Finance

Explain the benefits of incorporation.

Explain the benefits of incorporation.

Explain the benefits of incorporation.

Memphic   52   1 Reply

deusmaroto

You own 100 shares of a Sub Chapter "S" corporation. The corporation earns $5.00 per ...

You own 100 shares of a Sub Chapter "S" corporation. The corporation earns $5.00 per ...

You own 100 shares of a Sub Chapter "S" corporation.  The corporation earns $5.00 per share before taxes.  Once the corporation has paid any corporate taxes that are due, it will distribute the rest of its earnings to its sharehol

EpiscoWhat   84   1 Reply

EgorGruzdev

Which of the following are subject to double taxation?

Which of the following are subject to double taxation?

Which of the following are subject to double taxation?
A) Corporation
B) Partnership
C) Sole proprietorship
D) A and B

Memphic   90   1 Reply

pbrown223

The distinguishing feature of a corporation is that:

The distinguishing feature of a corporation is that:

The distinguishing feature of a corporation is that:
A) their is no legal difference between the corporation and its owners.
B) it is a legally defined, artificial being, separate from its owners.
C) it spreads liability for its corpor

Memphic   121   1 Reply

pbrown223

A limited liability company is essentially:

A limited liability company is essentially:

A limited liability company is essentially:
A) a limited partnership without limited partners.
B) a limited partnership without a general partner.
C) just another name for a limited partnership.
D) just another name for a corporat

johnpaech   113   1 Reply

pbrown223

Which of the following statements is most correct?

Which of the following statements is most correct?

Which of the following statements is most correct?
A) An advantage to incorporation is that it allows for less regulation of the business.
B) An advantage of a corporation is that it is subject to double taxation.
C) Unlike a partnersh

Memphic   109   1 Reply

pbrown223

Which of the following is/are an advantage of incorporation?

Which of the following is/are an advantage of incorporation?

Which of the following is/are an advantage of incorporation?
A) Access to capital markets
B) Limited liability
C) Unlimited life
D) All of the above

Memphic   78   1 Reply

EgorGruzdev

Which of the following is NOT an advantage of a sole proprietorship?

Which of the following is NOT an advantage of a sole proprietorship?

Which of the following is NOT an advantage of a sole proprietorship?
A) Single taxation
B) Ease of setup
C) Limited liability
D) No separation of ownership and control

Memphic   120   1 Reply

anicid

Which of the following organization forms accounts for the most revenue?

Which of the following organization forms accounts for the most revenue?

Which of the following organization forms accounts for the most revenue?
A) "S" corporation
B) Limited partnership
C) "C" corporation
D) Limited liability company

johnpaech   82   1 Reply

anicid

Which of the following organization forms for a business does NOT avoid double taxation?

Which of the following organization forms for a business does NOT avoid double taxation?

Which of the following organization forms for a business does NOT avoid double taxation?
A) Limited partnership
B) "C" corporation
C) "S" corporation
D) Limited liability company

EpiscoWhat   96   1 Reply

pbrown223

A sole proprietorship is owned by:

A sole proprietorship is owned by:

A sole proprietorship is owned by:
A) one person.
B) two of more persons.
C) shareholders.
D) bankers.

Memphic   80   1 Reply

anicid

What is the purpose of the sensitivity analysis?

What is the purpose of the sensitivity analysis?

What is the purpose of the sensitivity analysis?

EpiscoWhat   148   1 Reply

deusmaroto