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Arada [10]
3 years ago
10

Piper is a manager in a corporation that was organized in Canada by one of his former coworkers. The company provides consulting

services and training for architects employed by construction companies. The company recently went public, with shares being sold to hundreds of investors. Piper’s company would be a __________ corporation.
Business
1 answer:
Yuri [45]3 years ago
8 0

Answer:

A Public company.

Explanation:

A public company can be described as a commercial organization that has its share capital formed by shares, that is, the company sells its shares to the public, who become partners in the company.

The shares of a public company are traded on the stock exchange freely, without the need for any type of public bookkeeping.

The company's shareholders can be composed of any type of person who is interested in buying shares in the company.

Private companies generally become public because of the possibility of obtaining capital, which generates greater revenue for the company and greater possibility for growth and investment in business.

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5. If you wanted to show how many employees at your office ride a bicycle to work in comparison to the
Rufina [12.5K]

Answer:

a bar graph

Explanation:

A bar graph may be defined as a visual representation of the categorical data or information which is represented by rectangular shape bars with their lengths or height proportional to the values they represent. A bar graph is also known as bar charts.

The rectangular bars can be plotted either vertically or horizontally.

In the context, a bar graph or a bar chart would be the best option to represent the number of employees who ride a bicycle and come to office and compare them to the number of employees who takes a public vehicle, drives a car or even come to office by walking.

4 0
3 years ago
Janice Cullen, owner of a nationally renowned photography business, files a registration statement and prospectus with the SEC.
Umnica [9.8K]

Answer: (A) and (D)

Explanation:

(A)

Since it is a nationally renowned photography business, it has been running for sometime. Most likely hence, it has been operating as a registered nonprofit organization and the top 10 clients were owners of local charities

(D)

Janice sold the securities to the 40 clients 25 days after filing her registration statement with the Securities and Exchange Commission.

The question says she "decided" to sell those securities on the 5th day after filing her registration statement. It didn't say she sold it on that day.

So, if we sold the securities 25 days after, her court case would be different.

5 0
3 years ago
Which description most closely matches the term: IN DEPTH
Romashka [77]

Answer:

Used for complex operations or introduction of new equipment

8 0
4 years ago
Advertising Costs $ 12 comma 000 Indirect Labor 7 comma 000 ​CEO's Salary 460 comma 000 Direct Labor 54 comma 000 Indirect Mater
sineoko [7]

Answer:

$510,130

Explanation:

Costs can be classified into two categories: Product Costs and Period Costs. Product costs are the manufacturing costs that are incurred in the production of goods and services. Under absorption costing, product costs include direct materials, direct labor, indirect materials, indirect labor, and other factory overhead. These costs are capitalized and expensed out when related goods and services are sold out.

On the other hand, period costs are selling & administrative expenses. These costs are never capitalized and expensed out in the statement of profit or loss as soon as incurred. Examples of period costs are advertisement expenses, depreciation expenses (not related to factory), sales commissions, administrative salaries and wages.

<u>Calculation of Period Costs</u>

Advertising costs                                                           $12,000

CEO's salary                                                                  460,000

Delivery vehicle depreciation                                            1,230

Administrative wages and salaries                                 36,900

Total Period Costs                                                        $510,130

4 0
4 years ago
Read 2 more answers
If stock is issued for a noncash asset, the asset should be recorded on the books of the corporation at A. a nominal amount. B.
Juli2301 [7.4K]

Answer:

correct answer is option C

Explanation:

correct answer is option C

fair value is the price which we will receive  to sell an asset or paid to transfer the liability .It is the price of asset at which it is exchange between knowledgeable parties by there own will and not under any pressure.

when the assets is being exchanged at the market then this type of exchange is  known as market value.

hence, the most suitable answer is option C FAIR VALUE

3 0
3 years ago
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