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Arada [10]
3 years ago
9

What are the features of a corporation?

Business
2 answers:
Fynjy0 [20]3 years ago
7 0

Answer:

<em><u>Find below the features of a corporation</u></em>

An investor who purchases stock in a corporation becomes an  owner

The chief distinguishing factor of a corporation is its Limited liability in that corporation.

Explanation:

  1. Stocks are certificates of ownership. Then, any person that buy a stock for a corporation become an owner of the company. This means that this person has the right to a share of the company profit if there is some.
  2. Limited liability it means that if a law sue is issued over the company the person that is a stockholder or owner does not have any liability but just the corporation.
LUCKY_DIMON [66]3 years ago
7 0

Answer: a company that is recognized by the state as a person and is given certain rights

Explanation:

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Mason Corporation had $1,150,000 in invested assets, sales of $1,228,000, income from operations amounting to $226,000, and a de
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b.1.07

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3 years ago
RyanRyan Street Barber Shop pays $ 30$30 per month for water for the first 12 comma 00012,000 gallons and $ 2.50$2.50 per thousa
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Answer:

  • 8,000: $30
  • 13,000: $32.50
  • 17,000: $42.50

Explanation:

<u>8,000</u>

This amount is below the quantity for which additional charges accrue. The base charge applies: $30.

<u>13,000</u>

This is 1000 gallons more than you get for $30, so costs an additional $2.50. The total water cost is ...

  $30 +2.50 = $32.50

<u>17,000</u>

This is 5,000 gallons more than you get for $30, so costs an additional 5×$2.50 = $12.50. The total water cost is ...

  $30 +12.50 = $42.50

_____

<em>Comment on the water charges</em>

$30 is the same as the cost of 12,000 gallons at $2.50 per thousand. So, the total bill can be figured at $2.50 per thousand, with a $30 minimum.

  8 × $2.50 = $20, so the charge is the minimum, $30

  13 × $2.50 = $32.50

  17 × $2.50 = $42.50

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3 years ago
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