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Anvisha [2.4K]
4 years ago
6

One of the first steps in corporation process is: drafting a prospectus. drafting bylaws. deciding in which state to incorporate

. completing the articles of incorporation.
Business
1 answer:
Rom4ik [11]4 years ago
7 0

Answer:

Option "C" is the correct answer for the following statement.

Deciding in which state to incorporate .

Explanation:

  • There are plenty of advantages of forming a separate business organization or company to run your business, from anonymity to asset protection. Wherever you develop the business matters; certain states are far more accommodating to the sector than others.
  • That when a business does a company within the same single state, it has to enter with the federal government, which implies paying taxes and stuffing out the necessary paperwork.

therefore always decide about the state where we wants to starts corporation .

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Two Brothers Moving prepared the following sales​ budget: Month Cash Sales Credit Sales March $18000 April May June Credit colle
poizon [28]

Answer:  $‭104,360‬

Explanation:

The cash collections for June will be;

= June Cash sales +  (50 % *June credit sales ) + (43% * May credit sales) + ( 5% of April credit sales)

= 58,000 + (0.5 * 55,000) + (0.43 * 42,000) + ( 0.05 * 16,000)

= 58,000 + 27,500 + 18,060 + 800

= $‭104,360‬

8 0
3 years ago
Which payment method typically charges the highest interest rates
34kurt
Credit cards and Payday loans
8 0
3 years ago
Cox Co. accounts for its inventory using the LIFO cost method. An inventory loss from a permanent market decline of $360,000 occ
kirill115 [55]

Answer:

$360,000

Explanation:

Last in first out (LIFO) is a method used in inventory where the cost of most recently purchased goods is the one to be expensed first. Also current losses are the first to be reported.

An inventory loss incurred in a quarter must not be deferred, but recorded as items within an interim must be reported in the same period they were incurred, unless it can be redeemed before the end of the fiscal year. It is not considered a temporary item.

The loss reported in May will be reported for that quarter in June.

8 0
3 years ago
The marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping demand cur
frozen [14]

It is a false statement that the marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping.

<h3>Why is it a false statement? </h3>

The situation is that the marginal revenue curve for a monopolist are always less than the price.

This is because for each additional unit of output the marginal revenue is declining its results from the downward sloping market demand curve.

Therefore, the statement given is a false statement.

Read more about marginal revenue

<em>brainly.com/question/10822075</em>

3 0
2 years ago
A long-term period of economic recession that leads to a low GDP and very
madam [21]

Answer:

Depression

Explanation:

A long-term period of the economic recession that leads to a low GDP and very high unemployment is a(n) DEPRESSION

Depression is an economic term used to describe a deep tumble in an economy that occurs for a long period of more than six months. Depression lasts for years, and it is characterized by low real GDP and an awfully high level of unemployment.

Hence, in this case, the right answer is Depression.

6 0
3 years ago
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