1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ratling [72]
3 years ago
9

A share of ownership in a corporation that represents a claim on a portion of that company's earnings is a ___?​

Business
2 answers:
FrozenT [24]3 years ago
8 0

Answer:

The correct answer is Stock.

Explanation:

A stock is a document that states that a person is a partial owner of a company.

Let's see in a better way how stocks work:

When a company needs to generate income to be able to invest them and generate more profits, it may choose to sell stocks. This means that it gives people the possibility to buy a small part of their company, and so the person who has a stock will receive a percentage of all the assets and profits that company obtains.

If a person has many more stocks, he will have greater profit and will be a larger-scale owner than another who has only a few. While a person with an action is a partial owner, <u>it does not mean that he can make decisions about that company. </u>

This can be allowed to large shareholders who own a large part of the company.

You can currently buy stocks online in an easier way without the need for that paper-printed document that was used in the past.

The good thing about buying stocks is that you will not be responsible for the debts that the company has, but the bad thing is that if that company is doing badly, your actions will lose value.

patriot [66]3 years ago
5 0

Answer:

Stock

Explanation:

The value of a company is divided into small units called stocks. Therefore,  a stock represents partial ownership in a company. Individuals who own the stock of a company are known as the shareholders. The term stock, equity, or shares are used to mean the same thing.

The more stocks or shares an individual or an institution hold, the higher the percentage of ownership. As the company owners, shareholders are entitled to a stake in the company profits. Each shareholder earns dividends at the end of a financial year if the company is profitable.

Shareholders influence the management of the company by electing board members who, in turn, appoint the CEO.

You might be interested in
Plant-wide, department, and activity-cost rates. Acclaim Inc. makes two styles of trophies, basic and deluxe, and operates at ca
Elena L [17]

Answer:

Acclaim Inc.

                                         Basic Trophies     Deluxe Trophies

Budgeted unit cost:

a. using single-plant o/h rate   $17.60                  $28.80

b. using departmental rates    $17.42                  $29.16

c. using ABC                            $18.26                  $27.48

d. They show different costs because the overhead rates are based on different parameters.

I recommend ABC system.  It is more fair because the overhead rates are based on product line's activity usage instead of an arbitrary figure.

Explanation:

a) Data and Calculations:

                                         Basic Trophies     Deluxe Trophies        Total

Budgeted production               10,000                   5,000              15,000

Batches                                         200                        50                   250

                                         Basic Trophies     Deluxe Trophies        Total

Forming Department            $60,000              $35,000           $95,000

Direct manufacturing labor $30,000              $20,000           $50,000

Assembly

Direct materials                    $5,000                $10,000            $15,000

Direct manufacturing labor  15,000                  25,000             40,000

Total direct costs              $110,000                $90,000        $200,000

Overhead costs                  66,000                   54,000           120,000

Total production costs    $176,000               $144,000        $320,000

Budgeted production          10,000                    5,000

Budget unit costs               $17.60                  $28.80

Overhead rate

Total overhead/total direct costs = $120,000/$200,000 = $0.60

                                                             Basic        Deluxe        Total

                                                         Trophies    Trophies

Forming department:

Overhead costs Setup $48,000

General overhead        $32,000

Total overhead costs   $80,000

Overhead rate = $80,000/$145,000 = $552

 Assembly department

General overhead         $40,000/$55,000 = $0.727

                                         Basic Trophies     Deluxe Trophies        Total

Forming Department            $60,000              $35,000           $95,000

Direct manufacturing labor $30,000              $20,000           $50,000

Total direct costs                 $90,000              $55,000          $145,000

Overhead costs                     49,680                 30,360              80,040

Total departmental costs  $139,680               $85,360         $225,040

Assembly

Direct materials                    $5,000                $10,000            $15,000

Direct manufacturing labor  15,000                  25,000             40,000

Total direct costs               $20,000                $35,000          $55,000

Overhead costs                    14,540                   25,445            39,985

