Limited liability companies may elect to be taxed as corporations.
Answer the following statement true (T) or false (F)
True
An LLC can affirmatively elect to be taxed as a corporation.
You might also like to view...
Kara believed she could finish her degree early even though her advisor told her she wouldn’t succeed. This is an example of ______.
A. Pygmalion Effect B. Galatea Effect C. Golem Effect D. deception
Janice, Carlotta, and ________ are studying for our midterm together
A) myself B) me C) I D) my self c
In a ratio comparing an income statement number with a balance sheet number, the external analyst:
a. will be able to arrive at a good ratio by totaling two balance sheet numbers. b. will usually divide the income statement number by the beginning balance sheet number. c. will probably not capture changes that occur unevenly throughout the year. d. will usually divide the income statement number by the sum of the beginning and ending balance sheet numbers.
In which of the following situations can a firm's human resources department contribute to a firm's operational excellence?
A. position the firm's product or service using a clear, distinctive brand image B. hire and train exceptional employees that are willing to go the extra mile for customers C. build customer loyalty through the use of loyalty programs D. establish a high concentration of stores in heavily trafficked areas E. reinforce brand image through merchandise, service, and promotion