A ____ Is Chartered by a State-Often, but Not Always

question 22

Multiple Choice

A ____ is chartered by a state-often, but not always, the state in which it is located.

• A) corporation
• B) general partnership
• C) limited liability company
• D) sole proprietorship

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Definitions:

Capitalization

The total market value of all of a company's outstanding shares, calculated by multiplying the share price by the total number of shares.

Profit Rate

The ratio of profit generated to the amount of capital or funds invested over a certain period, often expressed as a percentage.

Capitalization

It refers to the sum of a company's outstanding shares multiplied by its current market price, often used to gauge a company’s size and market value.

Net Investment

Net Investment refers to the total amount spent on purchasing new capital assets minus the proceeds from the sale of old or obsolete assets.