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Anon25 [30]
2 years ago
14

What forms can firms take?

Business
2 answers:
vlada-n [284]2 years ago
7 0
There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law
Scrat [10]2 years ago
6 0

Answer:

sole proprietorship

partnership

corporation

limited liability company

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Plz solve its timed!!!
Luda [366]

Answer:

Revaluation of assets and liabilities

Explanation:

The main adjustments required at the time of a partner from a partnership firm: Change in the profit sharing ratio. Accounting treatment of goodwill.

5 0
2 years ago
Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to
natta225 [31]

Answer: D. 500

Explanation:

The Economic Order Quantity (EOQ) refers to an efficient number of units that a company should order to minimize the total costs of inventory such as holding costs, order costs, and shortage costs.

It is calculated by the formula below,

EOQ = √ (2 * Annual demand * Ordering Cost / Holding Cost)

EOQ = √ (2 * 5,000 * 250 /10)

EOQ = 500 units.

The economic ordering quantity (EOQ) for this item is 500 units.

6 0
3 years ago
One reason many companies do not organize themselves as an s corporation is that this form of business:
S_A_V [24]

Answer:

S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.

Explanation:

There are specific pre-requisites before a company may apply as an S corporation

  • It implies that corporation shareholders must be U.S. residents only who directly own the shares.
  • Maximum 100 shareholders can be part of S corporation.  
  • The stock options are restricted to one class only.

The limited stock options, no foreign investment challenges and limitation of maximum shareholders create a barrier to open S type corporation. So the answer is S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.

7 0
3 years ago
A corporation has issued 30,000 shares of $50 par common stock and holds 5,000 of these shares as treasury stock. If the corpora
Andrews [41]

Answer:

The amount of $25,000 will be recorded as the Cash Dividends

Explanation:

The amount which is to be recorded as the cash dividend is computed as:

Cash Dividend = Number of Shares × Rate per share

where

Number of shares is computed as:

Number of shares = Issued Shares - Treasury Stock

= 30,000 - 5,000

= 25,000

NOTE: No dividend is paid on treasury stocks, so the the shares of the treasury stocks are subtracted.

Rate per share is $1

SO, Putting the values above:

Cash Dividend = 25,000 × $1

= $25,000

3 0
3 years ago
Vandana shiva agrees that the green revolution has increased agricultural output and household incomes, but she is concerned abo
Anna11 [10]
<span>cultural, economic and environmental changes. The most one is environmental changes. The green revolution cause for excess use of chemicals and pesiticides that accelerated the rate of pollution and imabalance. The people will start a new culture of depending upon chemicals for agriculture which may negatively affect the very existence of nature.</span>
7 0
3 years ago
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