This topic contains a solution. Click here to go to the answer

Author Question: Assets refer exclusively to: A) the taxes to be paid by a firm. B) the wages payable by a firm to ... (Read 105 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
Assets refer exclusively to:
 A) the taxes to be paid by a firm.
  B) the wages payable by a firm to its employees.
  C) the cash payable by a firm.
  D) the resources owned by a firm.

Question 2

Twenty-five young investors decided that they want to start a dating service; however, they do not want to be held personally liable for losses of the company. They want to avoid double taxation. Which type of business organization would best fit the needs of these individuals?
 A) Corporation
  B) Closed corporation
  C) Partnership
  D) S-corporation
  E) Limited cooperative



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnharpe

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

D

Answer to Question 2

D




jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

For a complete list of videos, visit our video library