Assume that after reviewing your presentation for the Unit 10 Assignment where you compare and contrast different types of business entities, Daniel Hudson and the other partners have decided to convert eHarbour from a general partnership to a limited liability company (LLC). Discuss the steps that the company must take to convert from a general partnership to a limited liability company in the State of Florida.
What fees are involved?
Who should be the registered agent?
What are the renewal requirements to maintain the business after forming a limited liability company?
Should the LLC be a member-managed LLC or a manager-managed LLC?
What formal name is required for the LLC?
In addition, discuss whether the new limited liability company should elect to be treated as a subchapter S Corporation for tax purposes and what steps are needed to take the S Corporation election.

Step 2 - employees submit suggestions for new investments, Step 4 - top management attends a retreat to set long-term goals, 3. Step 3 - the company builds a new factory

The capital budgeting process is a method of analyzing potential investments or projects in order to determine whether they are worth pursuing. It involves several steps, including identifying potential projects, gathering relevant information, evaluating the costs and benefits of each project, and selecting the best options for investment.

Monitoring and Reviewing: This step involves assessing the performance of a project after it has been implemented. In this case, the manager evaluates the progress one year into the project.

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Answer:

Free car insurance is an incentive for college graduates and first time buyers sheerly because of the price. College graduates and the like usually do not have the wealth to spend too much on car insurance.

Explanation:

Depending on the level of full employment, the point can be on or inside the PPF.

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Technology enables an increase in the efficiency of systems, products, and services. It helps track and streamline strategies, hold records go with the flow, and control contacts and employee records.

In reality, this expanded efficiency in operation enables lessened costs as well as allows the commercial enterprise to develop swiftly.

Technology has vital consequences on commercial enterprise operations. Irrespective of the scale of your business enterprise, technology has both tangible and intangible advantages that will help you make money and produce the results your customers demand. Technological infrastructure affects the subculture, performance, and relationships of a business.

The use of technology has made commercial enterprises and clients closer in many areas. E-mail and Social Media are getting used for answering queries related to products and services with clients. Giving customers all feasible methods to contact the agency is simple with the latest technology and packages over the internet.

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Answer:

4) what is analysis skill? why is it important in busines?

answer:

Analytical skills are important because they allow people to find solutions to various problems and make concrete decisions and action plans to solve those problems.

Based on the fact that McDonald's is increasingly finding that its foreign franchisees are a source of valuable new ideas, the aspect of creating value is McDonald's taking advantage of in this instance is Subsidiary skills

This refers to the term that is used to describe the independent company that has over 50% of its shares owned by another company.

Hence, it can be seen that from the given scenario about McDonalds and their discovery on the valuable new ideas which their foreign franchisees bring, they are taking advantage of subsidiary skills to create value.

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While other financial statements like the Balance Sheet and Cash Flow Statement are important for a comprehensive analysis of the medical center's financial position and cash flow, the Income Statement is a starting point that provides a clear picture of the medical center's revenue, expenses, and profitability.

If I were a potential contributor or investor looking at the financial statements of a local regional medical center, the document I would start with is the Income Statement, also known as the Statement of Operations or Profit and Loss Statement.

The Income Statement provides a summary of the medical center's revenues, expenses, and net income (or loss) over a specific period, typically on an annual or quarterly basis. Here's why I would choose to start with the Income Statement:

1. Overall Financial Performance: The Income Statement gives an immediate snapshot of the medical center's financial performance. It shows whether the medical center is generating a profit or incurring a loss. By looking at the net income (or loss), I can assess the financial health and profitability of the medical center.

2. Revenue Breakdown: The Income Statement breaks down the medical center's revenue sources. This allows me to understand the composition of the revenue streams, such as patient services, insurance reimbursements, government funding, or other sources. Evaluating the revenue mix helps me gauge the diversity and stability of the medical center's income sources.

3. Expense Analysis: The Income Statement provides a breakdown of various expense categories, such as personnel costs, supplies, facility expenses, and administrative costs. Analyzing the expense structure allows me to understand the medical center's cost management and efficiency. It helps identify areas of potential cost reduction or areas where expenditures may be increasing disproportionately.

4. Profitability Ratios: Using the information from the Income Statement, I can calculate key profitability ratios such as gross profit margin and net profit margin. These ratios provide insights into the medical center's ability to generate profits from its operations, allowing me to compare its financial performance with industry benchmarks or similar healthcare organizations.

