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kap26 [50]
1 year ago
8

Assume the plum corporation has two different issues of common stock. one issue carries voting rights, and the other issue does

not. in this situation, plum is said to have issued?
Business
1 answer:
Alchen [17]1 year ago
6 0

Assume the Plum Corporation has two different issues of common stock. One issue carries voting rights, and the other issue does not. In this situation, Plum is said to have issued classified stock.

A legal entity is a form of legal entity that is also a separate legal entity from its owner. All companies are companies, but not all companies are necessarily companies. The standard answer today is that the purpose of a corporation is to benefit its shareholders. Scholars talk about the 'shareholder-first norm' and many talks about the role of corporate leaders as 'shareholders'. Wealth maximization”. Even seemingly selfless entrepreneurial actions B. charitable donations are considered legitimate.

Learn more about Corporation  here

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How much does a pediatrician make in a month?
Sati [7]
 they make  135000 a month

3 0
2 years ago
Which of the following statements is true regarding depreciation methods?
r-ruslan [8.4K]

Answer:

The correct answer is letter "D": The use of a higher estimated life and a higher residual value will lower the annual amount of depreciation expense recognized on the income statement.

Explanation:

Depreciation distributes the cost and cost over the useful life of the assets of tangible and real assets. A business could depreciate an asset over a period of up to thirty years, depending on the type of asset it is. There are many depreciation methods but, among the most common we can find the <em>Straight-line method, the Double Declining Balance method</em>, and <em>the Units of Production method</em>. As long as the estimated life of the asset and its residual value is high, the amount filed for the depreciation will be lower.

7 0
3 years ago
Johnny Appleseed and Company ships all of the apples from its orchards in the Pacific Northwest to a single buyer in Japan. The
Shtirlitz [24]

Answer:

Is not a multinational corporation

Explanation:

A multinational corporation possess facilities and other assets in at least one country apart from its home country. A multinational company generally has offices and lots of factories in different countries. They have a central head office in which they coordinate global management. A multinational corporation has its business in more than one country.

Johnny Appleseed and company supplies their product only to one country(Japan), this makes them a -multinational corporation.

6 0
2 years ago
which if the following may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 da
inn [45]

A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.

<h3>What is purchased on margin?</h3>

This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.

Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.

In conclusion, the mutual funds can be purchased on margin. However, it  may be used as collateral for a margin loan after being held for 30 days.

Read more about mutual funds

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3 0
1 year ago
Norton, Inc. has the following information available for September 2020.
bulgar [2K]

Answer: See explanation

Explanation:

a. Prepare a CVP income statement that shows both total and per unit amounts.

CVP INCOME STATEMENT

Per unit. Total

Sales (500 units). 400. 200,000

Variable expense 280 140,000

Contribution margin. 120 60,000

Fixed expense. 48,000

Net operating Income. 12,000

b. Compute Norton's breakeven in units.

Breakeven point = 48000 / 120 = 400

c. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.

CVP income statement for the break-even point

Per unit. Total

Sales (400 units). 400. 160,000

Variable expense 280 112,000

Contribution margin. 120 48000

Fixed expense. 48,000

Net operating Income. 0

3 0
3 years ago
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