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Delicious77 [7]
3 years ago
13

Rebecca Siddoway own and operate Country Candies. Siddoway specializes in making rich, creamy toffees that she packages in attra

ctive gift boxes and sells through the mail. What would her first step be if she decides to incorporate her business to make it easier to find investors?
Business
1 answer:
Fofino [41]3 years ago
4 0

Answer:

To write the articles of incorporation

Explanation:

An article of incorporation involves a set of documents being filed with the government or a government body with respect to the legal documentation or registration or establishment of a corporation.

Also known as the certificate of corporation, it usually contains general and important information about the corporation. This information includes name of company, type of company, business of the company, the type of stock to be issued, etc.

As regards Rebecca Siddoway, writing an article of incorporation means her company, Country candies has been formally and legally registered with the government. This will attract investors as the certificate of corporation will serve as a show of commitment on the part of the firm as well as the confidence that the company is not trying to swindle him or her.

Cheers

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When Yolanda asked her firm's advertising agency to estimate how often consumers saw her firm's IMC message and what percentage
Tcecarenko [31]

Answer:

A. 160

Explanation:

8 0
3 years ago
Bill, age 65 has 2020 unreimbursed medical expenses totalling $20,000 and an adjusted gross income of $170,000. How much of thos
svp [43]

Answer:

$7,250

Explanation:

You can deduct medical expenses <u>that exceed</u> 7.5% of your AGI (changes, but is currently at this level).

170,000 x .075 = 12,750

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I hope this helps!

-TheBusinessMan

7 0
3 years ago
The Retained earnings account has a credit balance of $23,800 before closing entries are made. Of total revenues for the period
skelet666 [1.2K]

Answer:

The ending balance in the retained earnings account is $31400.

Explanation:

The ending balance in the retained earnings accounts is equal to the opening balance of the retained earnings account plus the addition to the retained earnings for the year.

The addition to retained earnings will be the Net income less dividends.

The net income for the year was = 75200 - 55000 = $20200

Addition to Retained earnings = 20200 - 12600   = $7600

Closing balance of retained earnings = 23800 + 7600  = $31400

4 0
3 years ago
Investing is best for
nexus9112 [7]

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whats the question this is just a statement?

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I would like to help but I need a question

6 0
3 years ago
. Consider an economy that produces only chocolate bars. In year 1, the quantity produced is 4 bars and the price is $4. In year
NikAS [45]

Answer:

Nominal GDP in year 1 = $16

Nominal GDP in year 2 = $25

Nominal GDP in year 3  = $36

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Nominal GDP is GDP calculated using current year prices

Nominal GDP in year 1 = 4 x $4 = $16

Nominal GDP in year 2 = 5 x $5 = $25

Nominal GDP in year 3 = 6 x $6 = $36

5 0
3 years ago
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