Answer:
D. has its profits taxed as personal income.
Explanation:
Characteristics of a sole proprietorship :
1. It Is Owned by one person
2. The onwer has an unlimited liability.
3. It doesn't usually have an unlimited life. It usually ends with the death of the owner.
4. Profits are taxed as personal income.
5. It is very easy to form. It requires little legal cost.
Answer:
Nine jurisdiction which are California, District of Columbia, Florida, Idaho, Iowa, Nebraska, New Jersey, Utah, and Wyoming
Explanation:
The Uniform Limited Liability Company Act (ULLCA) was an act that was formed in 1995 and was amended in 1996 and 2006 which allows small businesses enjoy tax advantage of a partnership.
Answer:
Interest per six months =$64,750
.
Explanation:
B<em>onds are instruments used by companies, governments and other entries to borrow from the public. </em>
<em>They represent a contractual agreement where the borrower commits to pay a percentage of the principal amount borrowed plus the principal amount to the lender or investor.</em>
The proportion of the amount borrowed which is paid as interest is called coupon. The interest payment is computed as the the coupon rate in percentage multiplied by the amount borrowed.
Interest payment = Coupon rate (%) × Nominal Value
Annual interest payment = 7% × 1,850,000 =$129,500
Semi-annual interest payment = Annual interest payment/2
Semi-annual interest payment =129,500
/2 =64,750
.
Interest per six months =$64,750
.
Note we had to divide by 2 because they are two six months in a year.
Agricultural marketing covers the activity of getting the an agricultural product from the fom to consumers
Answer: the tax on capital gains is deferred until the gain is realized
Explanation:
A low dividend payout is a situation that occurs when the majority of w company's profit are kept and then reinvested in the business while the rest will be shared as dividends.
A low dividend policy is favored when the tax on capital gains is deferred until the gain is realized.
