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3 years ago

Which of the following statements is true of a corporation?

Business

2 answers:

Butoxors [25]3 years ago

8 0

Answer:D

Explanation:

Vladimir [108]3 years ago

3 0

Answer:

d. Corporations pay income tax on corporate earnings, and shareholders pay personal income tax on corporate dividends and gains from the sale of stock.

Explanation:

At the end of each accounting period, the corporation is expected to pay a tax known as income tax from the taxable income earned by the corporation. This tax is paid by the corporation before the amount to be paid to the shareholders of the company in form of dividends.

The shareholders of the company are further subjected as individuals to personal income tax.

This is known as double taxation of dividend. Gains from sale of stock are also taxed under personal income tax.

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Sunny Co has a debt-to-equity ratio of 1.00, compared to the industry average of 0.80. Its competitor Carter Co., however, has a

ankoles [38]

Answer:

The answer is C.

Explanation:

Debt-to-equity ratio is an economical term that is used to express the balance between a companies total debt and its assets. It shows at what ratio the company's assets are funded by investors, stakeholders etc.

Since the industry average debt-to-equity ratio is 0.80 and the two companies have debt-to-equity ratios of 1.00 and 1.50 respectively, they are both over the average.

But with the higher ratio, Carter Co. has a higher financial risk compared to Sunny Co. and the industry average debt-to-equity ratio. So the correct answer is C.

I hope this answer helps.

8 0

3 years ago

Kirksand Airlines is well known for providing excellent customer service to its flyers. The staff members enquire and listen car

polet [3.4K]

Answer:

The correct answer is B. personalization.

Explanation:

At present, consumers no longer like the idea of being seen as simple numbers by brands and companies, this implies that those who seek to reach these individuals should work harder to change the way they relate and direct to this, and one of the most effective methods today is through personalization, which implies a better understanding of consumers to become more relevant to them. Salesforce notes that by 2021, 51 percent of consumers would be waiting for companies to anticipate their needs and make relevant suggestions before a contact is established.

Therefore, we can talk about personalization as an increasing tactic, which is being well perceived by businesses and consumers. Particularly in the case of business, the benefits have been significant, Monetate notes that 79 percent of organizations that exceed their revenue goals have a documented personalization strategy.

3 0

3 years ago

Brief Exercise 12-06Flint Corporation owns a patent that has a carrying amount of $290,000. Flint expects future net cash flows

Morgarella [4.7K]

Answer:

Debit Impairment loss account $50,000

Credit Intangible asset account $50,000

Being entries to recognize impairment loss on patent.

Explanation:

According to IAS 36, an asset is impaired when the carrying amount of the asset is more than the recoverable amount. The recoverable amount is the higher of the fair value and the future net cash flow from the assets.

Given;

Carrying amount = $290,000

Expected future net cash flows from this patent = $240,000

Fair value of the patent = $133,000

The recoverable amount = $240,000 (as this is higher than the fair value)

Impairment is the difference between the carrying amount and the recoverable amount.

Impairment = $290,000 - $240,000

= $50,000

Entries required

Debit Impairment loss account $50,000

Credit Intangible asset account $50,000

Being entries to recognize impairment loss on patent.

7 0

3 years ago

Making sure that enough cash is on hand to pay bills as they come due and to meet unexpected expenses is called cash:

SCORPION-xisa [38]

Answer:

Managment

Explanation:

5 0

3 years ago

Jeff was recently hired as a ﬂight attendant. He is expected to use both mind and body to becheerful on the job. Jeff's ﬂight at

hjlf

Answer: The person must be able to regulate their emotions to do a good job.

Explanation:

The ﬂight attendant job is one that requires great physical and mental effort. In the physical aspect, the person must be prepared to withstand long hours of flight, problems falling asleep, standing to serve the crew of the plane and various activities that involve physical effort, and this is accompanied by mental work.

The mental work that must be done by a person who works as a flight attendant is very large. It must constantly deal with a large number of people with different cultures, which means that things are not always going to go as expected. First of all, the flight attendant must maintain a cordial attitude and remain calm, since if some uncomfortable situation is to blame it is usually on the part of the flight attendant even if she is not guilty.

A person exercising the ﬂight attendant profession may feel a day in a bad mood and will have to put this aside and try to give a good face to fulfill their duties on the plane. It is important that their expressions and their way of behaving towards others be as friendly as possible.

Exercising a function where you have great contact with people can often create great tensions because, due to human differences, there may be a time when incompatibility occurs and conflicts exist, the flight attendant cannot let them reach these levels since its function focuses on keeping passengers as comfortable as possible while they are flying.

3 0

3 years ago