In which of the following organization forms are the owners' legal responsibility for the debt of the business limited to the amount they invested in the business?
A) Sole proprietorship
B) Corporation
C) Partnership
D) Cooperative
B
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Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The amount of the cash paid on August 16 equals:
A. $8,250.00. B. $8,152.50. C. $9,652.50. D. $8,167.50. E. $9,750.00.
The minimum number of workstations depends upon the set of task times and the precedence chart, but not the number of units scheduled
Indicate whether the statement is true or false
From the graph given below, identify the sales revenue line
A) OB B) AC C) AD D) AE
A firm expects to have funds of $150,000 idle for 60 days. If the firm could purchase marketable securities yielding 10 percent and pay brokerage fees of $1,500, the firm ________
A) should make the investment since interest earned exceeds brokerage fees B) should not make the investment since the required rate of return is less than the cost of investment C) should leave the $150,000 in cash D) should invest the funds for more than 60 days due to the favorable rate