Willette company reported the following information at December 31, year 1 Then $64,040 is the amount of current assets on the classified balance sheet.
What is a Balance sheet?
A balance sheet is an financial statement that lists a business profits, liabilities, and equity of the company as of a certain date. For calculating investor return rates and assessing a company's capital structure, balance sheets serve as the foundation. The balance sheet, or statement of financial position, is a summary of the assets and liabilities of a corporation as well as amounts of shareholder investment. When doing basic analysis or calculating financial ratios, balance sheet can be utilized in conjunction with other crucial financial data.
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enhancing qualitative characteristics of accounting information include each of the following except:
All of the above, with the exception of comparability, are beneficial characteristics of accounting information.
Accounting Information Systems: An Understanding (AIS)
An accounting information system is a mechanism for a business to keep track of all financial and operational activity. Internal controls, data, software, procedures and instructions, people, and information technology infrastructure make up the six main parts of an accounting information system. The specifics of each component are broken down below.
For the benefit of accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators, and tax agencies, a company employs an accounting information system (AIS) to gather, store, manage, process, retrieve, and report its financial data.
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Assuming that xyz corporation has annual net sales of $468,000,000 and annual cost of goods sold of $351,000,000, what is the inventory turnover ratio for xyz corporation? a 1:1 b 2:1 c 3:1 d 4:1
Assuming that XYZ corporation has annual net sales of $468,000,000 and an annual cost of goods sold of $351,000,000, the inventory turnover ratio for XYZ corporation is 1.1. Net Sales/ Year end receivables
The better the stock turnover ratio, the higher. while the ratio is excessive, it means that you're capable of promoting goods speedily. A low ratio indicates weak income. inventory turnover is the price at which a business enterprise's inventory is offered and then replenished. A stock turnover ratio of two, for instance, suggests that you bought and replenished two times the amount of stock you stored.
The inventory turnover ratio can be determined by using dividing the fee of products offered by using the common stock for the period. typically, corporations want to see this bring about an excessive ratio rather than a low one because this commonly suggests robust sales. An excessive inventory turnover typically manner that items are offered quicker and a low turnover charge shows the vulnerable income and extra inventories.
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if apple invests in iphone dealerships in asia but does not engage in distribution in the united states (apple’s host country), then apple’s asian investment would be considered a(n) .
If Apple purchases iPhone dealerships in Asia but does not distribute its products in the United States, which serves as Apple's home market, then Apple's Asian investment would be considered a(n) Downstream vertical FDI.
More about FDI:
Foreign direct investment (FDI) is a type of cross-border investment in which a stake in and significant degree of control over an enterprise located in another country are established over time by an investor who resides in one economy.
Its types are:
1 Horizontal FDI occurs when a company uses FDI to replicate its home country-based activities in a host nation at the same value chain stage.
2 Platform FDI Direct foreign investment from a supply nation into a destination nation with the intention of exporting to a different nation.
3 Vertical FDI occurs when a company goes upstream or downstream in various value chains through FDI, or when companies carry out value-adding operations in a vertical fashion in a host nation
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too little spending in an economy often leads to a. recession b. inflation c. full employment d. efficiency
Too little spending in an economy often leads to efficiency. An economy is the production, distribution, and trading of products and services, as well as their consumption. It is described broadly as a "social domain that emphasizes the activities, discourses, and material expressions linked with the creation, use, and management of finite resources."
A given economy is a collection of activities that include as primary efficiency variables its culture, values, education, technical evolution, history, social organization, political structure, legal systems, and natural resources. These elements provide background and content, as well as the conditions and parameters within which an economy operates.
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in order to compete in a global economy, companies have to handle social changes, political changes, and cultural differences. suppose that you want to open a new franchise in russia. which of the following actions would be most beneficial to you when handling russia’s political system that is similar to guanxi? check all that apply.
In order to compete in a global economy, companies have to handle social changes, political changes, and cultural differences. option C. Negotiate slow, general agreements.
An economic system is a machine of interrelated manufacturing and consumption activities that in the end determine the allocation of assets inside a set. The production and consumption of products and offerings as a whole satisfy the desires of those living and working inside it.
Guanxi is traditionally a term used in China to point to a system that runs personal connections and a network of favors. Demand that the franchise be operated according to U.S standards is obviously wrong
Disclaimer:- your question is incomplete, please see below for the complete question.
a. Open multiple franchises at once.
b. Demand that the franchise be operated according to U.S. standards.
c. Negotiate slow, general agreements.
d. Establish a joint venture with the Russian government.
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osha issues standards to protect you and other employees from which hazards. drag and drop the item into the appropriate category
Osha issues standards to protect you and other employees from the various hazards.