Total departmental costs  $34,540                $60,445          $94,985

Total production costs     $174,220               $145,805       $320,025

Budgeted production          10,000                    5,000

Budget unit costs               $17.42                  $29.16

                                         Basic Trophies     Deluxe Trophies        Total

Forming Department            $60,000              $35,000           $95,000

Direct manufacturing labor $30,000              $20,000           $50,000

Assembly

Direct materials                    $5,000                $10,000            $15,000

Direct manufacturing labor  15,000                  25,000             40,000

Total overhead allocated  $72,600                 $47,400        $120,000

Total production costs    $182,600                $137,400       $320,000

Budgeted production          10,000                    5,000

Budget unit costs                $18.26                  $27.48

Overhead costs allocation:

                                                            Basic        Deluxe        Total

                                                         Trophies    Trophies

Forming department:

Overhead costs Setup $48,000/250  $38,400  $9,600     $48,000

General overhead  $32,000/$50,000   19,200   12,800       32,000

Assembly department

General overhead $40,000/$40,000   15,000   25,000      40,000

Total overhead allocated                    $72,600 $47,400   $120,000

6 0
3 years ago
El incremento de la población determina las clases sociales de un país de acuerdo con la teoría de los neoclásicos.
Alik [6]
What the question sorry I can’t help 68
8 0
2 years ago
How did the market economy and westward expansion intensify the institution of slavery?
Sladkaya [172]
I would say that the market economy and westward expansion promoted the institution of slavery as in the new United States whereby in order to sell more say cotton at a cheap price (the market economy) then the landowners would employ slaves for cheap labour so as to extract maximum profit from their labour.
7 0
3 years ago
Kilroy Corporation provides services to a customer for $1,000. The customer complained that there was a slight defect in the ser
nordsb [41]

Answer:

debit to Sales allowance of $50

Explanation:

When some defect in a product is revealed or notified by the buyer, the seller usually grants the customer an allowance which is termed as sales allowance.

It is usually allowed when the customer agrees to keep the product instead of returning the defective product which would constitute sales returns.

Following journal entry is recorded for recording sales allowance

Sales Allowance A/C                                     Dr. $ 50

    To Accounts Receivable                                          $50

(Being allowance for defects recorded)

Sales allowance is deducted from gross sales before the customer makes payment.

8 0
3 years ago
In one of the case studies in the textbook, Ernie Phillips was a CPA who had fallen on hard times both financially and personall
olga_2 [115]

Answer:

The fraud was discovered Option D: The operations manager found a check made payable to Phillips while searching Phillips' desk for some accounting records.

Explanation:

In the given case study, Ernie Phillips had got a job as a 'controller'. He had started writing checks to himself other than the payroll checks.

This fraud can be discovered when the operations manager found a check on Phillips desk which was payable to himself and it was other than the payroll check. Thus, Option D is the statement as an answer.

Cancelled checks do not have to do anything with the fraud, as per Option A, because cancelled checks are never cleared in the bank. The receiver doesn't usually receive a call before check clearance. So, Option B is also incorrect. No error was there in the check as stated in Option C.

8 0
3 years ago
Other questions:
  • A can of soda costs $0.75 in the United States and 12 pesos in Mexico.
    15·1 answer
  • After several years with the publishing house that Jessica started at after college, she has been promoted to manager of the fic
    11·1 answer
  • Johnna is 78 years old. She is deeply connected with nature, continuing to go for nature walks on a daily basis, and is very inv
    11·1 answer
  • In which area did government deregulation benefit both businesses and consumers (points 3)
    9·1 answer
  • What contributions can a career management program make to an organization that is forced to downsize its operations?
    14·1 answer
  • As of December 31, Year 2, Moss Company had total cash of $195,000, notes payable of $90,500, and common stock of $84,500. Durin
    7·1 answer
  • Net present value ____________________. Group of answer choices compares project cost to the present value of the project benefi
    14·1 answer
  • Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,100 units ar
    9·1 answer
  • On January 1, $500,000 of 8%, 10-year bonds were sold for $530,000. The bonds require semiannual interest payments on June 30 an
    10·1 answer
  • A company's goal-directed plans regarding how to compete for advantage is known as the firm's ______.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!