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Triss [41]
2 years ago
6

Who faces limited liability, in the form of money, for the firm's debts in a corporation?

Business
2 answers:
telo118 [61]2 years ago
8 0
The individual stockholders face limited liability in the form of money
Zigmanuir [339]2 years ago
8 0

The answer is: Individual stockholders

When a business adopt a corporation form, the personal assets of the stockholders cannot be touched by liabilities that might occurs if the business is failing.

The liquidation process is limited to the assets that exist in company. After all assets are fully liquidated but still cant fulfill all the liabilities, the creditors are forced to consider the remaining amount as a loss.

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LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.2 hours of direct labor at the r
Oksana_A [137]

Answer:

$1,485,000

Explanation:

Given that,

Ending Inventory = 100 units

Sales = 38,000 units

Beginning Inventory  = 600 units

Direct labor hours required per unit  = 2.2 DLH

Rate per direct labor-hour = $18

Total Units produced in June:

= Ending Inventory + Sales - Beginning Inventory

= 100 units + 38,000 units - 600 units

= 37,500 units

Budgeted direct labor costs for June would be:

= Total Units produced in June × Direct labor hours required per unit × Rate per direct labor-hour

= 37,500 units × 2.2 × $18

= $1,485,000

3 0
3 years ago
Luis works as a marketing manager for a consumer products company. He feels strongly about the product lines he manages and is d
Juli2301 [7.4K]

Answer:

A) engaged

Explanation:

Luis has a passion for his work with high motivation so engaged is the right choice to describe his situation. Other choices have negative meanings that don't match with Luis's work.

5 0
3 years ago
The cost of coffee is determined by the type of coffee beans that are mixed together. The cost of a local mix of Arabica and Rob
Hoochie [10]

<span>A=1000</span> so now the equation is

<span>700(1000)+1200R=1,000,000</span><span>
700,000+1200R=1,000,000</span>
subtract <span>7000,000</span> to get:<span>1200R=300,000
</span><span>
then divide by </span><span>1200</span><span> to get</span><span>R=250</span>

6 0
3 years ago
Read 2 more answers
George is scanning new business listings looking for new customers. George is involved in the ________ step in the personal sell
kozerog [31]
George is involved in the prospecting step in the personal selling process.

During the prospecting phase, salespeople look for potential customer they will be able to market and sell to. The prospects need to be able, willing and likely to buy the product. If the potential customer (prospect) doesn't fit that description, they need to move on, and start looking for new prospects.
6 0
3 years ago
Which of the following is not one of the four basic strategies a company can employ to deal with competitive forces?A) Strengthe
AlekseyPX

Compete on employee loyalty is not one of the four basic strategies a company can employ to deal with competitive forces

<h3><u>Explanation:</u></h3>

There are different strategies that can be followed by a company while it is dealing with the competitive forces. These includes strengthening the intimacy of the customer and the suppliers. It can have a concentrated focus on the market niche or segment that is targeted.

It can opt for the differentiation in the products produced by it and attracting customers with that product difference. It can also follow a low cost leadership to gain customers. Thus the strategy that is not included by a company in dealing with competitive forces will be Competing on employee loyalty.

4 0
3 years ago
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