I hope this answers your questions.

Goodluck

8 0
3 years ago
Without buying points, a monthly mortgage payment will be $958. Buying 1 point at closing would reduce the payment to $948. 75.
d1i1m1o1n [39]

The time taken to break even at buying 1 point will be in<u> 9 years</u>.

Given,

  • Monthly mortgage payment =$958
  • Monthly payment will be reduced to buy 1 point =$948.75
  • Cost of each point =$1,000

Computation:

1. The computation of the reduced amount in the monthly mortgage payment:

\begin{aligned}\text{Reduced Amount}&=\text{Original Payment}-\text{Reduced Payment}\\&=\$958-\$948.75\\&=\$9.25\end{aligned}

2. The computation of yearly mortgage payment:

\begin{aligned}\text{Yearly Mortgage Payment}&=\text{Reduced Amount}\times\text{Total Months in a Year}\\&=\$9.25\times12\\&=\$111\end{aligned}

3. The computation of the number of years for the break-even by buying 1 point:

\begin{aligned}\text{Number of Years}&=\dfrac{\text{Cost of Point}}{\text{Amount og Yearly Mortgage Payment}}\\&=\dfrac{\$1,000}{\$111}\\&=9.00\;\text{Years}\end{aligned}

Therefore, to break even by buying 1 point the holder requires 9 years to reach.

To know more about mortgage payments, refer to the link:

brainly.com/question/1542555

4 0
2 years ago
Years ago, the travel industry was controlled by a few large travel companies that booked holidays, air tickets, bus tickets, an
malfutka [58]

Answer:

A. The travel industry changed from a consolidated structure to a fragmented one.

Explanation:

In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.

But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.

This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.

Thus, the correct answer is option A.

6 0
3 years ago
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