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Author Question: The limited liability company (LLC) form of business organization is: A) able to retain limited ... (Read 82 times)

Lisaclaire

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on: Jul 11, 2018
The limited liability company (LLC) form of business organization is:
 
  A) able to retain limited liability for its owners.
  B) a cross between a partnership and a corporation.
  C) it is taxed like a partnership.
  D) All of the above.

Question 2

Other things equal, a higher leverage ratio implies:
 
  A) a higher ROA.
  B) lower financial risk for shareholders.
  C) greater financial risk for shareholders.
  D) a lower ROE.


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moormoney

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Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

C


Lisaclaire

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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