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Mademuasel [1]
2 years ago
11

A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .

Business
1 answer:
n200080 [17]2 years ago
3 0

A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a Limited Liability Company (LLC).

Limited Liability Company (LLC) is a form of business structure that gives protection to its owners against any debts or liabilities owned by the company. This means that the liability of the owners is limited to the amount of investment they have in the company.

This type of business is growing primarily in the United States. They do not pay taxes on their profits directly. Their profits and losses are passed through to members, who report them on their individual tax returns.

Therefore, Liability Company (LLC) is a form of business ownership that provides limited liability to its owners, but is taxed as a partnership.

Learn more about Limited Liability Company (LLC) in this link : brainly.com/question/13888388

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1.All of the following are likely to be the benefits of a college graduate except:a.Earn less money overtimeb.Better job stabili
Hoochie [10]

The following are almost certainly the advantages of being a college graduate: enhanced wellbeing and health. Ans. D

<h3>What are the advantages of graduating from college?</h3>

According to the Bureau of Labor Statistics, individuals with higher levels of education "often earn more and have fewer opportunities than individuals with lower levels of education."According to statistics, people with a college degree will earn 84 percent more money overall than those with only a high school education.

<h3>What advantage of a higher education is most significant?</h3>

The chance to impact your community and boost professional stability and satisfaction are just two of the many benefits of attending college. Having a college education can indeed be essential to your future success as more and more professions call for additional education.

To know more about benefits of a college visit:

brainly.com/question/13575975

#SPJ4

5 0
1 year ago
Which of the following scenarios describes an offer?a.Raoul asks Wendy if she would be willing to sell her first-edition copy of
storchak [24]

Answer: A -Raoul asks Wendy if she would be willing to sell her first-edition copy of War and Peace.

Explanation: An offer is a legal term used in a contract. An offer is made by an intending buyer to an intending seller regarding a product or service.

The offer is a legal question that is asked by a willing buyer if the seller of the product would consider selling it or not.

An offer can be accepted or declined by the person being made the offer.

6 0
3 years ago
I own this company and I have been running this for the last 10 years. Mia, contact the suppliers at once! Dan, this is not imme
maksim [4K]

Answer:

Authoritarian leadership style

Explanation:

In Authoritarian leadership style, the leader or the head of the team imposes expectations and expects definite results from the team members. An advantage of this form of leadership is that the team can excel with good guidance. At the same time, the disadvantage of Authoritarian leadership style is the forceful impositions of assigned work. Constrained periods provided in the completion of the work reduces the employees interest in the work.  

In the given situation, the Authoritarian leadership style has been used. The person delegates the work to the employees and wants an immediate response towards it.

3 0
3 years ago
the fair value of Carley is estimated to be $720,000. The carrying value of Carley’s net identifiable assets, including the good
zhannawk [14.2K]

Answer:

A.$200,000

B.Dr Loss on impairment $30,000

Cr Goodwill $30,000

Explanation:

(a) Computation of the amount of goodwill acquired by Vinson

Purchase price$900,000

Fair value of net assets $700,000

(Fair value of assets $950,000-

Fair value of liabilities $250,000)

Value assigned to goodwill $200,000

($900,000-$700,000)

(b) Preparation of Vinson’s journal entry to record impairment of goodwill.

Based on the information given we were told

the fair value of Carley is the amount of $720,000 while the implied fair value of goodwill is the amount of $170,000 and we were also told that carrying value of Carley’s net assets as well include the goodwill which is the amount of $750,000 which means that their is loss on impairment because the fair value amount is lower than carrying value which means that the journal entry to record impairment of goodwil will be ;

Dr Loss on impairment $30,000

($200,000 − $170,000)

Cr Goodwill $30,000

7 0
3 years ago
After major hurricanes like Katrina, many ethical home repair and building supply businesses continue to charge pre-hurricane pr
evablogger [386]

Answer:

The home repair companies and building supplies companies wanted to maintain their long term relationship.

Explanation:

Because the companies were considerate on their pricing after the clients lost their homes, a bond will be formed that has long term value and loyalty to the company.

This is a great strategy to get clients that will stick with the companies for a long time to come.

7 0
4 years ago
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