A new business has been formed and anticipates raising equity investment from more than 100 individual investors, none of whom are venture capital funds. The business is seeking pass-through taxation, various classes of stock, and limited liability to all investors. The most suitable form of entity is a:a. C corporation
b. S corporation
c. Benefit corporation
d. Limited liability company
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A new business has been formed and anticipates raising equity investment from more than 100 individual investors, none of whom are venture ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Suppose the government enacts a new law, which requires all tattoo parlors to pass strict licensing tests and also to use a new more costly sterilization process of their tattoo tools. This new law would cause a.
Answers (1)
The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,057. A total of 37 direct labor-hours and 194 machine-hours were worked on the job.
Answers (1)
Prepare journal entries to record each of the following transactions of a merchandising company. The company uses a perpetual inventory system and the gross method. Nov. 5 Purchased 600 units of product at a cost of $10 per unit.
Answers (2)
Suppose that the inflation rate is 2% and the real terminal value of an investment is expected to be $82,500 in 4 years. Calculate the nominal terminal value of the investment at the end of year 4. $85,800 $84,150 $89,301 $87,515
Answers (1)
The Fed funds rate is the rate that: banks charge to lend foreign exchange to customers. banks charge for loans to corporate customers. banks charge each other on loans of excess reserves. banks charge securities dealers to finance their inventory.
Answers (1)
New Questions in Business
In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was 125 and the average nominal level of income was $32,000. What happened to real income from year 1 to year 2?
Answers (1)
Coral Think Inc. is a new company in the publishing industry. It has raised sufficient capital from multiple sources. It is planning to use its capital to purchase certain assets.
Answers (1)
During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000.
Answers (1)
The partnership agreement of E Smith and N Patel state that Smith receives 30% and Patel 70% of partnership income and losses. The partnership net income is $100,000 and is allocated to the partners when the income summary account is closed.
Answers (1)
What causes changes from one phase of the business cycle to another?
Answers (1)