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3 years ago

Which of the following is one of the advantages of forming a corporation?

Business

2 answers:

Ivanshal [37]3 years ago

8 0

Answer:

1) B 2) Nonprofit corporation

Explanation:

1) By forming a Corporation your company will have uncountable partners, after making an IPO Initial Public Offer in Stock Market. That's why Corporations, among other reasons, can raise more money than other companies.

So, it's B, The ability to sell stock to raise funds

2) A nonprofit organization must reinvest its eventual profits, in the Corporation. By law, and specific regulations, these companies must solely reinvest in themselves.

So, it's A nonprofit corporation.

s344n2d4d5 [400]3 years ago

5 0

B a non-profit corporation

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Calculate working capital and current ratio Firm O has accounts receivable of $31,000, cash of $14,600, property, plant, and equ

Contact [7]

Answer:

Working capital=$59,200

Current ratio= 3 :1

Explanation:

Current ratio = current assets/ current liabilities

Current ratio = 31000+ 14600+432000 =88800

Current liabilities = 22,100+7,500 = 29600

Working capital = Current asset - current liabilities

= 88800 - 29600=59200

Working capital=$59,200

Current ratio = Current asset /current liabilities

= 88800 /29600 = 3 :1

Current ratio= 3 :1

5 0

3 years ago

Terry estimates that the costs of insurance, license, and depreciation to operate his car total $460 per month and that the gas,

puteri [66]

Answer:

Total cost= $984.62

Explanation:

Giving the following information:

Fixed cost= $460

Unitary variable cost= $0.34 per mile

Miles driven= 1,534

First, we need to establish the total cost formula:

Total cost= fixed cost + unitary variable cost*number of units

Total cost= 460 + 0.34*x

x= number of miles

Now, the total cost for the month:

Total cost= 460 + 0.34*1,543

Total cost= $984.62

7 0

2 years ago

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in

Sonbull [250]

Full question:

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in his warehouse and delivers them to various cabinet makers prior to them completing the cabinets' construction. Trent is a

A. retailer.

B. intrapreneur.

C. service provider.

D. wholesaler.

E. direct marketer

Answer:

Trent is a wholesaler

Explanation:

A wholesaler acquires the goods from a producer in mass quantity and re-sells it to retailers in tiny portions. Wholesalers obtain a central position in the retailing course set-up. Warehousing is an essential marketing function offered by the wholesaler.

A wholesaler holds a huge accumulation of goods for retailers. Wholesalers support to maintain prices by regulating stocks according to demand. Many wholesalers manage their warehouses for stocking goods. . He also trades goods to the retailer on account. Thus, at both edges the wholesaler serves as a financier.

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3 years ago

Journalize the following transactions for Pharoah Company. (If no entry is required, select "No Entry" for the account titles an

alexandr1967 [171]

Answer:

Journalize the following transactions for Pharoah Company.

Explanation:

Supllies 1050

Cash 1050

Retained earnings 440

dividen Payable 440

Cash 5800

deferred revenue 5800

16.

Cash 800

Account receivable 800

33.

Equipment 3300

cash 1250

Account payable 2050

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3 years ago

Read 2 more answers

What seems to be the overall result of government laws on wages?

victus00 [196]

The government laws on wages will safeguard the employees against employers who tend to be paying the least amount they could give. These also enhances the benefits that the employees are getting through pensions, health cards, etc. With the reinforcement of the law, many employees will be given the amount that is due the service that they are providing their employers.

7 0

3 years ago