Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 08, 2024

Which of the following can be shareholders of an S corporation? a. Partnership. b. Limited liability partnership. c. Corporation. d. One-member limited liability company. Explain

Which of the following can be shareholders of an S corporation? a. Partnership. b. Limited liability partnership. c. Corporation. d. One-member limited liability company.

Explain why.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Operational Assessment Of IT Internal Audit And IT Audit

Authors: Steve Katzman

1st Edition

0367567946, 978-0367567941

More Books

Students also viewed these Accounting questions

Question

★★★★★

Let S and T be linear transformations V W, where dim V = n and dim W = m. Show that im S = im T if and only if T = SR for some isomorphism R : V V. [Show that dim(ker S) = dim(ker T) and choose...

Answered: 1 week ago

Question

★★★★★

what we mean by good software

Answered: 1 week ago

Question

★★★★★

=+ (a) By Zorn's lemma find a maximal such S. Show that it is a Hamel basis. That is, show that each real x can be written uniquely as x = n, x 1 + . . . +n, x, for distinct points x; in S and...

Answered: 1 week ago

Question

★★★★★

St. Paul Lumber Company incurs a cost of $280 per hundred board feet in processing certain "rough-cut" lumber, which it sells for $320 per hundred board feet. An alternative is to produce a "finished...

Answered: 1 week ago

Question

★★★★★

You plan to invest $45,000 in a security, borrowing $25,000 of the cost from a friend, thus putting up $20,000 of your own money. The cost of debt is 10%, and there are no taxes. With this...

Answered: 1 week ago

Question

★★★★★

What is Mittal Steel's core competency, and what was its strategic motive for global business? (Mini Case: Arcelormittal: A Stateless Corporation)

Answered: 1 week ago

Question

★★★★★

An Aluminum alloy die casting weighs 0.63 kg and the weight of the connected gating system = 0.25 kg. Hourly production rate of the die casting operation = 80 pcs/hr. The unit heating and pouring...

Answered: 1 week ago

Question

★★★★★

[Discrete Random Variables] According to an agreement between a smartphone producer and a retail company, the former delivers a large batch of smartphones of some given model. The retail company...

Answered: 1 week ago

Question

★★★★★

The trial balance before adjustment of Cyncrewd Inc. shows the following balances: Accounts receivable Allowance for doubtful accounts (AFDA) Credit sales Sales returns Dr. $225,000 Cr. 2,340 375,000...

Answered: 1 week ago

Question

★★★★★

1. What are some issues that you must consider when determining an appropriate sample size for your project? 2. When would a sample not be large enough? 3. Can a sample be too large? 4. How would you...

Answered: 1 week ago

Question

★★★★★

assume strands is a hair salon, provides cuts, perms, ect... annual fixed cost are $ 150,000 and variable cost are 40% of sales revenue. Last year sales revenue total $ 300,000. a- determine...

Answered: 1 week ago

Question

★★★★★

Prepare a constructive performance appraisal.

Answered: 1 week ago

Question

★★★★★

Describe the purposes of visual aids in written and oral communication.

Answered: 1 week ago

Question

★★★★★

List the advantages of correct report formatting.

Answered: 1 week ago

Previous Question Next Question