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
nevsk [136]
3 years ago
5

Ajak Corporation owns​ 85% of the single class of Utech Corporation stock. Utech Corporation owns​ 35% of Tech Corporation. Ajak

Corporation also owns​ 50% of Tech​ Corporation, and Tech Corporation owns​ 75% of Baxter Corporation.
A.
​Ajak, Tech,​ Utech, and Baxter Corporations are an affiliated group.
B.
​Ajak, Tech, and Baxter Corporations are an affiliated group.
C.
​Ajak, Tech, and Utech Corporations are an affiliated group.
D.
None of the above are correct.
Business
1 answer:
lys-0071 [83]3 years ago
3 0

Answer:

C.) ​Ajak, Tech, and Utech Corporations are an affiliated group.

Explanation:

An affiliated group refers to two or more separate corporations that have some type of common ownership relationship between them, but do not file consolidated financial statements, and therefore are considered separate entities for tax purposes.

To be considered an affiliated group, the parent company must own at least 80% of another corporation. Baxter corporation is excluded because Tech only owns 75% of it.

You might be interested in
Zook company is a wholesaler that buys footballs and then sells them to other businesses, such as sports authority and target. t
Misha Larkins [42]
Based on the given information above about the Zook Company which is a wholesaler company, the type of wholesaler that it falls into is in the JOBBER. It is classified as a jobber since the Zook company only has a limited merchandise as well as their functions are limited too. In addition, they do not give any feedback to the manufacturers from the retailers.
5 0
3 years ago
In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of t
Delicious77 [7]

This is a false statement

8 0
3 years ago
A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution
Mashutka [201]

Answer:

Income = $30,000

Explanation

<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product </em><u><em>with he highest contribution per unit of the scare resource</em></u>

Product       Cont/unit          machine hr /unit    cont/hr    Ranking

A                    $8                    2 hrs                      $4/hr             2nd  

B                    $18                  3 hrs                       $6/hr            1st

<em>Hence the company should allocate the resource to the product B</em>

<em>Hence the total contribution</em>

= 5000 hrs × $6 per hr.

= $30,000

Income = $30,000

6 0
3 years ago
In monopolistic competition, if a firm advertises and effectively raises consumer awareness of its product, it tends toA) lower
raketka [301]

Answer:

B) raise costs and increase demand for its product

Explanation:

A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.

Monopolistic competition engage in advertisement to increase the awareness for their goods.

If advertising is successful , it increases the demand for their goods and services.

Advertising also increases the cost of production.

I hope my answer helps you.

5 0
3 years ago
how often is simple interest used in the business and banking worlds? a. rarely, d. regularly, c. frequently, d. most...
bagirrra123 [75]
I would say your answer is A.

Glad I could help, and good luck!

8 0
3 years ago
Other questions:
  • Healthy Foods just paid its annual dividend of $1.62 a share. The firm recently announced that all future dividends will be incr
    8·1 answer
  • Identify whether each of the following examples belongs to Money aggregates (M1 or M2). If an example belongs in both, be sure t
    8·1 answer
  • Which of the following is NOT one of Porter's five primary forces?
    8·1 answer
  • A monopolistically competitive firm is currently charging a price of $10 and producing 12,000 units/month. It faces monthly fixe
    15·1 answer
  • The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this pro
    8·1 answer
  • Oooops! I just found out that Florida is not next door. In fact, it will cost me $600 just to get to Florida, regardless of how
    9·1 answer
  • Suppose there is a major technological advance in the production of a good that causes production costs to fall. If demand for t
    6·1 answer
  • Waterway Corporation purchased a truck at the beginning of 2020 for $59,500. The truck is estimated to have a salvage value of $
    11·1 answer
  • What advice or tips does Lauren Haugen have for people who are learning to manage their finances?
    10·1 answer
  • roponents of zero inflation argue that a successful program to reduce inflation a. permanently raises unemployment. b. eventuall
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!