In an LLC, how are profits and losses reported?

a. on individual tax returns
b. on the corporation’s tax return
c. on both the corporate and individual tax return
d. on either the corporate or individual tax return


a. on individual tax returns

Business

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The General Electric "strategic planning grid" forces company managers to make three-part judgments (high, medium, and low) about the business strengths and industry attractiveness of all proposed or existing product-market plans.

Answer the following statement true (T) or false (F)

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The y-intercept of the density function for an exponential distribution with parameter 10 is ____________________

Fill in the blank(s) with correct word

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The F-test in ANOVA requires that the random variable be ____________________ distributed with equal ____________________

Fill in the blank(s) with correct word

Business

Vera has a key supplier for her business who was facing cash flow problems which would impair Vera's ability to get shipments of key components for her production. Vera made a $10,000 loan to the supplier. Unfortunately the supplier filed for bankruptcy and has gone out of business without repaying Vera. Vera will be able to recognize a loss of

A) $10,000. B) $3,000. C) $7,000. D) 0.

Business