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Ray Of Light [21]
3 years ago
14

The ________ is a form of business organization that is rapidly gaining popularity in the United States. The concept originated

in Germany and was first introduced in the United States in the state of Wyoming.
Business
1 answer:
zvonat [6]3 years ago
6 0

Answer:

Limited liability company

Explanation:

A limited liability company (LLC) is an hybrid entity United States in which the characteristics of corporations and partnerships are combines. In this strategy owners are not personally liable for the firm's debts.

I hope you find this information useful and interesting! Good luck!

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Jackson Co. began the year with $20,000 in inventory. During the year, the company purchased $80,000 worth of inventory. At the
Irina-Kira [14]

Answer:

The total cost of goods sold  = $70,000

Explanation:

Given:

Initial inventory at the start of the year for Jackson Co. = $20,000

Total cost of purchases made during the year = $80,000

Inventory remaining at the end of the year = $30,000

Solution:

Total inventory for Jackson Co. during the year = \$20,000+\$80000= \$100,000

Inventory remaining at the end of the year = $30,000

The cost of the goods sold can be calculated by subtracting the remaining  inventory from the total inventory.

Thus, cost of goods sold can be given as :

⇒ \$100,000-\$30,000

⇒  \$70,000

The total cost of goods sold  = $70,000

8 0
3 years ago
Wyatt's annual take-home pay is $39,000. what is the maximum amount that he can spend per month paying off credit cards and loan
sukhopar [10]
650 is the answer, hope this helps 
3 0
3 years ago
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Jacob Company sold a $1,000 par value, non-callable bond that has 20 years to maturity and a 7.00% annual coupon that is paid an
ratelena [41]

Answer:

4.64%

Explanation:

5 0
3 years ago
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0
2 years ago
18. Open Market Operations and the Money Multiplier Suppose that the reserve requirement for checking deposits is 10 percent and
Arlecino [84]

Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
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