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The profit-sharing ratio for a company typically differs before and after incorporation. Pre-incorporation, profits are usually shared among the founders or partners based on their agreement, which may not be formalized. Post-incorporation, profit-sharing is determined by the ownership of shares, with profits distributed as dividends based on the number of shares held. This formal structure helps ensure clarity and adherence to legal requirements.

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1w ago

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What do mean by profit prior to incorporation?

Profit prior to incorporation is that profit which a company gets between the period of date of buying and date of incorporation


What is profit prior to incorporation?

"Profit prior to incorporation" is the profit earned or loss suffered during the period before incorporation. It is a capital profit and is not legally available for distribution as dividend because a company cannot earn a profit before it comes into existence. Profit earned after incorporation is revenue profit, which is available for dividend.


When a company hires people in another country to do work for them, it is called what O A. Monopolization O B. Outsourcing O C. Incorporation O D. Profit sharing SUB?

When a company hires people in another country to do work for them, it is called outsourcing.


Is a incorporation for battered women consider non-profit?

Whether a company is "non-profit" or otherwise basically depends on whether it is registered in a way that allows the owners to get profit from it, or not.


Define shares of company profits beyond salary or wages?

Answer is profit-sharing.


What are the pros and cons of implementing profit sharing in a company?

Implementing profit sharing in a company can motivate employees to work harder and increase productivity. It can also create a sense of ownership and teamwork among employees. However, profit sharing can also lead to conflicts among employees over how profits are distributed and may not always align with individual performance. Additionally, if the company experiences financial difficulties, profit sharing may not be sustainable and could lead to disappointment among employees.


How does profit sharing work?

formula of profit sharing bonus


Should workers participate in profit sharing?

Yes they actually do participate already in profit sharing when they get employed. They do this automatically as part of their wages though they are only a small section of the whole organization or company.


Can an employee lose money from their profit sharing if company is struggling?

Please say that in English. (It does, yes)


Who made profit sharing?

Nobody really made profit sharing. Profit sharing is an idea that blossomed because it was the most efficient way of moving forward.


What has the author J J Jehring written?

J. J. Jehring has written: 'Profit sharing' -- subject(s): Bibliography, Profit-sharing 'Succeeding with profit sharing' -- subject(s): Profit-sharing 'Pre-severance benefits in deferred profit sharing' -- subject(s): Profit-sharing 'A comprehensive bibliography on total group productivity motivation in business covering such subjects as profit sharing, productivity sharing, employee stock ownership and employer-employee cooperation' -- subject(s): Bibliography, Incentives in industry


If you owe your former boss money can he take it out of your profit sharing?

If you owe it to him personally, then no. If you owe it actually to the company, then yes.

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