Which of the following statements is correct? a. corporations of all types are subject to the corporate income tax. b. in any partnership, every partner has the same rights, privileges, and liability exposure as every other partner. c. proprietorships and partnerships generally have a tax advantage over corporations. d. one of the disadvantages of incorporating your business is that you could become subject to the firm's liabilities in the event of bankruptcy. e. proprietorships are subject to more regulations than corporations.

Which result is a positive aspect of globalization?

What is the communication process? why isnt it possible to communicate without using all the elements in the communication process?

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity