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Stella [2.4K]
4 years ago
10

True or False: Most companies you see today are either corporations or limited liability companies?

Business
1 answer:
krek1111 [17]4 years ago
6 0

Answer: the above statement is true to some extent. Most of the businesses today are either cooperates or limited liability companies. This is because, many businesses try to remove the personal risk associated when running a business venture. Hence, they convert it into a limited liability business so the risk is only limited to the amount they invest.

However, there are still some business that are running on a smaller scale and have unlimited liability.


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Mi Ola swimwear may occasionally make changes to their corporate or business-unit strategies. Identify the item below that would
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Answer:

A) Offering a line of surf boards

Explanation:

If the company makes changes to how their products are made, e.g. different materials, colors, models, etc., they are not changing their corporate strategy, they are just modifying their product line. If they decide to start selling their swimsuits in a department store, they are increasing their outlets, that's all.

But when they decide to offer a very distinct product (a surfboard), then they are changing their corporate strategy from being just a clothing store to offering diverse products that can be used at a beach.

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4 years ago
Which resumé tends to be used to cover employment gaps?
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Functional is the resum<span>é which tends to be used to cover employment gaps.</span>
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3 years ago
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The ethical, legislative, social initiative is the agency responsible for
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They are responsibl for the consideration of ethical, legal, and social implications related to the human genome.

Hope this helps.

4 0
3 years ago
Effective leaders are also good members of a team. <br> A. True <br> B. False
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3 years ago
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Sheridan Chemicals Company acquires a delivery truck at a cost of $30,200 on January 1, 2022. The truck is expected to have a sa
Anvisha [2.4K]

Answer:

Year 1= $5,480

Year 2= $5,480

Explanation:

Giving the following information:

Sheridan Chemicals Company acquires a delivery truck for $30,200 on January 1, 2022. The truck is expected to have a salvage value of $2,800 at the end of its 5-year useful life.

Under the straight-line method, the depreciation expense is the same in all of the useful life of the truck.

We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (30,200 - 2,800)/5= $5,480

Year 1= $5,480

Year 2= $5,480

4 0
3 years ago
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