Business, 18.01.2020 02:31 ceibrione1

Cheers inc. operates as a partnership. now the partners have decided to convert the business into a regular corporation. which of the following statements is correct? a. cheers will now be subject to fewer regulations. b. cheers' shareholders (the ex-partners) will now be exposed to less liability. c. cheers' investors will be exposed to less liability, but they will find it more difficult to transfer their ownership. d. assuming cheers is profitable, less of its income will be subject to federal income taxes. e. cheers will find it more difficult to raise additional capital.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:10, manny2275

True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity

Answers: 3

continue

Business, 22.06.2019 20:40, ninjaben

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share

Answers: 3

continue

Business, 22.06.2019 21:30, lee1677

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.

Answers: 1

continue

Business, 22.06.2019 22:30, josephinekiim

Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice

Answers: 1

continue

You know the right answer?

Cheers inc. operates as a partnership. now the partners have decided to convert the business into a...