Answer: This business is a Private Corporation.
Explanation: As the name implies, a private corporation is an organization that is privately owned. Private corporations are capable of issuing stock and having shareholders, but their shares do not trade on public exchanges.
We can see that the company that is described in the scenario above possesses the attributes mentions in the definition.
The company is private because it has been in the family for five generations, also, the managers in the business are hired from within the family.
Answer:
YNW's ah family YNW's ah family
Explanation:
Entertainment; actors, singers, etc.
The statement is False as when the balance sheets for the two companies are submitted to investors, they are not obligated to disclose the same amount of net fixed assets.
The Property, Plant, and Equipment classification is used to categorize fixed assets on a company's balance sheet. The cost of fixed assets is decreased on the balance sheet by depreciating them over the course of their useful lives in order to account for wear and tear. Both firms started off with $1 million worth of identical fixed assets when they first opened their doors two years ago, and neither one has sold or added any new ones. So, they are not supposed to report the same amount of fixed assets to investors since there is an absence of asset purchases.
Both current assets and fixed assets are listed on the balance sheet, with current assets intended for use immediately or for cash conversion and fixed assets for longer-term usage (more than one year).
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Answer:
36 billion
Explanation:
The GDP can be calculated using the income approach in which the output of a country is equal to the total income people receive in that country.
GDP= Compensation of employees + Net interest + Rental income + Corporate profits
From this formula, you can isolate the compensation of employees:
Compensation of employees= GDP-Net interest - Rental income - Corporate profits
Compensation of employees= $65-$15-$7-$7
Compensation of employees= $65-$29
Compensation of employees= $36
The wages during 2009 in Sildavida were: $36 billion.
