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barxatty [35]
3 years ago
14

John owns 500 shares of stock in Catawba Box, Inc. The company has recently announced the results for the quarter. The company e

arned a significant profit. Based on the form of ownership, the profit the company earns
Business
1 answer:
frutty [35]3 years ago
6 0

Answer: Is not taxed

Explanation: John owns 500 shares of stock in Catawba Box, Inc. He is the share holder of the company . An equity shareholder is the owner of the company. But for a big public limited company, they raise funds by going public and issuing shares to the public in small tranche. The profit earned by the company is taxable for the company while it is not taxed to the owners or the shareholders of the company as a company is a separate legal entity.

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2 years ago
Rimi currently earns $3300 per month. She has the following monthly debt payment expenses: $80 for credit cards, $130 for studen
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Answer:

No, her ratio is greater than 37%

Explanation:

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Computation:

Total debt to income ratio = Total debt / Total income

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Housing payments to income ratio = All insurances / Monthly income

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