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Mkey [24]
1 year ago
10

Rebecca Siddoway own and operate Country Candies. Siddoway specializes in making rich, creamy toffees that she packages in attra

ctive gift boxes and sells through the mail. What would be the advantage to Siddoway if she decides to incorporate her business?
1) Corporations have fewer government restrictions and regulations.
2) Corporations have guaranteed loans for expansion.
3) Corporations pay lower and fewer taxes.
4) Corporations have an enhanced ability to attract financing.
5)Customers and suppliers would treat her with greater respect if she operated her business as a corporation instead of a sole proprietorship.​
Business
1 answer:
Black_prince [1.1K]1 year ago
7 0

The advantage to Siddoway if she decides to incorporate her business is Corporations have an enhanced ability to attract financing.

A Corporations is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now permit the formation of new companies by registration.

The company is managed and supervised by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporate governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.

A Corporations company consists of shareholders, a board of directors and officers. When incorporating a company, owners and managers must be organized and given responsibilities and rights according to the rules laid down in the state corporate law.

Learn more about Corporations brainly.com/question/13551671

#SPJ1

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When two proprietors decide to combine their businesses and form a partnership, gaap usually requires that noncash assets be tak
Tcecarenko [31]
When proprietors decide to combine their business and form a partnership, gaap usually requires that non cash assets be taken over at : C. fair market vale
The data will be used to calculate the percentages of ownership of each combined companies

hope this helps
8 0
3 years ago
Crane, Inc. acquired 30% of Novak Corporation's voting stock on January 1, 2021 for $1110000. During 2021, Novak earned $433000
Pani-rosa [81]

Answer:

Amount to be included is Dividend income = $81,600

Explanation:

Dividend income = $272,000 * 30% =81,600

The only Investment amount to be include in the income statement is the dividend received (returns)  

4 0
3 years ago
Read 2 more answers
Here is the income statement for Windsor, Inc. WINDSOR, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue
astraxan [27]

Answer:

a) Earning per share $3.66

b) Price earning ratio 3.28 times

c) Payout ratio 20.09%

d) Time Interest earned 9.35 times

Explanation:

A) Calculation for Earnings per share

First step is to calculate the Weighted Average number of common shares outstanding using this formula.

Weighted Average number of common shares outstanding = (Number of common shares outstanding in the beginning + Number of common shares outstanding in the end)/2

Let plug in the formula

Weighted Average number of common shares outstanding= (22,400 + 36,600)/2

Weighted Average number of common shares outstanding= 29,500

Now let calculate the Earnings per share using this formula

Earnings per share = (Net income – Preferred stock dividend)/Weighted Average number of common shares outstanding

Let plug in the formula

Earnings per share= (112,500 – 4,600)/29,500

Earnings per share= 107,900/29,500

Earnings per share= $3.66

B) Calculation for Price-earnings ratio enter price-earnings ratio in times

Using this formula

Price earnings ratio = Market price of 1 common share/Earnings per share

Let plug in the formula

Price earnings ratio= 12/3.66

Price earnings ratio= 3.28 times

C) Calculation for Payout ratio enter payout ratio in percentages using this formula

Payout ratio = Cash dividends/Net income

Let plug in the formula

Payout ratio= 22,600/112,500

Payout ratio= 20.09%

D) Calculation for Times interest earned enter times interest earned using this formula

Times interest earned = (Net income + Interest expense + Tax expense)/Interest expense

Let plug in the formula

Times interest earned= (112,500 + 16,100 + 21,900)/16,100

Times interest earned= 150,500/16,100

Times interest earned= 9.35 times

Therefore:

a) Earning per share $3.66

b) Price earning ratio 3.28 times

c) Payout ratio 20.09%

d) Time Interest earned 9.35 times

3 0
2 years ago
What is the best explanation for the relatively horizontal area of the short run aggregate supply curve?
posledela

The best explanation for the relatively horizontal area of the short run aggregate supply curve is that, "with an economy operating below potential output, an increase in aggregate demand causes real output to increase."

The short-run aggregate supply curve is horizontal. This happens because in the short-run production can be increased without any real effect on the average costs of production.

The horizontal short-run aggregate supply curve shows that even if the output increases, the price remains the same. So here the aggregate demand curve can shift to the right and can meet the aggregate supply curve at a new point.

Hence, here the price level will remain unchanged.

To learn more about supply curve here:

brainly.com/question/15573167

#SPJ4

6 0
2 years ago
If the demand for a product was 16, 28, 20 and 24 units in four consecutive months, and the corresponding forecasts in those fou
Igoryamba

Answer:

5.5 units

Explanation:

Period   Actual     Forecast   Absolute deviation

   1            16              20                     4

  2            28              16                    12  

  3            20              20                    0

  4            24              30                    6

Total                                                   22

Mean absolute deviation(MAD) = Sum of absolute deviation / Number of periods

Mean absolute deviation(MAD) = 22 / 4

Mean absolute deviation(MAD) = 5.5 units

5 0
2 years ago
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