A ________ is a separate legal entity that is established by filing articles of incorporation in a state, usually with the secretary of state's office

a. non–profit organization
b. corporation
c. sole proprietorship
d. partnership


b

Business

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The following information is provided by the Ferrara Corporation: Beginning retained earnings $ 50,000 Ending retained earnings 70,000 Dividends declared and paid 10,000 Revenue 50,000 Calculate Ferrara Corporation's expenses

a. $20,000 b. $30,000 c. $40,000 d. Cannot tell from the information provided.

Business

The simplest WAN is a satellite linkup between LANs in two different countries.

Answer the following statement true (T) or false (F)

Business

________ leaders make all decisions on their own and then announce them to employees.

A. Transformational B. Chaotic C. Persuasive D. Autocratic E. Democratic

Business

A major benefit to airport retailers is _____

a. limited competition b. freedom from local sales tax c. ease of stock replenishment d. a captive audience

Business