Which of the following are advantages of the corporate form of organization?

i. ability to raise large sums of equity capital
ii. ease of ownership transfer
iii. profits taxed at the corporate level
iv. limited liability for all owners

a. i and ii only
b. iii and iv only
c. ii, iii, and iv only
d. i, ii, and iv only
e. i, ii, iii, and iv

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: