Mona and her friends jack and bobby, all united states citizens, want to open a nail salon in tennessee. they would all like to avoid personal liability for debts of the business and for wrongful acts of each other. they would also like to avoid taxation as much as possible. mona is in favor of a corporation and asks if there is any problem with that form of business. jack and bobby say that they want to receive profit distributions and that they are concerned about excessive taxation with a corporation. jack and bobby urged the formation of a partnership even in the face of personal liability. mona did some research and suggested an s corporation to jack and bobby. would an s corporation provide the favorable tax treatment that the parties desire in a corporate form of business?

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.