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Nataliya [291]
3 years ago
14

A corporation is a type of business firm where the debt of the firm is considered its owners' personal responsibility.A.TrueB.Fa

lse
Business
1 answer:
yan [13]3 years ago
4 0

Answer:

The correct answer is false.

Explanation:

According to the question, the correct answer is false because a corporation is a type of business where the owners of the firm are not responsible for the debt of the firm.

Under corporation type of business, the only amount which is invested in the firm by the owner can be used to pay the debt.

This statement shows the proprietorship type of business in which the owner's personal wealth can be used to pay the amount of debt.

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Identify the statement that is incorrect. a. Higher financial leverage involves higher risk. b. Risk is higher if a company has
Savatey [412]

Answer:

c. Risk is higher if a company has more assets.

Explanation:

Financial leverage is the measurement of risk based on the debt of the company. More liabilities involves high risk  because company does not have enough to pay for the it's liabilities.  If company has more assets then the risk if lower because company is able to pay its liabilities from its assets. The statement " Risk is higher if a company has more assets" is incorrect.

6 0
3 years ago
Brian quit his job because he only wants to work on weekdays. Brian could be considered cyclically unemployed. frictionally unem
Elza [17]

Option B

Brian could be considered  frictionally unemployed.

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

Workers dropping their jobs or fresh workers enrolling the workforce both append to frictional unemployment. Frictional unemployment usually transpires even in a developing, solid economy. The frictional unemployment rate is determined by dealing with the workers actively seeing jobs by the total labor force.

Frictional unemployment is advantageous to an economy since it's a sign that individuals are attempting more desirable states. Frictional unemployment can be conquered by suddenly rivaling proposed job seekers with job opportunities. Frictional unemployment isn't devastating to economics.

7 0
3 years ago
Measuring GDP
Ymorist [56]

Answer:

$-625.4 billion

$20,494 billion

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

2531.3 - 3,156.7 = $-625.4 billion

GDP =  13,948.5 +  3,650.1 +  3,520.8 - $-625.4 = $20,494 billion

4 0
3 years ago
Acquiring Corporation transfers $1 million of its voting common stock and $100,000 cash to Target Corporation in exchange for 90
VladimirAG [237]

Answer:

Type C” reorganization

Explanation:

The restructuring qualifies as “Type C” reorganization because minimum 80% of assets of Target are obtained with Acquiring stock. At least 90% of the net assets and 70% of the gross assets are transferred from Target for Acquiring stock of voting. The exchange does not qualifies as a “Type A” as none of the liabilities are assumed by Acquiring. Therefore, the restructuring qualifies as “Type C” reorganization.

8 0
3 years ago
Which are the most likely uses of capital invested in a business? Check all that apply.
Rashid [163]

I believe the answer is: hiring workers

producing goods

distributing goods

buying materials

Capital investment would most likely be done in order to obtain and increase the amount of income, which is why most of it used would be spend to either advertising, production, and distribution. Paying taxes and repaying investors would be conducted after the income is obtained, not before.

8 0
3 years ago
Read 2 more answers
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