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.
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<span>The monthly professional magazine published by the institute of management accountants is called "strategic finance".
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Strategic Finance considered as the leader publication of IMA, the world's driving association for accountants and financial experts in business. This magazine is one of the award winning monthly magazine, Strategic Finance gives the most recent data about practices and patterns in finance, accounting and data administration that will affect accountants and financial experts and their work.
Allowing bank branching across state lines gives banks greater ability to coordinate bank operations. This makes it easier for them to receive the benefits of <u>economies of scale</u>.
Banking operations are financial institution-specific monetary sports listed in the Banking regulation which involve the provision of sure economic offerings to their recipients (customers of a financial institution or 0.33 parties) against fee and under an agreement concluded with the customer.
The banking industry is rewarding and plays an essential position in our economy. It gives tough roles and possibilities to develop abilities and information. The dynamic nature of the industry and its relevance within the economic situation is why I want to pursue a profession in the banking zone.
Banking fundamentals refer to the principles and principles relating to the exercise of banking. Banking is an enterprise that offers credit score centers, storage for cash, investments, and different monetary transactions.
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Answer:
e) $23.89
Explanation:
The question is to determine the value of Canine Crates stock today based on a return rate of 13%
The first step is to determine the yearly value based on the dividend for three years as follows
D1= The annual dividend x 2 ( since Canine Crates plans to double the amount each year for three years
D1= $0.45 x 2 = $0.9
D2= $0.90 x 2 = $1.80
D3= $1.80 x 2 = $3.60
Based on these calculations, we calculate the value of the stock by adding the present values of the dividend of each year.
This is based on the following formula
Dividend per year / (1+r)∧n
= Dividend per year
r = required rate
n= period
Value of the stock = $0.9 / (1.13) + $1.80 / (1.13)∧2 + $3.60/ (1.13)∧3
The value of the stock = $23.89
The correct option is (a) tend to reduce the severity of short-run fluctuations.
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.
All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
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