1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha2012 [34]
2 years ago
14

Which form of business organization is established as a separate legal entity?

Business
1 answer:
densk [106]2 years ago
7 0

Answer:

Corporations

Corporations. A corporation is considered by law to be a unique entity, separate from those who own it. A corporation can be taxed, sued and enter into contractual agreements. The corporation has a life of its own and does not dissolve when ownership changes.

Explanation:

corporation

Unlike a sole proprietorship or general partnership, a corporation is a separate legal entity, separate and distinct from its owners. It can be created for a limited duration, or it can have perpetual existence

You might be interested in
At the end of this month, Les will start saving $200 a month for retirement through his company's retirement plan. His employer
aleksklad [387]

Answer:

Amount per month (A) = $200 + $0.50 x $200 = $300

Interest rate (r) = 8.25% = 0.0825

Number of years (n) = 30 years

No of compounding periods in a year (m) = 12

Future value = ?

FV = A(1 + r/m)nm - 1)

               r/m

FV = $300(1 + 0.0825/12)30x12 - 1)

                       0.0825/12

FV = $300(1 + 0.006875)360 - 1)

                   0.006875

FV = $300(1.006875)360 - 1)

                 0.006875

FV = $300 x 1,568.218999

FV = $470,465.70

The correct answer is D

Explanation:

In this case, there is need to apply the formula for future value of an ordinary annuity on the ground that compounding is done monthly. In the formula, monthly deposit (A) is $300, number of years is 30 years and interest rate (r) is divided by 12 because compounding is done on monthly basis. The number of years is also multiplied by the number of times interest is compounded in a year.

7 0
3 years ago
During 2013, Stein Corporation reported net sales of $3,500,000 and net income of$2,100,000. Stein also reported beginning total
lana66690 [7]

Answer:

b.2.8 times.

Explanation:

Asset turnover =  net sales/average total assets

From Stein Corporation report,

Net sales = $3,500,000

Beginning total assets = $1,000,000

Ending total assets = $1,500,000

Average total asset = ($1,000,000 + $1,500,000)/2

                                 = $1,250,000

Asset turnover = $3,500,000/$1,250,000

                         = 2.8 times

Option b is right.

5 0
3 years ago
which of the following processes authorizes a police officer to search private homes, businesses, and vehicles of suspects
Lapatulllka [165]
A Judge ordered search warrant and probable cause. Do you need help with anything else?
4 0
2 years ago
Read 2 more answers
What are the benefits to employers and workers of making a workplace ergonomically correct?
kotegsom [21]
Fewer injuries/workers compensation claims.  Safer workplace. Greater comfort. Higher productiviity
7 0
3 years ago
Suppose you are in charge of the financial department of your company and you have to decide whether to borrow short or long ter
Degger [83]

Answer:

a. Interest rate will rise.

b.   Borrowing on short term

Explanation:

A. The interest rate will likely go up if government embark on major infrastructure plan in the future. The reason for the rise is that it`s assumed that government will borrow to finance the infrastructure plan and when government borrows, there will be less money in the economy which will make credit scarce and interest rate to rise because of the depleting credit level in the economy.

B. I will advise to borrow on short term because of the impending rise in interest rate. If borrow on short term, the fluctuation in the interest rate will unlikely affect the short term facility. In contrast, if borrow on long term, the impeding rise in the interest rate might increase finance cost for the firm  in servicing the facility and also erode the facility value.

6 0
3 years ago
Other questions:
  • Tyare Corporation had the following inventory balances at the beginning and end of May:
    10·1 answer
  • Households act as suppliers when they provide:
    5·1 answer
  • Labor unions generally prefer it if an international business keeps highly skilled tasks in its home country and farms out only
    14·1 answer
  • A builder of custom homes reduced the price of a model by 25​%. if the new price is $480,000, what was its original​ price? how
    8·1 answer
  • Michone lost her job and ended up deep in debt after she was arrested for causing a car accident while she was drinking and driv
    8·1 answer
  • Interest is the cost of borrowing. <br> a. True<br> b. False
    10·1 answer
  • Describe the relationship between an individual consumer's demand and market demand
    7·1 answer
  • Belltone Company made the following expenditures related to its 10-year-old manufacturing facility: 1. The heating system was re
    6·1 answer
  • Alt Corp. issues 3,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made
    15·1 answer
  • Using the 4 Cs, we consider a variety of costs associated with the purchase of a product. Cost in the Four Cs model is similar t
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!