3 years ago

Whoever answers gets brainlist!

Business

1 answer:

Anika [276]3 years ago

7 0

Answer:

false

Explanation:

S corporation form of business ownership is one type of corporation. It is a corporation whose shareholders have elected to become an S corporation. The formation of this form of business structure is not easy. First, a corporation is formed as per the requirements of the laws. Some requirements include drafting of articles and memorandum of association, appointing directors, and registering the corporation.

The shareholder can then apply to be an S incorporation if they meet the requirement. Some of them are

1. Should not have more than 100 shareholders

2. Shareholders should be individual or some exempt entities.

3. Have one class of stock

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The Bogart Company produces 5,000 units of item SLM 46 annually at a total cost of $200,000

sertanlavr [38]

Answer:

Option B is the answer

Explanation:

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= 190,000

= 190,000/5,000 units

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3 years ago

What makes a business unique

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Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur

laiz [17]

Answer:

c) 8.44x

Explanation:

Total current assets = cash + account receivable + inventory

⇔ $79,000 = $35,550 + $19,750 + Inventory

⇒ Inventory = $79,000 - $35,550 - $19,750 = $23,700

The inventory circles based on annual sales = Sales/ inventory = $200,000/ $23,700 = 8.44