A _____ maintains limited liability but offers more flexibility in terms of tax treatment than other forms of business ownership.

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Answer 1

Answer: It seems that you missed the given choices for this question. But the answer that would complete the given statement above is LIMITED LIABILITY COMPANY. A limited liability company maintains limited liability, but offers more flexibility in terms of tax treatment than other forms of business ownership. Here are the other options: Sole Proprietorship, corporation and limited liability partnership.

Related Questions

Fred Company paid $48,000 for a two-year insurance policy, ($2,000 per month), on October 1 and recorded the $48,000 as a debit to Prepaid Insurance and a credit to Cash. What adjusting entry should Fred make on December 31, the end of the accounting period (no previous adjustment has been made)? Select one: a. Debit: Prepaid Insurance 6,000 Credit: Insurance Expense 6,000 b. Debit : Insurance Expense 6,000 Credit: Prepaid Insurance 6,000 c. Debit: Insurance Expense 24,000 Credit: Prepaid Insurance 24,000 d. Debit: Prepaid Insurance 42,000 Credit: Insurance Expense 42,000
El Tapatio purchased restaurant furniture on September 1, 2018, for $31,000. Residual value at the end of an estimated 10-year service life is expected to be $4,600. Calculate depreciation expense for 2018 and 2019, using the straight-line method, and assuming a December 31 year-end.
When a famous painting becomes available for sale, it is often known which museum or collector will be the likely winner. Yet, the auctioneer actively woos representatives of other museums that have no chance of winning to attend anyway. Suppose a piece of art has recently become available for sale and will be auctioned off to the highest bidder, with the winner paying an amount equal to the second highest bid. Assume that most collectors know that Janet places a value of $125,000 on the art piece and that she values this art piece more than any other collector. Suppose that if no one else shows up, Janet simply bids $125,000/2 = $5,000 and wins the piece of art.The expected price paid by Kenji, with no other bidders present, is $:_________ Suppose the owner Of the artwork manages to recruit another bidder, Manuel, to the auction. Manuel is known to value the art piece at $8,000. The expected price paid by Kenji, given the presence of the second bidder Manuel, is $:_________
True or False: Increasing the number of stocks in a portfolio reduces market risk.Consider two stock portfolios. Portfolio B consists of 20 different stocks from firms in different industries. Portfolio A consists of 10 different stocks, also from firms in different industries. The return on Portfolio B is likely to be volatile than that of Portfolio A.
Suppose Compco Systems pays no dividends but spent $ 5.18 billion on share repurchases last year. If Compco's equity cost of capital is 11.5 %, and if the amount spent on repurchases is expected to grow by 7.9 % per year, estimate Compco's market capitalization. If Compco has 5.8 billion shares outstanding, to what stock price does this correspond? Compco's market capitalization will be $ nothing billion. (Round to two decimal places.) Compco's stock price will be $ nothing. (Round to the nearest cent.)

Why is barter inefficient?

Answers

Answer:

People didn't want to trade their goods for other goods anymore.

Explanation:

People wanted to have both their item and another item (which they wanted to buy). Then currency was invented.

Assume that, on January 1, 2018, Matsui Co. paid $809,600 for its investment in 35,200 shares of Yankee Inc. Further, assume that Yankee has 160,000 total shares of stock issued. The book value and fair value of Yankee's identifiable net assets were both $320,000 at January 1, 2018. The following information pertains to Yankee during 2018: Net Income $ 160,000 Dividends declared and paid $ 48,000 Market price of common stock on 12/31/2018 $ 25 /share 1. What amount would Matsui report in its year-end 2018 balance sheet for its investment in Yankee?

Answers

Answer:

The amount that Matsui would report in its year-end 2018 balance sheet for its investment in Yankee is $804992.

Explanation:

Year end balance = Beginning balance + Net income - Dividend

= $809,600 + (35,200*36%) - ($ 48,000*36%)

= $809,600 + $12672 - $17280

= $804992

Therefore, The amount that Matsui would report in its year-end 2018 balance sheet for its investment in Yankee is $804992.

Each of the following factors affects the weighted average cost of capital (WACC) equation. Which are factors that a firm can control? Check all that apply. The firm’s capital budgeting decision rules
The firm’s capital structure Tax rates
The general level of stock prices

Answers

Answer:

The firm’s capital budgeting decision rules

The firm’s capital structure.

Explanation:

Capital budgeting is a term used to describe the proposed amount which a company has decided to set aside in the fort coming year to be spent on infrastructures or capital projects.

An organisation has the power to control its Capital budget, it also has the power to control its decision rules and it Capital structures (the contents of a company's capital spending).

A FIRM CAN NOT CONTROL THE TAX RATES AND THE GENERAL LEVEL OF STOCK PRICE WHICH ARE CONTROLLED BY GOVERNMENT AND EXTERNAL FORCES.

