Answer:
$199,576,970,307.56
Explanation:
Given:
Price paid for the island = $24
Annual interest rate, r = 6%
Duration, n = 392 years
Now,
Future value is given as:
Future value = Present value × ( 1 + r )ⁿ
on substituting the respective values, we get
Future value = $24 × ( 1 + 0.06 )³⁹²
or
Future value = $24 × 8315707096.148
or
Future value = $199,576,970,307.56
Answer:
A corporation:
C. Is subject to federal income taxes on its earnings, whereas a partnership is not.
Explanation:
The other options fit a partnership more than a corporation. The chief advantages of a corporation over a partnership are the limited liability status of the shareholders of a corporation, which benefits all the shareholders and secondly, the corporation is a separate legal entity from the owners. This second advantage allows professional managers to lead the company. With respect to federal income taxes on the earnings, the corporation is taxed directly on its earnings and shareholders also pay taxes on their income from all sources (unless it is an S-corporation), while partners in a partnership enjoy pass-through taxation of their partnership earnings.
Answer:
________________________________
<em>alvin Tucker is in the process of launching an educational services firm. He plans to incorporate the firm. Because the firm will be incorporated, Calvin is legally required to have a </em><em><u>board of </u></em><em><u>directors</u></em>
________________________________
<em>The </em><em>role </em><em>of </em><em>Directors</em><em> </em><em>on </em><em>a </em><em>board </em>
<em>representative</em><em> </em><em>of</em><em> the</em><em> </em><em>company's</em><em> </em><em>share</em><em>h</em><em>older </em><em>to </em><em>overs</em><em>ee </em><em>the </em><em>management</em><em> </em><em>of </em><em>the </em><em>company</em><em>.</em>
<em>_</em><em>_</em><em>_</em><em>_</em><em>____</em><em>________</em><em>________</em><em>________</em>
Answer:international trade: trade between individuals
Explanation:
I got it right