hich of this statement shows the advantage to form a corporation? Select one: a. Owner

Q: By definition, which of the following represents the owners of a corporation? Your answer: O…

A: The balance sheet represents the financial position of the business with assets and liabilities on a…

Q: Which of the following is a false statement concerning corporations? Select one: a. The corporation…

A: Option A is the correct answer.

Q: Match (by letter) the following terms with their definitions. Each letter is used only once.Terms…

A: Stockholders’ equity: The claims of owners on a company’s resources, after the liabilities are paid…

Q: Identifying advantages and disadvantages of a corporation Following is a list of advantages and…

A:

Q: Write T if the statement is correct and F if the statement is incorrect. On the space provided,…

A: A person who owns shares of the company is known as the shareholder.

Q: rite T if the statement is correct and F if the statement is incorrect. On the space provided,…

A: solution concept incorporator in a corporation Incorporator means the shareholders who incorporate…

Q: Which of the following is not an advantage of the corporate form of business organization? a)…

A: Introduction:- Corporation is a Legal entity. Shareholders are the owners of the organisation.

Q: ming an LLC similar to forming a corporation? ) a) As with corporations, there are no documents to…

A: LLC refers to the form of a business structure type which helps the owner to safeguard their…

Q: Assume the following S corporations, gross receipts, passive investment income, and corporate E&P.…

A: C. Year gross receipts  passive investment income  passive % corporate E & P   1 1001818…

Q: The date of record is the date: Group of answer choices A)On which the board of directors of a…

A: The date of record is the date on which the company checks its records to identify shareholders of…

Q: Characteristics of a corporation include a.shareholders who are mutual agents b.direct management by…

A: Shareholders are considered as the owner of the corporation but their liability are limited to the…

Q: Which of the following statements is false concerning forms of businessorganization? a. A…

A: There are four forms of business organization: Sole proprietorship Partnership firm Joint-stock…

Q: Identify which of the following statements are true for the corporate form of organization. (You may…

A: A corporation is a legal entity that is different from its owners and exists independently from…

Q: Distinguish between corporations and sole proprietorshipsin terms of the following…

A: Sole proprietorships is the simplest form of business in which one particular operates the business…

Q: an incorporator in a corporation. 2. A corporation can be an incorporator in another corporation. 3.…

A: A corporation refers to a separate legal identity of a company from its owners.               Note:…

Q: In a close corporation, the controlling shareholders are usually the only people who manage and…

A: A close corporation  is a corporation which does not exceed a statutory defined number of members…

Q: Setting up a business as a corporation has the following benefits   a)  Separation of ownership…

A: Setting up corporation has the following benefits: 1.  Separation of ownership and management:…

Q: When properly completed using the provisions of ITA 86, a corporate reorganization wil Choose the…

A: Reorganization is referred to as an action under which the assets, liabilities or the equity of the…

Q: 4. Which of the following is not an advantage of the corporate form of business organization? A.…

A: Lets understand the basics. Corporate form of organizations are different as compare to sole trade…

Q: Which of the following is a disadvantage of the corporate form of organization? difficulty in…

A: The corporate form of organization might pay corporate income taxes on their earnings which is…

Q: True or false, why. 1. Shareholders can transact business on behalf of the corporation.

A: Shareholders Shareholders is treated as the business owners of the entity which has the power of…

Q: Which of the following is not a characteristic of a corporation? a.Corporations experience an ease…

A: corporation : it is a legal entity it is considered as separate person  it has rights and…

Q: Which of the following is not primary reason why corporation invest in debt . Select one: a. they…

A: There are several reasons why corporate invest in debts or equity. They mainly includes: They have…

Q: Why do you think a single WACC is not applicable to all businesses in a corporation?

A: The W.A.C.C. or weighted average cost of capital determines the required rate of return of common…

Q: Which of the following is not a right of an ordinary shareholder? Select one: O a. None of the…

A: Shareholders are the owners of the company. They have right to receive the dividend, Share in assets…

Q: .Which of the following is NOT one of the basic shareholder's rights? Which of the following is NOT…

A: Shareholder means a person who holds the shares. When we divide company capital into small parts are…

Q: Identify which category of shareholder's equity is affected by each item and briefly explain how it

A: Shareholders equity is one of the important element of balance sheet of the business. It shows total…

Q: Which of the following is the primary element that distinguishes accounting for corporations from…

A: A partnership firm is a constitution wherein two or more individuals come together and join hands to…

Q: Andrea has prepared the following list of statements about corporations.Identify each statement as…

A: Hi, thanks for the question. Question has multiple sub parts, first three sub parts will be answered…

Q: 1. Which of the following does not affect retained earnings?   Choices;  Actual payment/distribution…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: If the corporation intends to shorten its life, what is the remedy of the corporators?   Amend the…

A: Corporation means a large company or groups of companies authorized to act as a single entity. Every…

Q: Which of the following statements is true concerning all types of tax-free corporate…

A: Tax-Free Reorganisation:-There are many reasons when corporate undergo restructuring, sometimes it…

Q: Organization expenses include all of the following except a. legal fees  b. fees paid to obtain a…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Andrea has prepared the folloving list of statements about corporations. Identify whether each…

A: A corporation is a form of business organization that is an association of individuals who come…

Q: What is an important reason business owners choose the election for s corporation status.

A: S corporation is kind of like C Corporation, which provides opportunities for investment, perpetual…

Q: A C-corporation has the following advantages EXCEPT limited liability avoiding double taxation…

A: C corporations provide the following considerable advantages: Separate legal identity. Limited…

Q: Under the corporate form of business organization, Group of answer choices a)ownership rights are…

A: Owners of a corporate (company) are the stockholders. Shockholders hold shares of the corporate…

Q: Under the Corporate form of business: the corporation is subject to double taxation a shareholder…

A: Corporate form of business: A mode of doing business that recognizes the company in question as…

Q: When a business is organized as a corporation, which of thefollowing statements is true?a.…

A: When the business is organised as a corporation, then persons who acquire shares in the corporation…

Q: Are the stockholders of a corporation are considered as residual claimant of the business…

A: A shareholder, often called a stockholder, is a person, organization, or institution that owns at…

Q: 1. It refers to the capital of a corporation that cannot be withdrawn until final liquidation.  2.…

A: 1. It refers to the capital of a corporation that cannot be withdrawn until final liquidation.…

Q: Which statement is incorrect? *     Book value per share is the claim of a shareholder in the net…

A: Ordinary shareholders have right in the net assets of the respected company. Preference shareholders…

Q: In which of the following business organization the owners could only lose the money they invested…

A: