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Alex777 [14]
3 years ago
11

Next to the following list of eight characteristics of business organizations, select a brief description of how each characteri

stic applies to corporations. 1. Owner authority and control 2. Ease of formation 3. Transferability of ownership 4. Ability to raise large amounts of capital 5. Duration of life 6. Owner liability 7. Legal status 8. Tax status of income Descriptions: corporate income is taxed, high ability, limited, one vote per share, readily transferred, requires government approval, separate legal entity, unlimited
Business
1 answer:
Gemiola [76]3 years ago
4 0

Answer:

1. Owner authority and control - one vote per share, readily transferred

2 Ease of formation - requires government approval

3. Transferability of ownership - readily transferred

4. Ability to raise large amounts of capital - high ability

5. Duration of life - Unlimited

6. Owner liability - limited

7. Legal status - separate legal entity

8. Tax status of income - corporate income is taxed

Explanation:

A corporation is a business type :

1. Ownership of a corporation can be acquired by acquiring shares of the corporation.

2. A corporation requires government approval and a lot of legal requirements before it can be formed.

3. A corporation can raise capital through issuing shares, bonds and borrowing from financial institutions .

4. The liability of shareholders who are the owners are limited to the amount invested.

5. Corporate income is taxed and profit distributed to shareholders are also taxed.

6. A corporation is a separate legal entity.

7. The life of a corporation can be unlimited.

8. One share is equal to one voting right.

I hope my answer helps you

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The answer is job description (JD).

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The job description is the summary of tasks, duties, and responsibilities for a particular position. The job description also includes the requirements for the position holder. In some cases, it may details the reporting line, compensation and benefits regarding to the job.

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Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem
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Answer:

EOQ= 300 units

Annual ordering cost= $3750

Annual holding cost =$3750

Re-order point =100 units

Explanation:

The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.

It is computed using he formulae below

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EOQ = √ (2× 75× 15,000)/25

EOQ = 300 units

Annual holding cost

= EOQ/2 × holding cost per unit

= 300/2 ×  $25

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Annual ordering cost

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=( 15,000/300)× $75

= $3750

Re-order Point

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3 years ago
When companies recruit people to promote products to friends and other contacts in exchange for free samples or other​ rewards,
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Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000
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Answer:

Total Cost of Work in Process

$57,854

Total cost of the units

d. $120,060

Total cost of beginning inventory

c. $62,206

Explanation:

Department G has 3,600 units which were 25% completed. The units completed during the period are 11,000.

3,600 * 25% = 900

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