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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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SmartCorp sells 500 units, resulting in $75,000 of sales revenue, $32,000 of variable costs, and $20,000 of fixed costs. The num
Alika [10]

Answer: 709

Explanation:

selling price per unit will be:

= $75000/500

= $150

Variable cost per unit:

= $32000/500

= $64

Contribution margin per unit = $150 - $64 = $86

Number of units to be sold will now be:

= ($20000 + $41000) / $86

= $61000/$86

= 709

3 0
3 years ago
What is customer service?
kow [346]

Answer:

A Customer service is a way to build positive, long-term

relationships with clients.

Explanation:

Customer service involves supporting existing and potential customers.  It entails providing professional, helpful, prompt, and quality assistance to customers before and after a transaction.

Customer service is about building a long-lasting relationship with clients. Good customer service creates and promotes a positive and friendly environment that leaves the client with a great impression. A satisfied, happy customer is likely to be loyal to the business.

8 0
3 years ago
Jerry, the manager at Cayman's Inc., strongly believes that his subordinates prefer to be directed, avoid responsibility, and fr
DerKrebs [107]

Answer:

Theory X

Explanation:

Theory X is one of the types of management. In this type of management, the managers presume that the employees are not motivated towards their work. They step out with methods like remuneration and increments to motivate the employees. These additional benefits are provided to them when the employees show great responses in tangible forms. The managers hold the thought that the employees need to be controlled and threatened to bring the maximum output of them. They also assume that the employees need constant supervision at every stage of their work.

In the given excerpt, it is evident from the steps taken by Jerry that he is a Theory X manager.

3 0
3 years ago
housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting an
natita [175]

Factory built Housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting and then transported to the building site for final assembly.

<h3>What is Factory built Housing?</h3>

Factory-Built Housing  can be described as the  residential building as well as  dwelling unit and it can as well be regarded as the individual dwelling room where parts can be stored.

It should be noted that this could be the  combination of rooms,  as well as the building components, assembly,  which help to concealed parts or processes of manufacturing before installation.

Hence , Factory built Housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting and then transported to the building site for final assembly.

Learn more about Housing at:

brainly.com/question/25773221

#SPJ1

CHECK THE COMPLETE QUESTION:

---------------housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting and then transported to the building site for final assembly.

5 0
2 years ago
A local restaurant has prepared a new recipe for it's lunch menu which form of nonprice competition is this?
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Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants. 
7 0
4 years ago
Read 2 more answers
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