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

Author Question: Mullin, Inc, purchases supplies such as paper towels, soap, toilet paper, and toilet seat covers ... (Read 188 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pami445

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library