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3 years ago

A corporation is:_________

Business

2 answers:

Pavel [41]3 years ago

7 0

Answer:

The correct answer is letter "B": A business legally separate from its owners.

Explanation:

A Corporation is a defined entity. Corporations are considered to be separate legal entities from their owners according to law. This means companies themselves are legally liable for their acts and debts, not the shareholders. When a company credits debts, the creditors have claims against the corporation's properties, not the owners' assets.

NemiM [27]3 years ago

6 0

Answer: A business legally separate from its owners.

Explanation:

A corporation is an organization which is seen legally as being separate from the owner(s). Legally, a corporation is seen as being on its own and therefore can: obtain loans, be Sue, pay taxes etc.

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Alex787 [66]

Answer: True
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3 years ago

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Lady bird [3.3K]

Answer:

Spdey Enterprises

The percentage improvement in Sales to achieve the desired profit is:

c. 42.86% increase in sales.

Explanation:

a) Data and Calculations:

Normal profit level = $8 million

Expected profit level = $14 million

Normal Expected

Sales per year $40,000,000 $57,142,857

Cost of purchases 16,000,000 22,857,143

Production costs 10,000,000 14,285,714

Variable costs 26,000,000 37,142,857

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Fixed costs 6,000,000 6,000,000

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Expected Contribution = Expected profit level + Fixed Costs

Normal Contribution = 35% of Sales

Normal Variable costs = 65% (100% - 35%)

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Normal Sales = $40,000,000

Expected Sales = $57,142,857

Percentage increase = 42.86% ($57,142,857 - $40,000,000)/$40,000,000

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3 years ago

Rokhanna, Inc. issued $1,000 par value bonds with an 8% coupon. The bonds have 18 years to maturity. Market interest rates are 5

Zielflug [23.3K]

Answer:

Bond Price = $1294.65063 rounded off to $1294.65

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. Assuming the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1000 * 0.08 = 80

Total periods (n) = 18

r or YTM = 0.054 or 5.4%

The formula to calculate the price of the bonds today is attached.

Bond Price = 80 * [( 1 - (1+0.054)^-18) / 0.054] + 1000 / (1+0.054)^18

Bond Price = $1294.65063 rounded off to $1294.65

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3 years ago

The 1974-1975 recession was a result of a: ANSWER Unselected supply shock that caused a leftward shift of the short-run aggregat

Ganezh [65]

Answer: supply shock that caused a leftward shift of the short-run aggregate supply curve

Explanation:

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3 years ago

What are the supply chain modelling and the significance thereof?

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3 years ago