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3 years ago

Why private limited companies in malaysia does not get listed in the stock exchange?

1 answer:

4 0

Your KEY word is private. The companies may be limited liability, but because they are private, that means that they are privately owned. Privately owned companies are not traded on stock exchange. Often a corporation will issue stock in what’s called an Initial Public Offering. This is to raise capital and allows anyone from the public sector have access to ownership of the company through buying shares of stock. If the company were privately held, it would be owned by the employees or a few investors or a combination

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The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.

Otrada [13]

Answer:

A)True

Explanation:

Physical distribution concept can be regarded as larger distribution process that involves wholesale as well as retail marketing and the physical movement ( transportation as well as storage.) of goods/service. It should be noted that the The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.

6 0

3 years ago

Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and me

vazorg [7]

Answer:

Budgeted amounts: June July August

1. Purchases $1,480,000 $1,570,000 $1,220,000

2. Cost of goods sold $1,240,000 $1,770,000 $1,190,000

Explanation:

The computations are shown below:

Budgeted amounts: June July August

Ending accounts payable $130,000 $300,0000 $120,000

Payments on account $1,500,000 $1,400,000 $1,400,000

Subtotal $1,630,0000 $1,700,000 $1,520,000

Beginning accounts payable ($150,000) ($130,000) $300,000)

Purchases $1,480,000 $1,570,000 $1,220,000

Budgeted amounts: June July August

Beginning inventory $260,000 $500,000 $300,000

Purchases $1,480,000 $1,570,000 $1,220,000

Cost of goods available for sale $1,740,000 $2,070,000 $1,520,000

Ending inventory (500,000) (300,000) (330,000)

Cost of goods sold $1,240,000 $1,770,000 $1,190,000

7 0

3 years ago

Auditors may use positive and/or negative forms of confirmation requests for accounts receivable. Of the following, which combin

Alik [6]

Answer:

Explanation:

A. Positive confirmation should always be used for large balances

C. Trade receivables is the overlying term for both account receivables and note receivables. There is no distinguish here between large and small balances.

D. The positive form should be used for receivables that are unsatisfactory.

4 0

3 years ago

The following expenditures were incurred by McCoy Company in purchasing land:cash price $61,440, accrued taxes $4,720, attorney’

Alex Ar [27]

Answer:

$76,240

Explanation:

Given that,

cash price = $61,440,

accrued taxes = $4,720,

attorney’s fees = $2,660,

real estate broker’s commission = $3,360, and

clearing and grading = $4,060

Cost of the land:

= cash price + accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $61,440 + $4,720 + $2,660 + $3,360 + $4,060

= $76,240

6 0

3 years ago

Sales for the year were $83,000. The balance sheet at the end of the year is given below:

Ipatiy [6.2K]

Answer:

See below

Explanation:

The above is an incomplete question. From a similar question, we were given cost of goods sold to be $60,800.

Firm's day sales in inventory is computed as;

= (Ending inventory / Cost of goods sold) × 365

Given that;

Ending inventory = $41,000

Cost of goods sold = $60,800

= ($41,000/$60,800) × 365

= 246days

3 0

3 years ago

Why private limited companies in malaysia does not get listed in the stock exchange?​

Why private limited companies in malaysia does not get listed in the stock exchange?