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aniked [119]
4 years ago
12

An operating agreement for a limited liability company must follow a particular framework and include certain specific provision

s.
a. True
b. False
Business
1 answer:
AleksandrR [38]4 years ago
3 0
The answer is A. True

Well, basically all types of business organization need to follow a  particular framework and provisions.

It help to prevent a future misconduct between partners, and to keep the company in the good side of the Law
You might be interested in
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers?
Maurinko [17]

Answer: Option D

Explanation:

A. If the hostile takeover by outside investors is made easier it might result in  

depletion of shareholders interest in the company.

B.  Large cash salaries and low stock options will result in mangers being carefree about the position of company in the market,thus, resulting in depletion of shareholders interest in the company.

C. Covenants protect the shareholders from unethical or illegal decisions of the management. Thus covenants are necessary for healthy manager and shareholder relationship.

D. Eliminating minimum requirement by shareholders will result in more shares to the general shareholders and high voting rights on company decisions also.

E. Doing such act will get the managers more hold on the stock of the company resulting in conflict.

7 0
4 years ago
In 2017, Hurricane Irma had a significant, negative impact on the orange harvest in the state of Florida. The U. S. Department o
MaRussiya [10]

As a result of Hurricane Irma causing the quantity of oranges to drop by 21%, the change in price of oranges will be increase of 14%.

<h3>What will be the change in price of oranges?</h3>

Price Elasticity is found as:
= Change in quantity / Change in price

You have the elasticity and the change in quantity so you can find the change in price as:

-1.5 = -21% / Price

Price x -1.5 = -21%

Price = -21% / -1.5

= 14%

In conclusion, price will increase by 14%.

Find out more on price elasticity of demand at brainly.com/question/5078326.

6 0
3 years ago
MJ LTD is expected to grow at various rates over the next five years. The company just paid a $1.00 dividend. The company expect
Black_prince [1.1K]

Answer:

$21.859

Explanation:

According to the scenario, computation of the given data are as follow:-

Present Value = D0 × (1 + growth rate)^time ÷ (1 + Required Rate of Return)^time period

1st Year PV = $1 × (1 + 0.20)^1 ÷ (1+ 0.12)^1

                  = 1.20 ÷ 1.12

                 = 1.071

2nd Year PV = $1 × (1 + 0.20)^2 ÷ (1+ 0.12)^2

                   = $1 × (1.44) ÷ 1.254

                  = $1.148

3rd Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10) ÷ (1 + 0.12)^3

                    = $1 × (1.44) × (1.10) ÷ 1.405

                     = $1.127

4th Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10)^2 ÷ ( 1 +0.12)^4

                    = $1 × (1.44) × (1.21) ÷ 1.574

                     = $1.107

5th Year PV = $1 × (1 + 0.20)^2 × ( 1 +0.10)^3 ÷ (1 + 0.12)^5

                     = $1 × (1.44) × (1.331) ÷ 1.762

                     = $1.088

6th Year PV = $1 × (1 + 0.20)^2 × (1 + .10)^3 × (1.05) ÷ [(0.12 - 0.05) × (1+.12)^5]

= $1 × (1.44) × (1.331) × (1.05) ÷ (0.07) ×  (1.762)

= $2.012 ÷ 0.1233

= $16.318

Now

Share’s Current Value is

= $1.071 + $1.148 + $1.127 + $1.107 + $1.088 + $16.318

= $21.859

We simply applied the above formula

5 0
3 years ago
An investor wishes to buy a new issue of U.S. Government agency bonds. You recommend that the customer purchase Federal Farm Cre
Aleks04 [339]

Answer:

The question is missing the below options:

A. par value

B. par value less a discount

C. par value plus a mark-up

D. par value plus a commission

The correct option is A, par value

Explanation:

Securities such as the Federal Farm Credit System bonds are usually sold to the public through a chain of issuing houses consisting of bank and brokers who traditionally sell to the public at par value.

The consequence of selling at par is that these issuing houses charge a percentage of par value as their commission before remitting the balance to the beneficiary of bonds issuance.

In other words, the agency issuing the bonds must consider the commission payable before deciding on the bonds to be issued.

4 0
3 years ago
Toys Unlimited has the following cost data available. Direct Materials are $99 per unit. Direct Labor is $55 per unit. Variable
r-ruslan [8.4K]

Answer:

c. $229

Explanation:

To compute the total absorption cost per unit we do the following,

Absorption of fixed costs = Fixed costs / units produced

Absorption cost = 200,000 / 4000 = $50/unit

Total cost of each individual unit = 99 + 55 + 25 + 50 = $229

This includes direct material, direct labor, manufacturing overhead and the fixed absorption cost.

With absorption costing we take all the goods produced in a period as denominator for the Fixed costs.

Hope that helps.

5 0
4 years ago
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