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
I username is BIuebunny165
Nostrana [21]

Answer:

ok

Explanation:

3 0
2 years ago
Read 2 more answers
A market is described by the following supply-and-demand curves:QS = 2PQD = 300−PSuppose the government imposes a price ceiling
Zarrin [17]

Answer:

Binding

$100

200

200

Shortage

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good.

A price ceiling is binding when the price ceiling is below the equilibrium price.

To find the equilibrium price, equate qs to qd because at equilibrium, quantity supplied is equal to quantity demanded.

2P = 300 - P

3P = 300

P = 100

Equilibrium price is $100.

$100 > $90. Therefore, price ceiling is binding.

To find quantity supplied, plug in the value of P into the equation for quantity supplied

QS = 2(100) = 200

To find quantity demanded, plug in the value of P into the equation for quantity demanded

QD = 300 - 100 = 200

when price is below equilibrium price, quantity demanded increases while the quantity supplied decreases. This leads to a shortage.

I hope my answer helps you

3 0
4 years ago
One example of a company that is allowed to sell shares to the public​
Nuetrik [128]

A public company may be formed by persons among the public including Indian nationals or foreigners. It may be conceived in the government, cooperative, joint, as well as private sector of the economy. Some examples of public companies are, Reliance Industries, Tata Motors, Bharti Airtel, Larsen & Tourbo, etc.

mark me bainlest plss

5 0
3 years ago
Cedrick's credit card was​ stolen, and he did not realize that it was stolen until he received his most recent billing stateme
denis23 [38]

Answer:

Cedrick's potential maximum liability = $50

Explanation:

Given:

$250 = a Blueminusray player

$600 = new set of tires

$200  = Cash withdrawal

$40 = interest charges

Find:

Cedrick's potential maximum liability

Computation:

Cedrick's potential maximum liability = Blueminusray player  - Cash withdrawal

Cedrick's potential maximum liability = $250 - $200

Cedrick's potential maximum liability = $50

7 0
2 years ago
Is ordering a pizza for someone else illegal?
Over [174]
No, its not illegal to order a pizza for someone else
4 0
3 years ago
Other questions:
  • A broker-dealer owns 100 shares of abco stock, which it purchased at 28. if the stock is sold to a customer, the broker-dealer w
    5·1 answer
  • Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
    13·1 answer
  • Sales are $1.44 million, cost of goods sold is $570,000, depreciation expense is $144,000, other operating expenses is $294,000,
    10·1 answer
  • Identify four factors that affect whether an industry does or does not present a company with a good business opportunity?
    12·1 answer
  • Productive resources are _____.
    12·2 answers
  • As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales
    9·2 answers
  • The agreed cost of an item to be purchased by a business on credit is 4000. The applicable cost will be debited to advertising e
    9·1 answer
  • Privacy laws include governing: agreements about supply and delivery of goods. agreements about supply and delivery of goods. en
    6·1 answer
  • Explain the importance of decision making in management
    12·1 answer
  • The Big Black Bird Company​ (BBBC) has a large order for special​ plastic-lined military uniforms to be used in an urgent milita
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!