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aleksandr82 [10.1K]
3 years ago
9

To make, sell, and distribute candy that Ethan has developed, he incorporates his business and designates his sister and brother

as corporate officers. He sells them shares of stock. No shares are offered to the public. The three agree that if any one of them decides to leave the business, the others will buy that person's stock. Ethan's corporation is most likely:
a. a benefit corporation.
b. a close corporation.
c. an S corporation.
d. an alien corporation.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Answer: a close corporation

           

Explanation: In simple words, a close corporation refers to a corporation the number of shareholders of which does not exceed more than the statutory limit of 35 and is not a public corporation.

In the given case, Ethan has distributed the shares of his organisation to his brother and sister. He has made provisions under no outsider will be able to have the shares of his company.

Hence from the above we can conclude that his corporation is a closed corporation.

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The organization structure that organizations most commonly adopt to solve control problems that result from producing many diff
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Answer:

d. product structure.

Explanation:

Product structure is designed for larger companies. In this flowchart, different products are separated into mini-companies while the management remain unique.

6 0
3 years ago
The master budget at Western Company last period called for sales of 225,000 units at $9 each. The costs were estimated to be $3
Vadim26 [7]

Answer:

Sales volume variance $26,250 Favorable

Explanation:

<em>The sales volume variance is calculated as the difference between the budgeted and the actual sales volume multiplied by he standard contribution per unit</em>

                                                                       Units

Budgeted sales units                                 225,000

Actual sales units                                      <u> 230,000</u>

Sales volume                                              5,000 favorable

Standard contribution(9-3.75)              <u>     × $5.25</u>

Sales volume variance                        <u>    $ 26,250 </u>

Sales volume variance                        $26,250 Favorable

<em>Note standard contribution = standard selling price - standard variable cost</em>

6 0
3 years ago
Lopes Increase the size of store and parking lot Do not increase the size of store and parking lot
Zielflug [23.3K]

Answer:

c. $1.0 million for Lopes and by $1.5 million for HomeMax.

Explanation:

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5 0
3 years ago
In the business market, organizational customers purchase products from the fishing and agricultural industries to use in their
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<span>In the business market, organizational customers purchase products from the fishing and agricultural industries to use in their finished products. These are examples of raw materials. 

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7 0
3 years ago
.
Lesechka [4]

Answer:

This is the sample answer

Explanation:

After a natural disaster, such as a major hurricane, there is increased demand for gasoline, lumber, bottled water, clothing, and other essential goods as people try to replace and rebuild what was lost. At the same time, the supply of these goods likely decreases because of disruptions to factories and transportation. Under normal market conditions, producers would raise their prices at the first sign of trouble, both to offset their own losses from the disaster and to obtain optimal profits.

However, people who have lost everything need to start rebuilding as soon as possible at a price they can afford to pay. The sooner the community is rebuilt and back to normal, the sooner the local economy will return to normal for both consumers and producers. For this reason, I think the government should introduce price ceilings on essential goods during a disaster. Many people would not be able to buy the goods they need without price ceilings. Although producers lose out on maximizing their profits, their actual losses are limited because they are allowed to raise prices to cover production and transportation costs driven up by the disaster.

Because citizens benefit so greatly from them, I think emergency price ceilings are beneficial to the economy as long as producers do not suffer significant losses from them.

6 0
4 years ago
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