One drawback of switching from a partnership to the corporate form of organization is the following:
a. it subjects the firm to additional regulations.
b. it cannot affect the amount of the firm's operating income that goes to taxes.
c. it makes it more difficult for the firm to raise additional capital.
d. it makes the firm's investors subject to greater potential personal liabilities.
e. it makes it more difficult for the firm's investors to transfer their ownership interests.

Historically, 12 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. the number of customers out of 19 who have an incorrect address in the database is a binomial random variable with n = 19 and 2formula36.mml = 0.12.

What should a food worker use to retrieve ice from an ice machine?

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.