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melomori [17]
3 years ago
5

Which of the following is a business organization owned by a group of people for their mutual benefit?

Business
2 answers:
AlladinOne [14]3 years ago
6 0

Answer:

a. a cooperative

Explanation:

Companies can acquire various legal forms. Its main classification is the one that distinguishes between individual companies and commercial companies. Within this last group, the most important are collective societies, single or joint-stock companies, limited ones, corporations, labor and cooperatives

Cooperative societies fall within the group of societies of social interest, within mercantile societies, and their motto could very well be "the union is strength." Cooperatives are born because several people have common interests and decide to join their efforts and their capital to carry out a business activity that they could not do each separately.

slava [35]3 years ago
4 0
 A cooperative. <span>A </span>cooperative--<span>a business owned by a group of people to meet mutual (economic, social and cultural needs and aspirations).</span>
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This request cannot be honored because the securities must be paid for, in full, to process a transfer and ship request

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An investment proposal with an initial investment of $100,000 generates annual net cash inflow of $20,000 for a period of 10 yea
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5 years

Explanation:

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The payback period for this investment project is 5 years.

or

100,000/20,000=5 years

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Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. What arguments suppo
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At Parks and Helms Designers, a group of architects are developing the first drawings for a proposed multiuse office development
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On January 1, 2022, The Eighties Shop has 100,000 shares of common stock outstanding. The Eighties Shop incurred the following t
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Answer:

Date        General Journal                Debit            Credit

March 1   Bank A/c                        $2,650,000

                  (53,000 × $50)

                       Share Capital A/c                            $53,000

                        (53,000 × $1)

                        Share Premium A/c                        $2,597,000

                        [53,000 × $49 ($50 - $1)}  

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May 10     Treasury Stock A/c            $254,400

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                        Cash A/c (4,800 × $53)                  $254,400

               (Being purchase of 4,800 treasury stock for $53 )    

June 1       Retained Earning A/c        $207,480  

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                 (Being cash dividend declared)

July 1        Dividend Payable A/c       $207,480

                           Cash A/c                                        $207,480

                 (Being cash dividend paid)

October 21  Cash A/c (2,400 × $58)   $139,200

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