Bolka Corporation, a merchandising company, reported the following results for October: Sales$416,000 Cost of goods sold (all variable)$177,700 Total variable selling expense$23,800 Total fixed selling expense$21,600 Total variable administrative expense$16,700 Total fixed administrative expense$32,000 The contribution margin for October is:Bolka Corporation, a merchandising company, reported the following results for October: Sales$416,000 Cost of goods sold (all variable)$177,700 Total variable selling expense$23,800 Total fixed selling expense$21,600 Total variable administrative expense$16,700 Total fixed administrative expense$32,000 The contribution margin for October is:

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

When you hire an independent contractor you don't have to pay the contractors what