Following is a list describing various features of the corporate form of organization. Match each feature with
Question:
Following is a list describing various features of the corporate form of organization. Match each feature with an appropriate descriptive term, and note whether this feature is an advantage or disadvantage of the corporate entity.
Terms:
Limited Liability
Mutual Ownership
Double Taxation
Cost of regulation
Perpetual Existence
Publicly traded
Transferability of Ownership
Transcribed Image Text:
The ability of a company to raise capital by issuing shares to the public The ability of an existing shareholder to sell shares without corporate approval The ability of the government to tax corporate earnings and dividends Periodic regulatory filings The ability of different individuals to pool resources The inability of creditors to pursue individual shareholders The life of the entity can exceed the life of the shareholders Term Advantage/Disadvantage Publicly traded Advantage
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The ability of a company to raise capital by issuing shares to the p...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Case Study: Quick Fix Dental Practice Technology requirements Application must be built using Visual Studio 2019 or Visual Studio 2017, professional or enterprise. The community edition is not...
-
Following is a list of advantages and disadvantages of the corporate form of business. Identify each quality as either an advantage or a disadvantage. a. Ownership and management are separated. b....
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
This section contains 6 questions. Questions 83 to 88 have four statements (A, B C and D) given in Column I and four statements (p, q, r and s) in Column II. Any given statement in Column I can have...
-
1. Mark has stated his own company, which sells used cars in Lynn. Since he has just begun this business, he rents storage and a parking lot in order to operate the business. The cost of rental is...
-
Which of the following is not a characteristic of Sukuk? a. The returns are generated from the underlying assets in the Sukuk. b. In the sale of Sukuk, a particular share of an asset is sold. c....
-
Sonic Drive-Ins borrowed money by issuing \(\$ 1,000,000\) of \(6 \%\) bonds payable at 96.5 . 1. How much cash did Sonic receive when it issued the bonds payable? 2. How much must Sonic pay back at...
-
Contrast simulation to other risk analysis tools. What are its advantages and disadvantages? If you were to do an important risk analysis, which tool would you prefer?
-
Examine the challenges and opportunities associated with the integration of advanced data analytics and artificial intelligence (AI) technologies in construction management processes, including...
-
Evaluate the following list, and decide if each described attribute more likely relates to a common stock or preferred stock issue. The stock is described as 6%, cumulative The stock includes voting...
-
Design a program that uses nested loops to display a multiplication table for the numbers 1 through 12. The programs output should look like this: and so forth.. = 10 = 0 1 * 1 = 1 1 * 2 = 2 13 = 3
-
At December 31, balances in Manufacturing Overhead are Shimeca Company $1,200 positive, Garcia Company$900 negative. Assuming the December 31 adjustment is made to cost of goods sold, indicate the...
-
Your first concern is to inject the initial capital into Dependable Deliveries that will create a pool of money your business can use to pay for its initial outlays. To do this you transfer some of...
-
help me rewrite this in a simpler way: Capital funding and operating funding are indeed two distinct financial strategies, each with its own implications and uses. Capital funding is typically...
-
What are the two basic sources of equity in a corporation ? Calculate the total amount paid in capital for a company that has the following balances in stockholders ' equity Stockholders Equity...
-
Scenario: Yarning Circle and Talking Stick Sarah has recently been employed by Blue Bay Early Learning Centre. Sarah is very proud of having just achieved the Diploma of Children's Services and she...
-
Examine the cultural, traditional, and artistic context of the chapter and painting from the Ramayana ( see below) Describe all three kinds of context mentioned in this lesson: culture, tradition,...
-
McCarlie Clothing Store has the following information available: Required: 1. On the basis of this information, estimate the cost of inventory on hand at March 31, 2012, using the gross margin...
-
Juanita owns a home in Richardson, TX. She purchases a Homeowners Policy (HO-3) from Farm State Ins. Co. The policy provides $100,000 in liability coverage (coverage E) and $5,000 in Med Pay coverage...
-
Indicate whether each account is an asset, a liability, or a stockholders equity account, and whether it would have a normal debit or credit balance. (a) Accounts Receivable. (b) Accounts Payable....
-
For the following transactions, indicate the account debited and the account credited. (a) Supplies are purchased on account. (b) Cash is received on signing a note payable. (c) Employees are paid...
-
For each account listed here, indicate whether it generally will have debit entries only, credit entries only, or both debit and credit entries. (a) Cash. (b) Accounts Receivable. (c) Dividends. (d)...
-
Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 Sales $ 404,039 $ 309,527 $ 214,800 Cost of...
-
Question 4 of 20 View Policies r > Current Attempt in Progress The ledger of Blossom, Inc. on March 31, 2027, includes the following selected accounts before adjusting entries. Debit Credit Prepaid...
-
Sheridan Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2025, Sheridan sells 7,200 subscriptions for cash,...
Study smarter with the SolutionInn App