BUSINESS COLLEGE

Which of the following statements is correct?a. A hostile takeover is a primary method of transferring ownership interest in a corporation.b. The corporation is a legal entity created by the state and is a direct extension of the legal status of itsowners and managers, that is, the owners and managers are the corporation.c. Unlimited liability and limited life are two key advantages of the corporate form over other forms ofbusiness organization.d. In part, due to limited liability and ease of ownership transfer, corporations have less trouble raisingmoney in financial markets than other organizational forms.e. Although stockholders of the corporation are insulated by limited legal liability, the legal status of thecorporation does not protect the firm's managers in the same way.

Answers

Answer 1
Answer:

Answer:

d. In part, due to limited liability and ease of ownership transfer, corporations have less trouble raising money in financial markets than other organizational forms.

Explanation:

In a corporate form of company, the partners hold equity shares, and the number of shares can be unlimited. Accordingly, the liability of each partner is up to the amount of share, and are not held personally liable.

Also since there are huge number of partners the amount of funds are never short and it grows, further because of this the company is even able to raise huge funds, which is not possible for other forms of organization.


Related Questions

HIGH SCHOOL

A large restaurant with locations throughout the United States has a long-term partnership with Tyson for its poultry and a produce distributor for its fruits and vegetables. These relationships reduce inefficiencies and costs and result in higher customer satisfaction. This restaurant is successfully using _____.

Answers

Answer:

supply chain management

Explanation:

supply chain management is the management process or planning process that involve movement of raw material to production of goods.

it involves all those process which make the company profitable by providing the raw material at right time to fulfill the demands of customers

By using supply chain management complexity in providing raw material to manufacture unit is excluded. Hence this result in higher customer satisfaction and higher benefits

Answer: Supply chain management.

Explanation:

The supply chain management is one of the effective method that control the flow of various type of goods and the services by transforming all the raw material into the final product.

 The supply chain management plays an important role as it provide the customer satisfaction management and also increase the competitiveness in the market.

The main goal of the supply chain management is that it enhanced the responsiveness in an organization, build the network resiliency and also give the customer value.  

There are various types of benefits that the supply chain management provide are as follows:

  • Reduce the overall cost effect
  • Providing the high efficiency rate
  • Enhance the network of the supply chain management  
COLLEGE

What is the norming stage

Answers

Norming stages known as forming storming and performing psychologist bruce tuckman who created this memorable phase later added a fifth stage.
HIGH SCHOOL

Jessica makes photo frames. She spends $5 on the materials for each photo frame. She can create one photo frame in an hour. She earns $10 per hour at a part-time job at the local coffee shop. She can sell a photo frame for $30 each. An economist would calculate the total profit for one photo frame to be __________.a. $5. b. $10.
c. $15.
d. $25.

Answers

The amount of total profit earned for selling one photo frame is $15.

The total profit is determined by the difference between the cost price and the selling price.

As per the economist, the cost price of the photo frame will include the amount spent on the material of $5 and the amount to be earned from the part-time job is $10.

Computation:

Given,

The cost spent on material =$5

Opportunity cost (earning from part-time job) =$10

selling price =$30

Thus, the profit to be earned by selling one photo frame is $15.

To know more about profits, refer to the link:

brainly.com/question/1494270

Answer:

=$15

Explanation:

An economist will consider the cost of the photo as the materials costs plus the opportunity cost of labor for Jessica. For Jessica, the opportunity cost of making the photo frame is the amount she would have earned working at the coffee shop. Therefore, the $10 she would have earned at the coffee shop is the labor cost of producing one photo frame.

The total cost of making one photo frame would be $5 plus $10.

i,e. $5 + $10 = $15

Profit from the photo frame = selling price - cost price

=$30- $15

=$15

COLLEGE

A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you that the price elasticity of demand for his pizza is -2, and he asks you for advice. He wants to know two things. First, how many pizzas will he sell if he cuts his price by 10%? Second, how will his revenue be affected? If he cuts his price by 10%, his sales will increase to     pizzas, and his total revenue will increase to $   .

