1. Which of the following statements generally cannot be correct for an investor who faces unlimited liability on an investment?
A. The investor owns stock in the firm.
B. The investor has no partners.
C. The investor is subject to double taxation.
D. The investor is responsible for managing the firm.
2. Digby's turnover rate is 6.28% This rate will remain the same next year and no further downsizing will occur from automating. Digby plans to spend an additional $500 beyond the $1,000 recruiting base. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Digby next year?
A. 200,181 B. 166,188 C. 183,499 D. 216,863