All categories

2 years ago

Distinguish between private and public company.

Business

2 answers:

Luda [366]2 years ago

7 0

Answer:

<h2>PUBLIC COMPANY </h2><h3 /><h3>A Public Company is owned and traded publicly on the stock exchange.</h3>

<h2>PRIVATE COMPANY </h2>

<h3>A Private Company is owned and traded privately</h3>

julia-pushkina [17]2 years ago

6 0

Answer:

A public company is a company that is listed in the well-known stock exchange and can be traded freely. Where a private limited company is not listed on a stock exchange and it is held privately by the member of the company.

Explanation:

If you like my answer than please mark me brainliest thanks

You might be interested in

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common

Vanyuwa [196]

Answer:

The company's revenue for the year is <u>$1,615,000</u>.

The correct option is <u>A. $1,615,000</u>.

Explanation:

Given:

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000.

If Patterson’s ending retained earnings was $350,000.

Now, to find the company's revenue for the year.

Opening Retained earnings = $325,000.

Common stock = $500,000.

Recorded expenses = $1,500,000.

Paid dividends = $90,000.

Closing Retained earnings = $350,000.

Now, to get the revenue of the company we put formula:

<u><em>Revenue = (Recorded expenses + paid dividends + closing Retained earnings) - opening Retained earnings</em></u>

$Revenue=(1500,000+90,000+350,000)-325,000$

$Revenue=1940000-325000$

$Revenue=1615,000.$

Therefore, the company's revenue for the year is $1,615,000.

The correct option is A. $1,615,000.

4 0

3 years ago

Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a

lys-0071 [83]

Answer:

Cutting $8,305

Binding $365

Explanation:

Calculation to Determine the ending balances in the Work in Process Inventory accounts of each department.

Cutting Ending work in process =$ 1,145+ 3,750+$ 9,240+$14,700-$20,530

Cutting Ending work in process =$8,305

Therefore the ending balances in the Work in Process Inventory accounts for cutting department will be $8,305

Binding Ending work in process= $2,200+$2,646+$3,450+$7,100+$18,575+$20,530-$49,000

Binding Ending work in process= $365

Therefore Therefore the ending balances in the Work in Process Inventory accounts for binding department will be $365

5 0

2 years ago

A factory produces gadgets that have two key parts. The factory can employ workers to attach those parts, or it can employ robot

Aleksandr [31]

Answer:

Substitutes

Explanation: A Substitute is a term used to describe a replacement for another,it is used to describe two or more items or materials or things that perform similar Activities and roles.

BOTH THE HUMAN WORKERS AND ROBOTS CAN BOTH BE ENGAGED TO ATTACH THE PARTS,WHICH MEANS IN THE ABSENCE OF ONE THE OTHER CAN CARRY OUT THE RESPONSIBILITY OF THAT ONE.

6 0

3 years ago

A-Plus Appliances sells dishwashers with a four-year warranty. In 2019, sales revenue for dishwashers is $94,000. The compan

Elan Coil [88]

Answer:

$4230 is the correct answer to the given question .

Explanation:

As Mention in the question the sales revenue to the dishwashers = $94,000

Also the company estimated warranty expense cost is =4.5% of revenues,

Now the estimated warranty payable can be determined by the following formula

$Annual\ sales\ revenue\ for \ the \ dishwashers\ * warranty\ expense\ revenues.$

$= \ 94000\ * \ 4.5\ % \ of \ revenues$

== $4230

6 0

2 years ago

What is a caterer what is his job

Oksi-84 [34.3K]

A caterer is someone who arranges the delivery, preparation and presentation of food for clients. If you've ever attended a bridal shower, fund raiser, rehearsal dinner, wedding reception or a bar mitzvah that had beautifully prepared and presented food, chances are that event was catered.

6 0

3 years ago

Distinguish between private and public company.​

Distinguish between private and public company.