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2 years ago

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

Business

2 answers:

Ivanshal [37]2 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]2 years ago

5 0

B a non-profit corporation

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"A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value

Dmitry_Shevchenko [17]

Answer:

market rates have increased

Explanation:

Bonds as well as brokered CDs are priced depending on the market's interest rates for similar investments. For example, the CD pays a 3% interest, and then the market rate increases to 3.1% (or more), the CD's price will decrease. On the other hand, if the market rates decrease to 2.9% (or less), the CD's price will increase.

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2 years ago

When a company is using double-entry accounting, what elements of a given ledger must be equal?

VLD [36.1K]

When a company is using double-entry accounting, the elements of a given ledger that must be equal are the debit and the credit. They should reflect the balance of the books. There should be an equal amount in the debit column and in the credit column.

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3 years ago

Paano nakakatolong ang mga estruktura ng pamilihan sa pagpapaunlad ng ating bansa

kicyunya [14]

Answer:

<h3>PARA MAS LALO PANG GUMANDA ANG MGA STRAKTURA SA BANSA AT MARAMING MAIGANYUHAN ANG MGA TAO. NAKAKATULONG ITO SA MGA TAONG MAY TRBAHO NA MAY MGA HANAP BUHAY NA MAS LALO PANG LALAGO.</h3>

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Explanation:

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2 years ago

Toussaint Company issued 10,000 shares of its common stock in exchange for merchandise that it will resell. The merchandise had

Aleks [24]

Answer:

The correct answer is $300,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Original cost = $250,000

Fair value = $300,000

Retail value = $520,000

As Share based transaction of the organization record or issued always at fair value for which the goods or services are exchanged.

Here, Fair value is given.

So, the transaction will be recorded at fair value = $300,000

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2 years ago

Closing entries are not needed if adjusting entries are prepared need not be journalized if adjusting entries are prepared must

anastassius [24]

Answer: Closing entries: " must be journalized and posted ".

Explanation: Closing entries are those registrations that are ALWAYS made at the end of an accounting period because it cancels the balance of all temporary accounts to transfer them to permanent accounts.

Temporary accounts are profit and loss accounts, so the result of the year is determined in this way.

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2 years ago