Answers

Let
z----------------- > Price Elasticity
x----------------- > % Change in Quantity
y----------------- > % Change in Price

we Know that

Price Elasticity = (% Change in Quantity) / (% Change in Price)----> z=x/y

z=-2
y=-10%
x= ?
z=x/y---------------- > x=z*y=(-2)*(-10)=20 %
% Change in Quantity=20%
Part A) how many pizzas will he sell if he cuts his price by 10%?
He will sell (500 +20 %)----------> 500*1.2=600 pizzas per week

the answer part A is 600 pizzas per week

Part B) how will his revenue be affected?
initial revenue per week
500 pizzas*$20 =$10000

final revenue per week
(500 pizzas+20%) *($20-10%)=600 pizzas*$18=$10800
$10800-$10000=$800

the answer part B is
His revenue will increase  $800 per week

HIGH SCHOOL

The following items could appear on a bank reconciliation: a. Outstanding checks, $670. b. Deposits in transit, $1,500. c. NSF check from customer, no. 548, for $175. d. Bank collection of note receivable of $800, and interest of $80. e. Interest earned on bank balance, $20. f. Service charge, $10. g. The business credited Cash for $200. The correct amount was $2,000. h. The bank incorrectly decreased the business's by $350 for a check written by another business.Classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.

Answers

Answer:

a. Outstanding checks: Subtract $670 from the bank balance.

b. Deposits in transit: Add $1,500 to the bank balance.

c. NSF check: Deduct $175 from the book balance.

d. Bank collection of note receivable: and interest:  Add $880 to the book balance.

e. Interest earned on bank balance: Add $20 to the book balance.

f. Service charge: Deduct $10 from the book balance.

g. Errors in cash account: Add $1,800 to the cash account.

h. Errors in bank account: Add $350 to the bank balance.

Explanation:

To get the true cash balance, one needs to do two things:

1) Adjust the bank balance for items that are already recorded in the company's cash book but are currently not reflecting in the bank statement, and

2) adjust the company' cash book balance for items that are on the bank statement but are currently not recorded in the company's books.

After doing these two adjustments, the balance after adjusting for 1) and 2) should be the same - and this is the true cash balance that the company should use as its value for cash that the company has as at a particular date.

The rule of thumb is: "adjust it where it isn't reflecting".

For example- outstanding checks are checks that were written by the company and have already been debited in the company's books as payments made. But these checks haven't been presented at the bank for processing, and therefore the bank balance is not yet reflecting this payment. Therefore the adjusting entry would be to "adjust where it isn't reflecting" by deducting the bank balance as shown above.

COLLEGE

The journal entry used to record the issuance of an interest-bearing note for the purpose of borrowing funds for the business is: a. debit Cash; credit Notes Payable b. debit Cash and Interest Expense; credit Notes Payable c. debit Notes Payable; credit Cash d. debit Accounts Payable; credit Notes Payable

Answers

Answer:

a. debit Cash; credit Notes Payable

Explanation:

The journal entry for issuance of an interest-bearing note is shown below:

Cash A/c Dr XXXXX

        To Notes payable XXXXX

(Being the issuance of the interest-bearing note is recorded)

For recording this transaction we debited the cash account and credited the notes payable account so that the correct posting could be done.

COLLEGE

In a process cost system, factory depreciation expense incurred is debited to ________. a)finished goods inventory
b)work in process inventory
c)manufacturing overhead
d)cost of goods sold

Answers

Answer:

The correct answer is letter "C": manufacturing overhead.

Explanation:

Manufacturing overhead are untraceable indirect costs that are involved in the process of production given an accounting period. Examples of manufacturing overhead include power and gas service in the manufacturing facility, administrative wages, and depreciation of the equipment used.

Answer:

Manufacturing overhead

Explanation:

Depreciation is a way of allocating a portion of equipment that was consumed to form part of the product cost as the cost of most equipment have life cycle that  extends beyond a business year .

It is treated as overhead as the cost is not directly related to manufacturing of the goods

MIDDLE SCHOOL

How has technology changed in education

Answers

Students can collaborate on group projects using technology-based tools such as wikis and Google docs. The walls of the classrooms are no longer a barrier as technology enables new ways of learning, communicating, and working collaboratively. Technology has also begun to change the roles of teachers and learners.

HIGH SCHOOL

The voting procedure whereby shareholders may cast all of their votes for one member of the board is called _____ voting.a) cumulative b) deferred c) democratic d) straight e) proxy

Answers

Answer:

A) cumulative

Explanation:

Cumulative voting is used by minority shareholders to elect a member of the board of directors. This voting method allows shareholders to cast all their votes for one candidate to the board in order to fill an opening.

Some small corporations may have a majority stockholder (owns more than 50% of the votes), but most corporations, especially large ones, have a lot of minority stockholders. So groups of minority stockholders are formed in order to select board members that represent their best interests. The most common way to do it is through cumulative voting.  

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