Which of the following business forms give individual business people (Basically sole proprietors) a form of...

Which of the following business forms give individual business people (Basically sole proprietors) a form of limited liability:

a. all forms of partnership

b. only general partnerships

c. S corps

d. regular partnerships

e. Independent agent partnerships

Which of the following could be an explanation for a falling fixed asset turnover (assuming nothing else changes):

a. falling intangibles

b. increasing sales

c. Purchase of New P.P. and E.

d. continued depreciation

e. a drop in the current ratio

Expert Solution

1.
S corps

2.
Purchase of New P.P. and E. could be an explanation for a falling fixed asset turnover

jeff jeffy answered 2 years ago

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