taxable entity. c.Ownership is divided into shares of stock. d.A corporation's resources are limited to its individual ow

Q: Which of the following is not a power held by a corporation's shareholders?   removal of corporate…

A: The organizations to meet their financial requirements, sell their stocks in the market. The…

Q: 46. Which of the following is not one of the advantages of organizing a business as a corporatiot a.…

A: Corporation: Corporation is an entity incorporated under the authorized corporate laws of a country…

Q: Characteristics of a corporation include

A: Shareholders are the owner of the shares issued by the company. They have the power to vote and…

Q: An S Corporation may be a shareholder in a C Corporation. A C Corporation may be a shareholder in an…

A: S Corporation is pass-through taxation entities and C Corporation is a separate taxable entity. S…

Q: Which of the following characteristics of a corporation limits a stockholders losses to the amount…

A: The stockholders will share loss of corporation.

Q: Which of the following are included in the total legal capital of a corporation assuming the…

A: Legal capital is the amount of capital that is reserved and not allowed to leave the business. It…

Q: True or false    Corporations are legal entities separate from their owners and offer the…

A: 1. Corporation's main advantage is that the entity is separate from the owners. Hence the liability…

Q: How does the audit of owners’ equity for a closely held corporationdiffer from that for a publicly…

A: Audit of owners equity for a closely held corporation is different from that of publicly held…

Q: Owners of a corporation are called members. O True O False

A: The answer is false  Refer step 2 for explanation

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

A: Explanation : In simple words, when a business entity is considered as a corporation, the general…

Q: Which of the following is not considered to be an advantage of a corporation?a. Limited liability of…

A: Corporation:   Business concerns which have a separate legal entity; and are owned by shareholders,…

Q: Which of the following rights allows a shareholder of a corporation to maintain his or her…

A: 1. Preemptive right : it allows shareholder to maintain their proportionate interest in corporation…

Q: what are the advantages of an LLC versus operating as a C Corporation, and  S Corporation

A: A limited liability Company (LLC) is a business structure for private companies in the US. It…

Q: Differentiate: a) stock from non-stock corporation b) private from public corporation c) de jure…

A:

Q: Which of the following are included in the total legal capital of a corporation assuming the…

A: Solution: Legal capital means only par/stated value of common stock or preferred stock issued.

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: One of the following characteristics of a corporation is deemed a disadvantage. Which is it? a.…

A: Corporation is a finance by the shareholders and handled by the management and employees. We can…

Q: What advantages does a corporation have over a sole proprietorship? Whatare the disadvantages of a…

A: There exist different forms of business structures from which we can choose while incorporating a…

Q: The following are characteristics of a corporation except   Choices; It is an artificial being It…

A: Following are some key features of a corporation: Separate legal entity  Perpetual succession  An…

Q: Which one of the following is not an ownership right of a stockholder in a corporation? * O To vote…

A: Introduction: Stockholder: One who holds stocks of the corporation called as stockholder of the…

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

A: Corporation- A corporation is a separate legal entity that is separate and distinct from its owners.…

Q: Which descriptor relates to the imcome approach for valuing corporations?

A: Income capitalization approach or income approach is defined as the type of the appraisal method or…

Q: Which characteristic of a corporation limits a stockholder's loss to the amount of his or her…

A: One of the type of legal structure of business operation that declares the business as a separate,…

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: . It is the governing body in a non-stock Corporation. *   A. Corporators B. Board of Directors…

A: Solution concept company with stock                 Company with stock means the company having the…

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: Which of the following is not true of a corporation? Oa. It may enter into binding legal contracts…

A: Corporation has separate legal entity. This means the corporation is separate from its owners. Thus,…

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

A: A share is the division in the capital of the company. A shareholder is entitled to receive division…

Q: If the corporation when formed sets a par value for its shares low and issue common stock for a…

A: Common stock: These are the shares that are issued by the company against the money which is…

Q: In a corporate setting, the “shares of stock” represent --- Ownership of the corporation over its…

A: Corporation is a legal form of entity in which shareholders purchase shares and control the…

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: How do you differ a public corporation from a private corporation? give examples-names, purpose or…

A: Corporation- A corporation is a legal entity with the identity of a legal person that was formed by…

Q: Which of the following does not make it easier for corporation to raise capital? a) limited…

A: OPtion explanation a) Shareholders of corporation have limited liability b) Corporation…

Q: Which of the following is an advantage of ownership of a corporation over that of a sole…

A: The corporation pays tax on the amount distributed as dividend and therefore it is tax exempt in the…

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: Which of the following does not make it easier for corporation to raise capital? a) limited…

A: Corporation has a separate legal entity and they can raise funds from the public as per the…

Q: Which characteristic of a corporation is a disadvantage? a. Mutual agency b. Double taxation c.…

A:

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

A: When the owner and business both are treated as different persons known as separate legal entity.

Q: Why does a One Person Corporation shall not be required to have a minimum authorized capital stock?

A: Step 1 A one-person corporation shall not be required to have minimum authorized capital stock,…

Q: It is often said that the primary obejctive of a corporation is to maximize stockholder wealth. do…

A: According to the shareholder's target, the administration should aim to optimize the current value…

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 of the following statements is CORRECT?    One drawback of forming a corporation is that it…

A: The corporation is a category of business that is formed by the law of the country and is considered…

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…