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Q: Need a number: Total Annual Revenues for U.S. "C" corporations ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Need a number: Total Annual Revenues for U.S. "C" corporations
Category: Business and Money > Economics
Asked by: margi-ga
List Price: $8.00
Posted: 01 Dec 2003 06:35 PST
Expires: 31 Dec 2003 06:35 PST
Question ID: 282172
I need the total annual revenues for C corporations in the U.S.  The
figure from one year, 2000 or later is fine. Please include source
information.
Answer  
Subject: Re: Need a number: Total Annual Revenues for U.S. "C" corporations
Answered By: bobbie7-ga on 01 Dec 2003 07:03 PST
Rated:5 out of 5 stars
 
Hi Margi!


According to BizStats (www.bizstats.com ),  the total annual revenues
for C corporations in the U.S. for the year 2000 was $17,636,561,349.


?The number of active U.S. corporations is nearing 5 million, and they
account for over $ 17 trillion in annual revenue - a figure that has
been growing at a rate of about 2% annually.?

Source: BizStats.com    
http://www.bizstats.com/businesses.htm


Here is a breakdown of revenues by type of corporation.

----------------------------------------------------------
Type of Entity	            Total Number   Total Revenue
                              2000         (in thousands)
----------------------------------------------------------
Sole Proprietorships          17,904,731    $1,020,957,284
Corporations                   5,045,274    17,636,561,349
Partnerships                   1,338,796     1,829,568,091
Limited Liability Companies      718,704       344,751,557
Totals                        25,007,505   $20,831,838,281
----------------------------------------------------------
Source: BizStats.com    
http://www.bizstats.com/businesses.htm



Additional information that may interest you:

===========
Definitions
===========

C Corporation: 
?Any legally incorporated business, except subchapter S, under state
laws.?

Subchapter S corporation: 
?A legally incorporated business under state laws. A subchapter S
corporation is a special IRS designation for legally incorporated
businesses with 75 or fewer shareholders who, because of tax
advantages, elect to be taxed as individual shareholders rather than
as corporations.?

Individual proprietorship:
?An unincorporated business owned by an individual. Also included in
this category are self-employed persons. The business may be the only
occupation of an individual or the secondary activity of an individual
who works full time for someone else.?

Partnership:
?An unincorporated business owned by two or more persons.?

U.S. Census Bureau
http://www.census.gov/csd/mwb/Appendix.htm


Search Strategy:
U.S. Census Bureau
C-Corporations revenue OR revenues
Legally incorporated firms +revenue
BizStats


I hope you this information helps you in your research.  If anything 
is unclear with my answer, please ask for clarification.



Best regards,
Bobbie7

Clarification of Answer by bobbie7-ga on 01 Dec 2003 07:56 PST
Hello again Margi,
 
In my answer I wrote "According to BizStats (www.bizstats.com ),  the
total annual revenuesfor C corporations in the U.S. for the year 2000
was $17,636,561,349"

I failed to mention that this figure is expressed in thousands, so the
number would really be $17,636,561,349,000.
margi-ga rated this answer:5 out of 5 stars and gave an additional tip of: $3.00
Thank you! Fast and exactly what I needed. Here's a tip too. I'll be
back for more answers.

Comments  
Subject: Re: Need a number: Total Annual Revenues for U.S. "C" corporations
From: bobbie7-ga on 01 Dec 2003 17:00 PST
 
Thank you for the five stars and tip! 
--Bobbie7

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