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3 years ago

What is a private limited company

1 answer:

4 0

A private limited company, or LTD, is a type ofprivately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.

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Alex and J.J. Both apply for two job openings in the same department at a law firm in Chicago. They both interview very well and

denis23 [38]

Solution :

In the context, it is given Alex and J.J. both are applying for a job openings in a law firm at Chicago. Both of them got the job offer but J.J. got lower salary than Alex. The salaries are different for both J.J and Alex. Some of the possible explanations for the difference in salaries that may be related to some scenarios are :

Alex went to higher tier law school ---- difference in education
J.J. is reentering the workforce after two years away --- difference in experiences.
Alex will be working with a notoriously difficult boss --- compensating differentials.
Alex is a man and J.J. Is a woman --- economic discrimination.

8 0

3 years ago

Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flo

vladimir1956 [14]

Answer: Depreciation is tax deductible

Explanation:

Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.

Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.

3 0

2 years ago

On February 1, 2020, Pat Weaver Inc. (PWI) issued 7%, $1,200,000 bonds for $1,500,000. PWI retired all of these bonds on January

OLEGan [10]

Answer:

$55,200 gain

Explanation:

Calculation to determine How much gain or loss should be recognized on this bond retirement

First step is to determine the Book value on date of sale

Book value on date of sale=$1,200,000+$127,200

Book value on date of sale=$1,327,200

Second step is to calculate the Retired value of bonds

Retired value of bonds =$1,200,000*106

Retired value of bonds=$1,272,000

Now let determine the Gain on bonds retirement

Using this formula

Gain on bond retirement=Book value on date of sale-Retired value of bonds

Let plug in the formula

Gain on bond retirement=$1,327,200-$1,272,000

Gain on bond retirement=$55,200 gain

Therefore the amount of gain that should be recognized on this bond retirement will be $55,200 gain

5 0

2 years ago

A monopolistically competitive firm has excess capacity in the long run. This means that it: Group of answer choices produces le

jarptica [38.1K]

Answer:

It means that it produces less than the output at which the average total cost is minimized

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3 years ago

What factors are used in the rule-of-thumb methods to determine the communication budget?.

kvv77 [185]

The factors that are used in the rule-of-thumb methods to determine the communication budget is "Prior sales and communication activities".

<h3>What is rule-of-thumb method?</h3>

The rule of thumb would be a cognitive guideline that offers basic guidelines or guidance that is distilled for a certain topic or course of action.

Some characteristics of rule-of-thumb are-

A general rule of thumb an unofficial practical guidance that offers streamlined rules that generally apply.
Numerous financial rules of thumb provide advice on how much should be saved, how much should be paid for a home, where and how to invest, and other topics.
Rules of thumb may not apply to your specific scenario because they not scientific and don't take into consideration the unique circumstances and demands of each individual.
It is a fundamental principle that provides step-by-step guidelines for carrying out or handling a specific task.
In contrast to scientific study or a theoretical underpinning, rules of thumb typically emerge through experience and practice.

To know more about rule-of-thumb method, here

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3 0

2 years ago