In which of the following cases does the conversion of an existing business to an LLC (limited liability company) take effect?

A) when the articles of organization are filed with the secretary of state
B) when the members enter into an agreement of conversion
C) when an operating agreement is finalized by the members
D) when the first certificate of interest is issued


A

Business

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Mobile Power Corp reported the following information for the year ended December 31, 2016. Revenue $ 40,000 Expenses 23,000 Dividends 10,000 Retained earnings at December 31, 2016 175,000 What was the retained earnings balance for Mobile Power at December 31, 2015?

a. $ 165,000 b. $ 168,000 c. $ 182,000 d. $ 192,000

Business

Which of the following statements is incorrect about digital signatures?

A. A digital signature is an encrypted message digest. B. A digital signature is a message digest encrypted using the document creator's public key. C. A digital signature can ensure data integrity. D. A digital signature also authenticates the document creator.

Business

A continuous random variable may assume

A. any numerical value in an interval or collection of intervals. B. finite number of values in a collection of intervals. C. an infinite sequence of values. D. only the positive integer values in an interval.

Business

How do individual factors affect the business buying decision process?

What will be an ideal response?

Business