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Minchanka [31]
3 years ago
9

Corporation meaning in simple terms

Business
2 answers:
a_sh-v [17]3 years ago
6 0
A corporation is a legal form of business that is separate from its owners. In other words, it's a business that is a separate legal entity from its shareholders.


Hope this helps, make brainliest c:
mars1129 [50]3 years ago
5 0

Answer: A corporation is a legal entity that is separate and distinct from its owners.

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The following information has been provided by New​ Age, Inc.:
N76 [4]

Answer:

(D) $ 4,950

Explanation:

The computation is shown below

As We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of goods manufactured

where,  

Total manufacturing cost = Direct materials used + direct labor cost + manufacturing overhead  cost

= $10,000 + $25,800 + $19,200

= $55,000

So, the opening work in process inventory would be

$11,200 = Opening work in process + $55,000 - $48,750

So, the opening work in process is

= $4,950

7 0
3 years ago
On average, companies that create plans have larger profits and grow much faster than companies that don't. true false
Murrr4er [49]
False - because not every business plans work
3 0
3 years ago
Santino bought a book for $23.54 the price of the book was $22. what was the sales tax rate
notka56 [123]
Hi there! The answer is 7%

The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54

Now we can find the sales tax rate by using the following formula:
tax \: rate = \frac{tax}{price \: excluding \: tax} \times 100\%

Filling in gives:
tax \: rate \: = \frac{1.54}{22} \times 100\% = 7\%
3 0
3 years ago
Metallica Bearings, Inc., is a young start-up company. It announces that it will pay no dividends on its stock over the next nin
LiRa [457]

Answer:

jjrgowqg

Explanation:

rejkgnekrmg

6 0
4 years ago
Jim's mom is an accountant he has learned quite a bit of information from her about her career what kind of source of informatio
marissa [1.9K]
Based on the given scenario above about how Jim acquired knowledge and information about careers, this kind of source can be classified as an EXTERNAL source. This is classified as an external source knowing that the source of information is his mom. Hope this helps.
5 0
3 years ago
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