A limited liability company, unlike an S corporation, can have members that are corporations, partnerships, or nonresident aliens
Indicate whether the statement is true or false
True
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In the basic EOQ model, if annual demand is 50 units, carrying cost is $2 per unit per year, and ordering cost is $15, what is the EOQ?
What will be an ideal response?
The Employee Retirement Income Security Act (ERISA) governs which of the following?
a. retirement and pension plans b. health insurance c. childcare subsidies d. all of these e. a and b only
Identify which of the following statements is true.
A) A parent corporation cannot liquidate a subsidiary corporation (having but a single class of stock) and avoid recognizing its realized gain unless the parent corporation owns at least 80% of the subsidiary's stock. B) The liquidation of a subsidiary corporation must be completed within one tax year to receive nonrecognition treatment. C) The provisions permitting a tax-free liquidation of a subsidiary corporation apply to both corporate and noncorporate shareholders of the subsidiary. D) All of the above are false.
Everyone responds differently to risk. When it comes to business risk, small business owners are mostly risk seeking rather than risk averse.
Answer the following statement true (T) or false (F)