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3 years ago

Chip and Charlie own a local pizza shop. The pizza was the talk of the neighborhood. When

Business

1 answer:

Sliva [168]3 years ago

8 0

The form of private corporation that Chips and Charlie chose is the S corporation.

An s corporation is a type of privately held corporation that elects to pass its corporate earnings through its shareholders for the purposes of federal tax. This allows a s-corporation to be taxed only once. The company does not pay federal income tax.

In order for a corporation to be classified as a s corporation, it must meet several requirements set forth by the Internal Revenue Service. Some of these requirements include:

Shareholders must not exceed 100.
The corporation should be incorporated in the United States.
The corporation must have only one type of shares.

To learn more about s corporation, please check: brainly.com/question/16128695?referrer=searchResults

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A country has a noninstitutionalized population of 243 million people. out of that number, 38 million are under the age of 16 70

rosijanka [135]

Answer:

The answer is 60%

Explanation:

Labor force is the total number of people that have job(employed) and the number of people who are willing, able and actively searching for job(unemployed) in a population.

Labor force participation rate is calculated by dividing the labor force by the noninstitutionalized population.

Labor force = employed + underemployed + unemployed

= 96 + 31 + 8

=135 million

So we have:

(135 ÷ 243) x 100 percent.

60% (the nearest whole percentage)

3 0

3 years ago

Define nongovernment organizations

arlik [135]

Answer:

-UNICEF Việt Nam – Quỹ Nhi đồng Liên Hiệp Quốc

– UNFPA – Quỹ Dân số Liên Hợp Quốc

– UNIDO – Tổ chức Phát triển Công nghiệp Liên Hiệp Quốc

– Aide et Action International

– IntraHealth International

– The Asia Foundation

Explanation:

Tổ chức phi chính phủ phủ là tổ chức quốc tế trong đó các thành viên tham gia không phải là chính phủ, tổ chức phi chính phủ được thành lập một cách tự nguyện, hợp pháp không vì lợi nhuận, thúc đẩy sự phát triển trong công nghệ, khoa học kỹ thuật…

7 0

3 years ago

Bramble, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot i

svet-max [94.6K]

Answer:

determine the cost per CD for each group using tsv method

4 0

3 years ago

Lapping is best described as the process of Group of answer choices inflating bank balances by transferring money among differen

Artemon [7]

Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.

<h3>What is Lapping?</h3>

Lapping is an employee stealing scheme revolving around the application of cash receipts.

Lapping can be traced by tracing the application of cash receipts to customers' accounts.

Routine application of cash receipts to wrong customer accounts proves evidence of a lapping scheme.

Thus, Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.

Learn more about lapping schemes at brainly.com/question/14846195

#SPJ12

3 0

2 years ago

he company rented an office for $ 3600 per month starting from January 1, 2018. On that day, ABC prepaid the rent through June

pickupchik [31]

Answer:

The balance in the Prepaid Rent account as of April 30, 2018 = $7,200

Explanation:

Monthly rent = $3,600

Rent paid on 1 January = $3,600 $\times$ 6 = $21,600

Out of which Prepaid Rent = $3,600 $\times$ 5 = $18,000

for 5 months

Prepaid rent account as on April 30 balance will be of rent for May and June,

That is $3,600 $\times$ 2 = $7,200

Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.

Final Answer

The balance in the Prepaid Rent account as of April 30, 2018 = $7,200

8 0

3 years ago