1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nezavi [6.7K]
2 years ago
15

Which of the following are hybrid organizations that offer the same liability protection as a corporation but may be taxed as ei

ther a partnership or corporation? (Check all that apply) Please help asap
⬜️ CPA

⬜️ LLC

⬜️ LLP

⬜️ DDA

⬜️ EPA
Business
1 answer:
gogolik [260]2 years ago
5 0

Answer:

CPA, DDA, AND EPA

Explanation:

You might be interested in
An engineer invests $5,000 at the end of every year for a 40-year career. If the engineer wants $1 million in savings at retirem
Feliz [49]

Answer: 7%

Explanation:

Given data:

P = $5,000

r = ?

t = 40years

i = $1,000,000

Solution:

NFW = 0 = -$5000 ( F/A , i , 40 ) + $1,000,000

( F/A , i , 40 ) = $1,000,000 / $5,000

= 200

From compound interest table

( F/A , 7% , 40 ) = 199.636

Therefore the return for the investment would be 7%

5 0
3 years ago
A credit sale is made on July 10 for $900, terms 1/15, n/30. On July 12, the purchaser returns $100 of goods for credit. Give th
balu736 [363]

Answer:

                                      Dr.      Cr.

July 19

Cash                            $792

Discount expense      $8

Account Receivable              $800

Explanation:

The term 1/15, n/30 mean there is a discount of 1% is available on the sales value, if payment is made within 15 days of sale with credit term of 30 days.

The sale of $900 was made on July 10 and discount period is until July 25.

On July 12 goods amounting $100 was returned and now the amount due from the customer is $800 ( $900 - $100 ).

The payment made on July 19 is actually in the discount period and it is eligible for the discount as it is made before July 25.

Discount = Amount due x Discount rate

Discount = $800 x 1% = $8

$792 Cash received against the sale made on July 10 and discount $8 is expensed. Total of $800 is credited from the account receivable account to eliminate it.

5 0
3 years ago
Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales.
Debora [2.8K]
I am pretty sure it’s D.
7 0
4 years ago
Exercise 183 Wayne Company reported net income of $265,000 for 2020. Wayne also reported depreciation expense of $45,000 and a l
Cerrena [4.2K]

Answer:

Net cash flow of the operating activities is $356,000

Explanation:

                               Wayne Company

                   Partial statement of Cash flow

          For the year Ended December 31, 2021

Cash flow from operating activities:

Net Income                                                         $265,000

<em />

<em>Adjustment to reconcile net income to net  </em>

<em>cash provided by operating activities</em>

Depreciation expenses                    $45,000

Loss on sale of equipment               $8,000

Decrease in accounts receivable     $15,000

Decrease in prepaid expenses         $6,000

Increase in accounts payable            <u>$17,000</u>    <u>$91,000</u>

Net cash provided by operating activities       <u>$356,000</u>

7 0
3 years ago
An Uber driver faces costs for driving that include sunk costs like insurance that contribute to the average cost per mile of $.
crimeas [40]

Answer: sunk costs don't increase as driving increases.

Explanation: sunk costs are irrelevant costs because they have already occured in the past and cannot be avoided. Sunk costs thus do not differ between alternatives, and are unavoidable. The calculation for insurance and other sunk costs are likely not based on the amount of rides the Uber picks up, but rather calculated at a constant rate. So regardless of whether or not the rider pays more or less than the $.50 on the insurance, this will not have any effect on the insurance that is constant and has likely already been paid out.

4 0
3 years ago
Other questions:
  • Upon seeing the fraser's spiral, most people must carefully trace one of the circles to confirm what is "real" in the design. th
    11·1 answer
  • country cupboard purchased inventory for 5500 and also paid a 360 freight bill. Country cupboard returned 45% of the goods to th
    5·1 answer
  • The Ashwood Company has a long-term debt ratio of 0.50 and a current ratio of 1.60. Current liabilities are $970, sales are $5,1
    9·1 answer
  • Marsha Bogswell is the sole stockholder of Bogswell Legal Services.
    6·1 answer
  • As you get up to snag more cheese puffs and soda, a commercial comes on that is substantially louder than the volume of the TV s
    5·1 answer
  • When purchasing a new computer, first determine the brand you want. True or False
    11·2 answers
  • The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a
    8·1 answer
  • Pauley Company provides home health care. Pauley charges $35/hour for professional care. Variable costs are $21/hour and fixed c
    10·1 answer
  • Condor Airplane Company has built a new model jet aircraft which it intends to sell to high net worth clients. This aircraft req
    14·1 answer
  • Question 1 of 15.<br> #1. Objective A: Left Turn<br> True False<br> Mark for follow up
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!