Question

Which of the following is NOT an advantage of a C corporation? 1. it is easier...

Which of the following is NOT an advantage of a C corporation? 1. it is easier to raise capital by selling stocks 2. shareholders are only liable up to the amount of their investments 3. shareholders acquire ownership through their investment or 4. the corporation only pays taxes on dividends and distributions.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following is considered an advantage of an S corporation? a. The number of...
Which of the following is considered an advantage of an S corporation? a. The number of shareholders is limited to 100. b. Only one class of stock may be outstanding. c. The business may be a foreign corporation. d. There is pass-through of ordinary loss to the shareholders e. There are no restrictions on who may be a shareholders
‏____ 17. Which of the following statements is CORRECT? a. It is usually easier to transfer...
‏____ 17. Which of the following statements is CORRECT? a. It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship. b. Corporate shareholders are exposed to unlimited liability. c. Corporations generally face fewer regulations than sole proprietorships. d. Corporate shareholders are exposed to unlimited liability, and this factor may be compounded by the tax disadvantages of incorporation. e. There is a tax disadvantage to incorporation, and there is no way...
Corporation A owns 10% of Corporation C. The marginal tax rate on non-dividend income for both...
Corporation A owns 10% of Corporation C. The marginal tax rate on non-dividend income for both A and C is 21%. Corporation C earns a total of $200200000 before taxes in the current year, pays corporate tax on this income and distributes the remainder proportionately to its shareholders as a dividend. In addition, Corporation A owns 40% of partnership P that earns $500200000 in the current year. Given this fact pattern, answer the following questions: a. How much cash from...
1. In​ 2017, Gigajoule Corporation used the equity method to account for a​ 25% ownership interest...
1. In​ 2017, Gigajoule Corporation used the equity method to account for a​ 25% ownership interest in Megawatt Corporation. If Megawatt Corporation reports​ $400,000 of income and pays​ $80,000 of dividends in​ 2017, the net effect of the entries made by Gigajoule Corporation in 2017 will be​ to: A. reduce the Investment account by​ $320,000 B. increase the Investment account by​ $320,000 C. reduce the Investment account by​ $80,000 D. increase the Investment account by​ $80,000 2. Investments at fair...
Which of the following investments has the biggest tax advantage? a. Municipal bonds b. Corporate bonds...
Which of the following investments has the biggest tax advantage? a. Municipal bonds b. Corporate bonds c. Stocks d. Commercial paper Companies with limited earnings and strong growth opportunities a. Generally pay high dividends b. Are speculative stocks c. Generally do not pay high dividends d. Are called blue-chip stocks ANSWER ALLLL
1. Which of the following is not a correct statement regarding the advantage of the partnership...
1. Which of the following is not a correct statement regarding the advantage of the partnership entity form over the C corporation form? a. Partnership income is subject to a single level of taxation; corporate income is double taxed. b. Partners in a general partnership have less personal liability for entity claims than shareholders of a C corporation. c. A partnership typically has easier administrative and filing requirements than does a C corporation. d. Partnerships may specially allocate income and...
Which of the following are attributes of a Subchapter S corporation? The corporation pays income taxes...
Which of the following are attributes of a Subchapter S corporation? The corporation pays income taxes on all corporate income. The corporation has the double toxation probiem. None of the other answers are correct When the carporation distributes dividends,income taxes are pald at the sharehclder's rate.
1. In the calculation of operating cash​ flow, which of the following is the correct formula...
1. In the calculation of operating cash​ flow, which of the following is the correct formula for calculating​ taxes? A.​(EBIT –​ Interest) x T B.EBIT x T C.EBITDA x T D.(EBITDA –​ Interest) x T 2. True or False. When net working capital​ declines, free cash flow goes up. 3. True or False. When calculating the investment in net working capital​ (for free cash​ flow) you should use the regular accounting definition of net working capital. 4. Which of the...
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 124,000 shares...
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 124,000 shares of $12 par common stock. 9,000 shares of $90 par, 4 percent, noncumulative preferred stock. On June 10, Weaver Corporation declared the annual cash dividend on its 9,000 shares of preferred stock and a $3 per share dividend for the common shareholders. The dividends will be paid on July 1 to the shareholders of record on June 20. Required a. Determine the total amount...
Two years ago, Advantage Appliance, Inc., an S corporation, purchased a plot of investment land for...
Two years ago, Advantage Appliance, Inc., an S corporation, purchased a plot of investment land for $208,000. This year, Advantage Appliance distributed the land, now worth $377,000, to Phillipa, its majority shareholder. If an amount is zero, enter, "0". a. Determine the effects of the distribution on the gross income of Advantage Appliance and Phillipa, and on Advantage Appliance’s AAA balance. As a result of the distribution, Advantage Appliance recognizes a capital gain of $_________ which increases Advantage Appliance’s AAA...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT