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4 years ago

What is the difference between a public and a private corporation?

1 answer:

6 0

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

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If there is an excess supply of money in the economy, A. there is also an excess demand for money B. there is also an excess dem

yarga [219]

Answer: B. there is also an excess demand for bonds

Explanation:

When there is an excess supply of money in the economy, there is also an excess demand for bonds.

This is because in his case, rather than holding money, individuals will want to increase their being holdings and therefore, this will lead to the reduction in their holding of money. Equilibrium will further be restored as there'll be reduction in interest rate.

8 0

3 years ago

A clothing manufacturing firm is deciding whether or not to invest in new machinery. The machinery costs $45,000 and is expected

Nostrana [21]

The present value of the cash flows is 51020.41

<h3>What is Compound Interest?</h3>

Compound interest, often known as interest on principal and interest, is the adding of interest to the loan or deposit principal. It occurs when interest is reinvested, added to the lent capital instead of being paid out, or the borrower is required to pay it, resulting in the next period's interest being generated on the principal amount plus any accumulated interest.

In the question it is given that:

Equipment cost $45,000.

first year's cash flow was $25,000

second-year cash flow $30000

5% interest is charged.

We are aware that the following relationship can be used to calculate the present value.

$PV = FV X (1+r)^{n}$

PV stands for present value, Future Value is FV, and the rate of interest is r.

Consequently, the present value is calculated as

$PV = 25000 X (1+0.05)^{-1} + 30000 X (1+0.05)^{-2}$

⇒ PV = 51020.41

To learn more about compound interest visit:

brainly.com/question/13481659

#SPJ4

4 0

2 years ago

Explain what gross income is and what types of income are included in gross income. What is normally deducted from gross pay by

otez555 [7]

Answer:

gross income

From and individual perspective Gross income is the total amount you earn before tax and deductions.

From a company perspective Gross Income refers to the revenues that are the payments received from the sales of a good or a service.

types of income

Gross income. is the total amount you earn before tax and deductions.

Net income. is the total amount you earn after tax and deductions.

Earned Income. Earned Income is the money that you earn by doing something or by spending your time e.g. the money that you make in your job, the salary you get by working for someone else.

Profit Income. Is the income resulting from a company's year operation after costs, expenses, interest and taxes

Interest Income. Is the income resulting from lending money, also known as interest

Dividend Income. Is the income resulting for buying stock from a company it is paid annually

Rental Income. Is the income received from renting a fixed asset e.g. apartment, house, warehouse

Capital Gains. Are the gains derived from the selling of a fixed asset e.g. apartment, house, warehouse

Royalty Income. Is the income received over time for the explotaition of a brand or artist work e.g. songs, movies, images.

Deductions from a pay check

The deductions most used but not limited are the taxes: Federal, state and local payroll, Social security and Medicaid and Medicare.

Gross and net pay?

Gross pay is the quantity of money received before deductions such the taxes stated above: Federal, state and local payroll, Social security and Medicaid and Medicare.

Net pay is the quantity amount of money afterdeductions such the taxes stated above:: Federal, state and local payroll, Social security and Medicaid and Medicare.

8 0

3 years ago

The March 1 inventory of finished units at the Kay Company is 5,000. During March the company plans to sell 40,000 units and des

nordsb [41]

Answer:

C. 45,000 units

Explanation:

Inventory of finished units at March 31

10,000

Add:

Sales units

40,000

Total units

50,000

Less:

Inventory of finished units March 1

(5,000)

Balance

45,000

Therefore, the number of units that the company should plan on producing in March is 45,000 units

5 0

3 years ago

Both the chart of accounts and the ledger __________. A. list the account names and numbers of the business B. provide the bala

Marizza181 [45]

Answer: (A) List the account names and numbers of the business.

Explanation:

The chart of the account is basically a listing of name of an account in which the company identified availability for the recording transaction in the general ledger. The company has high flexibility for tailor its both chart of account and ledger for its need and including accounts according to its particular needs.

The charts of the accounts has large and complex as company itself. The organization chart properly serve the outline for the accounting for the chart of account and the number of business.

7 0

4 years ago