Which of the following types of business does not require an attorney to set up?

Sole proprietorship

Partnership

Corporation

LLC

Vanya Inc.'s charter authorizes 1,000 shares of stock at a stated value of $1 per share. Vanya sells 50 shares of stock at its initial offering for $10 per share.

Sarah earned $2,500 as a life guard over the summer. This was her only job and income taxes were deducted from her paychecks by her employer. For filing a tax return, what should Sara do?

What are the definition and purpose of a business? A business provides goods or services in exchange for ___. The goal of a business, if it wants to survive over time, is to ___.

Which method is not used to preserve food?

Oberon is a salesperson for Precision Instruments, Inc. He tells Quad, a customer, that adevice has a certain capability when, as Oberon knows, it does not. In reliance, Quad buys the device. Liable for this misrepresentation isa.

true or false Activity cost pools are factory overhead costs initially budgeted for activities, such as machine usage, inspections, moving, production setups, and engineering activities.

Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts.

A company is considering purchasing a machine for $21,000. The machine will generate an after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. What is the payback period for the new machine? a. 4 years. b. 6 years. c.

A company purchased a delivery van for $15,500 with a salvage value of $2,300 on September 1, Year 1. It has an estimated useful life of 4 years.

Money has a time value because