Matching Question 229 Match the items below by entering the appropriate label
Measures of the ability of the company to survive over a long period of time.
Current assets divided by current liabilities.
Information that has a bearing on a decision.
Economic events can be identified with a particular unit of accountability.
An item important enough to influence the decision of an investor or creditor.
Same accounting principles and methods used from year to year within a company.
Cash from operating activities less capital expenditures and cash dividends.
Noncurrent assets that do not have physical substance.
(Net income - preferred stock dividends) divided by average common shares outstanding.
Different companies using the same accounting principles.
Measures of the short-term ability of the enterprise to pay its maturing obligations.
The excess of current assets over current liabilities.

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Why has the free enterprise system been modified to include some government intervention?

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?