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1 year ago

Corporations can raise large amounts of money because:

1 answer:

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Because shares of stock can be bought in tiny increments, even novice investors can take part in corporate fund-raising efforts.

<h3>What do you mean by corporations?</h3>

A corporation is a business entity whose shareholders elect a board of directors to run its affairs. The corporation, not the shareholders, is in charge of the company's activities and financial situation. a large company run by a collection of companies as a single unit: a multinational corporation. UK Broadcasting Corporation

<h3>What is the importance of corporations?</h3>

In order to create value over the long term, a corporation must conduct legal, moral, profitable, and sustainable business practises. This necessitates taking into account the stakeholders who are essential to its success (shareholders, employees, customers, suppliers, creditors, and communities), as determined. A corporation protects its owners' personal assets from liability more than any other type of entity. For instance, even if a company's assets are insufficient to cover its debts, its investors will not be held personally liable in the event of a lawsuit.

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In ______ cycle theory, fluctuations in both investment and consumption expenditure, driven by fluctuations in the growth rat

Leno4ka [110]

Answer: Monetarist

Explanation:

The monetarist theory is a theory which believes that the changes in the supply of money is the most important factor in the growth of an economy.

In this concept, economic stability can be fostered through targeting the money supply. The theory assume that the fluctuations in both the investment and consumption expenditure, which are s a result of the fluctuations in growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.

7 0

3 years ago

Net income was $503,000 in 2020, $473,000 in 2021, and $521,000 in 2022. What is the percentage of change from (a) 2020 to 2021,

Butoxors [25]

Answer and Explanation:

The computation of the percentage of change is as follows;

a. For 2020 to 2021

= (Net income in 2021 - net income is 2020) ÷ (net income in 2020)

= ($473,000 - $503,000) ÷ ($503,000)

= -5.96% decrease

b .For 2021 to 2022

= (Net income in 2022 - net income is 2021) ÷ (net income in 2021)

= ($521,000 - $473,000) ÷ ($473,000)

= 10.15% increase

In this way it is calculated

6 0

2 years ago

EZ Electronics Inc., Neo Digital Inc., and Techno Products Corp. are all companies that manufacture and sell consumer electronic

VikaD [51]

Answer is Industry

Explanation:

An industry is a group of companies whose primary business activities like production, marketing, procurement and product design are related. In order words, an industry is a group of companies that sells related goods and services to satisfy similar customer needs in a particular economy.

Since EZ Electronics Inc., Neo Digital Inc., and Techno Products Corp., are all grouped as manufacturers and sellers of consumer electronics, it describes their similarities, of which their relative attractiveness or consumer preference can be compared with each other. Therefore, they are a part of an industry.

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3 years ago

Benjamin, Inc., operates an export/import business. The company has considerable dealings with companies in the country of Camer

timurjin [86]

Answer:

the picture attached is the main question while the solution is given in the explanation box below

Explanation:

2017 = Loss = 25000 * 8 * [0.42-0.50] = 16000

2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000

2017 = gain = 25000 * 8 * [0.48-0.42] = 12000

2017 = Loss = 25000 * 8 * [0.48 - 0.50] = 4000

2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000

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3 years ago

Laughlin, Inc., uses a standard costing system. The predetermined overhead rates are calculated using practical capacity. Practi

Murrr4er [49]

Answer:

(1) $5,300 F; $30,000

(2) $77,800 U; $22,500 U

Explanation:

1. Fixed Overhead Spending variance:

= Budgeted Fixed Overhead - Actual Fixed Overhead

= 300,000 -294,700

= $5,300 Favorable

Fixed Overhead Volume variance:

= (Standard Output -Actual Output ) × Fixed Overhead absorption rate per unit of output

= (1,000,000 - 900,000) × (300,000 ÷ 1,000,000)

= 30,000 Unfavorable

2. Actual Hours = 190,000

Actual variable Overhead = 800,000 -294,700

= 505,300

Standard variable Overhead rate = (750,000 - 300,000) ÷ 200,000

= 2.25

Variable Overhead Spending Variance:

= (Actual hours × Standard variable overhead rate per hour) - Actual manufacturing overhead

= (190,000 × 2.25) - 505,300

= 77,800 unfavorable

Variable overhead Efficiency variance:

= (Standard Hour - Actual Hour) × Standard variable Overhead rate

= [(200,000 ÷ 1,000,000) × 900000 - 190,000] × 2.25

= $22,500 Unfavorable

3. The Journal entries are as follows:

WIP inventory A/C Dr. $727,500

To Fixed manufacturing Overhead $300,000

To Variable manufacturing Overhead $427,500

(To record fixed and variable manufacturing overhead)

Workings:

Variable manufacturing Overhead = 190,000 × 2.25

= $427,500

Fixed manufacturing Overhead A/c Dr. $5,300

WIP Inventory A/C Dr. $72,500

To Variable manufacturing Overhead $77,800

(To record Closing out overhead variances)

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3 years ago