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Anika [276]
4 years ago
5

Limited liability companies are primarily designed to:

Business
1 answer:
Paha777 [63]4 years ago
8 0
The answer to the given question above is option D: <span>provide limited liability while avoiding double taxation. This is the main purpose of the limited liability companies. So basically, in a limited liability company or known as the LLC, the members of the company are considered safe from any chances of debts or liabilities of the company. Given this benefit, the LLC does not pay taxes. </span>
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At February 1, 2022, the balance in Bonita Industries supplies account was $3080. During February Bonita purchased supplies of $
ICE Princess25 [194]

Answer:

Balance of Suppliers Account is $2200 debit

Explanation:

It is important to know that the Supplies Account increases on the debit side and decreases on the credit side.

On 1 February the account was $ 3080 and this was a debit since it was an existing balance.

Purchase during the year by Bonita Industries increased the Supplies Account. A debit entry of $2640 must be recorded.

Used supplies during the year decrease the Supplies Account. A credit entry of $3520 must be made

There for the balance left $2200(3080+2640-3520) is still on the increase side (debit).Hence the answer $2200 debit is correct.

5 0
4 years ago
As you read the business news, you come across an advertisement for a bond mutual fund – a fund that pools the investments fro
Alika [10]

Answer:

Follows are the solution to this question:

Explanation:

Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

Secondly, during every decrease in bond yields, the finance kept bonds so the income on stocks exceeded this same rate of interest significantly. Remember that bond costs skyrocket as interest rates drop as well as give the purchaser an investment income. Because once interest rates are now close to zero, it's also likely that they could increase as well as the owners would then lose their money. Its high return could be due to a drop in interest rates, and not only will it not be replicated, but the low or even low return will almost definitely be followed by either a rise in interest rates.

6 0
3 years ago
Evidence-based HR refers to the practice of initiating disciplinary action against employees only in the presence of clear and d
NeTakaya

Answer:

This statement is False.

Explanation:

<u>Evidence-based Human Resources</u> is the practice of evaluating decisions based on real data, experience, research and/or expert opinions in order to obtain the best outcome from such decision. It consists of gathering all reliable and related sources of information regarding a specific situation to analyze it and make an informed decision. Of course, this does not mean that there will not be any mistakes, but <u>Evidence-based HR</u> helps in getting rid of biases and assumptions that affect decision-making.

7 0
3 years ago
If all the things we are learning in school where useful why do teachers work at a place that doesn't pay much when they could b
ser-zykov [4K]

Answer:

A lot of the times it's because they like teaching. They enjoy it, and they enjoy being around kids.

3 0
3 years ago
Read 2 more answers
If the demand for labor is going to outstrip the supply, a(n) _____ manager may hire more workers and encourage current workers
Natasha_Volkova [10]
<span>An human resources manager may hire more workers and encourage current workers to put in extra hours. The human resources department is responsible for hiring people and firing employees, so the hr manager is capable of hiring more workers if they need to. They are responsible for payroll and the employees's well-being, so if the manager feels that he or she can pay the workers for the extra hours they should.</span>
6 0
4 years ago
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