In a market economy, a producer who wants to ensure sales and growth must answer all of the following questions except:

Next to the following list of eight characteristics of business organizations, select a brief description of how each characteri

Gemiola [76]

Answer:

1. Owner authority and control - one vote per share, readily transferred

2 Ease of formation - requires government approval

3. Transferability of ownership - readily transferred

4. Ability to raise large amounts of capital - high ability

5. Duration of life - Unlimited

6. Owner liability - limited

7. Legal status - separate legal entity

8. Tax status of income - corporate income is taxed

Explanation:

A corporation is a business type :

1. Ownership of a corporation can be acquired by acquiring shares of the corporation.

2. A corporation requires government approval and a lot of legal requirements before it can be formed.

3. A corporation can raise capital through issuing shares, bonds and borrowing from financial institutions .

4. The liability of shareholders who are the owners are limited to the amount invested.

5. Corporate income is taxed and profit distributed to shareholders are also taxed.

6. A corporation is a separate legal entity.

7. The life of a corporation can be unlimited.

8. One share is equal to one voting right.

I hope my answer helps you

4 0

3 years ago

g rporation's budgeted sales for February are $334,000. Webster pays sales representatives a commission of 6% of sales dollars.

UNO [17]

Answer:

$28,240

Explanation:

Total sales = $334,000

Variable cost:

Sales commissions = $334,000 × 6%

= $20,040

Total fixed costs = Sales manager's salary + Advertising expenses

= $5,300 + $2,900

= $8,200

Total selling expenses = Total variable cost + Total fixed cost

= $20,040 + $8,200

= $28,240

Therefore, the total selling expenses to be reported on the selling expense budget for the month of February is $28,240.

5 0

3 years ago

____________ comprise about 20% of all businesses but account for about 81% of u.s. business receipts.

alisha [4.7K]

Answer:

<u>Corporations </u> comprise about 20% of all businesses but account for about 81% of u.s. business receipts.

Explanation:

A corporation is kind of a business that is set up by a legal organization headed by a person or several partners together. Examples including Microsoft, Apple Inc. etc

While corporations make up just 20% of registered businesses, they are usually quite larger and have national foot print. They can employ thousands of people, have a number of subsidiary companies and work with hundreds of smaller businesses.

Hence, while they are smaller in number, their impact on the economy is very large.

4 0

3 years ago

If the supply and demand curves for a product both decrease, then equilibrium

zhuklara [117]

Answer:

Letter c is correct

Explanation:

In this case, the amount of supply will be smaller and the price may remain, rise or fall. The factor that influences this price behavior is the law of supply and demand, it will determine what will be the prices of a market. So if there is a balance between supply and demand, the most likely to happen is price stabilization, which can be changed more or less depending on other economic factors that may arise, such as the emergence of a competitor.

8 0

3 years ago

What is global economy

AURORKA [14]

The term “Global Economy” is a term that refers to all of the economies of the world.

Sometimes this phrase is also used to discuss the international economy, or all economies around the world, and refers to how interdependent different countries economies are on each other.

7 0

3 years ago