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vitfil [10]
3 years ago
15

Match each type of business with one of its features.

Business
2 answers:
Dimas [21]3 years ago
5 0

Answer:

Explanation

Public

corporation = Stockholder control

General

partnership = Collective decision making

Sole

proprietorship = Unlimited liability

Government

corporation = Public regulation

MrRa [10]3 years ago
3 0

Answer:

See below

Explanation:

Public corporation

<u>Stockholder control:</u> stockholders or shareholders are the owners. They control the corporation by electing the board of directors.

Government corporation

<u>Public regulation: </u>Is fully or partially owned by the government. They are formed and governed through legislation.

General Partnership

<u>Collective decision-making</u>.  Partners share in the running of the business. Decisions are made after consultations with partners.

Sole proprietorship

<u>Unlimited liability.</u> The business and owner are treated as one entity. Assets and debts of the business belong to the owner.

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Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of
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Answer:

1. Overhead rate based on direct labor cost = Overhead applied * 100/Direct labor cost

Overhead rate = 888 * 100/1200

Overhead rate = 74% of direct labor cost

2. Preparation of the brief job-order cost sheet for the four jobs.

                                                Job 86    Job 87   Job 88  Job 89

Beginning balance, March 1  6,888       6,820

Direct materials                      3,000       7,000      2,100     1,500

Direct labor                             800          6,000      900       500

Applied overhead                   <u>592 </u>        <u> 4440</u>        <u>666</u>      <u>370</u>

Total Balance March 31        <u>11,280</u>      <u>24,260</u>     <u>3,666</u>   <u>2,370</u>

5 0
3 years ago
When real GDP grows more slowly than potential GDP, labor productivity falls. the unemployment rate rises. nominal GDP rises. th
valentina_108 [34]

Answer:

the unemployment rate rises.

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Potential GDP is the GDP of an economy when labour and capital are employed at their sustainable rate.

Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.

When the real GDP of an economy grows more slowly than potential GDP, it means that the resources in the economy, labour and capital are not employed at their sustainable rate. This is referred to as output gap. As a result of the output gap, the unemployment level rises

3 0
3 years ago
Suppose that the quantity of money in circulation is fixed but the income velocity of money doubles. If real GDP remains at its
Shalnov [3]

Answer:

The equilibrium price level will double.

Explanation:

Suppose that the economy has a money supply of $4 billion and the income velocity of money is 8, the price level will be 4 and the real GDP is $8 billion. The formula we are using is:

  • Money supply x velocity = price level x real GDP

If the money supply remains the same ($4 billion), the income velocity of money is 16 (it doubles), and the real GDP is $8 billion, then the price level will be:

$4 x 16 = price level x $8

$64 = price level x $8

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So the price level has doubled to 8.

4 0
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The international zoological club publishes a monthly magazine for zoology enthusiasts. members are required to pay an initial f
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Answer:

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1a

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3

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Common fixed expenses not traceable 78000 15.0%

Net operating income 59800

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3 years ago
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