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Delicious77 [7]
3 years ago
13

Rebecca Siddoway own and operate Country Candies. Siddoway specializes in making rich, creamy toffees that she packages in attra

ctive gift boxes and sells through the mail. What would her first step be if she decides to incorporate her business to make it easier to find investors?
Business
1 answer:
Fofino [41]3 years ago
4 0

Answer:

To write the articles of incorporation

Explanation:

An article of incorporation involves a set of documents being filed with the government or a government body with respect to the legal documentation or registration or establishment of a corporation.

Also known as the certificate of corporation, it usually contains general and important information about the corporation. This information includes name of company, type of company, business of the company, the type of stock to be issued, etc.

As regards Rebecca Siddoway, writing an article of incorporation means her company, Country candies has been formally and legally registered with the government. This will attract investors as the certificate of corporation will serve as a show of commitment on the part of the firm as well as the confidence that the company is not trying to swindle him or her.

Cheers

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Answer:

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Explanation:

Using Dividend growth model, we have,

P_0 = \frac{D_1}{K_e - g}

Where P_0 = Expected price of share today

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Therefore,

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P_0 = \frac{3.24}{0.14-0.08}

P_0 = $54

Therefore, current price for this share or sock to be paid = $54 per share.

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3 years ago
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7.28%

Explanation:

For this question we use the RATE formula that is shown in the attachment below:

Provided that

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Pierce Corporation exchanged old equipment for new equipment. The original cost of the old equipment was $120,000, and its accum
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Answer:

new equipment                   50,000 debit

accumulated depreciation  40,000 debit

loss at disposal:                   30,000 debit

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Let's break the transactions into small parts:

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accumulated depreciation 40,000 debit

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<u>Thus, the journal entry will be as follows:</u>

new equipment                   50,000 debit

accumulated depreciation  40,000 debit

loss at disposal:                   30,000 debit

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