What is a closely held corporation, and why do some companies choose this form of ownership?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
Closely held corporations also known as private or clo...View the full answer
Answered By
Saleem Abbas
Have worked in academic writing for an a years as my part-time job.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
What is a rolling budget? Why do some companies choose to use rolling budgets?
-
What are conversion costs? Why do some companies using process costing systems use conversion costs?
-
Why do some companies expense asset expenditures that are less than an established monetary amount?
-
Describe how organizations should apply the general principles of the Uniform Guidelines on Employee Selection Procedures to practical selection decisions.
-
The Hate Crime Statistics Act of 1990 requires the Attorney General to collect national data about crimes that manifest evidence of prejudice based on race, religion, sexual orientation, or...
-
The following are the ending balances of accounts at December 31, 2021, for the Valley Pump Corporation. Additional Information:1. The $120,000 balance in the land account consists of $100,000 for...
-
The ratio of brake power to rate of energy input in fuel is called (a) mechanical efficiency (b) thermal efficiency (c) relative efficiency (d) volumetric efficiency
-
Assume the same facts for Full Service Station as in E10A, except that the company requires a 20 percent minimum rate of return. Using the net present value method, prepare an analysis to determine...
-
Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. Budgeted Activity Process Activity Assembly...
-
Consider the two languages L1=(a*+b)* and L2=(a*b*)* over the input alphabet {a, b}. Which of the following option describes the relation between the languages L1 and L2? a) LcL b) L2 cL c) L = L, d)...
-
What is the difference between a general and a limited partnership?
-
What is the role of a companys board of directors?
-
Which of the following steps of the accounting cycle is not completed at the end of the period? a. Journalize transactions as they occur. b. Journalize and post the closing entries. c. Prepare the...
-
EVALUATING INVESTMENT PROJECTS- CORPORATE FINANCE You are considering starting a new business with your friend. You have developed a "mood remote control" that will automatically switch TV channels...
-
Silviana intends to remodel her kitchen. Her contractor budgeted $10,500 to perform the work. She can save $650 per month in her savings account, which pays 1.5% interest annually. How long until she...
-
The Grand Hotel uses activity-based costing to determine the cost of servicing customers. There are three ac room cleaning, and meal service. The activity rates associated with each activity pool are...
-
FX Market Free response 1. The foreign exchange market for Swiss francs (CHF) is shown below; the U.S. dollar is the pricing currency and the current exchange rate is $1.05/CHF. e$/CHF $1.05/CHF = e...
-
SIM Take Five from Question 10 wants to use simulation to assess the uncertainty around the revenue forecast for their new iPhone app and provides the following assumptions: a. Development can occur...
-
A 75.0-kg person climbs stairs, gaining 2.50 meters in height. Find the work done to accomplish this task.
-
Economic feasibility is an important guideline in designing cost accounting systems. Do you agree? Explain.
-
A large freshwater fish has a swim bladder with a volume of \(5.0 \times 10^{-4} \mathrm{~m}^{3}\). The fish descends from a depth where the absolute pressure is \(3.0 \mathrm{~atm}\) to deeper water...
-
Identify a position in an interesting career field that you could potentially be qualified for upon graduation. Using at least three different sources, including the description in an online job...
-
How should you approach your LinkedIn headline if you dont have any work experience in your target profession?
-
What is the function of the headline in a LinkedIn profile?
-
Given data below answer the question. Cash Accounts receivable $ 10,200 Cash dividends 15,200 Consulting revenue Office supplies 3,550 Rent expense $ 2,340 15,200 3,910 Office equipment 18,310 Land...
-
Last year, a city had three school districts: North with a population of 5200 children, South with a population of 10600 children, West, with a population of 15100 children. Use Hamilton, Adams,...
-
Prepare the journal entry to record pension expense and the employer ? s contribution to the pension plan in 2 0 2 0 . ( Credit account titles are automatically indented when amount is entered. Do...
Study smarter with the SolutionInn App