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Varvara68 [4.7K]
2 years ago
5

Inkglot Technologies, a medium-sized corporation, is allowed to have only 35 stockholders at any point of time. However, all sto

ckholders of the company can actively participate in the management of the company while still maintaining limited liability. Given this information, Inkglot Technologies is most likely a(n):A. S corporation.
B. C corporation.
C. not-for-profit corporation.
D. statutory close corporation.
Business
1 answer:
rewona [7]2 years ago
4 0

Answer: (D) Statutory close corporation

Explanation:

The statutory close operation is one of the type of corporation in which the the organization are basically based on the various statutory formalities.

This corporation mainly allow the Article of an organization that operate various types broad of director in the corporation.

The main advantage of the statutory close corporation is that it include the liability limitations where the shareholder in an organization does not face any problem regarding the debts.

Therefore, Option (D) is correct.  

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Answer:

EPS will be higher than $2.38

Explanation:

The earnings per share are the income that is accessible to the company's shareholders after all the costs and taxes are deducted. Restructuring costs are one-time costs that are recorded in the income statement as other operating expenses.

The presence of restructuring and other one-time costs in the Revenue Statement leads to lower pre-tax earnings and cause decrease in net profit. When these expenses are excluded, the Earning would increase, resulting in the company's EPS.

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2 years ago
1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividen
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Answer:

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2 years ago
A worker’s positive reaction to a negative performance review from an employer might be to ______.
wel

A worker’s positive reaction to a negative performance review from an employer might be option A "ignore the criticisms made at the review." Option A seems to be the best fit for this question because option B would I consider a negative reaction because addressing the employer over the negative review could start a fight and the other two seem too irrelevant for this question.

Hope this helps.

3 0
2 years ago
Read 2 more answers
The City of Clear Lake signed a lease agreement with Mountainside Builders whereby Mountainside will construct a new office buil
AnnyKZ [126]

Try making discount to 5% they will have to pay just a little more for what they are buying. Try moving the payment to 822,000 so you can save the 441 dollars.

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2 years ago
Leo received $7,500 today and will receive another $5,000 two years from today. He will invest these funds when he receives them
alekssr [168]

Answer:

Value of Investment= Principal (1+Rate of return)^Number of periods

For the first investment the principal is 7,500, the rate of return is 11.5% and the number of periods are 5 so the value of the investment will be

7,500 (1+0.115)^5=12,925

For the second investment the principal is 5,000, the rate of return is 11.5 and the number of periods are 3 as the 5,000 is invested two years from today.

5,000*(1+0.115)^3=6,931

Total value of investments = 12,925 +6,931 = $19,856

8 0
1 year ago
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