Answer:
Having a partnership as a shareholder.
Explanation:
An S corporation or an S sub-chapter is a small business corporation that has been allowed by the Internal Revenue Services(IRS) to file its tax as a corporation. IRS recognizes an S corporation as a legal form of business ownership. An S corporation may elect to pass its income and losses deductions directly to the shareholders for federal tax purposes.
For a small business corporation to qualify as an S corporation, it must meet specific requirements. Some of the requirements include
- Shareholders should be individuals, certain trusts, estates, and specific exempt organizations. Shareholders can not be corporations or partnerships.
- Shareholders must be US residents or citizens
- The Entity should not have more than 100 shareholders.
Answer:
a) 7.93%
b) 58,000 dolllars
Explanation:
a) We want to increase the profits by 5,000 thus we divide by our current supply chain cost to know how much do we need to decrease it:
5,000 / 63,000 = 0.0793 = 7.93%
b) material cost if estrategy is success:
original cost less 5,000 cost reduction
63,000 - 5,000 = 58,000
Answer:
True
Explanation:
Identifying your sources help your audience believe that your information is reliable.
It's false! They have to hear all of them
Answer:
The final value of the investment after 3 years is $7,146.10
Explanation:
Giving the following information:
Investment= $6,000
Interest rate= 6% compounded annually
The number of years= 3 years.
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 6,000*(1.06^3)
FV= $7,146.10
The final value of the investment after 3 years is $7,146.10
