Determine the total operating fixed costs (TOFC) based on the following: Administrative expenses = $200,000;...
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Accounting
Determine the total operating fixed costs (TOFC) based on the following: Administrative expenses = $200,000; Marketing expenses = $80,000; Depreciation expenses = $100,000; and Interest expenses = $20,000. $200,000 $380,000 $400,000 $480,000 $500,000
A disadvantage of an LLC includes:
| Investors are not allowed | ||
| The company cannot conduct business overseas | ||
| Venture Capitalists will not invest | ||
| The corporate tax rate is higher than a C corporation | ||
| There are no cash flows |
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