FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What type of entity is recommended for Restaurant with a vision to expand to three locations? Why? Business Entities: Sole proprietorship Partnership Limited partnership Limited

What type of entity is recommended for Restaurant with a vision to expand to three locations? Why?

Business Entities:

  • Sole proprietorship
  • Partnership
  • Limited partnership
  • Limited liability partnership
  • Limited liability company
  • "C" Corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dynamic Business Law The Essentials

Dynamic Business Law The Essentials

Authors: Nancy Kubasek, Neil Browne, Daniel Herron

4th edition

1260110699, 9781260110692, 9781259723582, 1259723585, 978-1259917103

More Books

Students also viewed these Law questions

Question

★★★★★
Multiple Choice Questions Identify the best answer for each of the following: 1. Both governmental funds and governmental activities include which of the following on their respective operating...

Answered: 1 week ago

Question

★★★★★
LO.2 Linda, age 37, who files as a single taxpayer, had AGI of $280,000 for 2018. She incurred the following expenses and losses during the year. Medical expenses (before the 7.5%-of-AGI limitation)...

Answered: 1 week ago

Question

★★★★★
What advantages might there be in using multiple perspectives to address Coles case?

Answered: 1 week ago

Question

★★★★★
Samantha Ringer purchased a used automobile for $10,000 at the beginning of last year and incurred the following operating costs: Product X Product Y Product Z Depreciation ($10,000 5 years). . . ....

Answered: 1 week ago

Question

★★★★★
Management of a firm with a cost of capital of 10 percent is considering a $126,000 investment with annual cash flow of $52,460 for three years. Use Appendix A and Appendix D to answer the questions....

Answered: 1 week ago

Question

★★★★★
On June 30, 20X4, Prichard Company purchased some stock for $5,000. This stock was worth $6,000 on December 31, 20X4, and it was worth $5,500 on December 31, 20X5. The investment has been properly...

Answered: 1 week ago

Question

★★★★★
In 2022, Jose received $300,000 from his mother in order to be able to afford his first house. Last month, Jose's mother asked when he would start paying the loan back. Jose replied 'I thought it was...

Answered: 1 week ago

Question

★★★★★
The Orlando Corporation is assembling information to determine its Cash Collection Budget for next year. Orlando has the following information it obtained for the third quarter: a Beginning Cash...

Answered: 1 week ago

Question

★★★★★
The stockholder's equity section of Patrick Trash Hauler's Balance sheet is below Common Stock - $17.00 par value 200,000 shares authorized? shares issued and outstanding Additional Paid in Capital...

Answered: 1 week ago

Question

★★★★★
Pedro is an employee of a soft drink company. He has been working in the organization in the human capital area for 15 years. Recently, he began to reflect on how the human capital area has evolved...

Answered: 1 week ago

Question

★★★★★
You are on the coast of Long Island, facing south. Hurricane Jessica is moving north toward you and is expected to make landfall with a forward speed of 30 mi/hr. Which of the two scenarios below (a)...

Answered: 1 week ago

Question

★★★★★
Evans Company had total sales of $4,000,000 for fiscal 20x5. The costs of quality-related activities are given below. Returns/allowances Design changes $300,000 180,000 Prototype inspection 12,000...

Answered: 1 week ago

Question

★★★★★
5. Think through your own way of representing the world. What is your main pattern: Visually, verbally, emotions, smells, tastes?

Answered: 1 week ago

Question

★★★★★
1. Think of a situation in the workplace where you meet a person for the first time, which you know you will have a lot to do with in the future. a. Name three things about yourself that you will try...

Answered: 1 week ago

Question

★★★★★
3. List four points that you think are important to give the individual attention, when he or she is going to sell an argument or an idea to you.

Answered: 1 week ago

Previous Question Next Question