What are the various hazards Osha issues standards to protect you and other employees?
Fall Protection, constructionRespiratory Protection, general industryLadders, constructionHazard Communication, general industry Scaffolding, constructionFall Protection Training, constructionControl of Hazardous Energy (lockout/tagout), general industryEye and Face Protection, constructionPowered Industrial Trucks, general industryMachinery and Machine Guarding, general industryTo learn more about Osha issues standards, refer to:
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An economist for a computer company predicts that a rise in consumer incomes will increase the demand for consumers. This prediction assumes that:________
An economist for a computer company predicts that a rise in consumer incomes will increase the demand for consumers. This prediction assumes that: computers are normal goods.
A normal good is a sort of good in economics that sees an increase in demand as a result of an increase in income, as opposed to inferior products, for which the opposite is seen.
In microeconomics, supply and demand are economic theory that explains how prices are determined in a market. All other things being equal, it is assumed that in a competitive market, the unit price for a particular good or other traded goods, such as labor or liquid financial assets, will fluctuate until it settles at a point where the quantity demanded equals the quantity supplied, producing an economic equilibrium for price and quantity transacted.
Personal computers are more in demand as income levels rise. It suggests that as the supply and demand curves for computers rise, so will the cost and accessibility of computers.
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If the cycle time is 2 minutes/customer then how many customers are served per hour?
Answer:
30Explanation:
1 cycle takes 1 customer in 2 minutes
1 customer = 2 minutes
x customers= 1 hour ( 60 mins. )
Cross multiply
2*x = 1* 60
2x = 60
Divide both sides by the coefficient of x ( 2 )
60÷ 2 = 30
Therefore 30 customers are being served in 1 hour.
Pls follow and vote as well. Thanks
The marketing strategy that focuses on attracting, maintaining, and enhancing customer relationships is referred to as?
The marketing strategy that focuses on attracting, maintaining, and enhancing customer relationships is referred to as Relationship marketing.
Marketing is the interest, set of establishments, and methods for creating, communicating, turning in, and replacing offerings that have value for customers, clients, partners, and society at huge.
It's miles, in quick, a movement taken to carry attention to a commercial enterprise' services; they can be bodily goods for sale or services presented. not unusual examples of advertising at paintings encompass tv advertisements, billboards on the side of the street, and mag classified ads.
The 4 ps of marketing and marketing—product, fee, place, and merchandising—are often called the advertising and marketing mix. those are the important thing elements involved in making plans and advertising and marketing a product or service, and they have interaction significantly with every other.
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project management offices (pmos) support effective project management in all of the following ways except:
Project management offices (pmos) support effective project management in all of the following ways except delivering specific project objectives and controlling the assigned project resources to best meet objectives of the project.
What is a Project Management Office?
For a brief definition to get you going, consider this:
A project management office, or PMO for short, office inside a company that establishes and upholds project management standards. The Project Management Office offers standards and guidelines for carrying out projects. They establish measurable objectives that are in line with the overall organization's vision and make sure all deadlines are reached.
Project templates, standardized procedures, educational recommendations, and technique suggestions are all examples of guidance. Consider the PMO as your project's support; they are situated in the middle of a project team and provide guidance and organization.
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Using a celebrity spokesperson in order to sell a product is an example of using the influence of _______ leaders.
Using a celebrity spokesperson in order to sell a product is an example of using the influence of opinion leaders.
what do you mean by opinion leader?Opinion leaders are people who apply a significant sum of impact inside their organize and who can influence the opinions of associated people. opinion leaders play an vital part inside the two-step stream of communication model, where data is exchanged from the mass media to the open to begin with from the media to opinion leaders and after that from opinion leaders to the larger gathering of people.
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The pcaob conducts a program of regular inspections to assess the degree of compliance of registered accounting firms with the rules and professional standards of the ______.
The PCAOB conducts a program of regular inspections to assess the degree of compliance of registered accounting firms with the rules and professional standards of the generally accepted auditing standards (GAAS).
Accounting, also known as accountancy, is the measurement, processing, and conversation of monetary and noneconomic data about monetary entities which include organizations and groups.
Fundamental accounting records and well-known shows coins flows and operations. It divides all commercial enterprise transactions into credits and debits. The definitions of these are particularly counterintuitive in monetary accounting: Debits increase asset or fee bills and reduce liability or fairness bills.
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A 5% decline in the price of cut flowers results in a 3% increase in the quantity demanded. Therefore, the demand for cut flowers is ______.
A five% decline in the fee of cut plant life results in a 3% boom in the quantity demanded. therefore, the demand for reducing plants is inelastic.
Demand is the quantity of a very good that purchasers are inclined to and capable of buying at various prices throughout a given time. the relationship between price and quantity called for is also known as the demand curve.
Demand clearly method a patron's preference to buy items and services with no hesitation and pay the price for it. In simple phrases, the call for is the range of goods that the clients are ready and willing to buy at numerous prices for the duration of a given time body. for instance, if a customer is hungry and buys a slice of pizza, the first slice could have the greatest benefit or utility. With each extra slice, the client becomes happier, and utility declines. In concept, the primary slice may fetch a higher price from the client.
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Zeke company sells 25,500 units at $17 per unit. variable costs are $10 per unit, and fixed costs are $35,200. the contribution margin ratio and the unit contribution margin, respectively, are:__________-
Answer:
margin ratio = 0.41 unit contribution margin = 7
Explanation:
contribution margin ratio = (revenue - variable cost)/ revenue
revenue = 25500 * 17 = 433500
total variable cost = 25500 * 10 = 255000
(433500 - 255000)/433500
178500/433500 = 0.41
unit contribution margin = (Revenue – Variable Costs) / Units Sold
= (433500 - 255000) / 25500
= 178500/ 25500
= 7
Which potential government policy reflects the broad economic goal of freedom?
A.) Allowing parents to choose between public and private schooling for their children, through vouchers
B.) Allowing the National Park Service to initiate a program of controlled forest fires to clear undergrowth
C.) Increasing funding for space exploration to boost high-tech employment and develop new technologies
D.) Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged
Answer:
Allowing parents to choose between public and private schooling for their children, through vouchers
The potential government policy that reflects the broad economic goal of freedom is allowing parents to choose between public and private schooling for their children, through vouchers. Thus, option A is correct.
What is the economic goal?Efficiency, equity, economic freedom, full employment, economic development, security, and stability are all national economic goals. Economic objectives are not always mutually inclusive; the cost of addressing any single goal or group of goals is that there are fewer resources available to devote to the remaining goals.
Economic objectives are the interwoven production, consumption, and trade activities that help a nation or organization manage its resources.
Parents are allowed to choose among public and private schools for their children through vouchers is one potential government policy that supports the larger economic objective of freedom. As a result, option A is correct.
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Trisha wishes that she and Bo could become better friends. This is an example of an economic want
The statement that Trisha wishes that she and Bo could become better friends and this is an economic want is FALSE.
What are economic wants?An economic want refers to one that has to do with satisfying a want or a need by using products, services, or a leisure activity. In order words, economic wants can only be satiated by the person consuming something that is either tangible or intangible.
Another way to describe an economic want is that it is something that can only be satisfied if a person spends money on it.
Trisha wants to be better friends with Bo and this is a want that cannot be satisfied by Trisha consuming something. It is a want that needs to be worked on for it to come to pass. This means that this want is a noneconomic want.
In conclusion, this is not an economic want.
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Since broad product-markets can have many submarkets, target marketers have ______.
Since broad product markets can have many submarkets, target marketers have a choice among many possible target markets.
In economics, the product marketplace is the marketplace in which very last goods or offerings are offered to companies and the public sector. Focusing on the sale of finished items, it does now not consist of buying and selling in uncooked or other intermediate substances. related, however contrasting, terms are economic marketplace and labour market.
Product markets seek advice from markets wherein all varieties of items and offerings are made and traded, as an example the market for airline journey; clever-phones, new automobiles; pharmaceutical products and the markets for monetary services together with banking, mortgages and pensions.
Product advertising is the process of bringing a product to marketplace. This includes figuring out the product's positioning and messaging, launching the product, and ensuring salespeople and customers understand it. Product advertising goals to drive the call for and utilization of the product.
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The value of a product offering is determined by the customer and varies accordingly. how does a retailer like walmart deliver value differently than banana republic?
Walmart is known for its capacity to provide "items so darn cheap you can't believe it." But Walmart's business model is more than just low prices.
To compete with Amazon and other online retailers, Walmart has expanded its omnichannel experience to include online ordering and in-store pickup. According to Packaged Facts, Walmart's "click-and-collect" grocery sales will increase by 154% on average per year from 2017 through 2021. Customers who buy for groceries online at Walmart are attracted by the low pricing, one-stop convenience, brand availability, and curbside service.According to Packaged Facts, financial services and related goods produce approximately $1.6 billion in revenue. This figure does not even include money generated by Walmart's partners, which include Green Dot, MoneyGram, and Synchrony Financial.Another area where Walmart excels is in the sale of pet supplies. According to Packaged Facts, more pet owners buy from Walmart than any other shop. 43 million of the 67 million pet-owning families in the United States shop at Walmart.Furthermore, a sizable share of consumers are purchasing more pet supplies from Walmart than they were a few years ago.
