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You need to create a legal structure for your small business. You would like some of the benefits enjoyed by large corporations, but do not want to be taxed twice. You have four partners who will be shareholders None of you plan to sell your ownership shares to the public but do want to be protected from business liabilities. Which legal structure should you set up for your business? Sole Proprietorship C-Corporation Limited Liability Cómpany S-Corporation

Question 4 of 8 Jorge and Alma are talking about savings and investing. Alma explains that she puts 15% of her pretax pay into her retirement savings. She explains that not only does she have that money, but she also earns interest on both the money she's saved and the previous interest she's accrued. What is Alma describing? Inflation Principal Compound interest Withdrawal penalty

Question 2 of 5 When is using a credit card to cover an emergency expense a good idea and won't cost you any interest? When you have a high enough credit limit to cover the emergency expense When you can pay off the balance in full before the end of the month When you have a low interest rate When you can make the minimum payments each month

9. This excerpt describes a work process established by Henry Ford "One man fits the parts together, so that the bolt holes come right The next man fits the bolt holes into place . The next has a pan of nuts before him and all day he scoops them up and with his fingers starts them on the thread of the bolts. The next man has a wrench and he gives the final twist that makes them tight." -John A. Fitch, 1914 Which results did Ford hope to achieve by implementing the process described in this excerpt? a. Increased productivity and efficiency b. Reduced numbers of employees quitting C. Increased labor union membership d. Reduced payroll taxes and employee benefits

When it comes to marketing his product, Tom's business depends on pro cyclists using and talking about his bikes. B giving bicycles away at shows and events. C sales mostly to customers in faraway places. C D ads in magazines devoted to the sport of cycling. (D)