(d) Limited taxation is not an advantage of incorporating your business.
Incorporating a business offers several advantages, but limited taxation is not one of them. In fact, corporations are subject to double taxation, where both the corporation's profits and the dividends distributed to stockholders are taxed. This means that the income earned by the corporation is taxed at the corporate level, and then when the profits are distributed to the shareholders as dividends, those dividends are taxed again at the individual level.
The other options listed are advantages of incorporating:
a. A corporation is a separate legal entity distinct from its owners: This means that the corporation has its own legal rights and obligations, separate from the individuals who own it. This separation provides protection to the owners from personal liability for the corporation's debts and obligations.
b. Ease of transferring ownership: Corporations offer greater flexibility in transferring ownership interests through the buying and selling of stock. This makes it easier for shareholders to sell or transfer their ownership without disrupting the operations of the corporation.
c. Limited liability of stockholders: One of the main advantages of incorporating is the limited liability protection it offers to stockholders. This means that the personal assets of stockholders are generally protected from the debts and liabilities of the corporation.
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The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
the vast majority of corporate bond business takes place over the counter.
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The vast majority of corporate bond business takes place over the counter is a true statement.
The great majority of transactions involving bonds for companies are over the phone. Financial markets exist to distribute financial assets to those who are in need of them. The sale of more shares via a business whose stakes are currently quoted publicly is known as a seasoned capital offering.
Each debt issuer will have many bonds available, all of which have a distinct completion, coupon rate, nominal amount, and creditworthiness rating. bonds are issued by a variety of different parties in a buisness.
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misu sheet, owner of the bedspread shop, knows his customers will pay no more than $145 for a comforter. misu wants a 20% markup on selling price. what is the most that misu can pay for a comforter?
The most Misu can pay for a comforter is $120.83 to achieve his desired 20% markup while not exceeding the $145 price limit for his customers.
So if Misu wants a 20% markup on the selling price, that means the selling price will be 120% of the cost price (100% cost price + 20% markup). We can set up an equation to solve for the most that Misu can pay for a comforter:
Selling price = Cost price + Markup
1.2x = x + Markup
We know that the customers will pay no more than $145 for a comforter, so we can set that as the selling price:
1.2x = 145
Solving for x (the cost price):
x = 145 / 1.2
x = 120.83
So the most that Misu can pay for a comforter is $120.83 in order to have a 20% markup and sell it for no more than $145 to customers.
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Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
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how do imagination and creativity helps in innovating product?
what is Paperwork filed with an insurance company in order to get them to cover a loss for someone they insure
Answer:
Claim
Explanation:
As long as you have great service, it doesn’t really matter what the exterior of the building looks like.
true or false
Answer:
false
Explanation:
The look of the exterior of a house does matter because it is what someone first sees when looking at the building so it does matter a lot actually.
Good day to you!
a service provided by -e-government that requires access to the Internet is _____.
A. RFID tags
B. E-tax returns
C. Radio programming
D. CCTV (Closed circuit TV)
Answer:
B. E-tax returns
Explanation:
E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.
In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.
what is defined as the analysis of potential tax liability and formulation of a plan to reduce the amount of taxes paid?
Tax planning is the analysis and formulation of a plan to minimize tax liability by utilizing legal deductions, credits, timing strategies, and optimizing business structures.
Tax planning refers to the process of analyzing an individual or entity's financial situation to develop strategies that minimize the amount of taxes owed. It involves evaluating various factors such as income, expenses, deductions, and credits to identify opportunities for reducing tax liability within the boundaries of the law. Effective tax planning may involve utilizing deductions and credits, optimizing the timing of income and expenses, making strategic investments, and choosing the most favorable business structures. The goal is to legally maximize tax savings and optimize overall financial outcomes. By proactively managing tax obligations, individuals and businesses can enhance their financial position and allocate resources more efficiently.
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Customers should be billed for back-orders when a. The back-ordered goods are shipped b. The original goods are shipped c. Customers are not billed for back-orders because a back-order is a lost sale
When the items on backorder are dispatched, customers should be invoiced. Here option A is the correct answer.
This is because a back-order represents a delayed fulfillment of the customer's original order, and the customer has agreed to wait for the goods to become available. Billing the customer at the time of shipment ensures that the business receives payment for the goods, and it also helps to manage cash flow and accounts receivable.
Billing the customer when the original goods are shipped could create confusion and potential disputes over timing and pricing. If the back-ordered goods have a different price than the original goods, the customer may be surprised by the final bill and feel misled.
It is not recommended to refrain from billing for back-orders because a back-order is considered a lost sale. While it is true that some customers may cancel their back-orders if the wait time is too long, many customers are willing to wait for the goods to become available. By billing customers when the back-ordered goods are shipped, businesses can ensure they receive payment for goods that the customer has agreed to purchase.
