Cralic Company Has 12 Employees and Operates in Texas

question 9

Multiple Choice

Cralic Company has 12 employees and operates in Texas.The Form 940 for the previous year contained the following information:

What amount should be entered on line 8?

• A)$504.00
• B)$1,008.00
• C)$1,535.91
• D)$1,031.91

---

Definitions:

Transferee

An individual or entity that receives property, rights, or liabilities from another through a legal transfer.

Manager-Managed LLC

A limited liability company structured so that managers, rather than members, handle the daily operations.

Judicial Dissolution

The process by which a court orders the dissolution or termination of an entity, such as a corporation or partnership, based on legal grounds.

LLC

Abbreviation for Limited Liability Company, a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.