Three advertising executives have decided to start their own business. They will each invest the same amount to get the business started and plan to split profits evenly among themselves. They would like limited liability and would like to avoid double taxation. Which type of business ownership would best suit their needs

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: