Managers of LLCs (limited liability companies) are not personally liable for the debts, obligations, and liabilities of the LLC they manage

Indicate whether the statement is true or false


TRUE

Business

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Disregarding cash flows with owners, over sufficiently long periods of time, net income equals:

a. revenues minus dividends and expenses b. assets minus liabilities c. stockholders' equity d. cash inflows minus cash outflows

Business

Who might be included in a stakeholder analysis?

What will be an ideal response?

Business

What is the process of creating new products, ventures, processes, or renewal within large organizations?

A. Entrepreneurs inside B. Tech entrepreneurship C. Social entrepreneurship D. Intrapreneurship

Business

Last year National Aeronautics had a FA/Sales ratio of 40%, comprised of $250 million of sales and $100 million of fixed assets. However, its fixed assets were used at only 75% of capacity. Now the company is developing its financial forecast for the coming year. As part of that process, the company wants to set its target Fixed Assets/Sales ratio at the level it would have had had it been operating at full capacity. What target FA/Sales ratio should the company set?

A. 28.5% B. 30.0% C. 31.5% D. 33.1% E. 34.7%

Business