All categories

2 years ago

What is a corporation?

Business

2 answers:

Ksivusya [100]2 years ago

7 0

Answer:

A corporation is a buisness owned and operated by one person and the most common form of business ownership

Vilka [71]2 years ago

3 0

Answer: I Honestly think the answers D.

Explanation:

You might be interested in

Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is nee

Ludmilka [50]

The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.

4 0

2 years ago

McDonald's "Plan to Win" strategy has added healthy food options to its menu, phased out traditional artery-clogging trans fats,

Anarel [89]

The correct answer will be A

7 0

2 years ago

As it turns out, Brian and Sondra's good fortune with the restaurant has caused their competitors to lose business. In fact, Caj

iren2701 [21]

Answer: Brian and Sondra have, done nothing illegal

Explanation:

Brian and Sondra company are totally in their right, they are not directly involved in the poor fortunes of their competitors.

A rise in sales at Brian and Sondra company led to drop in the sales of their competitors leading to closure of their competitors businesses.

5 0

3 years ago

Perform a sensitivity analysis by answering the following questions: a. What is the break-even point in sales dollars for RBC? b

Rzqust [24]

a). Breakeven point = Total fixed costs ÷ Contribution margin ratio

Contribution ratio = Contribution margin ÷ Total sales

Contribution ratio = $822,212 ÷ $1,953,000 = 0.421

Breakeven point = $520,000 ÷ 0.421= $1,235,154.

b). Margin of safety = Total Sales - Break-even point

Margin of safety = $1,953,000 – $1,235,154= $717,846.

c) Target profit =(Total fixed costs + Target profit) ÷ Contribution margin ratio

Target profit = ($520,000 + $200,000) ÷ 0.421= $720,000 ÷ 0.421= $1,710,214

Explanation:

The Data sheet has been added as an attachment

8 0

3 years ago

Stanley, Inc.'s 2018 income statement reported net sales of $6,000,000, uncollectible accounts expense of $160,000, and net inco

Daniel [21]

Answer:

d. Account receivable days = 72 days

Explanation:

The average receivable days. This is the average length of time it takes a business to collect the amount due from its customers in respect of credit sales.

When a business sells on credit , customers are expected to settle their account within a given credit period. Account receivable days is computed to evaluate how well a business is managing its investment in the account receivables.

The shorter the better, as it means that custmers are paying on time, thereby preserving cash position for the business and reducing the risk bad debt.

A prolonged account receivable days means a poor credit control system which comes with the attendants risk bad debt and additional financing costs for the business.

To compute the account receivable days (debtors collection period), use this formula:

Account receivable days= (Average account receivable/Credit sales) × 360 days.

So we apply this to the question:

Account receivable days= ( 1,200,000/6,000,000) × 360 days

= 72 days

5 0

3 years ago