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1 year ago

Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. true or false

1 answer:

5 0

Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. This statement is true.

<h3>What is Partnership?</h3>

In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
Organizations may work together to expand their reach and increase the likelihood that each will succeed in reaching their goals.
A partnership may solely be controlled by a contract, or it may issue and hold stock. Business: Two or more businesses collaborate in a joint venture, a buyer-supplier arrangement, a strategic alliance, or a consortium to: I work on a project (such as an industrial or research project) that would be too difficult or risky for a single entity; and (ii) join forces to have a stronger position on the market.

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Al simmons, the curator and larry marder, the president of the mcfarlane companies describe todd mcfarlane as being both artisti

slava [35]

A SWOT analysis will identify Mcfarlane as a STRENGTH.
SWOT analysis refers to a study that is usually undertaken by companies in order to identify its internal strengths and weaknesses as well as its external opportunities and threats. In the question given above, Mcfarlane is a strength to his company because his efforts are beneficial to the company.

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2 years ago

The business judgment rule is important because it reflects the principle that ________, not _________, have the greatest latitu

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Answer: d. company directors; shareholders

Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.

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2 years ago

A rock group assigns its payment under a performance contract to the Costume Shop, a business that has supplied the group with o

blondinia [14]

Answer:

Rock Group and Costume Shop

Under this arrangement the rock group is the

d. assignor.

Explanation:

The rock group, as the assignor, is the entity that transfers its property rights or its powers to payment to Costume Shop. The Costume Shop is the assignee because it is the entity to which property rights or powers to payment of the rock group are transferred. Under the performance contract, the rock group can also be described as the delegator while the Costume Shop is the delegatee. However, under payment terms, the rock is the assignor while the Costume Shop is the assignee.

5 0

2 years ago

Alpha Communications, Inc., which produces telecommunications equipment in the United States, has a very strong local market for

CaHeK987 [17]

Answer:

1-If the transfer price is set equal to the U.S. variable manufacturing cost, Alpha Communications will have a profit of $32.80 per circuit board with US Share as $0 and German Share as $32.80.

2-If the transfer price is set equal to the U.S. market price, Alpha Communications will have a profit of $39.20 per circuit board with US Share as $24 and German Share as $15.20. The transfer price as US market price is more effective for the Alpha Communications.

3:a- If the German division can obtain the boards in Germany for 155, it is better for the German division because due to lack of additional shipping fee and import duty, this price is more feasible for the German division.

3:b- If the company decide to sell the US circuit boards locally and allow German division to obtain the circuit boards in Germany, then Alpha Communication will have a profit of $60 per circuit board with US Share as $24 and German Share as $36.

Explanation:

1-If the transfer price is set equal to the U.S. variable manufacturing cost, Alpha Communications will have a profit of $32.80 per circuit board. The calculations are as follows:

US Operation:

Sales Revenue(Price set to variable manufacturing cost): $130

Variable Manufacturing Cost: : ($130)

_________________________________________________

Contribution Margin : $ 0

German Operation:

Selling Price: $360

Transfer Price: ($130)

Additional Cost: ($115)

Shippng Cost: ($20)

Import Duty (10% of Transfer Price): 10% x 130=0.1x130= ($13)

_________________________________________________

Income Before Tax: $82

Income Tax (60% of Income Before Tax):60%x82 ($49.20)

___________________________________________________

Income After Tax $32.80

2-If the transfer price is set equal to the U.S. market price, Alpha Communications will have a profit of $39.20 per circuit board. The transfer price as US market price is more effective for the Alpha Communications. The calculations are as follows:

US Operation:

Sales Revenue(Price set to variable manufacturing cost): $170

Variable Manufacturing Cost: : ($130)

_________________________________________________

Income Before Tax : $ 40

Income Tax (40% of Income Before Tax):40%x40 :($16)

_________________________________________________

Income After Tax: : $24

German Operation:

Selling Price: $360

Transfer Fee: ($170)

Additional Cost: ($115)

Shippng Cost: ($20)

Import Duty (10% of Transfer Price): 10% x 170=0.1x170= ($17)

_________________________________________________

Income Before Tax: $38

Income Tax (60% of Income Before Tax):60%x38 ($22.80)

___________________________________________________

Income After Tax $15.20

Total Income By Alpha Communication: $24+$15.20=$39.20

3-a: If the German division can obtain the boards in Germany for 155, it is better for the German division because due to lack of additional shipping fee and import duty, this price is more feasible for the German division.

At the lower tranfer price of 130, the total impact of transfer is given by

Transfer Price: $130

Shippng Cost: $20

Import Duty (10% of Transfer Price): 10% x 130=0.1x130= $13

___________________________________________________

Total Impact $163

It is more than the local available price, Thus the company should purchase their circuit board locally.

3-b If the company decide to sell the US circuit boards locally and allow German division to obtain the circuit boards in Germany, then Alpha Communication will have a profit of $60 per circuit board.

US Operation:

Sales Revenue(Price set to variable manufacturing cost): $170

Variable Manufacturing Cost: : ($130)

_________________________________________________

Income Before Tax : $ 40

Income Tax (40% of Income Before Tax):40%x40 :($16)

_________________________________________________

Income After Tax: : $24

German Operation:

Selling Price: $360

Local Circuit Board Price ($155)

Additional Cost: ($115)

_________________________________________________

Income Before Tax: $90

Income Tax (60% of Income Before Tax):60%x38 ($54)

___________________________________________________

Income After Tax $36

Total Income By Alpha Communication: $24+$36=$60.0

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2 years ago

The type of shipping paper used in highway transportation is called a

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AWR-160-W WMD paper

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3 years ago