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Would the electric company most likely be a profit or nonprofit corporation?
Wiki User
∙ 14y ago
An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.
Wiki User
∙ 14y ago
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What is the significance of an insurance company demutualizing?
This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.
A corporation is least likely to have which advantage?
establishment of price ceilings
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
What is the definition of corporation?
A corporation, in terms of management accounting, is "A living person". This is to say that no matter how long the company is in business, who the executive management may be or what products/services are available from the company - it has an indefinate life-span, and for tax reasons, is self-supporting. A corporation (Being "Incorporated") also means that the entity can engage stakeholders in the form of stock. A "Listed Public Company" is a corporation that sells stock on the NY Stock Exchange (Or any number of other national or international stock exchanges) - and as a result, can fund it's own development with money gained by public investment. In return for their investment, stockholders expect dividends to be paid-out for the money they have invested. If you buy one share of stock for $100.00 and the company pays you $5.00 in dividend for that share - you have made a 5% capital gain on your investment. You can sell your $100.00 share at any time, but you most likely want to see the company grow, and your $100.00 share of stock increase in value to $120 or $150 dollars... as long as you hold your stock in the company, it can invest your money and hopefully grow. As it grows, your investment should grow and show profit. This is not a guarantee however. In some cases, your $100.00 share of stock may lose value, and you may end up with only $50.00 of your investment. If the stock has not paid enough dividends to cover the balance loss, you lose money. Corporations are also required to have a management board. This is usually a CEO, CFO, Chairman and President. There are other director and executive-level members of the board, and usually major stock-holders (part-owners) of the company serve on the board. The executive board makes major strategic decisions about the direction of the company, and then turns to managers within the organization to carry-out those directives. In contrast, a single person who runs their own business, is known as a sole-proprietor. As such, the person could not sell stock, but they could obtain money from private-party investors. The only real issue (amd major difference) between a corporation and a sole-proprietor is that a corporation protects the management from legal and financial ramifications. If you sue a corporation, you can only go after the corporation's assets. You cannot go after the personal assets of any employee of a corporation. (In rare cases this may not apply, but it is mostly the case). A sole-propriter, on the other hand, is personally accountable for all the actions on behalf of his company. If you run your own business, and someone files a lawsuit against your company, you may lose your house, savings and any other personal property that cannot be covered by your company assets. This is one of the major reasons why people form corporations, limited liability partnerships or S-Corps...
A decrease in a firm's willingness to pay dividends is likely to result from an increase in its what?
A decrease in a firm's willingness to pay dividends is likely to result from an increase in its profitable investment opportunities. A dividend is a payment made by a corporation to its stockholders. It is a usually a distribution of profit.
Would the electric company b most likely be a profit or nonprofit corporation?
A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.
Where are the headquarters of EMC Corporation located?
The headquarters of EMC Corporation are located in Hopkington, Massachussetts. They have been ther since the company was founded and are not likely to be moved.
If your company declares bankruptcy does this discharge your guaranty?
If the company is a corporation and you personally guaranteed the debt, the corporation's discharge of its debts does not discharge your obligation. If the company is you as a "DBA" then more than likely the discharge of the DBA (doing business as) discharges your personal guarantee.
What should you do if you cannot review your electric bill online?
If you are not able to view your electric bill online, but are supposed to have access to it normally, then most likely the electric company is having issues with their site. In this case, contact the electric company for a statement.
What does pllc mean after dds?
Most likely it means "Professional Limited Liability Company (or Corporation). It tells consumers that the business entity is not a sole proprietorship but rather a type of corporation where the dentist has limited liability for damages.
What animals are getting tested for the Mars company?
Evidence says the Mars Corporation tests its products on rats and mice. The company, in its defense, claims it only tests things that are likely to not hurt the animals.
Reconnect electric meter yourself?
Even if you know how to reconnect it safely, you can probably be charged with theft if you reconnect it without authorization. Whatever the reason it was disconnected, the electric company may want to inspect or test the connected wiring to be sure it is suitable condition to be reconnected. You will not likely be authorized to connect it yourself. Likely only electric company personnel or a licensed electrician would be authorized.
What is the significance of an insurance company demutualizing?
This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.
Do nonprofit jobs often involve many hours for volunteers?
Nonprofit jobs are almost the same as volunteer jobs. They offer many hours for volunteers. You would most likely need to be a member though for a while.
Is the battery covered in car warranties?
In a nonelectric car no, if it is a electric/electric hybrid car then yes. In a very rare case where the company is in contract with a battery company your replacement might be through the car company yet still would not be considered part of your warranty. The battery its self if new would most likely carry its own replacement warranty.
A corporation is least likely to have which advantage?
establishment of price ceilings
When Dindigul will change to city corporation?
not likely to happen in next decade
