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Business, 07.05.2021 02:40 rclara34oxbrr9
dentify (by letter) each of the following characteristics as being an advantage, a disadvantage, or not applicable to the corporate form of business organization. - Separate legal entity C. Taxable entity resulting in additional taxes B. Continuous life - Unlimited liability of owners C. Government regulation - Separation of ownership and management B. Ability to acquire capital B. Ease of transfer of ownership
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Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
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dentify (by letter) each of the following characteristics as being an advantage, a disadvantage, or...
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