Answer:
Interest saved by the couple = $3497.12
The answer and procedures of the exercise are attached in the following archives.
Explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: Matrix
Explanation:
The matrix organizational structure is one of the type of company structure that producing various types of products and the services by an organization and the reporting relations are get up according to the company matrix.
In this system the employees report both functional manager and as well as the project manager.
The main advantage of the organizational matrix is that it helps in create the large scale projects more efficiency by organizing the each functional structure in an organization effectively.
Therefore, Matrix is the correct answer.
Answer:
A charter is a legal document that formally establishes a corporate entity. Charters are issued by national or provincial governments.
Explanation:
The incorporator oversees setting up the company, prepares and files the charter, and supervises the creation of other corporate documents. The business may also propose an amended charter if the number of directors changes, the board members themselves change, or the corporation moves its primary location.
Answer:
$116 million
Explanation:
Calculation of Additional Paid-in-Capital
Jan 1: 8 million*$14 $112 million
June 3: 2 million*$17 ($34 million)
Dec 28: 2 million*$19 $38 million
Paid-in-Excess capital $116 million
So, the company should report $116 million as additional paid-in capital in its December 31, 2021, balance sheet.
Answer:
Parent company retained earnings equals consolidated retained earnings.
FALSE
Explanation:
When the company acquired the subsidiary, it already had a retained earnings balance. This will be added to parent company retained earnings in the consolidated balance.
Parent Equity
Common Stock 100
RE 200
Subsidiary:
Common Stock 10
Re 5
As the subsidiary retained earnings will change by his net income and dividends it will differ to parent company as the parent dividends will be different as well as the income for the year.