1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
3 years ago
7

To raise capital, candace tyson and martha black plan to sell stock to between 108 and 200 investors. they also want to avoid do

uble taxation. which type of business ownership would you recommend
Business
1 answer:
Readme [11.4K]3 years ago
5 0
I would recommend the limited liability company type of the business for Candace Tyson and Martha Black's business. A limited liability company is not a separate tax subject in its business. The tax liability in this type of business occurs for each of the shareholders of the company. Therefore, it will avoid the double taxation situation.
You might be interested in
Which individual is a producer?
Ronch [10]

Answer:

To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. I believe that a host who seats customers in a busy restaurant would be considered a producer because he is providing a service to consumers.

Hope this helps!

7 0
3 years ago
Read 2 more answers
Suppose Musashi and Rina are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix
natulia [17]

Answer:

a) Dominant strategy is for Rina to choose Right.

b) Musashi chooses left and Rina chooses right

Explanation:

As per the data given in the question,

a).

A winning strategy is the tactic a player selects regardless of the tactic other player selects.

When Rina selects left, Musashi selects right because  (7>4)

When Rina selects right, Musashi selects left because  (6>4)

When Musashi selects left, Rina selects right because (6>1)

When Musashi selects left, Rina selects right because  (7>6)

So only dominant strategy is for Rina to choose Right

b)

In a Nash equilibrium, the players decide their strategies taking in consideration other strategy.

Hence, Musashi chooses left and Rina chooses right, (payoff: 6,1)

4 0
3 years ago
Tyson Corporation bought raw materials on April 23, 2012 and also on July 2, 2012. Products produced in the months of May were s
exis [7]

Answer:

2. the inventory acquired on April 23 with the products sold

Explanation:

Tyson Corporation

<em>As the company uses FIFO it would associate the sales with the inventory bought earliest. FIFO means first in first out the materials bought first would be sold first . The materials bought later would be sold later. In this situation the April 23 inventory is the first purchase so it would be associated with the products sold first in July. </em>

So option 2 is the best option indicating the first purchase sold first.

5 0
3 years ago
Read 2 more answers
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
3 years ago
Which of the following is not an advantage of owning mutual funds? A. All of the options are advantages of mutual funds. B. They
weeeeeb [17]

(C) They treat income as 'passed through' to the investor for tax purposes.

<h3>What are mutual funds?</h3>
  • A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.
  • The phrase is frequently used in the US, Canada, and India, while open-ended investment companies in the UK and SICAVs in Europe are comparable global structures.
  • Mutual fund distributions, whether made in the form of cash payments or reinvested in additional shares, must be taxed if shares are held in a taxable account.
  • Following the end of each calendar year, the funds submit IRS Form 1099-DIV detailing distributions made to shareholders.
<h3>Who are investors?</h3>
  • A person who invests money does so in the hope of earning a profit or gaining an advantage in the future.
  • The majority of the time, the investor purchases some kind of property using these assigned funds.
<h3>What is tax?</h3>
  • Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
  • A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
  • Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt.

Therefore, "(C) They treat income as 'passed through' to the investor for tax purposes" is not the advantage of owning mutual funds.

Know more about mutual funds here:

brainly.com/question/4340765

#SPJ4

4 0
1 year ago
Other questions:
  • The owner of Fido's Pet Supplies wants to know how much dry dog food to stock in her new location. On her customer questionnaire
    6·1 answer
  • For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a
    8·2 answers
  • It is estimated that between 1899 and 1924, about 2.1 million italians left the u.s. while almost ____ million arrived.
    6·1 answer
  • DWK Foods has developed a line of cookies and candies sweetened exclusively with organic honey. Although DWK is selling some of
    12·1 answer
  • Middleton Company uses the perpetual inventory method. The company purchased an item of inventory for $130 and sold the item to
    10·1 answer
  • What is management report<br><br>​
    9·1 answer
  • A master production schedule quantity of 300 units will arrive in week 6. Weekly demand over weeks 3 through 10 is forecasted at
    12·1 answer
  • Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint pr
    15·1 answer
  • Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 a
    12·1 answer
  • An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical an
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!