All categories

2 years ago

Select the two statements about owners of equity in a business that are TRUE.

Business

2 answers:

stiks02 [169]2 years ago

8 0

Answer:1. and 3.

Explanation:

aliina [53]2 years ago

4 0

Answer:

2 and 4

Explanation:

Contractors are people who work for the company, but are not employees. They don't own equity.

A partner is one of the shareholders in a company, and owns equity.

Stakeholders are anyone with an interest in the company's success, including its clients. They don't necessarily own equity.

The founder owns all of the equity until she takes on partners, who then own part of the equity.

You might be interested in

Presented here are liability items for Skysong, Inc. at December 31, 2017. Accounts payable $298,300 FICA taxes payable $14,820

lord [1]

Answer:

Explanation:

The preparation of the liabilities section of Skysong's balance sheet is shown below:

Skysong, Inc.

Partial Balance Sheet

December 31, 2017

Liabilities

Current Liabilities

Accounts payable $298,300

FICA taxes payable $14,820

Notes payable (due May 1, 2018) $38,000

Interest payable $76,000

Unearned rent revenue $456,000

Income taxes payable $6,650

Sales taxes payable $3,230

Total Current Liabilities $893,000

Non - Current Liabilities

Bonds payable (due 2021) $1,710,000

Notes payable (due 2019) $152,000

Discount on bonds payable $77,900

Total Non -Current Liabilities $1,939,900

Total liabilities $2832,900

7 0

3 years ago

Al simmons, the curator and larry marder, the president of the mcfarlane companies describe todd mcfarlane as being both artisti

slava [35]

A SWOT analysis will identify Mcfarlane as a STRENGTH.
SWOT analysis refers to a study that is usually undertaken by companies in order to identify its internal strengths and weaknesses as well as its external opportunities and threats. In the question given above, Mcfarlane is a strength to his company because his efforts are beneficial to the company.

8 0

2 years ago

James Grunig, professor emeritus of public relations at the University of Maryland, listed the following possible objectives for

madam [21]

Answer: See explanation

Explanation:

According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:

• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.

• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.

• Acceptance of the message - The message passed must be accepted by the person that's being addressed.

• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.

• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.

3 0

3 years ago

Corporate dividends represent: Multiple Choice tax-free income for the recipient because they are distributions of pretax income

olga nikolaevna [1]

e. Corporate dividends represent aftertax income from the corporation which becomes taxable income for the recipient.

More about dividends:

Dividend refers to a distribution of a corporation's profits to its shareholders and to use the term distribution to refer to other payments to shareholders, such as payments made when the corporation is liquidated.

Types:

Cash the most typical and probably the most appreciated type of dividend is cash, which is typically distributed in the form of a check payable to the shareholder.
Property dividends are the least frequent dividends declared, making them less appealing to shareholders who may not want to receive a variety of the company's goods.
Share dividends are payments made on the corporation's shares to shareholders in proportion to their individual ownership stakes in the corporation.

Learn more about dividends here:

brainly.com/question/2960815

#SPJ1

6 0

1 year ago

Zoey Bella Company has a payroll of $10,000 for a five-day workweek. Its employees are paid each Friday for the five-day workwee

juin [17]

Answer:

Dr. Cr.

Salaries Expense $8,000

Salaries payable $8,000

Explanation:

Four days of the week passed until December 31. So, the accrued expense will be as follow:

Payroll for 5 days = $10,000

Payroll for 1 days = $10,000 / 5 = $2,000

Payroll for 4 days = $2,000 x 4 = $8,000

Accrued Expense of $8,000 should be recorded and a liability will be made against this expense as payment has not been made.

5 0

3 years ago