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3 years ago

Which of the following is not an advantage of the corporate form of business organization?

Business

1 answer:

RoseWind [281]3 years ago

3 0

Answer:

Easy to transfer ownership.

Explanation:

its ownership is easily transferable via the sale of shares of stock.

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Murphy Company, a cash-basis, calendar-year taxpayer, received a call on December 28, year 1, from a client stating that a check

Elodia [21]

Answer:

Murphy Company

The year in which Murphy recognizes the income is year 2.

Explanation:

As a cash basis taxpayer, Murphy Company reports income and deductions in the year that they are actually paid or received. Similarly, as a cash basis taxpayer, Murphy Company deducts expenses in the year the expenses are paid off, which is not necessarily the year they were incurred. The income for services of $9,000 rendered to a customer, for which payment was received on January 3, year 2, will be recognized in year 2 and not in year 1 when the services were performed.

4 0

3 years ago

What is the difference between a code of ethics and a code of conduct? Question 1 options: A) A code of conduct consists of g

steposvetlana [31]

Answer:

B. A code of ethics tends to elicit less debate about specific actions.

Explanation:

A code of ethics is shorter than a code of conduct, it establishes the general principles and values that a company has. the employees of the company have to act according to this principles. The code of conduct establishes the actions and decisions that are taken according to the employees and company conducts. In general cases, the codes of ethics is the general document that gives the bases for the code of conduct.

A code of conduct is more comprehensive because it includes the rules for every specific situation that may happen in the company, but it does not serve to the general public, it is about internal procedures.

Having this in mind, when there is a problem inside the company, the ethics code does not include the kind of decision that will be taken so it elicit less debate about specific actions; the code of conduct includes the rules and procedures for the specific actions.

8 0

3 years ago

Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the futures price of 0.

Alecsey [184]

Answer:

500,000 Pesos (MXN) is the June Futures Contract

Number of Contracts Sold = 8

Initial Exchange Rate = 0.10773$ / MXN

Initial Position Value = 8 x 500000 x 0.10773

Initial Position Value = $430,920

i. Final Exchange Rate = $0.12002 / MXN

Final Position Value = 8 x 500000 x 0.12002 = $480,080

Net Position Value = 430920 - 480080 = - $49,160

ii. Final Exchange Rate = $0.09802 / MXN

Final Position Value = 8 x 500000 x 0.09802 = $392,080

Net Position Value = 430920 - 392080 = $3,884

8 0

3 years ago

All else constant a large decrease in the number of people who want to own a sport utility vehicle because of their poor fuel ef

Naddik [55]

Answer:

c) a decrease in the equilibrium price of gasoline

Explanation:

Since SUVs and gas are complementary goods, the relation between these two in the example is evident. Since the demand of SUVs decreases, the demand for its complimentary good will also decrease, as it has little to no use without the SUV.

As a consequence, the price of gasoline will decrease, as the demand decreases.

5 0

3 years ago

Costco believes that most of its sales are to small businesses rather than consumers -- and that women are more likely to be mak

Naddika [18.5K]

Answer:

B. Hypothesis

Explanation: A hypothesis is a term used in experiments or research to describe the a proposal that is made with little facts which shall be explained or proven or elaborated by the actual conduct of the experiment or research.

A HYPOTHESIS IS USUALLY STATED FOR IT TO ACT AS THE STARTING POINT OR REFERENCE FOR THE EXPERIMENT OR RESEARCH WHICH IS TO BE CONDUCTED.

7 0

4 years ago