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3 years ago

An entity where ownership is divided into shares of stock is a:

Business

1 answer:

vladimir1956 [14]3 years ago

4 0

Answer:

D. corporation.

Explanation:

Companies are usually incorporated by the issuance/sale of shares. Corporations are entities that are legally separate from the owners.

The owners' interest in such entities are usually in form of shares held.

A sole proprietor is the owner of a business and no shares are issued before the business commences.

Trade agreements are agreements between two or more parties for which the terms and conditions as well as the responsibilities of the parties involved are spelt out in the deed.

Mutual agencies do not require the ownership of shares of stock.

The right option is D. corporation.

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Mary, a sales representative for a small cleaning business, asks current customers for names of friends, customers and other bus

Fofino [41]

Answer:

Mary is relying on <u>referral marketing</u> to identify potential customers.

Explanation:

Referral marketing is a method of spontaneously promoting a businesses products and services to new customers by word of mouth. This can happen through a variety of channels such as email, mobile, and social media.

Referral programs are formal programs that exists in some organizations instituted by employers to encourage employees to refer candidates for jobs at the company.

Referral programs benefit both the employer and the current employees. In some cases, a bonus can be earned if a referred candidate is hired.

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3 years ago

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AveGali [126]

Answer: I think is A

Explanation:

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3 years ago

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In its recent income statement, Smith Software Inc. reported paying $12 million in dividends to common shareholders, and in its

Rzqust [24]

Answer:

The firm's net income during the most recent year was $17,000,000

Explanation:

Ending balance in retained earnings is calculated by using following formula:

Ending balance in retained earnings = Beginning balance in retained earnings + Net income - Cash dividends - Stock dividends

Therefore,

Net income = Ending balance in retained earnings - Beginning balance in retained earnings + Cash dividends + Stock dividends = $333,000,000 - $328,000,000 + $12,000,000 = $17,000,000

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3 years ago

Exercise 8-3 Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $405,405 for real estate with land, land improvement

larisa86 [58]

Answer:

Rodriguez Company

Purchase price = $405,405

Land is appraised at $202,500

Land improvements $67,500

Building appraised at $180,000

Total appraised value $450,000

Land will be apportioned $202,500/$450,000 x $405,405 = $182,432.25

Land improvements will be apportioned $67,500/$450,000 x $405,405 = $60,810.75

Building will be apportioned $180,000/$450,000 x $405,405 = $162,162

Total cost of assets = $405,405.

2. Journal Entries:

Debit Land $182,432.25

Debit Land Improvements $60,810.75

Debit Building $162,162

Credit Cash Account $405,405

To record the purchase of the assets.

Explanation:

The purchase price is proportionately allocated to the items based on their appraisal values.

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3 years ago

What are four positive aspects of franchising for a business start-up? Why are they important ? .

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The primary advantages for most companies entering the realm of franchising are capital, speed of growth, motivated management, and risk reduction

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3 years ago