A corporation type of business that is a legal entity formed by following a process of incorporation set forth by state statutes.
A corporation is a legal entity this is separate and wonderful from its owners. Under the regulation, organizations own a number of the equal rights and duties as people. They can enter contracts, mortgage and borrow money, sue and be sued, lease employees, own assets, and pay taxes.
The right prison definition of a agency differs from jurisdiction to jurisdiction, but the corporation's maximum essential function is always limited liability. This means that shareholders may participate within the earnings via dividends and stock appreciation but aren't personally liable for the company's debts.
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Answer:
c. half of the order quantity
Explanation:
Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is <u>half of the order quantity</u>
Economic order quantity is a quantity which minimizes the ordering cost and holding cost
Q = EOQ =
where D = Demand unit, S = Order cost and H = Holding cost
- Ordering cost and the Holding at EOQ will be same
- Average inventory = Q/2
- Average inventory is the half of the order quantity.
Answer:
a shareholder of a corporation
Explanation:
LLC stands for limited liability company. Members of an LLC have limited liability to the debts of the company. Golden gloves LLC is a legal and separate entity from its owners or shareholders. It is entitled it its assets and well as liabilities. If Golden gloves LLC is being liquidated, and its assets are not sufficient to pay all the creditors, the shareholders' personal properties cannot be used to pay off the debts.
Members of Golden gloves have similar liability responsibilities like shareholders of a corporation. The stakeholders of a corporation's liabilities are limited to the extent of their capital contribution. In other words, they have limited liabilities to the debts of the corporation.
Answer:
The correct answer is A. is weak in local responsiveness.
Explanation:
The global division by products is an organizational structure that extends worldwide the responsibilities of the domestic product divisions. The growth of international business and the diversity of products make it advisable that each product line is also responsible for its international operations, without having to delegate to an international division.
Answer:
$240,000
Explanation:
Calculation to determine what should be reported as total intangible assets
Using this formula
Total intangible assets=Copyrights+Excess of cost over fair value of identifiable net assets of acquired+Trademarks+Patents
Let Plug in the formula
Total intangible assets=$50,000 + $80,000 + $90,000 +$20,000
Total intangible assets=$240,000
Therefore The Amount that should be reported as total intangible assets is $240,000