Answer:
1. Required tabulation is the Shares Authorized, the Shares Issued and the Shares Outstanding
Shares Authorized = 290,000 shares
Shares Issued
= Total Cash Collected / Price per share
= 2,170,000 / 14
= 155,000 shares
Shares Outstanding
= Shares Issued - Treasury stock
= 155,000 - 5,000
= 150,000 shares
2. Additional paid in capital account
= Gain (loss) above par
Par value is $10 and Stock was sold for $14
= (14 - 10 ) * 155,000
= $620,000
3. Earnings per share
= Net Income/ Shares outstanding
= 297,000/150,000
= $1.98
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
Select all te correct answers
What are the advantages a market economy offers producers?
minimal government intervention
property rights
monopoly of bigger companies
free advertising for small businesses
free labor
Answer: Minimal government intervention AND Property rights
Explanation:
what link-building strategy do search engines implicitly approve?
The link building strategies that the search engines are known to have to approve of implicitly would be the
Nofollowthe sponored links attributesWhat is meant by the link building strategies?This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.
The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.
The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.
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How can apprenticeships become more popular in the United States?
A.The government can provide funding for apprenticeship programs.
B. Corporations can offer paid positions to workers who learn new skills while working toward full-time employment.
C.People who do not want to attend college but would prefer to learn a trade like welding can look into programs, organizations, or educational institutions offering apprenticeships.
D.All of the choices are correct.
Apprenticeships can become popular in the United States in the following ways:
D. All of the choices are correct.
What is an Apprenticeship?An apprenticeship is a compensated position that allows the person to study and gain useful experience. Apprenticeship is a method for educating a new generation of practitioners of a trade or profession through on-the-job training and, in certain cases, formal education (classroom work and reading). Apprenticeships can also help practitioners get a license to work in a regulated occupation. The majority of their training is completed while working for an employer who assists apprentices in learning their trade or profession in exchange for continuous labor for an agreed-upon term after they have demonstrated demonstrable competencies.
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Which factor is an internal risk? factors, such as incompetent staff, negligent employees, or employees going on strikes, are examples of internal risk.
An internal risk is one where the organization has the power, within the firm, to prevent the risk. Incompetent staff, negligent employees, or employees going on strikes, are examples of internal risk.
What is an internal risk?Internal risks are faced by a company from within its organization and arise during the normal operations of the company. These risks can be forecasted with some reliability, and therefore, a company has a good chance of reducing internal business risk. The three types of internal risk factors are human factors, technological factors, and physical factors.
A company may need to hire or replace personnel key to the company's success.
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As the information technology advances and consumers buy products requiring more and more technology, the wages of people with high level programming and other technical skills would a. increase as the supply of high tech skills increases. b. increase as the demand for high tech skills increases. c. not be affected by consumers’ purchases d. decrease as the supply of high tech skills increases.
Answer:
b. increase as the demand for high tech skills increases.
Explanation:
Due to the fact that the demand for technological products is increasing, the demand for people who possess high tech skills would also increase as firms would want to provide more tech products to satisfy the demand of consumers.
This would lead to an increase the demand for people with high tech skills. When demand exceeds supply, wages would rise.
I hope my answer helps you
Variable manufacturing costs are $150 per unit and fixed manufacturing costs are $75,000. Sales are estimated to be 6,000 units. How much would absorption costing income from operations differ between a plan to produce 6,000 units and a plan to produce 7,500 units?
Answer:
If 7,500 units are produced, income will increase by $2.5 per unit
Explanation:
Giving the following information:
Variable manufacturing costs are $150 per unit and fixed manufacturing costs are $75,000.
We need to determine the difference in income if 7,500 units are produced instead of 6,000.
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The difference is in the unitary fixed manufacturing overhead.
For 6,000 units:
unitary fixed manufacturing overhead= 75,000/6,000= $12.5
For 7,500 units:
unitary fixed manufacturing overhead= 75,000/7,500= $10
If 7,500 units are produced, income will increase by $2.5 per unit
Steve met Diana at the local gym and they started talking about how Diana needed her
house painted. Steve told Diana that he would paint her whole house for $5,000 and
that he would keep the offer open for seven days. Later that night, Steve even sent
Diana an email detailing the terms of the offer. Two days later, Steve sent Diana an
email around 2:25 p.m., stating that the original offer was revoked. Around 1:55 p.m.
that same day, Diana wrote Steve a letter, stating that she accepted his offer for the
house painting. As soon as Diana was able, she went to Post Office and sent Steve the
letter by certified mail (time stamped by the Postal Service at 2:27 p.m.). That night
around 5:45 p.m., Diana was reviewing her emails and saw Steve's earlier email
informing her about the revocation of the offer. She immediately called him to tell him
that she had wrote him a letter of acceptance. Was the offer revoked by Steve and why
or why not?
Answer:
Was the offer revoked by Steve and why
or why not?
No
Explanation:
I am not the best with contracts so no guarnatee but there was a clear offer, acceptance, consideration, making this a contract. Unless in the terms of the contract it stated that there could be a cancellation at any time, Steve is obligated to follow through.
Two important group outcomes or consequences of the interactive
process that unfolds between a leader, follower, and the situation
include:
Answer:
task performance and group maintenance.
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.
Some types of power expressed by leaders are referent power, coercive power, etc.
Hence, two important group outcomes or consequences of the interactive process that unfolds between a leader, follower, and the situation include task performance and group maintenance.
Leaders are saddled with the responsibility of ensuring that the follower performs his or her duties or tasks as stated in the contract and to foster cohesion among the various team members.
Research cyber espionage case and briefly describe it (provide a link to your website source
The primary goal of cyber espionage is to gather private or confidential data, trade secrets, or other kinds of intellectual property that the attacker can use.
What is cyber espionage?Cyber espionage is a type of cyber attack that involves the theft of sensitive information or intellectual property from a target entity, such as a government agency, business, or individual. It involves the use of sophisticated hacking techniques, malware, and other cyber tools to gain unauthorized access to a victim's computer network or other digital systems. The objective of cyber espionage is often to obtain valuable information, trade secrets, or political or military intelligence that can be used for financial gain or to advance the interests of a foreign government. Cyber espionage can have serious consequences, including economic damage, reputational harm, and national security risks. As such, it is a major concern for businesses, governments, and individuals alike.
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explain effective implementation of plans in planning process model in an organization
Implementation of plans is the final step in the process of planning. This involves putting the plans into action so as to achieve the business objectives Implementation of plans requires establishment of policies, procedures, standards, budgets, etc.
The rate that a company must pay to obtain funds from creditors and stockholders is known as the Select one: a. hurdle rate. b. cost of capital. c. cutoff rate. d. All of these answers are correct.
Answer:
B)cost of capital.
Explanation:
In economics as well as accounting, the cost of capital can be regarded as
cost of funds of a company i.e debt and equity. From investor's point of view it can be regarded as rate of return required on a company existing securities portfolio, and this is utilized I evaluation of new projects of a company. It should be noted that the rate that a company must pay to obtain funds from creditors and stockholders is known as cost of capital..
The second step of writing a career action plan is to: perform an informational interview. list all work experience. list and analyze the results of self-assessments. make short term goals.
The second step of writing a career action plan is to make short term goals. The Option D is correct.
What is the significance of career action plan?A career action plan refers to a roadmap that guide someone from the starting point in your career to a place where you feel like you're truly advancing. For example, the plan can help you choose an occupation and then guide you to getting a job and advancing in your career.
Career action plan is also referred to as an Individualized Career Plan or an Individualized Career Development Plan which will help you reach your career goals.
In essence, the timeline for achieving one's career action plan goals should start with your short-term ones and end with your primary objective. We need to be flexible as career action plan can always change.
Full question "The second step of writing a career action plan is to: a. perform an informational interview. b. list all work experience. c. list and analyze the results of self-assessments. d. make short term goals.
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a. What is 15% of 1000?
b. A store is offering a 15% off sale on all TVs. The most popular television is normally priced at $1000. How much money would a customer save on the television during this sale?
$150
Explanation:
bc its is just that
Answer:
$150
Explanation:
15% of 1000
0.15 x 1000 =
150
Convert the percentage into a decimal and then multiply.
Barth Interior provides decorating advice to its clients. Three recent transactions of the company include:
a. Providing decorating services of $500 on account to one of its clients.
b. Paying $1,200 for an employee's salary in the current period.
c. Purchasing office equipment for $2,700 by paying cash.
Required: Write a memo to your instructor describing each step of the six-step measurement process presented in Illustration 2-1 in the book specifically for each of the three transactions. To emphasize, your memo should be specific to the three transactions indicated above..
Answer:
Memo Describing Each Step of the Six-Step Measurement Process
To: Ms. Teagantigan, PhD, Financial Accounting
From: Okwukwe Faith, Financial Accounting Student
Subject: The Six-Step Measurement Process
Date: October 11, 2020
Find below the description you requested on the above subject.
1st Step: Identifying the accounts involved using the source documents:
For the provision of decorating services of $500 to a client, the invoice for the service will be reviewed for the accounts involved in the transaction. It will show that Accounts receivable and Service Revenue are involved. A review of the payroll check will also show the payment of salary to an employee, in which Cash Account and Salaries Expense account are involved. Similarly, a review of the purchasing invoice will show that Office Equipment and Cash Account are involved for the purchase of equipment.
