Asset forfeiture

These assets won't be at risk in case your LLC faces bankruptcy or lawsuits. Profits and losses can get passed through to your personal income without facing corporate taxes. However, members of an LLC are considered self-employed and must pay self-employment…

Investment Strategy for Technology Company: Cash is considered to be the most important asset for an organization. It is the engine which keeps the business moving. The company needs enough cash to maintain liquidity and at the same time earn returns on any excess cash which is lying dormant. The safe limit is to have enough cash on hand to cover at least two months overhead. This limit is in addition to any existing line of credit from the bank to take care of the working capital requirements.…

1. Maintains an exact replica of one disk on another offering 100% fault tolerance. 2. Data redundancy - If one disk fails, data can be recovered from the other. 3. Fault tolerance - Even when one disk fails, the other one can continue functioning and the system continues to function. 4. Quick recreating data when a disk is replaced 1. Reduced data storage capacity a Raid 1 disks capacity is half the physical disk capacity. 2. Raid 1 is slower as it does not improve read or write speeds. 1.…

ethically adequate. This allowed HealthSouth to meet expectations of analyst for 40 consecutive quarters, by using creative and fraudulent accounting methods. The false recordings increased earnings matched by increases in HealthSouth's assets. In 2002, HealthSouth's assets were overstated by at least $800 million, or 10 percent. This fraudulent activity went undetected until 2003.…

Wealth Disparity The wealth difference or disparity is characterized by the unevenness in dissemination of assets among a populace. One of the nations that shows wide disparities between riches circulation among the rich and the poor is United States in contrast with other created countries. Riches can incorporate any individual possessions, organizations, vehicles, the estimations of homes, funds of any sort, and additionally ventures. Divergence is any distinction that is discernible or…

In 1857 “a third son of William, Thomas Shields Bisland purchased Fairfax Plantation, located in St. Mary Parish from Joshua Baker” … the father-in-law of Thomas’ brother, William Alexander Bisland. “Baker, who served a brief term as a military governor of Louisiana in 1868, played an important role in the maintenance of the Bisland plantations during the war.” Scarborough speculates his appointment as a Unionist Governor during Reconstruction helped to keep Hope Farm and Aragon as working…

Background- Positive Confirmations: Before we perform our audit of Simply Soup Inc.’s cash balance, the audit associate examined the bank reconciliation statement established by the client, and the test shown some supports for the management assertions to the cash balances of the company. Although the test shown some support evidences for the cash balances of Simply Soup Inc., it’s more reliable to test support documents from external sources. Therefore, we have to request the cash…

The four key changes that were apparent in the HCA’s results were that revenue increased 8.5 percent to $8.434 billion, compared to $7.769 from the previous year. The revenue growth was attributed to patient volumes and patient utilization at the organizations facilities. Admissions increased 7.4 percent, a substantial percent increase from the previous year. Their cash flow from operations totaled $1.263 billion compared to $1,387 billion the year before. The facility emergency room visits…

The overall attractiveness of the industry is moderate. As a whole, the audio entertainment industry provides hundreds of thousands of jobs directly and indirectly. As a consumer, the attractiveness of this industry is high. The consumer has the ability to choose between the programming of AM/FM, internet, and satellite radio, based on their likes and dislikes, vis-a-vi payed programming versus commercial programming. The attractiveness remains high on the part of the consumer due to their…

The cost-plus-award-fee contract is contract where the contractor will offer estimated proposal for the cost to complete the project. The main goal is performance has incentive if contractor reach project’s specification. The incentive is geared towards completing the project to required specification for contractors to have additional compensation. The last resource to be sacrifice is the performance measurements. The downside is the buyer will be obligated to pay the stated fee and any…