Answer:
Explanation:
The statement in the question is not complete and should be the following with each of the answers provided being part of the statement like so,
Management of a close corporation often resembles that of a Partnership , but a corporation must meet the statutory requirements to remain a corporation. Often, shareholders in a close corporation restrict the transferability of shares. If a majority shareholder misappropriates company funds, the normal remedy for the other shareholders is to have their shares appraised to determine value and then receive that value.
Answer:
Explanation:
Poverty Is the biggest enemy of education on every level. Poor students fall victim to health issues and lifestyle that hinder their ability to study or learn.
Education can help in eradication of poverty, those in poverty can only be benefit from education. Right education can lift people from poverty and can also improve their health issues, financial crisis, it can change their lives. It is the fact that poverty is both cause and effect of lack of access to education.
Lack of education causes many issues such as:
Poor health or nutrition deficiency is seen among people due to illiteracy.
Lack of education causes gender inequality.
lack of skilled labor and less productivity is seen.
Lack of opportunity as people are ignorant. Hence lifestyle is low.
These are some problems faced by the poors, as their common characterstics include - Nutritional deficiency, low standard of living, large size of family, unemployment.
“Education is not a way to escape poverty,it is a way to fight it” - J. Nyerere
I believe, it is not easy to explain the relation between poverty and education, yet I tried my best.
Thank you.
Hi there
Salvage value is not taken into consideration the law allows you to fully depreciation the entire cost of the asset.
So it's c
Answer:
DPS = 2.60
Explanation:
When the income is greater than 80 millions
the dividends will increase 40% of the amount that exceeds 60 millions
If abel earn 100 millons then
100 > 80 This earning qualifies for the extra dividend
amount over 60 x 40%
(100 - 60 ) x 40% = 16 millions
16/10 = 1.6 bonus dividends per share
base dividend $ 1.00
+ bonus $ 1.60
Total $ 2.60
Dividends per share when earning 100 millions = 2.60
Answer:
the options are missing, so I looked for them:
- The same as the carrying amount at January 1, 2017.
- Higher than the carrying amount at December 31, 2017.
- The same as the carrying amount at December 31, 2017
- Lower than the carrying amount at December 31, 2017.
The correct option is 2. Higher than the carrying amount at December 31, 2017.
Explanation:
When a company issues a bond at a discount the journal entry should be:
Dr Cash
Cr Bonds payable
Cr Discount on bonds payable
As time goes on, the discount on bonds payable is amortized increasing total interest expense, but also increasing the bonds carrying value.