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The rules of _______ are slightly different depending on whether the instrument is bearer or order paper.
The rules of negotiation are slightly different depending on whether the instrument is bearer or order paper.
The goal of negotiation is to obtain an agreement or deal on one or more contentious issues between two or more parties. negotiation involves interactions between entities that aim to reach a consensus deal on issues of shared interest. The deal may be advantageous to all or some of the participants. All parties concerned with deal attempt to prevent conflict through negotiation while agreeing on a compromise. Buyers and sellers, an employer and a potential employee, a government of two or more nations, or other parties deals can all be negotiating parties. In negotiations, two or more parties work together to find a deal or a solution that is acceptable to all parties in order to achieve a specific deal end objective.
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debt management ratios zoe's dog toys, inc. reported a debt to equity ratio of 0.5 times at the end of 2011. if the firm's total assets at year-end are $50 million, how much of their assets is financed with equity?
$ 33.33 m part of asset is financed by equity.
We know that Debt to equity ratio is equal to :
D/E = Total Liabilities / (Total Assets - Total Liabilities)
Let Total liabilities be X
0.5 = X/(50-X)
0.5(50-X) =X
25-0.5X=X
25/1.5 = X
X=16.67
This is the total liability .Then (50-16.67) =$ 33.33 m part of asset is financed by equity.
A liability is some thing a person or organization owes, usually a amount of money. Liabilities are settled through the years via the switch of monetary advantages which includes money, goods, or services.
Legal responsibility is described as the nation of being responsible for some thing or some thing that a person is answerable for an instance of legal responsibility is a person having to pay again student loans. An example of liability is charge for a car twist of fate.
Liabilities usually represent debts for running charges, which includes accounts payable, wages, and taxes. Further, payments on lengthy-time period debt owed in the subsequent year will be listed in contemporary liabilities. As an instance, if you have a 30-year mortgage for your constructing, the next year worth of bills owed could be listed in the cutting-edge liabilities segment while the closing stability might be shown as a long-time period liability.
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Marketing, production, and sales are all involved in the the core business process known as ______. multiple choice question.
Marketing, production, and sales are all involved in the the core business process known as operations
The field of management known as operations management is tasked with planning, organizing, and directing the production process as well as revamping internal business processes for the creation of goods and services. It entails the accountability for making sure that company operations are effective in satisfying client needs while utilizing the fewest resources possible.
Managing a whole production or service system, which is the process that turns inputs (in the form of raw materials, labor, consumers, and energy) into outputs (in the form of goods and/or services for consumers), is what this topic is all about. Operations generate products, oversee quality, and design services.
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The total annual income received by residents of a single nation is reflected in which official measure?.
The total annual revenue obtained by residents of an available nation is mirrored in which official action is Gross national income.
What is Gross national income?Gross National Income (GNI) is the totality of all the money that a country's residents and businesses have created. It is used to gauge and chart a country's wealth through time.The sum of the country's gross domestic product (GDP) and its foreign-source revenue is the figure. The definition of gross national income (GNI) is gross domestic product + net foreign receipts from employee remuneration, property income, net taxes fewer production subsidies. Gross domestic product plus factor incomes received by overseas residents, less income gained in the domestic economy by nonresidents, is the total domestic and international production claimed by residents of a country. Gross national income, formerly known as a gross national product, is the same thing.To learn more about Gross national income, refer to:
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What part of the financial section of a marketing plan provides readers of the plan a bottom-line estimate of the organization's profitability?
The financial portion of a marketing plan's sales forecast gives readers a general idea of how profitable the company is.
What is Sales forecasting?
Sales forecasting is the practise of estimating how much income a business, group of people, or individual will produce over a certain period of time. This may be a day, a week, a month, a quarter, or even a year. In order for a company's leadership to efficiently manage day-to-day operations and future-proof its strategic vision, the ability to estimate revenues is essential.One of the most crucial things a firm does is sales forecasting. It supports budgeting and personnel across the board for an organisation, as well as sales planning.The success of a corporation depends on producing an accurate sales forecasting. It affects everything from hiring to payroll to compensation to inventory control to marketing. If a projection is missed, public corporations may swiftly lose trust.To know more about Marketing plan visit:
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On the cboe, customer good-til-canceled orders are handled by the? a specialist (dmm) b market maker c order book official d floor broker
Trending market according to the Efficient Market Hypothesis (EMH), markets cannot be predicted using historical information like price or earnings data.
