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Karolina [17]
3 years ago
6

3. State the difference between limited liability and unlimited liability?​

Business
1 answer:
Crank3 years ago
3 0

Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

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Dual enrollment courses may be taught:
photoshop1234 [79]

Answer:

B

Explanation:

By high school teachers, professors from 2 year colleges, and professors from 4 year colleges

6 0
3 years ago
Conversion costs do not include which of the following costs?
fomenos

Answer:

I am pretty sure the answer is A) direct materials

Explanation:

Conversion cost equals direct labour plus manufacturing overhead

6 0
3 years ago
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An open-end mutual fund has the following stocks:
Romashka-Z-Leto [24]

Answer:

Net asset value is $4,104,500 in total and $63.15 per share

Explanation:

Stock    Shares    Price    Total value (Share x Price)

  A       13,500      $83            $1,120,500

  B       33,000     $16             $528,000

  C       20,000     $59            $1,180,000

  D       71,000      $21            <u> $1,491,000</u>

Total                                       <u>$4,319,500</u>

Net Asset = $4,319,500 - $215,000 = $4,104,500

NAV  = $4,104,500 / 65,000 = $63.15 / share

4 0
4 years ago
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3 years ago
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William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involve
likoan [24]

Answer:

Corporation

Explanation:

The reason is that the company provides laibility shield and also a great opportunity to raise finance through listing in the stock exchange. Furthermore the tax rates in the limited partnerships is higher than the companies required that the profits are not distributed to its shareholders. However in the corporation legal form can be used to defer the income tax by not issuing dividends and reinvesting that money in the business (Tax benefits).

So the best legal form of business is corporation.

4 0
3 years ago
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