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Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores
Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
Apple, Dell, Seagate, and other U.S. companies have been criticized for sending manufacturing jobs to other countries to cut down on costs. Sending jobs overseas is called ____________.
Answer:
offshoring
Explanation:
buisness process from one to another
The major features of the U.S. free enterprise system include:
A. restrictions on the types of available consumer goods.
B. economic decisions made mainly to promote fairness.
C. limited competition between a small number of companies.
D. limits on the government's role in the economy.
ASAP !!!
Answer:
D. limits on the government's role in the economy.
Explanation:
Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.
In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods. To a large extent, the free market economy is in the profit-motivated, private sector.
Answer: D. Limits on the governments role in the economy
Explanation: I just took the test on a pe x
Kimberly is responsible, worthy of trust, and consistent in her performance at work. Her employers know that they can count on her. Kimberly demonstrates _____.
initiative
dependability
time management
conflict resolution
Answer:
dependability
Explanation:
When others can rely on you, it shows you are dependable. Dependability is a state where others trust a particular person will deliver. It is convincing others to have full confidence in you and your abilities.
Through previous actions, Kimberly has demonstrated that her employers can rely on her entirely. She has convinced her employers without any doubts that they can depend on her.
What is the 3-m system coordinator is responsible to individual?
The 3-m system coordinator is a critical role in any organization, responsible for managing the three key components of men, material, and machinery.
The 3-m system coordinator is responsible for overseeing and managing three key components - men, material, and machinery - that are essential for the successful functioning of any organization.
In terms of the impact on individuals, the 3-m system coordinator plays a vital role in ensuring the safety and well-being of employees.
Additionally, the 3-m system coordinator is responsible for managing the inventory of materials and equipment, which can impact individuals in terms of their ability to perform their jobs effectively.
If there are shortages or delays in the availability of materials or equipment, it can lead to delays in project timelines or even accidents and injuries.
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Which tasks would be performed by someone in an Administration and Information Support career?
analyzing information to predict future sales and supervising others
answering telephone calls and filing paperwork
training employees and administering employee benefits
hiring and firing employees and approving budgets
Answer:
B. Hope this helps my friend!
Explanation:
Answer:
anwer is B
Explanation:
You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...
1. Profit
2. Sales
3. Services
4. Expenses
5. Goods
Answer:
I think its #1 bro i don't know
State 2 problems a startup company might have rasining
finance
1. Fierce Competition
The corporate world is quite fierce. There is always a competition going on between the giants. Competition poses one of the biggest challenges for the survival of startup businesses. And if you have an online business startup, the competition gets tougher.
The competitive environment keeps the startups on their toes, as there is no margin of error available. Both B2B and B2C organizations always tend to feel the heat of the fierce competition. In order to survive in this competitive business environment that covers both traditional and online businesses, the startups need to play aggressively, and punch above their weight to gain the much needed recognition amongst the clusters of ever challenging and expanding businesses.
2. Unrealistic Expectations
Success does not come alone. It brings expectations with it. Most of the times, these expectations seem realistic, But in the real sense of the word, are merely unrealistic. This same concept holds true for young startups.
Startups tend to face challenges when they set ‘unrealistic expectations’ following a booming success. Remember, success is short-lived and expectations never end. This is where startups need to translate what the real expectations are? Sustainability is the name of the game. And sustainability requires consistent efforts.
Explain in your own words how traffic congestion leads to allocative inefficiency.
Answer:
Wear and tear on vehicles leads to more recurrent replacements and repairs.
Explanation:
Traffic congestion can occur as a result of a lack of road capacity.
The causes of traffic congestion include overpopulation, frequent use of private cars, and inadequate public transport.
Traffic congestion may slow down the growth of metropolitan cities.
It also formulates economic geographies.
Wear and tear on vehicles leads to more recurrent replacements and repairs.
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Happy Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73% complete for materials and 23% complete for conversion costs. On October 31, its ending WorkminusinminusProcess Inventory was 80% complete for materials and 43% complete for conversion costs. This means that for the ending inventory, ________% of the materials and ________% of the conversion costs were added during October.
Answer:
80 % of materials ; 43 % of conversion costs
Explanation:
The FIFO method traces equivalent units for materials and conversion costs for the following categories :
Opening Work in Process unitsUnits started and completedEnding Work in Process unitsSo the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).
All these physical units need to be expressed to the percentage of work done on them - equivalent units.
The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.
Advertising, like any part of the promotional mix, can be managed by following several steps. What are two of those steps?.
Advertising, like any part of the promotional mix, can be managed by following several steps. Executing and Evaluating are those two steps.
The most important step in putting an advertising plan into action is execution. In this stage, an advertisement is carefully examined and put in the appropriate media while taking the advertising goals into account.
Creative executions are components that advertisers use more to draw attention than to enlighten consumers about a product or brand. Athlete or celebrity endorsements, humor, fanciful imagery, and words or visuals that evoke strong emotions like shock, fear, or warmth are a few examples.
