When deciding the form of organization of a new business the factors to consider would be all of the following except:
A) The need to raise large amounts of capital.
B) The need for continuity in business operations.
C) The potential profits of the organization.
D) The personal liabilities of the owners.
Correct Answer:
Verified
Q25: Which of the following is a characteristic
Q26: Retained Earnings represents:
A)The profits of the company.
B)The
Q27: Partner A earns $68,000 from a partnership.Partner
Q28: Sally Smythe enters into a partnership by
Q29: "Double taxation" means:
A)A corporation must pay double
Q31: When a corporation declares a dividend:
A)Assets decrease,liabilities
Q32: The Board of Directors of a corporation:
A)Is
Q33: Net income in a partnership may not
Q34: In order to form a corporation,the corporation
Q35: The journal entry when a dividend is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents