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3 years ago

Which of the following is one of the advantages of forming a corporation?

Business

2 answers:

Ivanshal [37]3 years ago

8 0

Answer:

1) B 2) Nonprofit corporation

Explanation:

1) By forming a Corporation your company will have uncountable partners, after making an IPO Initial Public Offer in Stock Market. That's why Corporations, among other reasons, can raise more money than other companies.

So, it's B, The ability to sell stock to raise funds

2) A nonprofit organization must reinvest its eventual profits, in the Corporation. By law, and specific regulations, these companies must solely reinvest in themselves.

So, it's A nonprofit corporation.

s344n2d4d5 [400]3 years ago

5 0

B a non-profit corporation

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On January 1, 2015, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a sal

anzhelika [568]

Answer:

Dr Fixed asset equipment_________$10000

Cr Cash_______________________________$10000

purchased equipment

Dr Depreciation expense____________$1800

Cr Acummulate Depreciation_______________$1800

Anual depreciation

Explanation:

Dr Fixed asset equipment_________$10000

Cr Cash_______________________________$10000

purchased equipment

Dr Depreciation expense____________$1800

Cr Acummulate Depreciation_______________$1800

Anual depreciation

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3 years ago

A manufacturing company has budgeted direct labor hours of 600 at a variable overhead rate per direct labor hour of $20. The bud

LekaFEV [45]

Based on the labor hours and the overhead rate as well as the fixed cost, the total budgeted overhead cost will be $12,500.

<h3>What is the budgeted overhead cost?</h3>

This can be found as:

= (Variable cost per labor hour x Number of labor hours) + Fixed overhead cost

Solving gives:

= (20 x 600) + 500

= 12,000 + 500

= $12,500

In conclusion, the total overhead cost that would be budgeted is $12,500.

Find out more on budgeted costs at brainly.com/question/25406806.

3 0

2 years ago

15 points) Assume the following information regarding U.S. and European annualized interest rates: Currency Lending Rate Borrowi

Masja [62]

Answer:

The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

Explanation:

Bank Z borrow = €20 million

Spot rate 1€ = $1.13

Convert € in to $

€20 million *1.13 = $22.60 million

Lend $2,26,00,000 at interest rate of 6.73% for 90 days ( Assume total number of days in a year is 360)

= $2,26,00,000 + $2,26,00,000*(90/360)*6.73%

= $2,29,80,245

We need to find the euro to be repaid = €2,00,00,000 + €2,00,00,000*7.28%*(90/360)

= €2,03,64,000

To be repaid in $:-

€2,03,64,000*1.10 = $2,24,00,400

Profit from speculating in $ = $2,29,80,245 - $2,24,00,400

= $5,79,845

Therefore, The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

5 0

3 years ago

When a firm tries to place its products or services in as many outlets as possible, the density of distribution is referred to a

kompoz [17]

This is intensive distribution. This marketing strategy allows the company to get its product to as many customers as possible. This is in contrast to selective or exclusive distribution methods, in which a company tries to be specific about the markets and persons who are targeted by the product.

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4 years ago

PLEASE HELP ASAP! What is the impact of effective purchasing on an operation’s cash flow?

victus00 [196]

Answer:

Cost reduction; leading to profit for the company/business.

Explanation:

Remember, a cash flow is an indication or indicator of the amount of money coming into and out of a business.

Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.

3 0

3 years ago