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2 years ago

The number of shares that a corporation's incorporation document allows it to sell is referred to as

1 answer:

6 0

The number of shares that a corporation's incorporation document allows it to sell is referred to as authorized shares.

<h3>What is a Corporation?</h3>

This refers to a business entity that has a group of members who acts together for a set goal.

Hence, we can see that when it comes to the selling of stocks by the corporation, there is a limit of shares to sell and this is known as authorized shares.

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a debit or credit card?

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3 years ago

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Jim has a full-time job and occasionally designs Web sites for individuals and businesses. At the end of the year, Jim files his

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A) Yes, because the government requires individuals to report income earned from an employer and other sources.

His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.

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3 years ago

You need some money today and the only friend you have that has any is your ‘miserly' friend. He agrees to loan you the money yo

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Answer:

B. The total interest = $4.35

Explanation:

The first question to answer, is what is the present value of the annuity of the loan and then based on that the total interest can be calculated.

<h2>Present value of annuity= A x [(1-(1+r)-n)/r]*(1+r) </h2>

Where the A represents Annuity = or $20

The r represents the rate or 1.5%

and the n represents the number of periods which is 6 months

Calculating the value =

= 20 x [(1-1.015^-6)/0.015]*1.015

= 20 x [(1-0.91454219251)/0.015]*1.015

= 20*5.782644973

=$115.65

Now that the loan amount is known, the Total Interest can be calculated as follows

Total Interest= number of payments x monthly payments) - the loan amount (calculated above)

= 20 x 6 -115.65

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The total interest = $4.35

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3 years ago

Budgeting - The Production Budget (2pts): Spanasonic Co. manufactures batteries for electric vehicles. Management reports ending

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Production budgets are used by manufacturers to determine the quantity of product units that will be produced. Based on the predicted sales, the production budget is chosen.

Regarding projected inventory levels, it is modified in accordance with the company's inventory policy. A manufacturer creates cost budgets for the direct materials, direct labour, and overhead expenses needed for manufacturing based on the production budget.

The company's inventory policy should be kept in mind while creating a production budget. The production budget is built on the sales budget, with changes made for starting and ending inventories.

The company's inventory management strategy affects the production budget as well. Depending on the company's strategic outlook, inventories may be increased or decreased.

For the given question, the production budget is prepared and attached in the form of an image.

Learn more about Production Budget here: brainly.com/question/13061264

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1 year ago

Shane is a newly hired inventory manager at a manufacturing firm. What can he do to avoid shortages or excess quantity of invent

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Answer:

take inventory on how much product he has and how much he needs

Explanation:

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3 years ago