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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.

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The procedure that best discourages the resubmission of vendor invoices after they have been paid is
Katena32 [7]

Answer:

The cancellation of vouchers by treasurer personnel

Explanation:

When a business uses vendors for some of its service needs there is the possibility of paying vendors twice for the same service of invoice is submitted twice.

The treasurer is the person that disbursed funds to vendors for services rendered. He is tasked with cross checking if payments are duplicated.

To avoid this it is best to have the treasurer personnel cancel vouchers that have been paid.

This will provide an effective check on duplicate payments.

4 0
3 years ago
What does good customer service mean to you?
PSYCHO15rus [73]
If you give sales, have really good customer service, have clearance on some items, and if they honor what a worker says to the customer. Also if the workers are respectful
4 0
3 years ago
You are comparing two annuities that offer quarterly payments of $2,500 for five years and pay .75 percent interest per month. Y
shepuryov [24]

Answer:

The answer is: Annuity B has a smaller present value than annuity A.

Explanation:

The present value is the current value of a future cash flow. Money today is worth more than money earned tomorrow or in a year. So the sooner you receive a payment, its present value will be higher.

For this question, annuity A starts paying TODAY (higher present value), while annuity B starts paying in ONE MONTH.

7 0
3 years ago
Jaffe found that stock prices __________ after insiders intensively bought shares and __________ after insiders intensively sold
kifflom [539]

Answer: increased, decreased

Explanation: The following case relates to insider trading which refers to the situation when some employees of the organisation,having private information regarding the decisions uses that information for gaining profit in the stock market by treading their company's stock.

When the insiders extensively bought the stock which means the company is going to make a decision from which the stock price is gonna rise and vice versa.

6 0
3 years ago
Starbucks is opening a location in China every 15 hours, and just opened its largest location in the world in Shanghai. Which me
docker41 [41]

Answer:

The correct answer is letter "C": wholly-owned subsidiaries.

Explanation:

Starbucks Corporation was founded in 1971 in Seattle, Washington in the U.S. Nowadays the company has a presence in more than seventy-five (75) different markets part of its wholly-owned subsidiaries. Starbucks is not a franchise,  but it provides licenses to investors. In <em>China</em>, for instance, Starbucks has opened more than three thousand (3,000) stores becoming Starbucks' second-largest market.

8 0
3 years ago
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