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Orlov [11]
3 years ago
9

a ___ is an organization that is formed when a person or group of persons uses resources to produce a good or service that meets

s customer's wants with the aim of making a profit​
Business
1 answer:
8_murik_8 [283]3 years ago
6 0

Answer:

If im right,

Explanation:

It should be business , but if i'm wrong inform me and ill get on it again :D

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United Resources Company obtained a charter from the state in January of this year. The charter authorized 206,000 shares of com
amid [387]

Answer:

United Resources Company

Stockholders section of the balance sheet at the end of the year:

Common Stock:

Authorized 206,000 shares at $3 par value

Issued 88,000 shares                                 $264,000

Additional Paid-in Capital

($968,000 -364,000 + 136,000)                   740,000

Treasury Stock ($78,000 - 24,000)               (54,000)

Total Equity                                                 $950,000

Explanation:

a) The authorized common stock is stated in the balance sheet as a memorandum record.  It does not form part of the calculation of equity since all the shares have not been issued.

b) Issued common stock is valued at 88,000 * $3 = $264,000

c) The difference in the par value and the issue price is recorded in the Additional Paid-in Capital Account.  It is also where the increases and decreases in Treasury stock above or below par values are recorded.

d) Treasury Stock is a common stock contra account which records the repurchase and resale of common stock.  Two methods are used.  One recognizes the whole cost of treasury stock in the Treasury Stock account.  It is called the costing method.  The other method, called the par-value method, recognizes the above and below par value in the Additional Paid-in Capital.

7 0
3 years ago
Topco owns 60% of the voting common stock of Midco and 40% of the voting common stock of Botco. Topco wishes to gain control of
aleksandrvk [35]

Answer:

A. 11 %

Explanation:

Given that TopCo owns 40% of Botco, in order to gain control botco, it must either directly or/and indirectly have more than 50% of botco voting stock. Meaning it must acquire more than 10% extra in order to gain control. Thus, if Midco that topco have 60% of is able to acquire 11% of Botco, then topco will be able to have 51% control over botco with 40% coming directly and 11% coming indirectly through it 60% control over Midco.

4 0
3 years ago
A working capital managers role is to manage: Select one: a. accounts receivable and payable only. b. cash, inventory, accounts
Dima020 [189]

Answer:

b. cash , inventory, accounts receivable, accounts payable and risk management

Explanation:

Working capital is defined as a measure that shows how a company is operating efficiently and it's ability to meet the short term financial obligations.

When a business working capital is properly managed, then the business will be healthy financially hence operate successfully and able to meet up with it's daily obligations.

A good working capital manager must be able to make use of working capital management to maintain balance between profitability, growth and liquidity. The role of working capital manager is also to manage cash, inventory, accounts receivable and payable and risk management.

A working capital manager must be able to manage cash that will be used for a business daily operation, must ensure the business inventories are properly managed and accounted for. It's duty also include risk management as he is responsible for making decisions regarding day to day finance of a business operation; the success or failure in terms of meeting up with short term financial obligation depends on him.

6 0
3 years ago
A quality inspector took five samples, each with 4 observations, of the length of time for glue to dry. The analyst computed the
ratelena [41]

Answer:

12.57

Explanation:

The first part is correct with the answer of 12.57. The formula is x_bar_bar + 3*sigma/sqrt(n)

Here x_bar_bar = 12.51, sigma = 0.04, n = 4.

Thus UCL = 12.51 + 3*0.04/sqrt(4) = 12.57

6 0
3 years ago
Gerald orders 1,000 cupcakes from Haddock Bakers for a Christmas Eve party. However, Haddock fails to deliver the cupcakes as pe
jeyben [28]

Answer:

The correct answer is letter "C": Cover of a sales contract.

Explanation:

A cover of a sales contract in law refers to the actions a buyer carries out to diminish the damages to his or her business because of a breach in a contract agreed with a seller. Initially, the buyer and the seller agreed in the transfer of goods or services but the seller fails. So, to avoid loses, the buyer sets a series of actions to continue with his business as if the breach has never happened.

3 0
3 years ago
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