1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
It is argued that LIFO should not be allowed to compute net income because a. it does not match costs to revenues, especially wh
Bogdan [553]

Answer:

d. it causes profits to be understated when prices are rising and allows a company to dodge taxes.

Explanation:

The LIFO method should not be permitted to determine the net income as in this case the profits would be understated at the time when price is increased due to this it permits the company to dodge taxes as the inventory consumed in the production process also the high inventory value would be involved in the cost of sales that represent the high cost, this result in lower profits and taxes

Hence, the option d is correct

8 0
3 years ago
Using a perpetual inventory system, the seller’s journal entry to record the sale of merchandise on account includes a:_________
alexandr1967 [171]

Answer:

D. Debit to Accounts Receivable

Explanation:

Transaction of sale in Perpetual Inventory system will be recorded as follow:

                                          Dr.    Cr.

Account Receivable         xxx

Sales                                          xxx

Cost of Goods Sold          xxx

Merchandise Inventory            xxx

There is no entry to purchases, cost of goods sold is debited and inventory is credited. So, the only correct option which is dealt in above transactions.

5 0
3 years ago
Which of the following scenarios illustrates the law of demand?
Genrish500 [490]

Answer:

Option B is correct.

Explanation:

In order to answer this question correctly, we first need to understand the law of demands.

Law of demands: It says that the relationship of price and quantity demanded is inversely proportional. It means if the price of a particular product goes high, then the quantity of demand will be reduced. Similarly, if the price of the product is low then the quantity of demanded will be higher.

Here,

Option B is the most relevant to the Law of Demand which says that Kathleen eats more steak when the price is low. It means when the price is low, the quantity of steak demanded is higher in Kathleen's case. Furthermore, Kathleen eats less when the price is high. It means, when the price of steak is higher then the quantity of steak demanded from Kathleen is low.

Hence, Option B is the correct option which fulfills the law of demand.

3 0
2 years ago
Which of the following types of teams is the most autonomous?A. Self-managing teamsB. Quality circlesC. Semiautonomous work grou
coldgirl [10]

Explanation:

Autonomy -

It is refers to the degree to which the workers have the freedom , discretion , independence , so as to decide when and how to accomplish their jobs .

Hence , from the options given in the question ,

  • The most autonomous are the self designing teams and the  self - managing teams .
  • The least autonomous are the employee involvement groups and the  traditional work groups .
  • The moderate autonomous is the semi autonomous work groups .
7 0
3 years ago
Whats the number to 911?
neonofarm [45]

i dont know, it could really be any thing tbh

8 0
2 years ago
Other questions:
  • Which of the following is correct?
    15·1 answer
  • Which of the following statements about applying organizational socialization research is true? Multiple Choice Organizations ca
    11·1 answer
  • 16. Which type of footwear should be worn while working on a hybrid vehicle?
    8·2 answers
  • The application of science and research to human life and environments is called?
    6·1 answer
  • When analyzing financial statements it is important to recognize that accounting distortions can arise. Accounting distortions a
    7·1 answer
  • 1 Carlos owns a private limited company called BettaBakers Limited. It produces
    10·1 answer
  • Kevin durant vs giannis who winning gets 150m tommrow after the game lol
    15·2 answers
  • Ana, a project manager, has been asked to estimate the cost of the project. She wants that cost estimate for the project to be a
    14·1 answer
  • - If Qantas becomes the only firm in the airline industry, discuss the three (3 barriers of entry it wou create to remain as the
    10·1 answer
  • What is an area of business intelligence, which extracts information from data and uses it to predict future trends and identify
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!