Ask question

Ask question

All categories

4 years ago

10

The most effective form of business organization for raising capital is the a. sole proprietorship. b. syndicate. c. joint ventu

re. d. partnership. e. corporation.

1 answer:

Sergio039 [100]4 years ago

6 0

Answer: option E -Corporation

Explanation:

Corporation is the most effective form of business organization for raising capital

You might be interested in

A construction company entered into a fixed-price contract to build an office building for $16 million. Construction costs incur

german

Answer:

On the balance sheet it will appear:

account receivable 2,000,000

unbilled contract revenue 1,800,000

Explanation:

Using percentage of completion method:

3,000,000 cost incurred + 7,000,000 cost to complete= 10,000,000 total cost

3,000,000/10,000,000 = 30%

16,000,000 revenue x 30% = 4,800,000 millions

cash 1,000,000

account receivable 2,000,000

unbilled contract receivable 1,800,000

contract revenue earned 4,800,000

6 0

4 years ago

Martina advises her tax client, Breslin Baked Goods, to disclose a matter by

Angelina_Jolie [31]

Answer:The answer is B

Explanation:

The ethics of a profession are the rules and regulation put in place by the professional body for the profession to guide the conduct of each professionals in the practice of their profession. The ethics of the profession also specify the punishment that will be given to any members that break the rules set for them in code of professionals practice. The pratictioners in the performance of their duties must be objective, show high level of integrity, and must not be seen to be misrepresenting the facts.

The CPA are responsible for given professional advice to their client, they also prepare the tax returns of their client and also they help their client in filing their tax return with the tax authority (IRS). In this case, since Breslin has refused to disclose a matter, Martina has to terminate the engagement and report Breslin to the IRS office of professional responsibility. So that in the event that the IRS now discovered that Breslin Baked Good has not been paying the correct tax they supposed to pay to the government, Martina would have been free of the crime, because he has reported the matter to the IRS to free himself from the blame and not to be regarded as an accomplice in the crime.

6 0

3 years ago

Wendy Epstein, a sales representative, earns an annual salary of $29,500 and receives a commission on that portion of her annual

Likurg_2 [28]

Answer:

a. Regular annual salary = $29,500

b. Sales commission = $13,750

c. Total annual earnings = $43,250

Explanation:

a. Regular annual salary is constant and fixed = $29,500

b. Sales commission for sales above $150,000 to $200,000 = 8.5%

On sales above $200,000 Sales commission = 10%

Actual Sales for the year = $295,000

Sales Commission

= $200,000 - $150,000 = $50,000 $\times$ 8.5% = $4,250

+ $295,000 - $200,000 = $95,000 $\times$ 10% = $9,500

Total commission = $4,250 + $9,500 = $13,750

c. Total annual earnings = Annual salary + Total commission

= $29,500 + $13,750 = $43,250

Final Answer

a. Regular annual salary = $29,500

b. Sales commission = $13,750

c. Total annual earnings = $43,250

7 0

3 years ago

ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders

VashaNatasha [74]

Answer:

The value of a right is $1

Explanation:

10 rights are needed to buy 1 share at the price of $19

Value of total rights = $29 - $19 =$10

Value of a right = $\frac{10}{10}$ = $1

4 0

3 years ago

Customer relationship software allows bank service representatives to determine quickly which types of accounts, loans, and cred

icang [17]

Answer:

The answer is: Product development strategy

Explanation:

A product development strategy takes place when a company decides to produce new product lines or expand existing lines, and then offer those "new products" to current or new markets.

In this case the bank uses the clients´ information to determine what other "new products" they can offer them. The bank is expanding its product lines and offering them to their existing customers.

7 0

3 years ago