Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 29, 2024

For a business to be considered a corporation, it must: Multiple Choice be owned by an extremely large number of people. be organized as

For a business to be considered a corporation, it must: Multiple Choice be owned by an extremely large number of people. be organized as a separate legal entity. sell publicly traded shares. not have any shareholders on the management team.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele

10th edition

9780077515904, 007802529X, 77515900, 978-0078025297

More Books

Students also viewed these Accounting questions

Question

★★★★★

Sound waves with frequency 3000 Hz and speed 343 m/s diffract through the rectangular opening of a speaker cabinet and into a large auditorium of length d = 100 m. The opening, which has a horizontal...

Answered: 1 week ago

Question

★★★★★

In Brown Companys flexible budget graph, the fixed cost line and the total budgeted cost line intersect the vertical axis at $90,000. The total budgeted cost line is $330,000 at an activity level of...

Answered: 1 week ago

Question

★★★★★

A 150-mm-diameter tool steel ( = 60 W-s/mm3) work roll for a metal rolling operation is being ground using a 250-mm-diameter, 75-mm-wide Type 1 grinding wheel. The work roll rotates at 10 rpm....

Answered: 1 week ago

Question

★★★★★

1. Keep the focus on specific changes that will take place in the students knowledge and skills.

Answered: 1 week ago

Question

★★★★★

Refer to the data in Exercise 1125 for Starlight Glassware Company. Prepare journal entries to: In Exercise 1125, Starlight Glassware Company has the following standards and flexible-budget data....

Answered: 1 week ago

Question

★★★★★

At January 1, 2016, Hilly Mountain Flagpoles had Accounts Receivable of $31,000, and Allowance for Bad Debts had a credit balance of $3,000. During the year, Hilly Mountain Flagpoles recorded the...

Answered: 1 week ago

Question

★★★★★

10. __________ The maximum work opportunity tax credit (WOTC) for hiring veterans with a service-related disability (wounded warrior) is four times the amount of the maximum credit available to...

Answered: 1 week ago

Question

★★★★★

13. Which stress value(s) will be nonzero at location J? A. Ozz B. Oyy X C. Ozz D. y E. Ozz F. Oyz X y A M Cross Section at A-A Y Z A B 0/1 points

Answered: 1 week ago

Question

★★★★★

Question on setting up supplier records(Q=115.F.M.CS.S.Q1) After you have finished setting up the supplier records for Hi-Fi Way, Edgar asks you to perform the following steps in MYOB and then...

Answered: 1 week ago

Question

★★★★★

Which forms of speculation or postponement is each of the following? (Explain in full) 1) A computer hardware company is producing parts of the computer and ship. them to market but only assemble...

Answered: 1 week ago

Question

★★★★★

Identify and describe the most possible generic strategy (ies) followed by your corporation. Mention the evidence you find from the corporate site. Use the industry analysis (Five Forces of Porter...

Answered: 1 week ago

Question

★★★★★

10 You are working through negotiations with stakeholders of your project and want to find ways to more effectively influence. What are the four steps to effective influence according to Dr. Jay...

Answered: 1 week ago

Question

★★★★★

A project has the following cash flows. What is the project's payback period? Enter your answer using 2 decimal places, e.g., if you calculate 6.75, enter 6.75. Year Cash flow 0 -1,000 1 250 2 275 3...

Answered: 1 week ago

Question

★★★★★

For liquid water the isothermal compressibility is given by; where r and b are functions of temperature only. If 1 kg of water is compressed isothermally and reversibly from I to 500 bar at 60(C. how...

Answered: 1 week ago

Question

★★★★★

The following table is a partial probability distribution for the MRA Companys projected profits (x profit in $1000s) for the first year of operation (the negative value denotes a loss). a. What is...

Answered: 1 week ago

Question

★★★★★

The number of students taking the Scholastic Aptitude Test (SAT) has risen to an all-time high of more than 1.5 million (College Board, August 26, 2008). Students are allowed to repeat the test in...

Answered: 1 week ago

Question

★★★★★

The following table provides a probability distribution for the random variable y. a. Compute E( y). b. Compute Var( y) and .

Answered: 1 week ago

Previous Question Next Question