1. What are the features of a corporation?
A corporation is a lawful entity that is independent from the people who possess it. As such, after the enlistment of a corporation, it is a different develop according to the law.A partnership is a legitimate element that is discrete and particular from its proprietors. Corporations appreciate the greater part of the rights and duties that an individual has: enter contracts, advance and acquire cash, sue and be sued, enlist workers, claim resources and make good on government expenses.
2. The chief distinguishing factor of a corporation is its <u>"limited liability".</u>
The head recognizing element of a corporation is its limited liability. The proprietors have an immediate case on the enterprise's benefits in direct relationship with their responsibility for. In any case, their liabilities are restricted to their interest in the enterprise. Along these lines, if the enterprise goes bankrupt, the proprietors are not in charge of its obligations and different commitments. An organization has the chance to exchange its stocks in the money related markets as regular stock once it has finished an initial public offering (IPO).
3. An investor who purchases stock in a corporation becomes a<u> "shareholder"</u> in that corporation.
An investor who buys stock in an enterprise turns into an shareholder in it, yet does not endure any liabilities or have any assets in danger past his or her unique speculation. A shareholder, normally alluded to as an investor, is any individual, organization, or foundation that possesses no less than one offer of an organization's stock. Since shareholders are an organization's proprietors, they receive the rewards of the organization's triumphs as expanded stock valuation. In the event that the organization does inadequately and the cost of its stock decays, nonetheless, investors can lose cash.
Answer:
c. Subtract total satisfaction from consuming N - 1 (first) products from total satisfaction from consuming N products
Explanation:
By definition, marginal utility of consuming one more unit of product or service is the additional satisfaction of consuming that unit of product or service.
That additional satisfaction from (consuming) the Nth products = total satisfaction from (consuming) all N products - satisfaction from consuming (first) N - 1 products
(first) should be added, because you are finding the satisfaction from the last consumed product.
Answer:
Calculate the tax consequence of withdrawal from retirement account.
T and L are 40 years old and decide to withdraw $2,100 from their IRA. They lie in a 35% marginal tax bracket.
Analysis
They are withdrawing some amount from their retirement fund. They have to pay the tax and penalty for early withdrawals from the retirement fund. The withdrawal amount is $2,100 so they have to pay tax on it. The tax rate will be 35% which is their marginal tax bracket.
Calculation of tax consequences if withdrawal amount is $2,100:
Ordinary income tax amount calculates by multiplying the withdrawal amount with the ordinary tax rate.
= $2100 × 35%
= $735
The withdrawal amount attracts the 10% penalty. So, the penalty amount is calculated as follows: Penalty on withdrawn funds calculates by multiplying the withdrawn funds with the percentage of penalty.
= $2100 × 10%
= $210
(NOTE: - T and L have to pay ordinary income tax along with the penalty on their withdrawal because they are withdrawing funds from their IRA before age 59.5.)
Total expenses include the tax amount and penalty charge on withdrawal amount. So, it is calculated as follows:
Total expenses =$735 + $210
Total expenses = $945
Conclusion
Therefore, T and L would incur a tax of $945 on their withdrawal. This $945 is the sum of income tax amount and penalty on withdrawal balance.
Answer:
The correct answer is letter "C": B2B; B2C.
Explanation:
A Business-to-Business (B2B) approach implies companies dealing between them. Goods are provided from manufacturers to retailers for the commercialization of the product. The Business-to-Customers (B2C) approach, instead, takes place when companies directly offer the product to the final user involving an investment of the firm in customer service.
