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3 years ago

There are more corporations in this country than any other business structure. OTrue O False

Business

2 answers:

Ket [755]3 years ago

6 0

It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.

Leviafan [203]3 years ago

3 0

Answer:

O False

Explanation:

Corporations are independent legal entities that have commercial rights like individuals. They can acquire properties, incur debts, enter into contracts, sue, and be sued. The owners are its shareholders and enjoy limited liabilities to its debts. The corporation business structure is most complex to establish and run. Due to this reason, they are fewer in numbers compared to the other forms of business structures.

The sole proprietorship structure is the most common type of business ownership in the US. Of all business structures, the sole trader is the simplest to start and operate.

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You have accepted a job as the president and CEO of a large transportation conglomerate. Over the years, the conglomerate has ac

rjkz [21]

Answer: a. Railroad loading

Explanation:

This question relates to the BCG matrix which allows a company with multiple divisions to know how to deal with its various divisions based on their growth rate and market share.

The question specifically relates to a matrix called "Cash cows". Cash cows are divisions that have a significant market share but a low growth rate. These divisions are stable and bring more money into the company than they cost to run.

This allows us to take profits from them and invest in other. The Railroad loading controls a significant market share of 75% but has a low growth rate so is a Cash cow.

6 0

3 years ago

Cullumber Company received proceeds of $1176000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1

Alik [6]

Answer:

$74,880

Explanation:

The computation of the amount of interest Cullumber must pay the bondholders is shown below:

= Face value of the bond × interest rate

where,

Face value of the bond is $1,248,000

And the interest rate is 6%

So, the amount of interest paid is

= $1,248,000 × 6%

= $74,880

We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come

6 0

3 years ago

Customer loyalty to a business is

kari74 [83]

Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.

4 0

3 years ago

Read 2 more answers

Bob's Boats uses job costing. They use direct labor hours as a basis for allocating overhead costs to jobs. Given the following

Anton [14]

Answer:

Bob's predetermined overhead rate = 9.91

Explanation:

Calculation for predetermined overhead rate

Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours

Predetermined overhead rate = 110917 / 11198

Predetermined overhead rate = 110.917 / 11.198

Predetermined overhead rate = 9.91

8 0

3 years ago

Indirect costs occur when

nikklg [1K]

Answer:

The answer is A. resources are shared by more than one product or service.

Explanation:

Indirect cost are costs that are not directly related or traced to any product or activity. They are shared or used by more than one activities. Examples include, Adminstrative expenses, advertising expenses, telephone expenses, rent, office expenses etc.

Like direct cost, indirect cost can be fixed or variable.

Indirect costs are used by business as a whole and not just limited to a particular product.

Option B is not correct. Cost that are directly traced or related to a product is known as direct material. For example, direct labour and direct material used to produce a particular good.

Option C and D are also wrong

5 0

3 years ago