Answer:
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<em>alvin Tucker is in the process of launching an educational services firm. He plans to incorporate the firm. Because the firm will be incorporated, Calvin is legally required to have a </em><em><u>board of </u></em><em><u>directors</u></em>
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<em>The </em><em>role </em><em>of </em><em>Directors</em><em> </em><em>on </em><em>a </em><em>board </em>
<em>representative</em><em> </em><em>of</em><em> the</em><em> </em><em>company's</em><em> </em><em>share</em><em>h</em><em>older </em><em>to </em><em>overs</em><em>ee </em><em>the </em><em>management</em><em> </em><em>of </em><em>the </em><em>company</em><em>.</em>
<em>_</em><em>_</em><em>_</em><em>_</em><em>____</em><em>________</em><em>________</em><em>________</em>
Answer:
$113,000
Explanation:
As we know ,
Working capital = Total current assets - total current liabilities
where,
Total current assets = Accounts receivable + cash + inventory + marketable securities + prepaid expenses
= $35,000 + $25,000 + $72,000 + $36,000 + $2,000
= $170,000
And, the total current liabilities = Accounts payable + accrued liabilities + short term notes payable
= $30,000 + $7,000 + $20,000
= $57,000
Now put the values to the above formula
So, the value would be equal to
= $170,000 - $57,000
= $113,000
Answer:
b) technological advancements
Explanation:
Manufacturing automation and office automation are examples of technological advancements that are forces for change outside the....
Automation of manufacturing and office entails the use of technology in place of traditional means. Advancement in technology has made enterprises shift from traditional means of production to technology, which enhances efficiency and improves productivity.
Answer:
Douglas can afford 21697.88 to borrow to purchase a car.
Explanation:
As the formula for calculating present value is given as:
PV = PMT * ( (1-(1+r)^-n) / r )
As Douglas can afford 240$ a month for five years for a car loan so
it means that payment = 240
$
As the APR is 8.5% which means after dividing by 12 the rate per month = 8.5%/12
Total number of Months = 5*12
Total number of Months = 60
Putting these values into the above formula, we get
PV = PMT * ( (1-(1+r)^-n) / r )
PV = 240 * ( (1-(1+8.5%/12)^-60) / (8.5%/12) )
PV = 11697.88
As the down payment = 10,000 so the total value of car
= 11697.88+10000
= 21697.88
Douglas can afford 21697.88 to borrow to purchase a car.
Answer:
D : All options are correct
Explanation:
- The marginal buyer is the essence of demand curve while marginal seller is essence of supply curve.
- @ Q = 500 units, Selling Price is set at SP = $35
- @ Q = 500 units, Buying Price is set at BP = $40
- Since, SP ≠ BP our equilibrium price would be $ 37.5 assuming the price elasticity of demand and supply are equal. In any case the equilibrium price would lie in between [ 35 , 40 ] such that to prevent a shortage of units in near future.
- Moreover, if the seller decides to sell at price $35 then he must sell goods greater than 500 units to reach the equilibrium profits. However, it could also lead to excess of units or surplus.
- We see that from selling the goods at SP = $35 while the buyer is willing to pay BP = $40 for 500 goods, the seller would be under-profiting and would be earning $5*500 = $2,500 less than he would at equilibrium price of $40 and selling units greater than 500. Hence, 500 goods is not an efficient quantity of goods.
