Benefit of limited liability

Assignment Help Accounting Basics
Reference no: EM13258196

Which of the following enjoys the benefit of limited liability?

A. Limited company

B. Sole-proprietorship

C. Foundation

D. Trust

Reference no: EM13258196

Questions Cloud

Burden of unlimited liability : Which of the following business has the burden of unlimited liability?
Establishing a goal of having a net profit : You read their annual reports and both companies had established a goal of having a net profit equal to 15% of total assets:
Why would the fourth amendment apply : The Fourth Amendment speaks of "people" being secure in their "persons, houses, papers, and effects." Why would the Fourth amendment apply to a business, which is not in a "house"?
What is the ethical dilemma : What is the ethical dilemma and what is your value and ethical position related to the case? Include discussion of theory and principles on which your position is based.
Benefit of limited liability : Which of the following enjoys the benefit of limited liability?
What is the current bond price : Ninja Co. issued 15-year bonds a year ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.4 percent, what is the current bond price?
Find average price per share for which common stock issued : Thestockholders' equity section of Kay Corporation at the end of thecurrent year showed. Calculate the average price per share for which the common stock was issued.
Determine the magnitudes of the velocity : Pin P is constrained to move along the curve defined by the lemniscate r = (4 sin 2theta) ft. If the angular position of the slotted amr OA is defined by theta = (3t^(3/2)) rad, determine the magnitudes of the velocity and acceleration of the pin P w..
What is the potential impact on students financial future : Financial Literacy. Over the past decade “Financial Literacy” has received increasing attention in all levels of schools. What does it mean to be financially literate?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Provide a brief scenario of a specific type of business

Assess the importance of free cash flow in a growth company. Provide a brief scenario of a specific type of business that would benefit from free cash flow.

  Evaluate the effectiveness of the company disaster recovery

assess the short- and long-term impact the disaster had to the business and stakeholders. Provide specific examples to support your response.

  Why companies go to private and leveraged buyouts

List the advantages and disadvantages of Public versus Private Financing.

  Operating business during the tax-filing season

Susan generated $55,000 of net earnings from the conduct of a tax preparation business that she operated during the tax-filing season. She also received wages of $60,000 from her full-time job. Compute the self-employment taxes due for 2010.

  Resulting number of common shares issued

Corporation has $10 par value common stock with 1000000 shares authorized, and a value of 7000000 before purchasing 3000 shares of common stock. the resulting number of common shares issued and outstanding is?

  Fair value of properties as final settlement

On  the basis of settlements other firms have received from this same country, Shoyo expects to receive 40% of the fair value of its properties as final settlement.

  Coca a corporation of turkey is engaged in the production

How would your answer change if the "U.S. net equity" of the branch was $1,650,000 at the end of 2012? How much tax would be owed?

  Problem regarding quarterly sales forecast

Adams Sporting Goods sells bicycles throughout the southeastern United States. The following data were taken from the most recent quarterly sales forecast:

  Recommendations to improve the financial status

Write a 1750- to 2,050-word paper in APA format with citations and references that provides a financial comparison of the two companies and your recommendations to improve the financial status of each.

  Record for the asset received

Glen Inc. and Armstrong Co. have an exchange with no commercial substance. The asset given up by Glen Inc. has a book value of $12,000 and a fair market value of $15,000. The asset given up by Armstrong Co. has a book value of $20,000 and a fair m..

  Using the appropriate interest table, answer each question

Using the appropriate interest table, answer each of the following questions.

  Compute the number of units of each product

Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd