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
umka2103 [35]
3 years ago
11

A business becoming incorporated is an example of risk ____.

Business
1 answer:
kap26 [50]3 years ago
7 0

<span>A business becoming incorporated is an example of risk management.</span>

When a business becomes incorporated it is trying to protect the assets of the company. By assessing and making a risk management decision to become incorporated they are protecting themselves and the company as a whole. 

You might be interested in
The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne
viktelen [127]

Answer:

2,557,065 shares

Explanation:

Offer price = $30 per share

Underwriters Charge : 8%

If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:

offer price x (1 - underwriters charge)

= $30 × (1 - 0.08) = $27.60

The number of shares that needs to be sold will be:

\frac{amount needed + administrative expenses}{27.60}

\frac{70,000,000 + 575,000}{27.60}

= 2,557,065.217

≈ 2,557,065

Therefore number of shares to be issued will be = 2557065 shares

7 0
3 years ago
Which of the following subjects should you study if you are seeking a career in agriculture or natural resources? Select all tha
hjlf
I think it’s a and b
7 0
3 years ago
Read 2 more answers
Flint Inc. has decided to purchase equipment from Central Michigan Industries on January 2, 2017, to expand its production capac
ddd [48]

Answer:

Please see the answers below:

Explanation:

1.

Debit: Equipment         $912,000

Credit: Notes Payable                 $912,000

To record purchase of equipment at zero interest bearing note Central Michigan.

2.

Debit: Notes Payable        $182,400

Debit: Interest Payable      $20,064

Credit: Cash                                     $202,464

To record Cash Payment of 1st year Installment and Interest.

3.

Debit: Notes Payable        $182,400

Debit: Interest Payable      $20,064

Credit: Cash                                     $202,464

To record Cash Payment of 2nd year Installment and Interest.

4.

Debit: Depreciation Expense          $91,200

Credit: Accumulated Depreciation               $91,200

To record Depreciation Expense on Equipment over the life of 10 years with no salvage value. (Straight Line Depreciation is employed).

6 0
3 years ago
1. Collecting Information to Compose Messages Before beginning to compose a successful business message, you need to collect nec
castortr0y [4]

Answer:Hello! i am figuring this question out for you! one moment

Explanation:

7 0
3 years ago
Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of u
Crazy boy [7]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the allocation rates:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Production setups= (73,000 / 30)= $2,433.33 per setup

Material handling= (49,000 / 91)= $538.46 per number of part  

Packaging costs= (246,000 / 156,000)= $1.58 per unit

<u>Now, we need to allocate costs to Product XY:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Production setups= 2,433.33*18= 43,799.94

Material handling= 538.46*23= 12,384.58

Packaging costs= 1.58*60,000= $94,800

Total allocated costs= $150,984.52

<u>Finally, per unit basis:</u>

Unitary cost= 150,984.52 /60,000= $0.27

8 0
3 years ago
Other questions:
  • What does intelligence mean? do you accept the use of the word in "business intelligence software tools," or do you think the us
    12·1 answer
  • Demetrius just earned a degree in homeland security and emergency management from ashford university and wants to apply for a po
    9·1 answer
  • The fungal division needs 10,000 plates of potato dextrose agar annually. Currently, the fungal division purchases them from Ari
    7·1 answer
  • car wash services 200 customers in an hour on a lovely Saturday afternoon. The car wash employs 5 washers at​ $6 per hour and us
    14·1 answer
  • Select the best answer for the question.
    6·2 answers
  • The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ
    12·1 answer
  • A ____________ agreement is a reinsurance agreement that allows the reinsurance company an opportunity to reject coverage for in
    10·1 answer
  • Which one of the following measures the average amount of time that it takes to repair a system, application, or component?
    11·1 answer
  • Due to a recession in the United States and abroad, ski resorts have suffered from a lack of guests during the peak season. Thes
    5·1 answer
  • Why should you purchase insurance?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!