Answer:
The amount incurred by Charles division in the direct fixed cost is $20,250
Explanation:
The computation of the amount incurred in the direct fixed cost is shown below:
Direct fixed cost is
= Charled fixed cost - common fixed cost ÷ 2
= $170,700 - ($300,900) ÷ 2
= $170,700 - $150,450
= $20,250
hence, the amount incurred by Charles division in the direct fixed cost is $20,250
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.
Explanation:
Answer:
a. Liability of the owners of the firm is limited to their investment in the firm.
Explanation:
A corporation is defined as a form of business owned by shareholders and controlled by elected group of board of directors. A corporation is a legal entity which means that it can sue and be sued. It can also enter into a contractual relationship.
In a corporation, the liability of the
shareholders or owners of the firm is limited to their investment in the firm because of the doctrine of separate legal entity. In case of liquidation, owners would only loose their investment in the firm rather than loosing their investment and personal properties.
A public company can issue common stock to the shareholders of acquisition targets, which they can then sell for cash. This approach is also possible for private companies, but the recipients of those shares will have a much more difficult time selling their shares.
Multiply the number of shares issued by the price per share. Doing this calculation gives you the amount of cash raised by the sale of the stock. For example, if the company issues 100 shares at $10 per share, the result is $1,000 of additional capital raised from stock issuances.
