Answer:
(B) be able to transfer ownership without affecting the continuity of the company
Explanation:
The corporate form of business has many advantages incuding the ability to transfer ownerhip without affecting the continuity of the business ( the selling of shares). This is the case as the business is seperate from its owners. The business is a legal entity that own properties, and also carry' s out allot of activities on its own. This is not the case with sole proprietorship and partnership where the owners and the business are one and the same and the owners could be personally liable for its debts.
Answer:
Comprehensive resource management
Explanation:
In this case, the Nims management characteristic that best fits the issue described is Comprehensive Resource Management. This characteristic sets standards that help identify key requirements for tracking, mobilizing, soliciting, and allocating resources from personnel, teams, equipment, supplies, and whatever else is needed to assist with an incident.
Answer:
The amounts that Beldon should capitalize as the cost of the land and the new building is $64,900 and $528,500 respectively
Explanation:
The computations are shown below:
For land:
= Purchase value of the land + Demolition of old building + Legal fees for title investigation of land - Salvaged materials
= $60,000 + $4,500 + $2,500 - $2,100
= $64,900
For building:
= Architect’s fees (for new building) + Construction costs + Interest on construction loan
= $13,000 + $510,000 + $5,500
= $528,500