A planned advertising program's effectiveness in terms of sales, elevated brand awareness, expanded distribution, or other program goals are measured through advertising campaign evaluation.
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If someone hire you today, what are some skills that you have that you can use in the workplace?
what is professional education
Answer:
Definition. Professional education includes any programs that improve the knowledge, skills, attitudes, or behaviors of health care providers on the importance of breast- feeding, the physiology and management of lactation, or counseling related to breastfeeding.
Please hurry!! Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indicate where you would like to work and describe what you hope to learn from your job placement there. Be sure to include three to five specific examples of what you would hope to learn.
Answer:
Answer:
A response might look similar to what is below.
Explanation:
I would like to work in an elementary school. I would hope to learn what is to be taught and how it is to be taught. I hope to learn about the expectations for student learning and also the expectations of a classroom teacher. I also would like to learn the type of education I need to become an elementary school teacher.
the records also contained an account titled retained earnings. based on this information the balance of the retained earnings account must be
Based on the information given, the balance of the Retained Earnings account must be $700. (Option C)
How do you determine the balance of retained earnings?To determine the balance of the Retained Earnings account, we need additional information such as the net income of the Coastal Company, as well as any dividends paid to shareholders.
However, we can use the accounting equation to help us determine the balance of the Retained Earnings account:
Assets = Liabilities + Stockholders' Equity
In this case, we have:
Assets = $500 (Cash) + $800 (Land) = $1,300
Liabilities = $200 (Notes Payable)
Stockholders' Equity = $400 (Common Stock) + Retained Earnings
We can rearrange the accounting equation to solve for Retained Earnings:
Retained Earnings = Assets - Liabilities - Common Stock
Retained Earnings = $1,300 - $200 - $400 = $700
Therefore, based on the information given, the balance of the Retained Earnings account must be $700.
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The complete question is:
The accounting records of Coastal Company contained the following account balances. Cash Land Notes Payable Common Stock $500 $800 $200 $400 The records also contained an account titled Retained Earnings. Based on this information the balance of the retained earnings account must be Multiple Choice $900 $500 o $700
What is the practice called when a business prices its goods or services so low that other businesses can no longer compete and are driven from the market?.
When a business prices its goods or services so low that other businesses can no longer compete and are driven from the market the practice called predatory pricing.
What do you mean by the Predatory pricing?The practice of predatory pricing involves charging below-cost prices in order to undercut rivals and gain an unfair competitive advantage.
When a vendor uses predatory pricing, other suppliers are unable to compete and are compelled to leave the market.
A corporation that does this will initially experience losses, but later reaps rewards by forcing rivals out of the market and boosting prices once more.
This technique of predatory pricing frequently leads to the development of monopolies that have long-term market dominance.
Therefore, when a business prices its goods or services so low that other businesses can no longer compete and are driven from the market the practice called predatory pricing.
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which task is carried out by book keeping
Answer:
Explanation:
Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.
The resources a business uses to conduct its operations are called.
Answer:
Assets.
Explanation:
How does Dave Ramsey create a budget?
Dave Ramsey is a personal finance expert and radio host who is well-known for his advice on budgeting and managing money. He has developed a specific method for creating a budget, known as the "cash envelope system."
The cash envelope system is based on the idea that it's easier to stick to a budget when you're physically handing over cash for expenses, rather than using a debit or credit card.
Dave Ramsey recommends dividing your budget into categories, such as groceries, entertainment, and gas. Then, you should withdraw cash from the bank for each category and put it into a labeled envelope. When the money in the envelope is gone, you know you've reached your budget for that category for the month.
To start creating a budget using Dave Ramsey's method, you should first take stock of your income and expenses. Make a list of all your income sources, including your salary or wages, any rental income, or any other sources of money you receive. Then, make a list of all your expenses, including rent or mortgage, utilities, transportation, and food.
Next, you will need to prioritize your expenses. Dave Ramsey recommends starting with the four "walls" of your budget: housing, utilities, transportation, and food. These are considered the most essential expenses and should be paid for first.
After that, you should allocate money for savings and debt repayment.
Once you've determined your income and expenses and prioritized your spending, you can begin to allocate your money into different categories.
Dave Ramsey suggests using the "50/30/20 rule" to guide your allocations: 50% of your budget should go towards necessities, 30% should go towards wants, and 20% should go towards savings and debt repayment.
Finally, you should track your spending throughout the month to make sure you're sticking to your budget. You can use a budgeting app or spreadsheet to keep track of how much money you've spent in each category. If you find that you're overspending in a certain category, you'll need to adjust your budget accordingly.
By following Dave Ramsey's cash envelope system and budgeting method, you'll be better able to manage your money and achieve your financial goals. It takes some discipline, but with practice, you'll be able to budget your money effectively and achieve financial stability.
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