This seems to imply that prices should eventually display a random walk. Although trends appear to be an outlier in this model, they are not. Trends are widespread in all asset classes since random data in any series tends to trend more often than not.
Trending market Investors, traders, and technical analysts may find several trading opportunities in a market that is trending. For the purpose of placing investment trades, technical analysts will analyze the price history of an asset or market index to discover trending directions. Investors may also follow an index's trend line if it acts as a benchmark for a particular security. these popular Market lines are an extra indicator for market trends that may be used as an overlay on a security price chart.
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Costs that a firm has to endure even when its investment turns out to be unsatisfactory are referred to as _____.
Costs that a firm has to endure even when its investment turns out to be unsatisfactory are referred to as Sunk costs.
What are sunk costs?These are the costs of a project that a company has already incurred and so cannot recuperate in the event that the investment turns out to be unsatisfactory.
Sunk costs are not considered when a company needs to make a decision to either continue a project or leave it behind.
In conclusion, when a company has costs that they need to endure even when its investment turns out to be unsatisfactory, these are Sunk costs.
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How many ase tests must be passed to become a master automotive technician?
eight exams total is necessary to pass in order to become a master automotive technician.
The required details for automotive technician in given paragraph
Who is a Automotive technician
As "a person who is trained or skilled in the technicalities of a subject," a technician is defined as "a person who is skilled in the technicalities of a subject."
Although this term is frequently used to refer to computer or lab technicians, it is also used in the automotive industry to describe automotive technicians. Like mechanics, technicians have specialized in technology, and they include motorbike, diesel, and marine technicians.
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flexibility represents the maximum throughput a system can deliver, for example the capacity of a hard drive represents the size or volume.
Capacity The major storage component found inside a computer system is an internal hard disk.
It often includes the operating system, pre-installed software programs, and other files. The majority of desktop computers feature multiple internal hard drives, which enables them to offer more data storage. 16, 32, and 64 gigabytes.
It is common to find older and smaller devices in this class, which is among the lowest for HDD storage space. 120 and 256 gigabytes. In general, this price range is regarded as the entry level for HDD devices such laptops or computers.
The size of a hard drive, expressed in gigabytes and terabytes. The amount of data that must be kept, which is frequently significantly larger than the available space, is used to calculate the necessary hard drive capacity.
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Investors who believe that interest rates will rise most likely prefer to invest in?
Investors who accept that interest rates will rise most probably prefer to invest in inverse floaters.
Which types of investments are most sensitive to interest rate risks?Since interest rates and bond costs are inversely correlated, the risk associated with a peak in interest rates causes bond costs to fall, and vice versa. Bond investors, especially those who fund in long-term fixed-rate bonds, are more instantly exposed to interest rate risk.
Bonds have an inverse connection to interest rates. When the cost of borrowing funds rises (when interest rates rise), bond costs usually fall, and vice-versa.
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The workplace has been on track towards digital transformation for years , but the covid-19 pandemic pushed companies to move to online communications. do you think companies will go back to traditional ways of communicating as global covid-19 cases keep dropping or will digital communication be maintained? support your answer with relevant evidence from research and examples.
No, The companies will not go back to traditional ways of communicating even though global covid-19 cases keep dropping. Yes, digital communication will be maintained.
Data communication, often known as digital communications, is the transfer and reception of data across a point-to-point or point-to-multipoint communication channel in the form of a digital bitstream or a digitized analog signal.
The messages produced by the source—which are typically in analog form—are transformed into digital format in a digital communication system before being transferred. The received digital data is transformed back to analog form at the receiving end, roughly reproducing the original message. Communication is more crucial than ever in today's digital environment. Digital communication has several advantages, including the capacity to interact with individuals from all over the world and the capacity to communicate more effectively and efficiently.
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Which organization most fully protects owners from personal liabilities and is taxed separately?
A C corporation is one which is taxed separately and protects the owners from personal liabilities.
A employer, every so often referred to as a C corporation, is a legal entity it is become independent from its owners. Businesses could make a income, be taxed, and may be held legally in charge. Organizations provide the strongest protection to its owners from personal liability, but the fee to shape a organization is higher than different systems.
C agencies are typically publicly traded businesses owned by using shareholders. They vary from different enterprise structures within the manner they may be taxed. C groups are the most common form of company structure in the us. These commercial enterprise systems are taxed as a separate entity from the business proprietor.
An S corporation isn't always a separate taxable entity. It files an facts go back however now not an earnings tax go back. The employer's earnings, losses, and different tax items bypass through to its shareholders, who pay their share of the organization's income on their personal profits tax return at the private income tax rate.
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