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Vilka [71]
3 years ago
8

Thirteen sorority sisters decide to start a dog-walking business. They incorporate under the name Pro Canine Walkers, Inc., and

advertise their services throughout the city in newspapers and on flyers they post. All stock is owned by the 13 principals, and none is offered to anyone outside the 13. This corporation would be classified as a B) privately held professional corporation. A) privately held corporation. C) privately held public fessional corporation. D) privately held public corporation. corporation.
Business
1 answer:
dalvyx [7]3 years ago
5 0

Answer:

A) privately held corporation.

Explanation:

In the given example, the most appropriate option is a privately held corporation as the stock is owned by the 13 principles. It is not offered to anyone other than these 13 principles, which means they do not offered to the public at large.  

It is different from the publicly held corporation as the shares or the stock of the business organization are offered to the general public. But in this case, it offered to only 13 principles

Hence, other options are wrong except A

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The practice of constantly pursuing out, locating, and employing individuals for a certain post or career is known as recruitment. The whole hiring process, from the first stages to the recruit's absorption into the business, is covered by the term of recruitment.

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1 year ago
Some americans argue that _____ should be used to keep domestic wages high and unemployment low.
Lady_Fox [76]
The answer is "tariffs".

If we define tariff in simple words, then we can say that tariff is a tax and it adds to the cost of imported merchandise and is one of a few exchange arrangements that a nation can authorize. 
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3 0
3 years ago
Under variable costing, if a manager's bonus is tied to operating income, then increasing inventory levels compared to last year
inysia [295]

Answer: not affecting the manager's bonus

Explanation:

Under Variable costing, fixed manufacturing overhead is not charged on inventories produced or not sold for the year which means that regardless of inventory level, the relevant inventory here when it comes to calculating operating profit is the one that was sold.

The manager's bonus will therefore not change as a result of higher inventory levels. Were this absorption costing where fixed overhead was charged to inventory that was not sold, the manager's bonus would increase because the higher inventory level would absorb more of the cost.

7 0
3 years ago
If your credit reports show different scores, what should you do?
agasfer [191]
Contact your teacher
3 0
3 years ago
Read 2 more answers
During 2020 the DLD Company had a net income of $85,000. In addition, selected accounts showed the following changes: Accounts R
zmey [24]

Answer:

$84,500

Explanation:

Data provided as per the question

Net income = $85,000

Depreciation expenses = $1,500

Accounts receivables = $3,000

Increase in accounts payable = $1,000

The computation of amount of cash provided by operating activities is given below:-

Amount of cash provided by operating activities = Net Income + Depreciation expenses - Accounts receivables + Increase in accounts payable

= $85,000 + $1,500 - $3,000 + $1,000

= $84,500

Therefore, for computing the Amount of cash provided by operating activities we simply applied the above formula.

5 0
3 years ago
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