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Gelneren [198K]
3 years ago
6

Which was the major reason for the creation of corporations?

Business
1 answer:
Likurg_2 [28]3 years ago
7 0
The major reason <span>for the creation of corporations was to collect a huge amount of money as capital to run the company. The fund becomes large and for any unwanted circumstances, the corporation can easily take care. I hope that this is the answer that has actually come to your great help.</span>
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Which of these statements about reverse logistics is BEST? A. Reverse logistics systems are usually more cost-efficient than for
lord [1]

Answer:

A. Reverse logistics systems are usually less cost- efficient than forward-based systems.

Explanation:

Reverse logistics is linked to the reuse of goods and services for all activities, this includes the management and the sale of surplus. Reverse logistics is the distribution of purchased products back into the business in the reverse direction of business process flow.

Reverse logistics systems are usually less cost- efficient than forward-based systems. Reverse logisticsprovides companies with revenues and strategic benefits.

7 0
3 years ago
The assessed value of a condominium is usually higher than a similar ______ because of outright ownership.
Novay_Z [31]

The assessed value of a condominium is usually higher than a similar <u>Cooperative</u> because of outright ownership.

This is because a cooperative's assessed value is often lower than a condominium's because cooperatives are not owned outright.

In a condominium, each unit within a larger complex is sold, as opposed to being rented out. These apartments, townhomes, or even commercial warehouses may have undergone renovation. Contrary to common misconception, the term "condominium" refers to the legal ownership structure rather than the specific sort of unit. Any building with several units has the option to "become condominium," which requires tenants to leave the property or buy their apartments outright. The walls of a condominium are theoretically owned by the people who buy

To learn more about Cooperatives here

brainly.com/question/28336069

#SPJ4

3 0
2 years ago
How do firms in monopolistic competition​ compete? Firms in monopolistic competition compete in three​ areas, which are​ _______
Mamont248 [21]

Answer:

The correct answer is option A.

Explanation:

Monopolistic competition refers to the market structure where there is a large number of buyers and sellers in the market. These sellers sell heterogeneous or differentiated products in the market.  

The firms are price makers and face a downward-sloping demand curve. There is a high degree of competition in the market due to product differentiation. That is why there is little difficulty in an entry into the market.  

Because of product differentiation, the firms advertise their products in order to gain market share. So the existing firms in the market compete in quality, price, and marketing.

3 0
3 years ago
Dayton Corporation began the current year with a retained earnings balance of $18,180. During the year, the company corrected an
andreyandreev [35.5K]

Answer:

$24,431

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

If the company failed to record a depreciation expense of $3,686 on equipment, the retained earnings would have been overstated as a result of the overstatement of the net income.

the movement in the retained earnings may be expressed as

opening balance + net income - omitted expense - dividend declared = closing balance

hence the closing balance

= $18,180 - $3,686 +$14,406 - $4,469

= $24,431

3 0
3 years ago
Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company
Gwar [14]

Answer:

The correct answer is:  Limited financial liability; Have corporate ownership structure ability; Owners have limited liability and right to votes

Explanation:

Limited liability company and limited liability partnership is a type of business structure where the business is a separate entity and the owners are not personally liable for companies debts. It combines the properties of a corporation and a partnership or sole proprietorship.

It has a corporate ownership structure. Its owners have limited liability.

5 0
4 years ago
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