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Author Question: Mullin, Inc, purchases supplies such as paper towels, soap, toilet paper, and toilet seat covers ... (Read 183 times)

newyorker26

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Mullin, Inc, purchases supplies such as paper towels, soap, toilet paper, and toilet seat covers directly from manufacturers and then sells them to other firms. Mullin, Inc, is a(n):
 A) retailer.
  B) wholesaler.
  C) functional middleman.
  D) agent.
  E) producer.

Question 2

Walters Company, LLC, is a wholesale distributor of industrial packaging. A primary advantage that Walters enjoys as an LLC as opposed to a corporation is:
 A) the LLC does not have to pay taxes.
  B) the LLC has double taxation, but at a lower rate than corporations.
  C) the LLC avoids double taxation.
  D) the LLCs employees are taxed at a lower rate.
  E) the LLC enjoys bigger profits.



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pami445

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Answer to Question 1

B

Answer to Question 2

C





 

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