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mario62 [17]
3 years ago
15

Wiley incorporates his business as Wiley Wire Corporation in Texas. He and his group of shareholders intend to make a profit fro

m their sales of fencing wire. Wiley Wire Corporation is ________.a. a nonprofit corporation.
b. not a corporation.
c. an alien corporation.
d. a private corporation.
Business
1 answer:
ruslelena [56]3 years ago
4 0

Answer:

d. a private corporation.

Explanation:

A private corporation is a limited company that is owned by a few numbers of shareholders.  The shares of a private corporation are not publicly traded in the securities exchanges, neither are they issued through an initial public offer.  Ownership of a private corporation is transferable but is restricted to the founders who, in most cases, are family members, close friends, or associates.

Wiley and the shareholders have a private corporation. Formation of a private corporation is through incorporation, as is the case of Wiley wire corporation. Private corporations are established with a profit motive. Ownership of Wiley wire corporation will be restricted to Wiley and the other shareholders.

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A form of foreign direct investment, where a domestic company purchases a company in a foreign country to produce a similar prod
Sergio [31]

Answer:

c. foreign subsidiary

Explanation:

Foreign subsidiary -

It refers to a company which is partially or completely , part of some large firm , whose main office is located in some other country , is referred to as a foreign subsidiary .

It is a form of foreign direct investment method , where a company purchases any other company , where the company supposed to manufacture , sell or produce the same type of goods and services .

Hence, from the given information of the question,

The correct option is c. foreign subsidiary .

5 0
3 years ago
Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1,
ANTONII [103]

Answer:

The statement would be:

Date: October 31, 2019

Net Income                $680,700

Cash dividends           $50,000

Stock dividends         $127,000

Retained earnings     $503,700

The retained earnings are equal to the sum of declared dividends substracted  from the net income.

3 0
3 years ago
At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos
mash [69]

Answer:

$36

Explanation:

The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price.

Selling price is $60

Contribution margin per unit?

The total sales in dollar value are $15,000, The sales in units equal to

=$15,000 /60

=250 units

Total variable costs will include variable manufacturing cost plus variable selling and administrative costs

=$4000 + $2000

=$6000

variable cost per unit will be the total variable cost divide by units produced

=$6000/250

=$24

Contribution margin per unit = $60- $24

=$36

6 0
3 years ago
Overall, more managerial opportunities are available for ________ women than for women in most other countries.
Anna11 [10]
<u> </u>More managerial opportunities are available for <u>American</u> women
4 0
3 years ago
holdup bank has an issue of prefered stock witha standard deviation of $7 that just sold for $87 per share. What is the banks co
alisha [4.7K]

Answer: 8.05%

Explanation:

From the question, we are informed that Holdup bank has an issue of prefered stock witha stated dividend of $7 that just sold for $87 per share.

The banks cost of prefered will be:

= Dividend / Stock value

= 7/87

= 0.0805

= 8.05%

6 0
2 years ago
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