Where would you be if the sun sets for six months, starting september 23?

Sorry about the previous qn I meant clauses of a memorandum of association

blsea [12.9K]

Answer:

» Subscription clause [ In the momerandum, it shows the amount of subscribers and their satus of subscription ]

» Objects or objective clause [ It outlines the workouts planned by the body or company ]

» Liability clause [ explains the liability of any company member ]

» Capitability clause [ This outlines the peak of capital a particular company can reach, it is some times called optimum or nominal capital ]

» Domicile clause [ It shows the location of the registered office of the body or company ]

» Name or status clause [ It specifies the name of the particular organization or body or company ].

Explanation:

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7 0

3 years ago

At the end of 2016, Splish Brothers Inc. has accounts receivable of $675,100 and an allowance for doubtful accounts of $24,370.

ikadub [295]

Answer:

a.

Allowance for doubtful accounts $4,127

Accounts receivable $4,127

b.

The cash realizable value of the accounts receivable before the write-off : $650,730 and after the write-off: $650,730

This is the same amount

Explanation:

a. When write-off the receivable, the amount of the Accounts receivable of Splish Brothers Inc. will reduce. The company use Allowance for doubtful accounts to write-off receiable that is not collectible.

b.

Cash realizable value is the amount of money company expect to receive from the accounts receivable after deducting the uncollectable amount.

Cash realizable value = Accounts receivable - Allowance for doubtful accounts

Before write-off:

Cash realizable value = $675,100-$24,370 = $650,730

After write-off:

Accounts receivable = $675,100-$4,127 = $670,973

Allowance for doubtful accounts = $24,370-$4,127 = $20,243

Cash realizable value = $670,973 - $20,243 = $650,730

When the company write-off, the Accounts receivable and Allowance for doubtful accounts reduce the same amount. So, the Cash realizable value is not changed after write-off (this is the same amount before and after write-off)

7 0

3 years ago

Interdepartmental politics is a major problem with __________________ communication.

Mumz [18]

Answer:

Interdepartmental politics is a major problem with <u>horizontal </u>communication.

✘ Create dotted-line relationships to formalize communications.

✔ Establish goals for communication in advance.

✔ Focus communication on achieving a certain task or outcome.

✘ When creating teams, choose people with wide differences in rank within the organization.

6 0

3 years ago

The Northern Division of Southwest Clothing Inc. forecasts (has budgeted) the following income statement for the upcoming year:

Alex

Answer:

Operating loss will decrease by $20,000

Explanation:

Operating loss from normal business activities and if the division is not shut down = $150,000.

Operating loss if division is shut down by the management = $130,000 ($480,000 - $350,000) because the management has determined that $350,000 of the $480,000 Fixed Costs shown would be eliminated if that happens.

So, if the Northern Division is shutdown, the Operating loss will decrease by $20,000 (From $150,000 to $130,000)

5 0

3 years ago

Fergie has the choice between investing in a State of New York bond at 4.1 percent and a Surething Inc. bond at 6.8 percent. Ass

iragen [17]

Answer:

The state of New York should offer bonds at 4.76% to make indifference to purchase their bonds than Surething Inc.

Explanation:

the corporation has to pay income taxes while the State of New York do not pay for income taxes thus his yield is after-tax.

Surething Inc after tax rate:

pre-tax x (1 - tax-rate) =6.8% x ( 1 - 30%) = 0.068 x (1-0.30) = 0.0476 = 4.76%

Currently the corporation bond yield a higher rate than the State of New york (4.76% against 4.10%)

7 0

3 years ago