A single-member LLC is taxed as a partnership.
Answer the following statement true (T) or false (F)
False
Single-member LLCs are taxed as sole proprietorships.
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________ involves cultivating opinion leaders and getting them to spread information about a product or a service to others in their communities
A) Sales promotion B) Indirect marketing C) Buzz marketing D) Stealth marketing E) Public relations
The inventory of a product has decreased during the month by 12,000 units. Per unit costs are as follows: Variable Fixed Per unit manufacturing costs for the period $10.00 $2.00 Per unit operating expenses of the period $5.00 $1.00 What is the effect on income from operations if absorption costing is used rather than variable costing?
a. $24,000 decrease b. $36,000 increase c. $36,000 decrease d. $24,000 increase
Why do mergers and acquisitions sometimes fail to produce anticipated results?
A. The hoped for outcomes and changes to existing operations may not eventuate. B. Gains in competitive capabilities quickly materialize. C. Key employees at the acquired company can quickly become disenchanted and leave. D. Efforts to mesh corporate cultures go smoothly. E. Cost savings are equal or better than expected.
What actions can the SEC take against a violator of the Securities Exchange Act of 1934?
A) It may seek injunctions in Federal District Court. B) It may enter into consent orders with defendants. C) It may seek a court order requiring defendants to disgorge illegal profits. D) It may seek civil penalties up to three times the illegal profits from insider trading. E) All of the above