Answer:
a) Ownership rights cannot be easily transferred. - True
b) Ownership rights cannot be easily transferred. - False
c) Owners have unlimited liability for corporate debts. - False
d) Capital is more easily accumulated than with most other forms of organization. - True
e) Corporate income that is distributed to shareholders is usually taxed twice. - True
f) It is a separate legal entity. It has a limited life. - False
g) Owners are not agents of the corporation. - True
Explanation:
A corporation is an organization established by the issuance (and purchase) of shares. It is identified as a separate legal entity from the owners and the liabilities of the owners is limited to the amount invested (in form of shares or stock). Ownership rights can easily be transferred through various means. One of such means is the sale of shares or stock in the secondary market.
The company pays company income tax on income earned while the shareholders (owners) also paid tax on dividend income. It has an unlimited life and is expected to continue to perpetuity.
The board of directors, managers of the company are the agents of the corporation acting on behalf of the owners.
A cash flow forecast predicts future cash inflows and outflows in future periods.
<h3>
What is a cash flow?</h3>
- The net balance of cash moving into and out of a business at a given point in time is referred to as cash flow.
- A business's cash flow is constantly in and out.
- A cash flow forecast anticipates future cash inflows and outflows.
- When a retailer buys inventory, for example, money leaves the company and goes to its suppliers.
- Expenditures incurred in the normal course of business are included in cash flow from operations.
- Payroll, cost of goods sold, rent, and utilities are examples of cash outflows.
- When business units are highly seasonal, cash outflows can vary significantly.
Therefore, a cash flow forecast predicts future cash inflows and outflows in future periods.
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Answer:
The correct answer is b) American will leave fares unchanged and Southwest will leave fares unchanged.
Explanation:
The Nash Balance is a situation where individuals or players have no incentive to change their strategy taking into account the strategy of their opponents.
In the Nash equilibrium, the strategy chosen by each participant of a conflict or game is optimal, given the strategy chosen by the others. In other words, nobody will gain anything if they decide to change their strategy under the assumption that the other individuals do not change theirs.
It should be noted that under the Nash equilibrium the greatest gain is not necessarily obtained for all individuals or players as a whole. It is only true that each responds optimally to the strategy of others. In many cases, individuals would like to be able to reach another balance with higher profits but fail to do so because they face the risk of being betrayed.
Answer:
a) Vertical thinking
Explanation:
Vertical thinking is a type of approach to problems that usually involves one being selective, analytical, and sequential,consists of using more of a conscious approach via rational assessment in order to take in information or make decisions.
RESALE occurs whenever a firm sells a product for a price that is less than the cost of producing it
