The major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.
The corporate form of ownership means a business/organization that is operating as a legal entity, that is, it is run separate from the parties who own it.
In other word, the corporation which operates as legal entity is created for purpose of operating for profit for individuals, stockholders, shareholders etc
<u>Some </u><u>advantages </u><u>of </u><u>corporation </u><u>includes</u>
- Owners has limited liability.
- The easy transfer of ownership.
- The corporations usually lasts forever.
In conclusion, the major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.
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<em>brainly.com/question/1705632</em>
Answer:
Equivalent units of production for materials = 5960
Explanation:
Given:
Units transferred out = 5800
Units in ending inventory = 400
%age of completion for conversion = 40%
To calculate the equivalent units of production by using the formula:
Equivalent units of production for materials = units transferred out + ( units in ending inventory × %age of completion for conversion)
= 5800 + ( 400 × 40/100)
= 5800 + ( 400 × 0.4)
= 5800 + 160
= 5960
Answer:
It then means that there was an increase in price of <em>$0.35 and an increase in the Consumer Price Index of 122</em> of Soda after 37 years for inflationary reasons.
Explanation:
The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.
<em>Solution</em>
<em>CPI = New Price/ Old Price</em>
<em>Where:</em>
<em>Old Price = $0.15</em>
<em>New Price = $0.50</em>
<em></em>
<em>∴ = 0.50/0.15 </em>
<em>CPI = 3.33</em>
<em>Then there was no significant rise on inflation since the CPI for 37 years was 3.33 </em>
Answer: Quality monetary policy.
Explanation:
- After the Great Depression of 1929, there was a real danger of economic dubiousness in the US economy. The government has learned some lessons from that episode. Authorities have taken several steps to prevent the country from reaching a similar position in the future. The government has stimulated the economy. In a situation of the danger of economic crisis, the government cuts taxes in the country. In this way, it encourages higher consumption among the population, which is a stabilizing factor for the economy.
- The government is trying to reduce inflation with its revenues. The Federal Reserve Board manages that policy. The anti-trust law should be mentioned in addition to the mechanism. In doing so, it seeks to challenge the formation of unrealistic competition that may pose a threat to small and medium-sized enterprises. Technological advancement is also an essential factor, and the government supports the availability of these technologies, and widespread availability and market availability is one of the vital regulations of US monetary policy.
