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JulijaS [17]
3 years ago
9

Robert and Charles are trying to decide what form of business to form for their new company. They ask you the following question

: Which of the following transactions would be considered by the IRS to be a taxable sale of assets? Changing the form of business from:
a. a partnership to an LLC.
b. All of the above.
c. a corporation to an LLC.
d. an LLC to a corporation.
Business
1 answer:
nikdorinn [45]3 years ago
7 0
B. Hope this helped and sorry if it’s wrong I tried my best
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Why is it necessary for us to have knowledge and professional education? show the relationship between education and professiona
Dominik [7]

Answer:

In terms of knowledge, it is more important because you have to be knowledgeable to handle situation. Whereas, professional education help you in think big and broad not shallow, in order to be an hero to over situations in life. THE relationship between them is to be professional and your have to be knowledgeable.

5 0
3 years ago
Choose the correct definition for interest
kaheart [24]

Answer:

a

Explanation:

8 0
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Trevor has bought his first home in Fort Wayne (tax rate 3.57%) that has an assessed value of $190,000. What is his tax bill amo
Olenka [21]

The tax bill amount after deductions is $3,364.73

<h3>What is the tax bill?</h3>

how much tax a person or business is required to pay within a specific time frame: Couples making over $234,000 and individuals making over $159,000 will pay up to an additional $110 for each person included on their state tax return.

<h3>What does "bill amount" mean?</h3>

The term "Bill Amount" refers to the total amount owed, including any current fees and any past-due amounts, plus or minus any changes.

<h3>To what extent do deductions lower taxes?</h3>

Your taxable income is decreased by deductions by the percentage of your highest tax rate. If your tax rate is 24 percent, for instance, a $1,000 deduction will result in a $240 tax bill savings (1,000 multiplied by 0.24 equals 240). When it comes to deductions, you can only choose between the standard deduction and itemizing.

learn more about tax bill amount here <u>brainly.com/question/1775528</u>

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4 0
2 years ago
A company can be socially responsible by having employees volunteer their time. True or False?
NikAS [45]

Answer:

true

Explanatio

6 0
3 years ago
Assume the economy has a 12 percent chance of booming, a 4 percent chance of being recessionary, and being normal the remainder
elena-s [515]

Answer :

13.86%

Explanation:

Calculation of the Expected rate of return

First step

Expected return = (.12 x.187) + (.84 x.144) + [.04 x(-.12)]

Second step

Expected return =(0.02244)+(0.12096)+ (-0.0048)

Expected return=0.1386 ×100

Expected return=13.86%

Therefore the Expected return would be 13.86%

6 0
4 years ago
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