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Brrunno [24]
2 years ago
10

Which statements indicate that Rick’s company is a limited liability company? Rick Douglas is a bright and passionate lighting d

esigner. Following his passion for innovative lighting solutions, he founded a company called Dazzle in 2000. Dazzle is a successful, small company with annual revenue of $25 million. It offers residential, commercial, and theatrical lighting solutions. Apart from Rick, there are several other owners in the company who have made tremendous contributions to its growth. The profits are shared in a fair manner among all owners. Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns. The success of the company turned Douglas and the other owners into millionaires. Rick has a villa in the prestigious Kimberly Hills area. The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.
Business
2 answers:
Maslowich2 years ago
5 0
Answer: <span>Apart from Rick, there are several other owners in the company who have made tremendous contributions to its growth. 

</span>

A Limited Liability Company ( LLC) is a type of business structure combining the characteristics of a sole-proprietorship and a corporation. This type of business is capable for the pass-through taxation feature of a sole proprietorship, and at the same time limiting the liability of the owners which is <span>similar to a corporation.</span>

Travka [436]2 years ago
3 0

Answer:

<u>ONE OF THE ANSWERS IS</u>: The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.

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The following stock transactions were completed by the executive vice president of Vinco, Inc., a publicly traded corporation: J
kirza4 [7]

Answer:

d- EVP has a short-term swing profit is $3000

Explanation:

Lets first understand what short-term swing profit is. Short-term swing profit is profit dependent upon a rule normally set by the securities & exchange commission which states that  any profits made by company insiders through the purchase and sale of share/stocks within six months must be returned to the company. Company insiders are people/employees working within the entity mostly having more than 10% of company's shares or employees such as executives, directors and managers.

Now It's not clear from the question what the purchase price of the shares was when EVP sold them on January 12 2016, assuming these shares were purchased at $20, then the short-term swing profit would be $2000 as at January. Then EVP purchases 100 shares at $20 and sells them at $30 per share as at june. The additional short-term swing profit would be $1000 (i.e $30-$20=$10 per share).

Therefore the total short-term swing profit is $3000

4 0
2 years ago
It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a
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Answer:

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7 0
1 year ago
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What is the maximum period of time that a personal services contract for temporary consultant services may be awarded?
Kisachek [45]

Answer: 1 year

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6 0
1 year ago
This program will store roster and rating information for a soccer team. coaches rate players during tryouts to ensure a balance
Vedmedyk [2.9K]

Answer:

Explanation:

#include <iostream>

#include <vector>

using namespace std;

int main() {

   vector<int> jerseyNumber;

   vector<int> rating;

   int temp;

   for (int i = 1; i <= 5; i++) {

       cout << "Enter player " << i

            << "'s jersey number: ";

       cin >> temp;

       jerseyNumber.push_back(temp);

       cout << "Enter player " << i

            << "'s rating: ";

       cin >> temp;

       rating.push_back(temp);

       cout << endl;

   }

   cout << "ROSTER" << endl;

   for (int i = 0; i < 5; i++)

       cout << "Player " << i + 1 << " -- "

            << "Jersey number: " << jerseyNumber.at(i)

            << ", Rating: " << rating.at(i) << endl;

   char option;

   '

   while (true) {

       cout << "MENU" << endl;

       cout << "a - Add player" << endl;

       cout << "d - Remove player" << endl;

       cout << "u - Update player rating" << endl;

       cout << "r - Output players above a rating"

            << endl;

       cout << "o - Output roster" << endl;

       cout << "q - Quit" << endl << endl;

       cout << "Choose an option: ";

       cin >> option;

       switch (option) {

           case 'a':

           case 'A':

               cout << "Enter a new player's"

                    << "jersey number: ";

               cin >> temp;

               jerseyNumber.push_back(temp);

               cout << "Enter the player's rating: ";

               cin >> temp;

               rating.push_back(temp);

               break;

           case 'd':

           case 'D':

               cout << "Enter a jersey number: ";

               cin >> temp;

               int i;

               for (i = 0; i < jerseyNumber.size();

                    i++) {

                   if (jerseyNumber.at(i) == temp) {

                       jerseyNumber.erase(

                               jerseyNumber.begin() + i);

                       rating.erase(rating.begin() + i);

                       break;

                   }

               }

               break;

           case 'u':

           case 'U':

               cout << "Enter a jersey number: ";

               cin >> temp;

               for (int i = 0; i < jerseyNumber.size();

                    i++) {

                   if (jerseyNumber.at(i) == temp) {

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                            << "for player: ";

                       cin >> temp;

                       rating.at(i) = temp;

                       break;

                   }

               }

               break;

           case 'r':

           case 'R':

               cout << "Enter a rating: ";

               cin >> temp;

               cout << "\nABOVE " << temp << endl;

               for (int i = 0; i < jerseyNumber.size();

                    i++)

                   if (rating.at(i) > temp)

                       cout << "Player " << i + 1

                            << " -- "

                            << "Jersey number: "

                            << jerseyNumber.at(i)

                            << ", Rating: "

                            << rating.at(i) << endl;

               break;

           case 'o':

           case 'O':

               cout << "ROSTER" << endl;

               for (int i = 0; i < jerseyNumber.size();

                    i++)

                   cout << "Player " << i + 1 << " -- "

                        << "Jersey number: "

                        << jerseyNumber.at(i) << ", Rating: "

                        << rating.at(i) << endl;

               break;

           case 'q':

               return 0;

           default:

               cout << "Invalid menu option."

                    << " Try again." << endl;

       }

   }

}

4 0
1 year ago
Sew ‘N More just paid an annual dividend of $1.42 a share. The firm plans to pay annual dividends of $1.45, $1.50, and $1.53 ove
andre [41]

Answer:

Stock Worth Today:  $3,71 + $10,93 = $14,64

Stock Worth Today:  Present Value (3 Next Years) + Present Value (Perpetuity)

Explanation:

We need to apply two financial methods to find the value of the shares today.

First, the Present value formula for the next 3 years, and for the rest we apply the Perpetuity formula, then to the result of Perpetuity we apply the Present Value because it's expressed in values of Year 4.

Present Value Formula : C/(1+r)^t to each cash dividends each year.

Perpetuity Formula : Dividend / r

  • PV of the perpetuity = Periodic cash inflow/ Interest rate  

Perpetuity = 1,60/ interest rate  

Perpetuity = 1,60/ 0,10  

Perpetuity = $16  

The Perpetuity it's expressed at the moment of Year 4, we need to discount the Perpetuity to the current time:

Present Value Formula : C/(1+r)^t = 16/(1,10)^4 = $10,93

  • PV of the the next 3 years dividends.

Present Value = 1,45/(1+0,1)^1 + 1,50/(1+0,1)^2 + 1,53/(1+0,1)^3  

Present Value = 1,32 + 1,24 + 1,15  

Present Value = $3,71

7 0
2 years ago
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