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Lisa [10]
1 year ago
8

Integrated Devices, Inc., is a private, for-profit corporation that is owned by five shareholders who are members of the same fa

mily. Integrated is
Business
1 answer:
yan [13]1 year ago
5 0

Integrated is a close corporation.

<h3>What is corporation?</h3>
  • A corporation is a collection of people or a business that has been given legal status as a single entity by the state and is used for specific legal purposes.
  • Early corporations were created with a charter. The majority of governments currently permit the registration of new corporations.
  • There are four main forms of corporations: sole proprietorships, Limited Liability Companies (LLCs), S-Corporations (S-Corps), and C-Corporations (C-Corp).
  • Examples of corporations are Apple Inc., Walmart Inc., and Microsoft Corporation.
<h3>What is a close corporation?</h3>
  • A close corporation is a business that has fewer shareholders than the statutory limit and is not a public company.
  • The maximum number of shareholders is typically 35, though this varies according on the state's corporate regulations.

Learn more about corporation here:

brainly.com/question/28017828

#SPJ4

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Skyline Corp. will invest $130,000 in a project that will not begin to produce returns until the end of the 3rd year. From the e
koban [17]

Answer:

NPV = $23,146.99

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

The NPV can be calculated using a financial calculator:

Cash flow in year o = $- 130,000 

Cash flow each year in year 1 and 2 = 0

Cash flow each year in year 3 to 12 = $34,000

I = 12%

NPV = $23,146.99

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0
3 years ago
A customer has $20,000 to invest, but needs immediate access to the funds to pay a variety of bills that will arrive over the ne
tatiyna

Answer:

A. Money Market checking account

Explanation:

A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.

Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.

In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.

It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.

4 0
2 years ago
what was a primary purpose of the program being promoted by this poster? (7f) question 9 options: to encourage women to join the
AlekseyPX

The primary purpose of the program being promoted by this poster was:  "to increase the food supply during a farm-labor shortage" (Option D)

<h3>What is the purpose in literature?</h3>

The literary goal is to amuse and provide aesthetic delight. The emphasis of the literary aim is on the words themselves, as well as their conscious and planned arrangement to generate a pleasing or enriching impact. When employing the literary goal, a writer frequently displays a viewpoint.

Literature is a way of documenting, conserving, and conveying information and enjoyment, as well as providing a social, psychological, spiritual, or political function. As an art form, literature can also encompass works in nonfiction genres such as biography, diaries, memoir, correspondence, and essays.

Learn more about purpose:
brainly.com/question/14396227
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4 0
1 year ago
What is meant by the term "piercing the corporate veil"?select one:a.corporate directors and/or officers may be held personally
disa [49]
<span>Typically, a corporation is considered to be a unique and seperate entity from it's Board Directors and Shareholders. "Piercing the corporate veil" is the act of legally holding those Directors or Shareholders personally liable and responsible for the Corporation's actions or liabilities.</span>
6 0
2 years ago
How do you account for financial losses in order to maintain quality customer service, for example, a restaurant that gives a fr
IgorC [24]

Answer: These costs will be classified as sales discounts

Explanation: Sales discounts are discounts given to customers for buying a company's products or special offer given to customers that are regular and loyal to a company's brand. Discounts are also given to attract new customers to a company's product.

Discounts are accounted for under the operational expenses head and are recorded as part of the company's operational expenses.

The effect of discounts are that it reduces the company's net profit but the positive effect is that it can increase the total sales of the company.

4 0
3 years ago
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