Below are the 5 factors do we need to consider in order to choose the right form
Fantastic news! We've Found the answer you've been seeking!
Question:
Below are the 5 factors do we need to consider in order to choose the right form for our business. Explain how each one affects our decision on which form to use. (one sentence each)
Transferability |
Liability |
Control |
Continuity |
Taxation |
Expert Answer:
Answer rating: 100% (QA)
Transferability This factor is related to assessing if the business can be managed ... View the full answer
Posted Date:
Students also viewed these accounting questions
-
How large a sample size do we need to estimate the mean annual income of Native Americans in Onondaga County, New York, correct to within $1000 with probability 0.99? No information is available to...
-
How many correct experiments do we need to disprove a theory? How many do we need to prove a theory? Explain.
-
Please explain why do we need to use animal sera in some cell culture applications.
-
In April 2016, Vanessa bought 100 shares in Entagon plc at a cost of 5 per share. The company went into liquidation and Vanessa received a first distribution of 40p per share in July 2020. The shares...
-
Consider the linear programming model (given in the back of the book) that was formulated for Prob. 3.2-3. (a) Use graphical analysis to identify all the corner-point solutions for this model. Label...
-
A cylindrical rod of 1040 steel originally 15.2 mm (0.60 in.) in diameter is to be cold worked by drawing; the circular cross section will be maintained during deformation. A cold-worked tensile...
-
The weight of milk powder in a "1 kg" package is normal(, 2 ) distribution (where it is known that the mean = 1015 g). Let a random sample of 10 packages be taken and weighed. The weights are (a)...
-
Public companies are required to file restated financial statements with the SEC when they discover after the audited financial statements have been issued that the financial statements are...
-
Duncan's Diamond Bit Drilling Corporation (Duncan) purchased the following assets in 2023. Assume its taxable income was $60,000 for purposes of computing the 179 expense deduction. Asset Purchase...
-
In a typical month, the Monk Corporation receives 80 checks totaling $113,000. These are delayed four days on average. What is the average daily float? Assume 30 days in a month.
-
What is the journal entry when you take cash out of your company for personal uses?
-
Punch Manufacturing Corporation owns 80 percent of the common shares of Short Retail Stores. The companies balance sheets as of December 31, 20X4, were as follows: Short Retails 8 percent preferred...
-
Find transmittance \(\frac{\mathrm{X}(s)}{\mathrm{F}(s)}\) for the system shown in Fig. P1.5 tro 0000 K M B x (t)
-
Distinguish between attribute and value.
-
What is the difference between an essential and a real use case?
-
The unit impulse response of a unity feedback control system is given by; \[ c(t)=-t e^{-t}+2 e^{-t},(t \geq 0) \] The open loop transfer function is equal to (a) \(\frac{(s+1)}{(s+2)^{2}}\) (b)...
-
Generate the prefix code for the following alphabet. Be sure to follow the exact specifications given in class. (Zeroes to the left, ones to the right, etc) Letter Frequency . A . B . E P 6 Select...
-
In the series connection below, what are the respective power consumptions of R, R2, and R3? R R www 4 V=6V P1-3 W; P2=3W; and P3= 3 W OP10.5 W; P2-1 W; and P3= 1.5 W P1=1.5 W; P2=1 W; and P3= 0.5 W...
-
Consider an unstable plant \[G(s)=\frac{s+2}{s^{3}+4 s^{2}-5 s}\] with feedback control, as shown in Figure 10.15. a. Using Routh's stability criterion, determine the range of the control gain \(K\)...
-
Consider the closed-loop control system shown in Figure 10.24. a. Using MATLAB, plot the unit-step responses of the system for the following values of \(K: 5,50\), and 500 . b. Compute the...
-
Use the Simulink block diagram built in Example 10.10 to find the unit-step responses for \(k_{\mathrm{I}}=50,500\), and 1550 . Set \(k_{\mathrm{p}}=250\) and \(k_{\mathrm{D}}=0\). Discuss the...
Study smarter with the SolutionInn App