All categories

3 years ago

Question 6

Business

1 answer:

AleksAgata [21]3 years ago

6 0

Answer:

The answer is,

O To raise money for the corporation.

Explanation:

Issuing share is a method of financing for a corporation. Company can borrow money from external parties such as banks or issue debentures as well. However, the cost of such borrowings tends to be higher than issuing equity stocks and there are many legal necessities as well in such a process.

You might be interested in

In the United States many farms are integrated into a large food-production industry. This is known as:

Zielflug [23.3K]

Agribusiness, i believe is your answer

hope this helps :)

8 0

3 years ago

Read 2 more answers

Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat

Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income = Sales revenue × Profit margin

= $2,150,000 × 7%

= $150,500

Return on assets = Net income ÷ total assets

= $150,500 ÷ $750,000

= 0.2006

= 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

4 0

3 years ago

Wilson has a 40 percent interest in the assets and income of the CC&W Partnership, and the basis in his partnership interest

laila [671]

Answer:

a. $24,000

b. $9,000

Explanation:

a. The amount of income or loss from the partnership is limited to the share of the loss rather than its partnership interest

In the given case, the partnership interest is $45,000 and the share of his loss is $24,000

So, $24,000 is reported in his individual income tax return

b. The computation of the Wilson's basis in his partnership interest is shown below:

= Basis in his partnership interest - share of the loss - cash distribution received from the partnership

= $45,000 - $24,000 - $12,000

= $9,000

3 0

3 years ago

During the year, direct labor costs of $30,000 were incurred, manufacturing overhead totaled $42,000, materials purchased we

andriy [413]

Answer:

Total Manufacturing Cost = $96,347

Explanation:

Total manufacturing cost include all the costs related directly to the production, and does not include any indirect costs, or cost of selling and administration.

Thus, for the information provided we have,

Since not provided assumed no opening and closing inventory.

Total manufacturing cost =

Direct Labor Cost $30,000

Add: Manufacturing Overhead $42,000

Add: Materials Purchased $27,000

Less: Indirect Material included = ($2,653)

Total Manufacturing Cost = $96,347

4 0

3 years ago

Roland has developed and patented an inexpensive and organic way to enhance the fertility of clay soils without the addition of

igor_vitrenko [27]

Answer:

Answer is option b, i.e. Passion for his invention.

Explanation:

Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.

3 0

3 years ago