Identify whether each of the following scenario is an advantage or a disadvantage of the corporate form of business. Justify your answer. 1. Green Company can have many owners in their business. Shareholders of White Company need to pay for corporate tax on dividend carning to tax authority. Yellow Company can buy and sell property based on board of director decision making. The shareholder of Black Company can buy and sell shares without affecting the company operation in daily business operation. Red Company must comply with Malaysian Companies Act 2016. President of Mawar Company can delegate the responsibility and authority for 2. 3. 4. 5. 6. company. A.
Identify whether each of the following scenario is an advantage or a disadvantage of the corporate form of business. Justify your answer. 1. Green Company can have many owners in their business. Shareholders of White Company need to pay for corporate tax on dividend carning to tax authority. Yellow Company can buy and sell property based on board of director decision making. The shareholder of Black Company can buy and sell shares without affecting the company operation in daily business operation. Red Company must comply with Malaysian Companies Act 2016. President of Mawar Company can delegate the responsibility and authority for 2. 3. 4. 5. 6. company. A.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Identify whether each of the following scenario is an advantage or a disadvantage of
the corporate form of business. Justify your answer.
1.
Green Company can have many owners in their business.
Shareholders of White Company need to pay for corporate tax on dividend
earning to tax authority.
Yellow Company can buy and sell property based on board of director decision
making.
The shareholder of Black Company can buy and sell shares without affecting
the company operation in daily business operation.
Red Company must comply with Malaysian Companies Act 2016.
President of Mawar Company can delegate the responsibility and authority for
2.
3.
4.
5.
6.
company.
A.
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