You're practicing as a CPA/business consultant and a client with a great business plan asks you and her attorney (with whom you are working) for a business entity that will not, itself, be subject to tax and which will allow for a limited number of outside investors, but which will also provide legal liability protection to the client (and other owners) for debts or other claims made against the business. What are two business entities or organizations that will fit your client's criteria?

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Amano s preguntes cationing to come fonds and consumer good 8. why did the u. s. government use rationing for some foods and consumer goods during world war ii?

Taking commercial paper means the holder acts honestly