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Assoli18 [71]
3 years ago
8

Rita and susan want to form and do business as trips & travel agency, inc. they will serve as the firm's directors and offic

ers, and will initially hold all of the stock in the company. a corporation is owned by
Business
1 answer:
mr Goodwill [35]3 years ago
8 0
The answer is shareholders. A business organization claimed either by non-administrative associations or by a moderately modest number of shareholders or organization individuals which does not offer or exchange its organization stock (shares) to the overall population on money markets trades, yet rather the organization's stock is offered, possessed and exchanged or traded secretly. More uncertain terms for a privately held organization are unquoted organization and unlisted organization.
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The Equal Employment Opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission, an agency created by the
PilotLPTM [1.2K]

The equal opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission by

  • issuing guidelines for employer conduct.
  • mandating specific record keeping procedures.

<h3>What is the Equal Employment Opportunity Act?</h3>

This is the act of the government that helps to ensure that all employers treat people of the US in all befitting ways regardless of their genders, race and skin.

The act talked against discrimination, it upheld compensation and the work condition of employees.

Read more on Equal Employment Opportunity Act brainly.com/question/14774625

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4 0
2 years ago
TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin
DENIUS [597]

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

6 0
4 years ago
Which statement describes the effect of taxes on a traditional 401(k) retirement account?
worty [1.4K]

Answer:

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

A 401 k is a qualified tax-advantaged saving retirement plan. Usually, 401K  plans are employer-sponsored. Employee contributions to the 401 k plans are deducted from the payroll before taxes are calculated. It means the employee contribution is not taxed at the time it's withheld by the employer.

The amounts saved are invested in market securities such as shares and bonds. The tax due from earning from the investment is deferred to the time of withdrawal. The employee is not required to pay taxes on contributions and investments earning every financial year.

3 0
3 years ago
Now, suppose the fish cannery has the property rights to the lake, including the right to pollute it. In this case, assuming the
zimovet [89]

The fish cannery will use the recycling method, regardless of who has the property rights: TRUE

<h3>What is recycling?</h3>
  • Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
  • Both the environment and your community may benefit from recycling.
<h3>Given situation:</h3>

"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.

In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.

The resort will make the most economic profit when it has property rights to a clean lake."

Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.

Know more about economic profits here:

brainly.com/question/24477585

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8 0
2 years ago
Marshall owns and operates a construction firm. He uses inexpensive and low-grade building products and accepts inferior carpent
Kitty [74]

Answer:

The correct option is (d)

Explanation:

Ethics is considered above law as law requires just compliance of laws, rules and regulations. Ethics on the other hand establishes a standard of moral conduct. Being mere legal does not mean that something is ethical. Ethical responsibilities are not codified as it is expected from businesses to follow the same.

Here, Marshall, though complied with legal frameworks, he failed to fulfill his ethical obligations by using low-grade products that could harm the general public in future.

3 0
3 years ago
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