Debra wanted to form a partnership with Lawrence. He agreed and they became co-owners in an equal partnership. This year, after expenses, the partnership had a profit of $200,000 . How will the taxation of this profit be handled?
a. Since the partnership was Debra's idea, she will pay income tax on the profit on her personal tax return.
b. The business will pay half of the tax liability and Debra and Lawrence will pay the other half.
c. Debra and Lawrence must both pay tax on the business's profit.
d. The business itself will pay the taxes on the business's profit.
c
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Pedro, CEO of a successful IT company, is constantly reading press releases, ads, and news articles about his competition. He regularly checks information about new competitive products and visits trade shows to study his competition. Pedro is involved in
A. environmental observation. B. TQM. C. corporate spying. D. management by observation. E. competitive intelligence.
In the ________ step of the market segmentation process, the marketer evaluates the segment using criteria such as market growth and market access
A) need-based segmentation B) segment identification C) segment attractiveness D) segment profitability E) segment "acid test"
Which of the following is NOT a standing plan?
a. policies b. programs c. procedures d. rules
Which statement about the use of e-mail in today's workplace is most accurate?
A) Most messages in today's workplace are sent by e-mail. B) Businesses use memos more frequently than e-mail messages to communicate internally with employees. C) Only managers and top-level business executives use e-mail to communicate with others. D) Today's workers spend very little time writing e-mail messages.