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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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