Identify and explain about any 3 title of business objectives

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Answer:

1. Getting and Staying Profitable

Maintaining profitability means making sure that revenue stays ahead of the costs of doing business. Focus on controlling costs in both production and operations while maintaining the profit margin on products sold.

2. Productivity of People and Resources

Employee training, equipment maintenance and new equipment purchases all go into company productivity. Your objective should be to provide all of the resources your employees need to remain as productive as possible.

3. Excellent Customer Service

Good customer service helps you retain clients and generate repeat revenue. Keeping your customers happy should be a primary objective of your organization.

4. Employee Attraction and Retention

Employee turnover costs you money in lost productivity and the costs associated with recruiting, which include employment advertising and paying placement agencies. Maintaining a productive and positive employee environment improves retention.

Astro Mile & Co. owns vast amounts of corporate bonds. Suppose Astro Mile buys $ 1,400,000 of BitterCo bonds at face value on January 2, 2018. The BitterCo bonds pay interest at the annual rate of 8% on June 30 and December 31 and mature on December 1. Astro Mile intends to hold the investment until maturity. Required:
a. Journalize any required 2016 entries for the bond investment.
b. How much cash interest will Astro Mile receive each year from CoteCorp?
c. How much interest revenue will Astro Mile report during 2016 on this bond investment?

Answers

Answer:

Dr bond investment $1,400,000

Cr cash $1,400,000

Cash interest is $112,000.00

Interest revenue for the year is also $ 112,000.00

Explanation:

The cash paid for the investment is $1,400,000, this would be debited to bond investment and credited to cash since it is an outflow of cash from the business.

At six-month interval, coupon receivable=$1,400,000*8%*1/2=$ 56,000.00

annual coupon receivable=$ 56,000.00 *2=$ 112,000.00

A company wishes to raise $27 million by issuing 15-year semi-annual coupon bonds with face value of $1,000 and coupon rate of 6.60 percent. The bonds will have a yield to maturity of 7.70 percent. Determine the minimum number of these bonds the company needs to issue to raise the desired amount of money.

Answers

Answer:

We first need to find out the present value of each $1,000 bond and then we can figure out how many of these bonds we require to raise $27 million

The n of payments is 15*2 because semi annual payments for 15 years so our N will be 30

The YTM is 7.70/2 because of semi annual payments = 3.85

The Face value is of 1,000 so FV= 1,000

The payments our 1000*0.066=66 divided by 2 because semi annual payments so PMT= 33

We will put these values in a financial calculator to compute the PV of a $1000 bond.

PV= 903

So now we know that the company can get $903 for each $1,000 bond as the bonds present value is 903.

Now in order to find out how many bonds need to be issued to raise 27 million we will divide 27 million by 903, as 903 is the amount we can raise by issuing a single bond.

27,000,000/903=29,900.3 so 29,901

The company will have to issue 29,901 bonds of face value $1,000 to raise $27 million

Explanation:

Other Questions

CoolBreeze Manufacturing produces a single product, a tabletop fan. They reported the following information from their operations last period:___________. Cost of Direct Materials used in production: $50,000 Cost of Direct Labor wages: $37,500 Variable Manufacturing Overhead: $25,000 Fixed Manufacturing Overhead: $125,000 Total units produced: 10,000Under absorption costing what was the per-unit cost of the units produced? a. None of the above b. $23.75 c. $12.50 d. $11.25 e. $8.75

Wade Corp. has 150,000 shares of common stock outstanding. In 2020, the company reports income from continuing operations before income tax of $1,210,000. Additional transactions not considered in the $1,210,000 are as follows.1. In 2020, Wade Corp. sold equipment for $40,000. The machine had originally cost $80,000 and had accumulated depreciation of $30,000. The gain or loss is considered non-recurring.2. The company discontinued operations of one of its subsidiaries during the current year at a loss of $190,000 before taxes. Assume that this transaction meets the criteria for discontinued operations. The loss from operations of the discontinued subsidiary was $90,000 before taxes; the loss from disposal of the subsidiary was $100,000 before taxes.3. An internal audit discovered that amortization of intangible assets was understated by $35,000 (net of tax) in a prior period. The amount was charged against retained earnings.4. The company recorded a non-recurring gain of $125,000 on the condemnation of some of its property (included in the $1,210,000).Instructions Analyze the above information and prepare an income statement for the year 2020, starting with income from continuing operations before income tax. Compute earnings per share as it should be shown on the face of the income statement. (Assume a total effective tax rate of 19% on all items, unless otherwise indicated.)

Investors expect the market rate of return this year to be 14.50%. The expected rate of return on a stock with a beta of 1.2 is currently 17.40%. If the market return this year turns out to be 12.10%, how would you revise your expectation of the rate of return on the stock?

Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows: Product 1 Product 2 Product 3 Cost $ 40 $ 110 $ 70 Selling price 100 180 130 Costs to sell 6 80 30