<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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That would be the gross income. This is the opposite to the net income, the money which is not on paper, but the money you take at home after the company/you pays first for the taxes.
Answer: $19037
Explanation:
The following can be deduced from the question:
Balance per Bank statement = $18361
Add: Deposits in Transit = $1450
Add: Bank error = $63
Less: Outstanding check = $837
Adjusted cash Balance per Bank:
= ($18361 + $1450 + $63) - $837
= $19874 - $837
= $19037
The adjusted cash balance per the bank records should be $19037.
N.B: The bank error was gotten as the difference between $92 and $29. $92 - $29 = $63
Answer:
to assist the low income at a cost to society, in convenient, affordable housing.
Explanation:
Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Basically, rent control is considered to be a price ceiling.
Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.
Answer:
Option (D) is correct.
Explanation:
Given that,
Beginning work in process = $4,000
Ending work in process in finishing department = $6,000
Cost transferred = $47,000
Direct material = $15,000
Direct labor = $46,000
Overhead = $22,000
Cost incurred in finishing department:
= Beginning work in process + Cost transferred + Direct material + Direct labor + Overhead
= $4,000 + $47,000 + $15,000 + $46,000 + $22,000
= $134,000
Cost of goods transferred to the Finished Goods Inventory account:
= Cost incurred in finishing - Ending work in process
= $134,000 - $6,000
= $128,000
