A corporation may be created merely by agreement of private individuals true or false

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Answer 1

Answer: The answer to this true and false question that is being presented is false. A corporation may be created merely by agreement of private individuals. It should be mandated by the law. A corporation can only be formed when the law permits it.

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True or False: Purchasing savings can have a huge impact on the firm's profit leverage.

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Answer:

true

Explanation:

bro is true i dont trurtr

What does the size of the dividend per share of stock depend on?

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The size of the dividend per share of stock depend on : The corporation's profit

Dividend per share is calculated by : Total dividend / Total shares outstanding,

Which mean that dividend per share will increase if the total dividend increases.

Meanwhile total dividend will increased if the company gains more profit

the corporations profit ---- gradpoint

The allowance for doubtful accounts is adjustedA.) at the end of each accounting period
B.) each time a customers debt is satisfied
C.) within one year of granting credit to a customer
D.) each time a customer is granted credit

Answers

The correct answer is A

alcatuiti un eseu in care sa prezentati argumente in functie de care piata asigurarilor ar putea fi considerata o piata cu concurenta perfecta

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Nu e chiar posibil sau corect să se aștepte un eseu complet de pe acest site. Uită-te în jur, și veți vedea că aproape totul este răspunsuri scurte.

On January 1, Bennett Corporation had retained earnings of $650,000. During the year, Bennett Corporation had the following selected transactions: declared cash dividends of $100,000; placed a restriction on retained earnings for a plant expansion of $50,000; earned net income of $400,000; and declared stock dividends of $50,000. The ending balance for retained earnings is:

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Answer:

The ending balance for Retained Earnings is $850,000.

Explanation:

Statement of Retained Earnings

Retained Earnings balance at Start 650,000

Add: Net Income 400,000

Total Retained Earnings 1,050,000

Less: Declared Cash Dividends (100,000)

Restriction for plant expansion (50,000)

Declared Stock Dividend (50,000)

Retained Earnings at end 850,000

Answer:

retained earnings = $900,000

Explanation:

retained earning account:

beginning balance $650,000
+ net income $400,000
- cash dividends ($100,000)
- stock dividends ($50,000)
ending balance $900,000

The corporation also set a restriction on retained earnings ($50,000), but it hasn't used the money yet for the plant expansion. Only after the money is spent will retain earnings decrease by that amount.

Gupta Industries received a $350,000 prepayment from Packard Associates for the sale of new equipment. Gupta will bill Packard an additional $105,000 upon delivery of the equipment. Upon receipt of the $350,000 prepayment, how much should Gupta recognize for a contract asset, a contract liability, and accounts receivable

Answers

Answer:

$0 ; $350,000 ; $105,000

Explanation:

Given that

Received prepayment = $350,000

Additional billed amount = $105,000

So by considering the above information, the contract asset and the account receivable are zero while the contract liability is $350,000 because it is advanced from the customer so it would be treated as a current liability. Therefore, the amount of contract asset and the account receivable is zero

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The cost of creating an email campaign for a product or a service is typically more expensive and takes longer to conduct than a direct-mail campaign. true or false