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3 years ago

Difference between capitalism and join stock

2 answers:

8 0

Capitalism refers to the creation of wealth and ownership of capital and distribution. while Joint stock is a business owned by its investors, with each investors owning a share based on the amount of stock purchased.

bulgar [2K]3 years ago

4 0

The corporation exist under the state charter while a joint stock company is formed by E agreement among the members well members of a corporation are generally not held liable for depths of a corporation the members of a joint stock company or held a liable as partners

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Why can some taxes that appear to be regressive in terms of current income be thought of as progressive from a lifetime tax inci

lara [203]

Answer:

The description is outlined in the clarification segment below, as per the case provided.

Explanation:

The prevalence of either a lifetime tax on some kind of fixed income has been known to be a long-term perspective including its broader economic impact of taxation since they complement instead of just replace.
The existing income taxes would raise the quarterly funds to meet, but perhaps the cumulative occurrence of tax would enhance the power to charge for existence.

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3 years ago

What are two types of strategies businesses use to directly influence the environment

Katarina [22]

Produce goods and services that are not environmentally friendly and increase the affect of manufacturing goods and services

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3 years ago

Read 2 more answers

The comparative balance sheets for 2018 and 2017 are given below for Surmise Company.

ki77a [65]

Answer:

Explanation:

Net income - (159-173) (14)

Add back depreciation (137-108) 29

Add back amortization ( 26-25) 1

Operating profit 16

Increase in noncollectible account (24-4) 20

Increase in note payable (48-0) 48

Decrease in receivable (106-89) 17

Decrease in payable (42-19) (23)

Decrease in accrued liabilities ((20-4) (16)

Increase in prepaid expenses (19-16) (3)

Increase in inventory (132-110) (22)

Operating profit before tax 37

Financing activities

Common stock (69-50) 19

Issue of paid capital (261-205) 56

Lease income (122-0) 122

Redemption of bonds (132-64) (68)

Cash flow from financing activities 129

Investing activities

Long term investment ( 89-50) (39)

Building and equipment (400-270) ( 130)

Cash flow from investing activities (169)

Increase in cash ( 3)

Cash at the beginning of the year 58

Cash at year end 55

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4 years ago

Identify the basic assumption or broad accounting principle that was violated in each of the following situations.

andrezito [222]

Answer:

1) expense recognition principle: expenses are recognized when they are consumed.

2) historical cost principle: a company must record its assets, liabilities, and equity investments at their original costs.

3) economic entity principle: the company's transactions should be kept separate from those of its owners or upper management.

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3 years ago

On February 1, Hansen Company purchased $120,000 of 5%, 20-year Knight Company bonds at their face amount plus one month's accru

Alisiya [41]

Answer:

$5,000

Explanation:

interest earned on the first coupon = ($120,000 x 5% x 6/12) - ($120,000 x 5% x 1/12) = $2,500

interests earned until October (for the $40,000) = $40,000 x 5% x 3/12 = $500

interests earned until December (for $80,000) = $80,000 x 5% x 6/12 = $2,000

total interest earned during the year = $2,500 + $500 + $2,000 = $5,000

3 0

3 years ago