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The most appropriate place to store backed-up data is off-site on a secure raid device. This will ensure that the data is secure and protected, and can be easily accessed if needed.

A RAID (Redundant Array of Independent Disks) device is a specialized disk array that is used to increase the performance and/or reliability of a computer system. It is a type of storage virtualization that combines multiple physical disk drive components into a single logical unit for the purposes of data redundancy, performance improvement, or both. RAID devices can be built with a variety of RAID levels that use techniques such as mirroring, striping and parity to provide improved read and write performance, reliability, as well as fault tolerance. The most common RAID levels used in enterprise storage environments are 0, 1, 5, 6, and 10. RAID devices are used in a wide variety of applications including data storage, backup, disaster recovery, archiving, and more.

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Answer:

580

hour × rate

80 × 7.25

Answer: False

Explanation: A website can be used for much more than just for standalone items

Websites have become an integral part of the e-commerce businesses; however, the scope of an ecommerce businesses shall NOT be restricted to be used as a standalone tool of ecommerce.

Ecommerce or electronic commerce refers to as carrying any kind of business using the internet for sale of the items available in exchange for returns in terms of profits.

Websites are the most widely used tools for conducting an ecommerce business; however, there are other tools that have helped in generating better sales of the ecommerce businesses like apps, social media marketing, affiliation, drop-shipping, etc.

Hence, it can be stated that the businesses should use websites as standalone items for ecommerce and not connect them to other commerce efforts by the business holds FALSE.

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Everyone benefits from the specialization and trade processes since they have positive net advantages. false

A Benefits Check-up will inform you of your eligibility for assistance with Medicare premiums, prescription prices, utility bills, phone bills, and other charges. The programs for elder employment, property tax relief, home energy assistance, and nutrition and food stamp programs could also be covered. Government benefits include unemployment compensation, Supplemental Nutritional Support Program benefits, Social Security benefits, and any other money or monetary value provided to a person by a Federal, State, or local government agency for the purpose of financial assistance. When a business or individual decides to concentrate their work on a certain kind of manufacturing, this process is known as specialization. In plain English, specialization refers to concentrating on a single task. When someone specializes, they narrow their concentration to a single endeavor.

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Answer:

Private Sector

Explanation:

I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint

A shareholder is an individual who holds one or more shares of stock in a public or private business. Shareholders receive ownership rights based on the percentage of corporation stock they possess.

A shareholder of a corporation is an individual or legal entity who is registered as the legal owner of shares of a public or private corporation's share capital by the corporation. Shareholders are individuals who are owners of a corporation.

To get into the nitty-gritty of the phrase, "stockholder" officially refers to the owner of the stock, which might be interpreted as inventory rather than shares." Shareholder," on the other hand, refers to the owner of a share, which may only apply to an equity position in a corporation.

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An example of purchase money is when property's value is dropping because theneighboring property's yard is filled with trash.

Purchase money can be regarded as the consideration paid or to be paid by the purchaser of property.

It involves a debt thst is been secured by the property purchased with the money borrowed

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To record the impairment of the goodwill, the following journal entry would be necessary:

To record the impairment of goodwill, there is a need to compare the carrying amount of the goodwill with its recoverable amount. The recoverable amount is the higher of the fair value of the division or the value in use. In this case, the fair value of the division is given as $1,100,000.

Given that the carrying amount of the goodwill is $720,000 and the fair value of the division is $1,100,000, determine that the carrying amount exceeds the recoverable amount, indicating impairment.

To record the impairment of the goodwill, the following journal entry would be necessary:

Debit: Goodwill Impairment Expense $100,000

Debit: Accumulated Impairment Loss - Goodwill $600,000

Credit: Goodwill $700,000

The Goodwill Impairment Expense account is debited for the amount of the impairment, which is $100,000. The Accumulated Impairment Loss - Goodwill account is debited for the carrying amount of the goodwill, which is $600,000 ($720,000 - $100,000). The Goodwill account is credited to reduce its carrying amount to its recoverable amount, which is $700,000 ($720,000 - $20,000).

This journal entry records the impairment loss on the goodwill and updates the carrying amount of the goodwill to reflect its recoverable amount.

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The rate of return for the investor is 8.33%.

First share price: The investor paid $600 for 50 shares, making the initial share price ($600 / 50 shares) $12.

