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Sloan [31]
3 years ago
12

Which one of the following is a correct statement about corporations? A. Most businesses in the United States are corporations.

B. A corporation is treated as though it were an actual person. C. If a corporation fails, the stockholders lose all their money. D. Stockholders hire the people who manage a corporation.
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
5 0

It would be B.

Hope  it helps!:)

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I didn't sign up for this and I'd like my money back and to delete this account
prohojiy [21]

Answer:

Simply ask a lot of innapropiate questions and the moderators will kick u out! Have fun!

Explanation:

6 0
3 years ago
Read 2 more answers
Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000
valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details                                                                       Amount ($)</u>

Net Income                                                                   310,000

Depreciation expense                                                  45,000

Increase in accounts receivable                                 (55,000)

Decrease in inventory                                                   12,000

Increase in accounts payable                                        6,000

Increase in prepaid expenses                                      (4,000)

Decrease in income taxes payable                               3,500

Gain on disposal of land                                                <u> 7,500 </u>

Net cash provided (used) by operating activities  <u> 325,000 </u>

5 0
3 years ago
True or False: An increase in the demand for notebooks raises the quantity of notebooks demanded but not the quantity supplied.
Natasha2012 [34]

Answer:

False

Explanation:

An increase in the demand for notebooks raises the quantity of notebooks demanded and also the quantity supplied

An increase in demand leads to a corresponding increase in supply

If the supply is not raised which will also increase the quantity of notebooks supplied, there will not be enough notebooks to meet the high demand for notebooks which brought about an increase in the quantity of notebooks demanded

4 0
4 years ago
Read 2 more answers
In 1 to 2 paragraphs, analyze how a person's ethics or values might affect his performance on the job.
defon

Answer:

Explanation:

This question puts together two different perspectives based on different goals and metrics: economics and ethics. In economics, self interest is the driving force and productivity is one of the metrics used by managers and shareholders in measuring their profit making. In ethics, doing good for people and creating social value is the goal. The results cannot be measured anymore in units of productivity.

Peter Drucker in his famous book "Management: tasks, responsibilities, practices" says : "To know what a business is we have to start with its purpose. Its purpose must lie outside of the business itself. In fact, it must lie in society since business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer." That means to create value for society and not to maximize the profit.

I shall add a recent message sent by Richard Branson - the creator of Virgin Group - in his book "Screw business as usual" : Doing good can help improve your prospects, your profits and your business; and it can change the world." But with a condition: in that firm to exist an organizational culture based on positive values and not on profit maximization. In conclusion, ethics may impact positively on performance if and only if there is a managerial philosophy based on ethics and not on profit maximization, and on value creation. In this well-defined context profit and profitability are consequences and not driving forces of the whole business.

5 0
3 years ago
As the u.S. Price level rises relative to price levels in other countries. True or False
vovangra [49]

Answer:True,

Explanation:The question is As the u.S. Price level rises relative to price levels in other countries. What will happen in the U.S.?

The answer is that consumption and net exports would decline.

8 0
3 years ago
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