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3 years ago

The two ways that a corporation can be classified by ownership are

Business

1 answer:

makvit [3.9K]3 years ago

6 0

Answer:

The two ways that a corporation can be classified by ownership are: publicly held and privately held

Explanation:

Corporation is majorly defined by the ownership of the entity and this ownership can only be determined by the number of share being held by private groups and promoters or the general public.

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Which of the following is NOT a period cost? Question 2 options: A) Insurance on a company showroom where customers can view new

Cerrena [4.2K]

its b your welcome:)

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3 years ago

Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $3,800 from sales $201,0

Otrada [13]

Answer:

The Big Bart product line should be retained

Explanation:

Continue Eliminate Net Income

Sales $201,000 $0 -$201,000

Variable costs $175,000 $0 $175,000

Contribution margin $26,000 $0 -$26,000

Fixed costs $29,800 $19,700 $10,100

Net Income / (Loss) -$3,800  -$19,700 -$15,900

Conclusion; The Big Bart product line should be retained, not eliminated because the Net loss of been eliminated is very negative than to be retained.

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3 years ago

After creating a new QuickBooks data file for an existing company and entering all the existing balances, use an opening adjusti

Strike441 [17]

After creating a new QuickBooks data file for an existing company and entering all the existing balances, use an opening adjusting entry to move the balance in the Opening Balance Equity account to the Capital Stock account.

<h3>Explanation:</h3>

When we need to enter the balance of any account in the accounting software called Quickbooks the entry that is used. When you want to set up a prior balances for the first time in this software you need this Opening balance equity .There must also be a credit and debit for journal entry for putting it into register.

The liabilities must be added in the credit side and the open balance equity must be in the debit side. This balance equity will always be negative since it is credit card opening balance.

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4 years ago

The user of a(n) ________ conflict style assertively attempts to resolve conflict by working together with the other person to f

zaharov [31]

Answer:

d. Collaborating

Explanation:

The user of a collaborating conflict style assertively attempts to resolve conflict by working together with the other person to find an acceptable solution. It is one of the most commonly used conflict resolving styles, reason why it is also referred to as the problem solving style.

Individuals engaging in a collaborating conflict style are usually very cooperative and assertive in the process of resolving the problem.

This ultimately implies that, it usually leads to a peaceful resolution and arguably the best conflict resolving method. Also, individuals participating are availed the best opportunity.

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4 years ago

Jack , president of a national stationery store, believes that the business has a responsibility not only to stockholders but al

pickupchik [31]

A. socioeconomic model

B. economic model

C. personal model

D. stakeholder model

Answer:

socioeconomic model

Explanation:

The social economic model of social responsibility explains that beyond producing goods and services for to meet the society’s needs and making reasonable profits in business, attention also should be directed towards making business decisions that takes into consideration steps to resolving social issues in a society. This would go a long way in creating a stable environment for the business to thrive and bring about long term profit.

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3 years ago