Ask Question
BusinessBusiness
5 February, 00:25

Which best describes a joint-stock company?

A. a company that sells stock in both gold and silver mines

B. a company owned by investors who share the profits

C. a company that sells stock to the public in a stock exchange

D. a company owned by several federal governments

+1
Answers (1)
  1. 5 February, 03:41
    0
    B) A company owned by investors who share the profits describes a joint-stock company.

    Explanation:

    A Joint-stock company is a kind of firm that is owned by its shareholders. Shareholders are the people who have invested in the firm. Joint-stock companies gather capital through investment from the shareholders and then use this capital for research and development purposes. The profit that the company gains are also shared with the investors by increasing their share value in the company's stock.

    Hence, we can say that a joint-stock company is owned by investors who share profits of the company and alternative B is correct about joint-stock companies.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which best describes a joint-stock company? A. a company that sells stock in both gold and silver mines B. a company owned by investors who ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A client with a peptic ulcer is diagnosed with Helicobacter pylori infection. The nurse is teaching the client about the medications prescribed, including metronidazole, omeprazole, and clarithromycin.
Answers (1)
Tutor uses the balance sheet approach in estimating uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $8,600.
Answers (1)
What is the significance of the scientific method? It allows you to determine fact from opinion. Consistency and organization can always be expected. It gives you a standard process for conducting research. all of the above
Answers (2)
People in the U. S. state of Iowa eat both corn and potatoes. It is technically possible for farmers to grow both corn and potatoes in Iowa, yet almost no farmers grow potatoes. Instead, every year, Iowa exports corn and imports potatoes from the U.
Answers (1)
The following items were taken from the accounting records of a company. Accounts Payable 57,000 Long-term investments 35,000 Accounts Receivable 32,000 Trademarks 6,000 Building 255,000 Accrued Expenses 9,000 Cash 15,000 Short-term Notes Payable
Answers (1)
New Questions in Business
Arrange the steps for conflict resolution in proper sequence. Every individual involved in the conflict is encouraged to offer a solution. Individuals involved in the conflict is encouraged to come together.
Answers (1)
The hotel chain Ritz-Carlton uses the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate the company's cultural commitment to take care of both employees and customers.
Answers (1)
Shauntae is 75 years old. he purchased a single life annuity contract that will pay him $3,000 per month for 10 years. the expected return under the contract is:
Answers (1)
Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers are in millions) : 2021 2020 Accounts receivable (net) $ 26 $ 19 Net sales $ 133 $ 118 Cost of goods sold $ 78 $ 73 Net
Answers (2)
McHale Company does business in two customer segments, Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice information: 20Y5 20Y4 Retail $126,000 $120,000 Wholesale 150,000 164,000 Total
Answers (1)
Home » Business » Which best describes a joint-stock company? A. a company that sells stock in both gold and silver mines B. a company owned by investors who share the profits C. a company that sells stock to the public in a stock exchange D.
Sign Up Forgot Password?