Answer:
1.Owners are not agents of the corporation- True Managers and directors are the agents of the owners of the corporation. What owners do is not always on behalf of the corporation.
2. It is a separate legal entity.- True Corporate enjoy separate existence. Their assets and liabilities are different from that of their owners.
3. It has a limited life.- False Corporations have unlimite life. They continue to function even after the death of their owners.
4. Capital is more easily accumulated than with most other forms of organization.- True If a corporation needs capital, it cal raise money by issuing shares in the open market. People invest if the prospects are good and the company can gather more funds whenever required. It is also easier for a corporation to acquire loans.
5. Corporate income that is distributed to shareholders is usually taxed twice- True First the Income of the company is taxed which in a way..
Answer:
$30,000
Explanation:
Given the following information:
Employer Contributions = $9,000
Employee Contributions = $12,000
Earnings = $4,000 + $5,000
Jack should be given 100% of his contributions and the earnings of those contributions due to the vesting schedule, which he is entitled to because he has only worked for 6 years.
Answer:
$7,300 loss
Explanation:
The computation of the net foreign exchange gain or loss included in the income statement is shown below:
Since the merchandise purchased value is $62,900
And, the paid amount is $53,200
So, the gain on transaction is
= $62,900 - $53,200
= $9,700
The borrowed amount is $305,000
And, the principal amount is $322,000
So, the loss is
= $305,000 - $322,000
= $17,000 loss
So in this case $7,300 loss is included which is a difference of $9,700 and $17,000
Answer:
Explanation:
lol because its the business and elon musk said it himself and heas richest in world
e34rorowjiop
Answer:
The answer is "
"
Explanation:
Please find the complete question in the attached file.
Commercial sector contribution margin
Margin per unit of contribution = sales price – Unit cost variables
Margin of Contributions = Revenue Sales - Fixed expenses
Aerospace industry variable costs
