1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
drek231 [11]
3 years ago
5

Travis owns shares of Lobster Krown Inc., a food and beverages company. The company's financial situation takes a turn for the w

orse and ends up in severe debt. Despite owning shares of Lobster Krown, Travis is not responsible for bringing more money into the company to get it out of its debt. Which characteristic of public stock companies does this scenario best exemplify?
Business
1 answer:
sleet_krkn [62]3 years ago
5 0

Answer:

<em>limited liability for investors </em>

Explanation:

Limited liability is a form of legal framework for an entity in which the amount of money invested in a corporation or limited liability company will not surpass a corporate loss.

In certain phrases, private assets of investors and shareholders are not at risk if the business fails.

You might be interested in
Which of the following is not a step in creating a debt payment plan? a. Rank all debts in the order in which you would like to
7nadin3 [17]

Answer:

b. Consolidate all credit cards onto a single card with a single interest rate.

Explanation:

When a debt payment plan is initiated then, it is decided according to the outstanding amounts, that which shall be paid first and the order of payment for remaining debts.

For this monthly income and expenses are to be evaluated, in order to decide how much payment shall be made accordingly, in each month.

But this entire process do not involve the step of aggregating all the cards so that there is only one card with the same payment. There is no relation to any such payment.

7 0
4 years ago
A manufacturer of industrial grade gas handling equipment wants to have $725,000 in an equipment replacement contingency fund 10
Amanda [17]

Answer:

$41,354.98

Explanation:

Required future worth = Annual savings x FVIFA(r%, N) x (1 + r)

Required annual savings ($) = [Required future worth / FVIFA(r%, N)] / (1 + r)

= 725,000 / [FVIFA(10%, 10) * 1.1]

= 725,000 / (15.9374 * 1.1)

= 725,000 / 17.53114

= 41354.98318991235

= $41,354.98

Note: Since this is annuity due (deposit made at beginning of year), FV is divided by (1+r).

7 0
3 years ago
Which is not among the current strategies used to prevent lead poisoning?
Artist 52 [7]
The answer to this question is labels<span> on lead-based paint
Labels on lead-based paint does not contribute tpreventingnt lead poisoning as much as advocating to not using such product
Rather than using lead-based paint, people could opt to use safer products such as titanium-white based paint, which is proven to be less toxic.

</span>
4 0
3 years ago
Inventories held for sale in the normal course of business are classified in the balance sheet as?
Iteru [2.4K]

Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

<h3>What is meant by current liability?</h3>

This is the term that is used to refer to all of the financial obligations that the customer would have to have due to themselves in the long run. These are the liabilities that are known to be dropped in the current assets and would then be settled in the course of a year.

Hence we can say that Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

Read more on Current liabilities here: brainly.com/question/28039459

#SPJ1

4 0
2 years ago
What are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and clos
denis23 [38]

Answer:

operational business processes

Explanation:

The processes carried out within a company are divided into:

  • operational business processes: carried out by entry level employees and includes routine daily business processes
  • tactical or managerial business processes: carried out by lower management or supervisors and includes semi-routine monthly business processes
  • strategic business processes: carried out by upper management and includes dynamic, non-routine long-term business decision processes

6 0
3 years ago
Other questions:
  • What is the main difference between a conceptual model and a physical model?
    5·1 answer
  • When a company controls all three phases of the film-industry production, distribution, and exhibition it is said to be:?
    11·1 answer
  • Which of the following are the fixed costs relative to the number of the units produced and sold? a. straight-line depreciation,
    13·1 answer
  • Another term for adding money to an account is _____ .
    13·1 answer
  • Suppose GDP consists of wheat and rice. In 2015, 20 bushels of wheat are sold at $4 per bushel, and 10 bushels of rice are sold
    5·1 answer
  • A higher rate of investment now will generate Multiple Choice more future inflation. more future production. more current consum
    5·1 answer
  • PLS HELP QUICK<br> I’LL MARK BRAINLIEST
    5·2 answers
  • El señor Mario estevan cifuentes quiere saber cuanto se le retiene del ISR si gana Q.14,300
    11·1 answer
  • What is the largest source of a income for banks
    10·2 answers
  • Which 4 sections of the Overview screen can be used to perform a high-level review?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!