Which of the following is an issue associated with general partnerships?
A. Complexities related to the formation of the company
B. Double taxation of the partners
C. Difficulty faced by a partner when withdrawing from the company
D. Weaker financial base when compared to that of a sole proprietorship
Answer: C
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The following information has been obtained from the Mastic Corporation: 550,000 shares of common stock were outstanding on January 1, 2018. Bonds convertible into 50,000 shares of common stock were issued on July 1, 2018; the bonds have been determined to be dilutive. 36,000 shares of common stock were issued on November 1, 2018. 24,000 shares of common stock were purchased on December 1, 2018. What is the weighted average number of shares to be used in the calculation of diluted earnings per share for 2018?
A. 587,000 B. 604,000 C. 612,000 D. 579,000
On the statement of cash flows prepared using the direct method, cash paid for income taxes would be income tax expense minus
A) an increase in income taxes payable. B) a decrease in income taxes payable. C) beginning income taxes payable. D) ending income taxes payable.
Imagine that you are the general manager of the student union at your school. Explain the six areas of organizational control and how each is relevant to improving the students' satisfaction with the operation of the union.
What will be an ideal response?
The gender difference in the ________ to initiate negotiations can play out with dramatic effects in the arena of job and salary negotiation.
Fill in the blank(s) with the appropriate word(s).