All categories

2 years ago

Why do corporations generally have the largest profits of any form of business?

2 answers:

8 0

A business owned by shareholders, also called stockholders, who own the rights to the company's profits but face only limited liability for the company's debts and losses.

fredd [130]2 years ago

3 0

Answer:

This is mainly because their business models can reach many markets and can supply a large quantity of goods and services to the market.

This is possible because a corporation has the required legal protection and economic capacity to function in a large scale. And it's activities are closely monitored I to reduce your he regulatory authorities such as the taxes department and SEC. Also, as the accounting standards and rules related to the transparency of the financial status of the companies, investors tends to invest more in these than in sole.proprietorships and partnerships, greatly increasing the ability to raise funds.

Explanation:

You might be interested in

On June 1, Norma Company signed a 12-month lease for warehouse space. The lease requires monthly rent of $550, with 4 months pai

Sati [7]

Answer:

Balance = $1,650

Explanation:

As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows

Adjusting entry at the end of June would be

DEBIT CREDIT

Entry

Rent Expense $550

Prepaid Rent $550

The balance on Norma's prepaid expense would be

Prepaid Rent = $2200

Rent Expense = ($550)

Balance = $1,650

7 0

2 years ago

Whether a deliberate choice by a leader, or ostracized by the organization, __________ are sequestered from the rest of the comp

tatiyna

The answer is D)<span> Insulating teams – (example--the scientific team that developed the atomic bomb)
</span>

While the example of the atomic bomb is a bit of stretch many companies still use such internal tactics.

For example, companies in the creative industries, Research & Development, Deep Tech and Information Technology also work through insulating teams to protect intellectual property or whatever the outcomes of the project will be.
<span></span>

5 0

2 years ago

An individual borrowed money at the bank to send his daughter to college. Instead of purchasing Credit life insurance, he used a

padilas [110]

Answer:

The correct answer is: Collateral Assignment.

Explanation:

Collateral assignment of a life insurance sets a lender as the beneficiary in front of the decease of the insured, so the benefits will be used to cover the debt of that loan. The lender could be the insured of the life insurance or anybody else the insured decides to appoint.

4 0

2 years ago

Helen, who is single, is considering purchasing a residence that will provide an $18,000 tax deduction for property taxes and mo

GenaCL600 [577]

Answer:

amount of tax saving is $4320

Explanation:

given data

tax deduction = $18000

marginal tax rate = 24%

effective tax rate = 20%

to find out

amount of tax saving

solution

we know tax saving formula that is

tax saving = tax deduction × marginal tax ........................1

so now put here all value in equation 1

tax saving = tax deduction × marginal tax

tax saving = 18000 × 24%

tax saving = 18000 × 0.24

tax saving = 4320

so amount of tax saving is $4320

4 0

2 years ago

The Benson Bearing Company sells Textron, Inc. a quantity of baseball bats that were stored in an independent warehouse at the t

polet [3.4K]

Answer:

at the time it receives a negotiable warehouse receipt for the bats.

Explanation:

Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.

Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.

This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.

7 0

2 years ago

Why do corporations generally have the largest profits of any form of business?​

Why do corporations generally have the largest profits of any form of business?