Answer:
S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.
Explanation:
There are specific pre-requisites before a company may apply as an S corporation
- It implies that corporation shareholders must be U.S. residents only who directly own the shares.
- Maximum 100 shareholders can be part of S corporation.
- The stock options are restricted to one class only.
The limited stock options, no foreign investment challenges and limitation of maximum shareholders create a barrier to open S type corporation. So the answer is S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.
Answer:
Unit value of $36 Ross should use when applying the lower of cost or net realizable value rule to ending inventory.
Explanation:
Inventory should be recorded on:
Lower of
Cost of product = $36 per unit
Net realizable value = selling price -selling cost = $48 - $6 = $42
So the lower value is the cost value of $36 for the product. So, this value should be used in order to determine the cost of ending inventory.
Answer:
From what height did the parachutist jump?
914 m
Explanation:
v = 58.8 m/s
u = 0 m/s
a = 9.81 m/s^2
t = 6.00 s
v^2 = u^2 + 2as
58.8^2 = 0 + 19.62s
s = 3457.44/19.62 = 176.22m
Upon decelerating after opening parachute;
v = 10 m/s
u = 58.8 m/s
t = 4.00
deceleration =( 58.8 - 10)/4.00 = 12.2 m/s^2
v^2 = u^2 + 2as
100 = 58.8^2 - 24.4s
3357.44/24.4 = s
s = 137.6s
Upon decending at constant velocity
distance = time*velocity = 10.0*60 = 600 m
Initial height = 600 + 137.6 + 176.22 = 913.82 m = 914 m
Answer:
$ 2,504,000
Explanation:
Budgeted overhead= $2,375,000
FOH budget variance= $129,000
Actual amount of fixed overhead= $2,375,000+$129,000
=$ 2,504,000
Therefore the actual amount of fixed overhead will be $ 2,504,000
Answer & Explanation:
Step 1
The expected rate of return r is calculated as follows:
r = (expected revenue - cost / cost) * 100%
= (550 - 500 / 500) * 100%
=10%
Step 2
The publisher will choose to invest the machine when the real interest rate is 10% and 9%. When the expected rate of return is higher than the cost of borrowing, that is, the real interest rate, the investment is profitable and should be undertaken.
In this question, the expected rate of return is 10%, higher than the borrowing cost of 8% and 9%; thus, the investment of the new machine should be undertaken.
When the cost of borrowing is 11%, which is higher than the rate of return of 10%, the investment should not be undertaken.
