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Problem 1: For which circumstance may an individual be personally liable for actions of a limited liability company (llc)?
a. Member personally guarantees a business loan
b. Member manages daily activities of the llc
c. Customers sues LLC for negligence
d. LLC is taxed as a C corporation
Problem 2: Who are the owners of a corporation?
a. Partners
b. Directors
c. Shareholders
d. Members
Problem 3: A corporation wants to conduct business in a state other than the state of its formation. Which filing gives the corporation the right to conduct business in a state other than the state of its formation?
a. Certificate of formation
b. Articles of organization
c. Articles of incorporation
d. Certificate of authority
Calculate the expected total throughput margin for the restaurant per hour, day, and month. determine if there is a constraint for any of the four areas of capacity. What is the amount of needed capacity for each constraint?
Suppose a college education costs $10,000 a year right now and is expected to grow at 8 percent a year. How much will a college education cost in 18 years?
Find What will the prices of the 10-year bonds in years 2021 through 2030? What will be your rate of return if you sell your bonds in 2023?
Its expenses for the year were $3,000,000. Its total assets were $10,000,000. What is the company's return on assets for the fiscal year?
What is operating leverage, and how does it affect a firm's business risk? Show the operating break-even point if a company has fixed costs of $200
Which of the following statements regarding the stated rate of interest is true if a bond is sold at 101? The stated rate is higher than the market rate.
Determine the terminal year non-operating cash flow in year 5. Pharmos Incorporated is a Pharmaceutical Company which is considering investing in new production
Assets = Liabilities + Stockholders’ Equity Cash + A/R + Supp. + Equip. = Accounts Payable + Common Stock + Retained Earnings Revenues – Expenses – Dividends (1) $21,400 $21,400 Com. Stock (2) –1,500 $5,100 $3,600 (3) –800 $800 (4) 4,100 $6,400 $10,5..
Maiden Corporation manufactures a single product the selling price is €100 per unit, and variable costs amount to €70 per unit. What is the contribution margin
A home office's Allowance for Overvaluation of Inventories: Branch ledger account, which has a credit balance, is: An asset valuation account.
From the employees' perspective, what level of monthly sales dollars must COMM achieve so that their monthly compensation under the combination fixed salary/commission model is equal to the current monthly fixed salary amount.
Write a "Bad News" letter explaining to the candidate (Brad Pitt) that although qualified for the position, he did not get the job of an HR manager.
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