Mathematics : asked on fatty18
 24.04.2022

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P Answered by Studen AI
1. Tanya was initially planning to establish her own firm practicing corporate law.

2. Advantages of starting a law firm:
a) Independence and control: Tanya would have full control over her firm's operations, decision-making, and the clients she chooses to work with.
b) Potential for high income: Owning a successful law firm can be financially rewarding, with the potential to earn higher income compared to working as an employee.
c) Building reputation and client base: By starting her own firm, Tanya could establish a reputation in the legal field and attract clients, building a strong client base over time.

Disadvantages of starting a law firm:
a) Financial risks: Tanya would bear the financial burden and risks associated with setting up the firm, including paying for office rent, furniture, utilities, and salaries.
b) Increased responsibility and workload: As a business owner, Tanya would have to manage not only legal cases but also administrative tasks, marketing, and other aspects of running a business.
c) Uncertain income during the initial stages: It might take some time for the firm to establish a steady flow of clients, leading to uncertain income in the beginning.

3. Considering that Tanya's friends are joining her in the business venture, a partnership or a limited liability company (LLC) structure would be most suitable.

Reasons for choosing a partnership or LLC:
a) Shared financial responsibility: With the involvement of her friends, the startup costs and other financial obligations can be shared, reducing the financial burden on Tanya individually.
b) Shared workload and expertise: The partners can divide the workload and bring different skills and expertise to the business, which can strengthen the overall operation.
c) Legal protection: With an LLC structure, personal assets of the partners would be protected against business liabilities, providing a certain level of legal protection.

4. Benefit of taking a loan:
Tanya could have the opportunity to retain full ownership and control of her business. In this case, she would not have to share profits or decision-making authority with her friends, allowing her to maintain more independence over her business operations.

Drawback of taking a loan:
Tanya would have to repay the loan amount with interest, which could add financial pressure to the business in the early stages. Additionally, the full responsibility of managing the business and its operations would solely rest on Tanya, increasing her workload and potential stress levels.
Business
Step-by-step answer
P Answered by Master

1) She incurred start-up costs of $2,500.

a) Amount of start up costs immediately expensed?

$2,500, computed as follows:

1Maximum immediate expense5000S 195(b)(1)(ii)

2Total start-up costs2500Given In

problem

3Phase-out threshold50000S 195(b)(1)(ii)

4Immediate expense phase-out0(2-3)

Allowable immediate expense2500Lessor of (2)or-(1)-(4)

2) She incurred start-up costs of $41,000

a) Amount of start up cost immediately expensed

$5000, computed as follows:

 

1Maximum immediate expense5000S 195(b)(1)(ii)

2Total start-up costs41000Given In

problem

3Phase-out threshold50000S 195(b)(1)(ii)

4Immediate expense phase-out0(2-3)

Allowable immediate expense5000Lessor of (2)or-(1)-(4)

3) She incurred start-up costs of $51,100.

a) Amount of start up cost immediately expensed

$3900, computed as follows:

 

1Maximum immediate expense5000S 195(b)(1)(ii)

2Total start-up costs51100Given In

problem

3Phase-out threshold50000S 195(b)(1)(ii)

4Immediate expense phase-out1100(2-3)

Allowable immediate expense3900Lessor of (2)or-(1)-(4)

4) She incurred start-up costs of $61,250.(Leave no answer blank. Enter zero if applicable.)

$0, computed as follows:

 

1Maximum immediate expense5000S 195(b)(1)(ii)

2Total start-up costs61250Given In

problem

3Phase-out threshold50000S 195(b)(1)(ii)

4Immediate expense phase-out11250(2-3)

Allowable immediate expense0Lessor of (2)or-(1)-(4)

5) How would you answer parts (a) through (d) if she formed a partnership or a corporation and she incurred the same amount of organizational expenditures rather than start-up costs (how much of the organizational expenditures would be immediately deductible)?

The answers would be the same if these were organizational expenditures instead ofstart-up costs.Note, however, that organizational expenditures only apply tocorporations and partnerships and do not apply to businesses organized as soleproprietorships

Explanation:

Hope you got it :)

English
Step-by-step answer
P Answered by PhD
1. Which sentence contains an inappropriate shift in tense?
A. 

2. Which sentence contains an inappropriate shift in tense? 
B.

3. Which sentence contains an inappropriate shift in tense? 
A.

4. Which sentence contains an inappropriate shift in tense? 
A.

5. Which sentence contains an inappropriate shift in tense? 
A.

6. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
C.

7. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
C.

8. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
B.

9. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
A.

10. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
A.
English
Step-by-step answer
P Answered by PhD
1. Which sentence contains an inappropriate shift in tense?
A. 

2. Which sentence contains an inappropriate shift in tense? 
B.

3. Which sentence contains an inappropriate shift in tense? 
A.

4. Which sentence contains an inappropriate shift in tense? 
A.

5. Which sentence contains an inappropriate shift in tense? 
A.

6. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
C.

7. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
C.

8. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
B.

9. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
A.

10. Which word group best completes the sentence without introducing an inappropriate shift in tense? 
A.
Mathematics
Step-by-step answer
P Answered by Specialist

The difference between them is that Edwin is paying $165 more than Georgia.

Step-by-step explanation:

Georgia = 95+(20x11)= $220 that year

Edwin = 35x11= $385 that year

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