2nd Step: Analysis of the impact on the accounting equation: For a) Accounts Receivable and Service Revenue will increase by $500 respectively. Cash Account will decrease while Salaries Expense account will increase by $1,200 for b). For c) Office Equipment will increase and Cash will decrease by $2,700.
3rd Step: Assessing the accounts to be debited or credited: For a) Accounts Receivable will be debited and Service Revenue credited. For b) Salaries Expense will be debited and Cash credited. For c) Office Equipment will be debited and Cash credited.
4th Step: With the above identification, the journal will be recorded for transactions a - c as detailed above.
5th Step: The above transactions will then be posted to the general ledger in their respective accounts.
6th Step: At the end of the period, the accounts will be balance and a list of balances extracted in the Trial Balance.
I hope I have understood the steps enough.
Regards,
Okwukwe Faith
Explanation:
We have detailed above the six-step measurement process for evaluating business transactions and events. These steps help to identify the accounts involved in each business event and determine how the events are recorded in the accounting books.
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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is the state of being legally responsible for something.
O A. Risk
O B. Liability
O C. Compensation
O D. Interest
Answer:
Liability
Explanation:
The state of being legally responsible for something.
‘once you contact the card protection scheme your liability for any loss ends’
FILL IN THE BLANK. __ can be best defined as when an organization generates higher profits compared to its rivals.
Competitive advantage can be best defined as when an organization generates higher profits compared to its rivals.
What does competitive advantage mean?Competitive advantage is an advantage gained by a company that has outperformed its competitors in the same industry by designing and implementing effective strategies that allow it to offer quality goods or services, quote reasonable prices to its customers, maximize the wealth of its stakeholders, and so on, as a result of which the company can make more profits, build a positive brand reputation, make more sales, and so on.
A competitive edge allows a company to simply generate more value for itself and its shareholders. A company with a sustainable advantage will easily outperform its competitors, while the latter will find it difficult to counteract the former's qualities.
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The maintenance department of a large hospital uses about 816 cases of liquid cleanser annually. Ordering costs are $12 and carrying costs are $4 per case. The new price schedule is as follows: Quantity Unit Cost 1-49 $20 ' 50-79 $18 ~ 80-99 $17 .3 100 or more $16 Determine the optimal order quantity and the total cost.
Answer:
/
Explanation:
Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is
The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.
In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.
Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:
Demand elasticity = (% change in quantity demanded) / (% change in price)
Demand elasticity = (8% / 10%)
Demand elasticity = 0.8
The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.
Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.
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12
What consequences do borrowers face if they miss many payments? Check all that apply.
O difficulty getting loans
Ogarnished wages
O elimination of all credit
Olost collateral
O compounded late fees
7
Mark this and return
If borrowers miss many payments, they can face various consequences depending on the loan type. The correct option is e. Compounded Late Fees.
Some of the common consequences of missing many payments by the borrowers are as follows:
Garnished Wages: If the borrower defaults on a loan, their wages could be garnished, which means a portion of their paychecks will be withheld to pay off the loan. This would lead to less take-home pay and further financial difficulties.Difficulty Getting Loans: If the borrower defaults on a loan, they may have trouble obtaining future loans because their credit score will be negatively impacted. A low credit score makes lenders less likely to approve loan applications and can lead to higher interest rates.Lost Collateral: In some loans, such as secured loans, the borrower is required to provide collateral. If they default on the loan, they may lose the collateral that they used to secure the loan.Compounded Late Fees: If a borrower misses many payments, late fees and interest will continue to accumulate. This can compound the amount of money they owe, making it more difficult to catch up.Elimination of All Credit: If the borrower defaults on a loan, they may have all of their credit accounts closed. This would mean they would have no credit and no way to borrow money when they need it. The correct option is e. Compounded Late Fees.For more such questions on payments
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Why are the impacts of increasing worldwide risks on supply management and the need to work closely with suppliers and other functions? Why?
Potential risk management is important for the suppliers to maintain a strong supply chain and to mitigate the inherent risks.
What is Risk management?
Risk management is the main key in the process of elimination of waste and in stimulating other best practices within the supply chain worldwide. Wasting resources can add risks to the organization and to the supply chain, so by the proper planning and a good risk management system, materials can be repurposed to avoid the wastage.
Potential risks which can threaten a supply chain include the natural disasters, logistical errors, lack of raw materials, late shipments, and other pandemics. The key to maintaining a strong supply chain is to create an effective supply chain management system worldwide, to help in mitigation of the inherent risks at play.
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Performing a Vertical and Horizontal Analysis Complete a vertical analysis of the following income statement from Gomez Corporation.
• Do not use a negative sign in your answers.
• Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%). Income Statement Revenues 2019 % of Sales 100 %
Vertical Analysis 2020 2020 2019 % of Sales $117,500 $129,250 100 % 80,000 90,000 0 % 37,500 39,250 0 % 26,620 30,250 0 % $ 10,880 $ 9,000 0 % 0 % Cost of goods sold Gross margin Operating expenses Net income 0 % 0 % 0 %
Complete a horizontal analysis of the following income statement from Gomez Corporation.
• Use a negative sign to indicate a decrease.
• Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%).
Income Statement Revenues Percentage Change 0 %
Horizontal Analysis Dollar 2020 2019 Change $117,500 $129,250 $ (11,750) 80,000 90,000 $ 0 37,500 39,250 $ 0 26,620 30,250 $ 0 $ 10,880 $ 9,000 $ Cost of goods sold Gross margin Operating expenses 0 % 0 % 0 % O O Net income 0 %
Ben took some steps to use the concept of economies of scale in his company and failed. Which step caused his attempt to fail?
A.
he bought a machine that was fast in production
B.
he produced similar products on different machines
C.
he bought the raw materials in bulk at a discount
D.
he used labor specialization in his processes
Answer:
it is A i hope it helps you on the test
Answer:
a.) Bought machine that was fast in production
Explanation:
correct
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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1. Concave Systems presently has earning interest and taxes of
$6 million. Its interest expenses are $1,000,000 a year, and it
pays $600,000 in annual dividends to its shareholders. Concave
has 300, 000 common shares outstanding, and its tax rate is 40
percent. Its annual capital expenditures are $900,000. Concave's
present priceto-earning ratio is 8.
a. Calculate the company's earnings per share and interpret.
b. Calculate the company's dividend payout ratio and interpret. 目
c. Calculate the company's dividend yield and interpret.
The company's earnings per share is 20, dividend payout ratio is 0.1 and dividend yield is 1.25.
What is Dividend payout?The dividend payout is the ratio between dividend per equity share and earning per equity share.
Earning per share = Earning net interest and tax/ Number of shares outstanding
= $6,000,000/3,00,000
= 20
Dividend per share = Total Dividend/ No of shares
= $600,000/300,000
= $2
Dividend payout ratio = Dividend per share/Earning Per Share
= $2/20
= 0.1
Market value per share = P/E Ratio × Earning per share
= 8 × 20
= $160
Dividend Yield = Dividend per share/ Market Value Per Share
= $2/$160×100 = 1.25
Therefore the earning per share indicates the earnings of the company is attributable to the equity shareholders. The company's dividend payout ratio and dividend yield ratio indicate the percentage of earnings paid to shareholders via dividends.
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Equilibrium is reached when what occurs?
quantity supplied equals quantity demanded
there is no change in the quantity supplied
price increases
prices are inelastic
Equilibrium is reached when quantity supplied equals quantity demanded in a market. Therefore, the correct option is A.
Equilibrium means that the quantity of a product or service that producers are willing to supply matches the quantity that consumers are willing to buy at a given price. At equilibrium, there is a balance between supply and demand, and there is no inherent tendency for prices to change.
In an equilibrium state, the market clears, meaning that there are no excess supply or excess demand conditions. Producers are supplying exactly what consumers are demanding, and there is no pressure for prices to increase or decrease.
Thus, the ideal selection is option A.
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Ted's Co. offers a zero coupon bond with an 11.3% yield to maturity. The bond matures in 16 years. What is the current price of a $1,000 face value bond
Answer:
Zero-cupon bond= $835.45
Explanation:
Giving the following information:
Face value= $1,000
YTM= 11.3%
Years to maturity= 16 years
To calculate the price of the bond, we need to use the following formula:
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= 1,000 / (1.113^16)
Zero-cupon bond= $835.45
Discuss the procedures for the formation of companies
Explanation:
The formation of a company is a lengthy process. For convenience the whole process of company formation may be divided into the following four stages: 1. Promotion Stage 2. Incorporation or Registration Stage 3. Capital Subscription Stage 4. Commencement of Business Stage.
SunRay Foundation, a corporation owned and managed by volunteers, supplies medicines and vaccines to impoverished people in Asia and Africa. Its focus is not on earning a surplus but on serving the community. SunRay Foundation is an example of
Answer:
" Nonprofit corporation" is the right solution.
Explanation:
A non-profit corporation would be an organization constructed again for benefit of the community better, for compassionate or some other kind of government service primary motivations, instead of just merely to generate a financial gain on its own, as when the customer requested to be doing. The strongest reason for utilizing the whole degree of formal entity is that everything is responsible for claim federal and state taxes on just about any earnings the corporate entity receives, with exception of for corporate entities.