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Neko [114]
2 years ago
8

Advice entrepreneurs on the advantages of a public company​

Business
2 answers:
Ad libitum [116K]2 years ago
5 0

Explanation:

<h2>Advantages</h2><h2>Ability to raise funds by selling stock. ... </h2><h2>Availability of financial information. ... </h2><h2>Increased government and regulatory scrutiny. ... </h2><h2>Strict adherence to global accounting standards. ... </h2><h2>Due diligence. ... </h2><h2>Prospectus. ... </h2><h2>SEC approval.</h2>
Ugo [173]2 years ago
4 0

Explanation:

This cash influx helps lower the company's debt to income ratio and also provides more funds for things like advertising, better compensation packages, and development of new products.

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Which one of the following groups of accounts only have debit balances
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Answer: b. Sales Returns, Wages, Machinery, Discount Allowed

Explanation:

Sales returns reduce the sales made. Sales are put on the credit side so transactions that will reduce sales such as sales returns would have to go on the debit side.

Wages are an expense and expenses are debited to show they are increasing so they have a debit balance.

Machinery is an asset and assets have debit balances.

Discount allowed reduces the sales balance and as mentioned above, transactions that reduce sales go on the debit side so this has a debit balance as well.

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The Securities and Exchange Commission was a New Deal program designed to regulate stock market.

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