What is the nature of an S corporation? List five requirements for such a corporation.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (17 reviews)
The designation of S corporation enables a firm to avoid the dou...View the full answer
Answered By
Danish Sohail
My objective is to become most reliable expert for clients. For last 10 years I have been associated with the field of accounting and finance. My aim is to strive for best results and pay particular attention to client needs. I am always enthusiastic to help clients for issues and concerns related to business studies. I can work on analysis of the financial statements, calculate different ratios and analysis of ratios. I can critically evaluate stock prices based on the financial analysis and valuation for companies using financial statements of the business entity being valued with use of excel tools. I have expertise to provide effective and reliable help for projects in corporate finance, equity investments, financial accounting, cost accounting, financial planning, business plans, marketing plans, performance measurement, budgeting, economic research, risk assessment, risk management, derivatives, fixed income investments, taxation, auditing, and financial performance analysis.
4.80+
78+ Reviews
112+ Question Solved
Related Book For
Entrepreneurship Theory Process and Practice
ISBN: 978-1285051758
9th edition
Authors: Donald F. Kuratko
Question Posted:
Students also viewed these Finance questions
-
Inventory turnover ratio = Cost of goods sold+ Cost of the period. A Average inventory B Minimum inventory C Maximum inventory D None of these held during
-
46) Which reaction below is an example of a single replacement reaction? A) 2H(g) + O(g) 2HO (1) B) FeCl, (aq) + 3KOH (aq) - C) HSO, (aq) + 2NaOH(aq) D) 6HCl (aq) + 2Al(s) 47) Which reaction below is...
-
What is the nature of an off-balance-sheet activity? How does an FI benefit from such activities? Identify the various risks that these activities generate for an FI, and explain how these risks can...
-
The open-loop transfer function of a unity feedback system is: 20 G(s) (s + 1.5)(s + 3.5)(s+ 15) (a) Design a lag-lead compensator for G(s) using root locus so that the closed-loop system satisfies...
-
Compare and contrast cross-sectional and longitudinal designs.
-
In Exercises analyze and sketch a graph of the function. Label any intercepts, relative extrema, points of inflection, and asymptotes. Use a graphing utility to verify your results. y=2x-x
-
While this exercise was being created, Weather.com indicated that there is a 20% chance of rain for the authors home region. Express the indicated degree of likelihood as a probability value between...
-
Indicate the fund or nonfund accounts that should be used to account for each of the following: 1. Tax revenues restricted for road maintenance. 2. Resources restricted for construction of a new...
-
15. A doubly linked list is one in which each node points not just to the next node in the linked list, but also the previous node in the linked list. The struct definition is: typedef struct node...
-
For the following project, 3 sections are expected every week. Each week is 5 working days with 8 hours a day. Find the value of X1? Find the value of X2? Find the value of X3? Find the value of X4?...
-
What are the specific advantages and disadvantages associated with each primary legal form of organization?
-
Explain the value of the B Corporation and the L3C corporation as new legal forms.
-
Use the first eight rules of inference to derive the conclusions of the following symbolized arguments:
-
Which of the following does NOT add to U.S. GDP? a. Boeing manufactures and sells a plane to Air France. b. General Motors builds a new auto factory in North Carolina. c. The city of New York pays a...
-
Which of the following is NOT true about the Federal Reserve? a. It was established by the U.S. Constitution. b. It regulates the banking system. c. It lends to banks. d. It can own government bonds.
-
If a bank receives an item payable from a customers account in which there are insufficient funds, the bank cannot pay the item.
-
A bond tends to pay a high interest rate if it is a. a short-term bond rather than a long-term bond. b. a municipal bond exempt from federal taxation. c. issued by the federal government rather than...
-
Miguel Vilarinho purchased a used Maserati from Palmetto Sports Cars, Inc., for $66,895. He made an $18,000 down payment and financed the rest with World Financing Group, LLC. Vilarinho claimed years...
-
If a sale is made f.o.b. destination, when should the associated revenue be recognised?
-
The Smiths buy a house. They borrow 80 percent of the purchase price from the local ABC Savings and Loan. Before they make their first payment, ABC transfers the right to receive mortgage payments to...
-
What is meant by the term blue-sky laws and how do these laws apply when issuing securities?
-
Describe the meaning of a security in terms of the Securities Act of 1933.
-
Why does it matter if an investment is, or is not, viewed as being a security?
-
What would you say to this person about their statement below and what question would you ask? Union organizations began in this country in the 18th century and looked very different from todays...
-
Make TWO recommendations for improving contractor selection or management in your chosen organisation, AND justify EACH of the recommendations
-
Given the information below. Answer the question. IGNORE THE e on-hand inventory. a More Info Level The product structure. 0 (2) 1 S U(1) 2 V (2) W (1) X (2) Y (2) Z (3) The time-phased product...
Study smarter with the SolutionInn App