Corporation A corporation is a form of business entity that is incorporated through the state charter and having a legal identity separate from its owners or the shareholders. Corporation forms of business entities dominate the business activities of Country U. The big businesses in the country are carried through corporations including the multinational business. There are various advantages and disadvantages of corporation form of business as compared to other form of business. a, b, c, d, e, f, and g. To Identify: The advantages and disadvantages of corporate form of business from the given statements.
Corporation A corporation is a form of business entity that is incorporated through the state charter and having a legal identity separate from its owners or the shareholders. Corporation forms of business entities dominate the business activities of Country U. The big businesses in the country are carried through corporations including the multinational business. There are various advantages and disadvantages of corporation form of business as compared to other form of business. a, b, c, d, e, f, and g. To Identify: The advantages and disadvantages of corporate form of business from the given statements.
Solution Summary: The author explains the advantages and disadvantages of corporate form of business.
A corporation is a form of business entity that is incorporated through the state charter and having a legal identity separate from its owners or the shareholders. Corporation forms of business entities dominate the business activities of Country U. The big businesses in the country are carried through corporations including the multinational business.
There are various advantages and disadvantages of corporation form of business as compared to other form of business.
a, b, c, d, e, f, and g.
To Identify: The advantages and disadvantages of corporate form of business from the given statements.
At the high level of activity in November, 10,300 machine hours were run and power costs were $20,600. In April, a month of low activity, 3,800 machine hours were run and power costs amounted to $8,000. Using the high-low method, the estimated fixed cost element of power costs is __.
Zep Co. manufactures home appliances. During the most productive month of the year, 3,800 refrigerators were manufactured at a total cost of $342,000. In its slowest month, the company made 1,200 refrigerators at a cost of $174,000. Using the high-low method of cost estimation, determine the total fixed costs.
Chapter 13 Solutions
Horngren's Financial & Managerial Accounting, The Managerial Chapters, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (5th Edition)