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schepotkina [342]

3 years ago

7

Doing something without being told; willingness to get things done and taking responsibility; taking action when necessary is ca

lled initiative
True
False

2 answers:

Vinvika [58]3 years ago

8 0

Answer:

dhhdhshsjshshsjjjjjj

Explanation:

hdhsbsbsbhshshs

Furkat [3]3 years ago

4 0

Answer:

True because Someone who takes charge and solves problems without being asked to is demonstrating initiative.

Explanation:

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An increasingly important advantage of the limited liability company is that its members?

victus00 [196]

An increasingly important advantage of the limited liability company is that its members are "able to deduct its operating losses against the member's regular revenue to the extent permitted by law".

<h3>What do you mean by limited liability company?</h3>

A Limited Liability Company (LLC) is refers to as a type of organization in which the members of that company is not liable for the losses occur in the business. The duties and responsibilities regarding losses are restricted here.

Adding to it, that means if the company fails to pay off its losses or debts to creditors, the personal assets of the members will not be added while paying the debt.

It is an enterprise structure that is the combination of the pass-thru taxation that is related to a partnership or sole proprietorship along with the rules of the company.

The main advantage of this type of company is that the members of that LLC can reduce their all operating losses like travelling, insurance, office supplies, payroll etc.

Moreover, the other benefits of Limited liability company include that this is more flexible than the other corporations and it provides different rights, classes and preferences to their members or managers.

Learn more about limited liability company, refer to the link:

brainly.com/question/3521418

#SPJ4

8 0

1 year ago

Kristoff Walker operates his own catering service. Summary financial data for February are presented in equation form as follows

wariber [46]

Answer:

- $17,600

Explanation:

The computation of the net decrease in cash during the month is shown below:

= $40,600 - $17,400 - $30,200 - $2,300 - $8,300

= - $17,600

After calculating the items which are presented in the column 1 represent the net decrease in cash for $17,600 amount.

The net decrease in cash represents an outflow of cash. In this, the chances of loss may be higher than the loss.

8 0

3 years ago

Read 2 more answers

Pharoah Company has accumulated the following budget data for the year 2020. 1. Sales: 31,410 units, unit selling price $89. 2.

Rama09 [41]

Answer:

<u>Computation of cost of goods sold for 2020</u>

Direct materials(1 pound× $5 ) $5

Direct labor(3 hours × $12) $36

manufacturing overhead ($8 × 3 hours) $24

Total unit cost $65

<u>Budgeted multiple-step income statement for 2020</u>

Sales ( 31,410 units × $89) 2,795,490

Less Cost of Sales (31,410 units × $65) (2,041,650)

Gross Profit 753,840

Less Operating Expenses :

Selling and administrative expenses: (170,000)

Operating Income 583,840

Less Non - Operating Expenses

Interest expense (30,000)

Income before income taxes 553,840

Income tax (553,840×30%) (166,152)

Income After income taxes 387,688

Explanation:

Cost of Sales = all manufacturing costs

Multi step - Income Statement separates income generated from Primary Activities of the Company (Operating Income) with Income generated from Secondary Activities of the Company (Non-Operating Income)

6 0

2 years ago

Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $

Vlad1618 [11]

Answer:

c. 10.38%

Explanation:

Loan Amount = $10,000

Quarterly Interest payment = $250

Interest Payment for the year = $250 x 4

Interest Payment for the year = $1,000

Nominal interest rate = ($1,000 / $10,000) x 100 = 10%

Nominal interest rate = r = 10%

Number of periods = m = 4

Effective Interest rate = [ ( 1 + r/m )^m]-1

Effective Interest rate = [ ( 1 + 0.1/4 )^4] -

Effective Interest rate = [ ( 1 + 0.025 )^4] -1

Effective Interest rate = 10.38%

6 0

3 years ago

Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r

LekaFEV [45]

Expected rate of return Probabilities
Booming 22% 5%
Normal 15% 92%
Recession 2% 3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 = 0.011
Normal: 0.15 x 0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
Sum total 0.1496 or 14.96% is the expected rate of return on this stock

3 0

3 years ago