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WITCHER [35]
3 years ago
15

Kelly, Felix, and Kishan decide to start a web development business together. They have been working separately as independent c

onsultants for several years, but they decide they would benefit greatly from joining forces and starting an S corporation. What must they be aware of before starting this type of business
Business
1 answer:
Phoenix [80]3 years ago
3 0

What they be aware of before starting this type of business is: they will not incur double taxation.

<h3>What is double taxation?</h3>

Double taxation can be defined as the way in which tax is imposed on a person or a company income twice.

Based on the given scenario they will not incur double taxation for starting an S corporation reason being that S corporations  tend to have the same liability and the revenue or gain generated by them  is move directly to shareholders.

Inconclusion  what they be aware of before starting this type of business is: they will not incur double taxation.

Learn more about double taxation here: https://brainly.in/question/1649314

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Mary’s Flower Boutique needs to ship finished goods from its manufacturing facility to its distribution warehouse. Annual demand
docker41 [41]

Answer: The calculation is as follows:

Explanation:

Given that,

Annual demand = 2000 flowers

Regular parcel service = 3 days transit time

Premium parcel service = 1 day transit time

Public carrier = 5 days transit time

(1) Average annual transportation inventory for Regular parcel service:

⇒ \frac{Annual\ demand\ \times\ Regular\ Service}{365}

= \frac{2000 \times\ 3}{365}

= 16.43

(2) Average annual transportation inventory for Premium parcel service:

⇒ \frac{Annual\ demand\ \times\ Premium\ Service}{365}

= \frac{2000 \times\ 1}{365}

= 5.47

(3) Average annual transportation inventory for Public carrier:

⇒ \frac{Annual\ demand\ \times\ Public\ carrier}{365}

= \frac{2000 \times\ 5}{365}

= 27.39

5 0
4 years ago
A company producing cosmetics may have hundreds of suppliers, some of which may be selling the same or similar raw and packaging
Ber [7]

The cosmetics industry is the field of commerce that produces and distributes cosmetics. These consist of items for the skin and hair, such as moisturizers and cleansers, as well as amenities like bubble bath and soap, as well as color cosmetics like foundation and mascara.

How to manufacture cosmetics:

The creation of cosmetics is dominated by a small number of early 20th-century multinational corporations, but the distribution and sale of cosmetics is dominated by a wide range of businesses.

A business that makes cosmetics is referred to as a cosmetic maker. For instance, a cosmetics company might create things for daily grooming like soap, shampoo, and toothpaste as well as ones that make one smell good like deodorant and perfume.

A person that manufactures and sells makeup, hair care products, or cosmetics is known as a cosmetic manufacturer. Some companies produce and market all three types of cosmetics. Some concentrate on the creation and marketing of trendy makeup. Some people create products using natural ingredients.

Process manufacturing is a type of production that involves integrating supplies, components, or raw materials according to a formula or recipe to produce items. It is widely employed in sectors that manufacture things in large quantities, including those that generate food, drinks, refined oil, gasoline, pharmaceuticals, chemicals, and plastics.

A manufacturer is a person or business that transforms raw materials into finished goods that are then distributed to consumers, wholesalers, distributors, retailers, or other producers who can employ them to make more complex products. Manufacturers use a variety of tools, machinery, and processes to do this.

Learn more about Cosmetic manufacturing:

brainly.com/question/15864976

#SPJ4

7 0
1 year ago
What must the broker do after the termination of an agency relationship?
galina1969 [7]
? I don’t understand your question
5 0
3 years ago
SweetTooth Candies is a U.S.-based company that manufactures and distributes candy bars and snack foods globally. The company so
navik [9.2K]

Answer:

E) Suppliers

Explanation:

Suppliers or vendors are the companies that provide the materials, components, services and intermediate goods that our company requires for its production or manufacturing processes.

The task environment that surrounds our company is made up of our suppliers, customers, strategic partners, regulators and competitors. They all define the market in which our company participates in.

5 0
4 years ago
Florida citrus growers say that the recent crackdown on illegal immigration is increasing the market wage rates necessary to get
denis-greek [22]

Answer:

Florida citrus growers say that the recent crackdown on illegal immigration is increasing the market wage rates necessary to get their oranges picked. Some are turning to $100,000 to $300,000 mechanical harvesting machines known as “trunk, shake, and catch” pickers, which vigorously shake oranges from the trees. If widely adopted, how will this substitution affect the demand for human orange pickers? What does that imply about the relative strengths of the substitution and output effects? LO2

The effect of the adoption of the mechanical pickers will be to decrease the demand for human pickers. If this occurs, the substitution effect will have been greater than the output effect.

Explanation:

5 0
4 years ago
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