Profit from the sale of shares: The investor made $650 after selling all 50 shares at a price of $13 each.

Compute the difference between the ending sum and the starting investment to determine the profit made:

$650 - $600 = $50

Rate of return: To represent the rate of return as a percentage, divide the profit by the initial investment and multiply the result by 100.

($50 / $600) * 100 = 8.33%

The rate of return for the investor is 8.33%.

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Explanation:

SUB-TOTAL:

The total for a part of a list of numbers being summed.

TOTAL:

An amount obtained by addition of smaller amounts.

Answer:

subtotal is all the different parts being added together from different list.

total is the all items being added together plus tax.

Explanation:

Answer:

The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Explanation:

The broad phrase "data strategy" is used to refer to the overall strategy for gathering and managing the data of an organization.

It consists of the procedures, frameworks, and guidelines for using data to support and guide judgments, plans, and actions.

In order to successfully support operations, decision-making, and goal-setting, a data strategy describes how data should be gathered, stored, secured, and analyzed.

It also outlines how data should be utilized to support policy, governance, and legal compliance, as well as how data should be shared within and with stakeholders outside the organization.

Data management procedures, organizational goals, and IT infrastructure must all be integrated for a data strategy to be successful.

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Answer:Some examples are poor or falling cash flow from operations (which is often needed to make the interest and principal payments), rising interest rates (if the bonds are floating-rate notes, rising interest rates increase the required interest payments), or changes in the nature of the marketplace that adversely affect

Explanation:

The preparation of cash budgets for December, January, and February for Koehl's Doll Shop are as follows:

Koehl's Doll Shop

                                                    December       January      February

Sales                                             $120,000        46,000        66,000

Total payments                            $169,400       $41,400       $41,400

Cash at the start of the forecast        $750            ---                   ---

Net cash flow                               ($49,400)       $4,600      $24,600

Cumulative cash balance           ($48,650)     ($51,050)    ($33,450)

Target cash balance                      $7,000        ($7,000)     ($7,000)

Surplus cash or loans needed  ($55,650)      $58,050    ($40,450)

A cash budget is a projection of cash receipts and payments for a period.

Cash budgets may be prepared weekly, monthly, quarterly, or yearly, as required.

Management prepares cash budgets to guide its cash flow activities and decisions, readying to invest excess cash, request loans, or generate sufficient revenue to meet its short-term obligations.

Purchases for November = $150,000

                      Sales    Purchases

December $120,000   $35,000

January         46,000     35,000

February       66,000     35,000

Other cash payments:

Koehl's salary is $4,600 monthly

Rent is $1,800 monthly

Tax $13,000 in December

Thus, preparing a cash budget enables Dorothy Koehl to appreciate the timing of cash flows.

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Answer:

B. special business standards.

Explanation:

In this scenario, Stitches Corporation enters into a contract to sell denim clothing to Trend Fashion Company, which in turn sells the clothing to consumers. In contrast to standards that apply to consumers, the uniform commercial code (UCC) imposes on merchants is the special business standards.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

There are special rules known as the special business standards that are set up by UCC governing the merchants and the sales of goods in the Article 2 of the uniform commercial code.

Answer:

C.

Explanation:

A group of angry people. L(-_-)\

                                                     \

Answer:c lol angry people

Explanation:

Answer:

$8000

Explanation:

Given that:

Adjusted basis of sport plane = $112,000

Sales price = $140,000

Down payment = $40,000

Balance paid in $20,000 installment for the nest 5 years

Gross income:

Gross income = sales price - adjusted basis

Gross income = $140,000 - $112,000

Gross income = $28,000

Based on the installment payment of $20,000:

140,000/20,000 = 7

Gross income = $28000/ 7 = $4000

With down payment being 40,000

In year 1, down payment of $40,000 was made, which is 2 times the yearly installment amount.

Hence gross profit in year 1 = $4000 × 2 = $8000

Answer:

easy a

Explanation:

easy a

Answer:

the tax deduction will be used to reduce current year profits.

The Coca-Cola Company sells its products to bottling and canning operations, distributers, fountain wholesalers and some fountain retailers. They then distribute them to retail outlets, corner stores, restaurants, petrol stations and many more.

When I had this question I found the link witch is on the document very helpful.

I hope this helps.

Answer:

fund

investment company

stock