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mina [271]
3 years ago
6

Which of the statements below is​ FALSE? A. Common​ stock's ownership claim on the assets and cash flow of a company is often re

ferred to as a residual claim. B. The profits for common stock owners come before payment to​ employees, suppliers,​ government, and creditors. C. Stock is a major financing source for public companies. D. Shareholders elect the board of​ directors, which ultimately selects the management team that runs the dayminustominusday operations of the company.
Business
1 answer:
elixir [45]3 years ago
8 0

Answer:

The option B. The profits for common stock owners come before payment to​ employees, suppliers,​ government, and creditors. is the false statement.

Profit is any amount that is left after setting aside the cost and liabilities. It is financial gain which is represented by the difference between the amount that is spent and the amount that has been earned or gained. Whereas common stock is a kind of a common share holder equity which also considered to be a type of a security.

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Hackers probably and even if only one person leaks something, it'll travel fast.

Explanation:

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3 years ago
Cala Manufacturing purchases land for $390,000 as part of its plans to build a new plant. The company pays $33,500 to tear down
Svetlanka [38]

Answer:

Explanation:

The journal entry is shown below:

Land A/c Dr $470,500

Land Improvement A/c Dr $87,800

Building A/c Dr $1,452,200

 To Cash A/c                               $2,010,500

(Being these costs are recorded)

The computation of the land is shown below:

= Purchase cost of new plant + tear down cost + fill and level the lot cost

= $390,000 + $33,500 + $47,000

= $470,500

7 0
3 years ago
​Marketing, selling,​ distribution, and administrative​ expenses: A. can be traced through causal relationships to products. B.
lorasvet [3.4K]

Answer:

C) are independent of volume and product mix.

Explanation:

This is true because marketing, sales, distribution and administrative expenses are generally mixed costs. That means that they are part variable and part fixed.

For example, most salespeople's salary consists of a small fixed amount and a percent per total sales made.

Distribution costs also vary because generally when you purchase a truck, the largest cost is the truck itself, and the driver also gets paid on a monthly basis, insurance, etc., but other costs like fuel and maintenance costs vary depending on how much the trucks are driven, so they depend on the volume distributed.

Administrative expenses are also mostly fixed, but they might include bonuses for good performance which depend on total sales, and other expenses that might increase when total sales increase.

Finally marketing expenses are generally determined as a percentage of the expected sales revenue generated by the products. There are several ways to determine marketing expenses, but they all are based on a fixed amount (e.g. cost of producing an advertisement) and variable factors like market share or sales growth. E.g. you will advertise more intensively in the areas where your product sells better.

6 0
4 years ago
How to make a business title​
Bumek [7]

Answer:

In this article, we'll give you eighteen tips for coming up with a great business name.

Use acronyms.

Create mash-ups.

Get inspiration from mythology and literature.

Use foreign words.

Use your own name.

Take a look at a map.

Mix things up.

Partner with another company.

4 0
3 years ago
Read 2 more answers
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