<u>Data analytics</u><u>, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely be assumed that the firm is </u><u>manager-managed.</u>
<u>What is a limited liability company LLC ?</u>
- A limited liability company (LLC) is a type of business structure that combines the traits of corporations and partnerships.
- It has TWO PRIMARY FEATURES: (1) the shareholders of corporations are granted limited liability; AND. (2) The tax treatment of a partnership.
What advantage does the LLC form of business ownership offer ?
- An LLC offers both the limited liability of a corporation and the tax status of a partnership.
- Benefits: LLCs are more flexible and let non-resident aliens, partnerships, and corporations join.
What is one benefit of a limited liability company over a corporation?
- The limited liability protection that the name suggests is an LLC's main advantage.
- An owner's personal assets may be protected from business debts and lawsuits asserted against the company if they operate through an LLC.
Learn more about limited liability company
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Answer:
The adjusting entry at the end of January:
Debit Unearned revenue: $480
Credit Revenue: $480
Explanation:
When recceived $600 on January 15 from customer, the company must record:
Debit Cash: $600
Credit Unearned revenue: $600
because all lessons are not provided by the company, the company can't recording revenue.
On January 31, the company provided 8 lessons, so the company must recording revenue for these lesson (8x$60=$480) by adjusting entry.
Answer:
Deep ocean currents
Explanation:
Deep ocean currents do not affect global climate patterns. Deep ocean currents are driven by thickness and temperature inclinations. Since the development of profound water in sea bowls is mainly caused by thickness driven powers and gravity, Deep Ocean currents into deep sea plates at high scopes where the temperatures are sufficiently cold to make the thickness increment.
We shall Ignore cost of sugar cane at $0.36 per pound, as its going to be incurred for both processes.
Lets find the cash flow from not processing further:
42500 pounds Sugar @ $1.43 per Pound $60,775
Lets find the cash flow from Processing Further:
If 42500 pounds of raw sugar are processed further, we get 34000 pounds of refined sugar(42500/1.25)
34000 pounds of refined [email protected] $2.23 per pound $75280
Additional Processing charges for 42500 [email protected]$0.49 ($20825)
Total Cash Flow $54995
As can be observed, the organisation earns more when they sell raw sugar, Thus sugar should not be processed further.
Answer: $31200
Explanation:
Based on the information given in the question, the total cost to be assigned to the ending work in process will be:
Material cost = 4800 × $6 = $28800
Conversion cost = 4800 × 25% × $2 = $2400
Therefore, the total cost to be assigned to the ending work in process will be:
= $28800 + $2400
= $31200
