The person who receives financial protection from a life insurance plan is called a beneficiary. I hope that I helped, Have a wonderful day!
A temporary team formed to solve a problem, realize an opportunity, or design a product or service.
<h3>
What is a task force?</h3>
- A task force is a team of individuals who have been given the temporary assignment to collaborate in order to accomplish a very specific and well-defined goal.
- A temporary team formed to solve a problem, realize an opportunity, or design a product or service.
- For instance, a drug task force operates separately from a police force to deal with concerns pertaining to the production, distribution, and use of illicit narcotics.
<h3>What is collaboration?</h3>
- Collaboration is the process of two or more parties cooperating to carry out a task or realize an objective.
- Cooperation and collaboration are comparable.
- Leadership is a necessary component of most collaborations, albeit it can take the form of social leadership within an egalitarian, decentralized group.
Therefore, the task force is a temporary team formed to solve a problem, realize an opportunity, or design a product or service.
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Answer:
The correct entries would as follows:
Dr Organization/legal fees(3000*$4.5) $13,500
Cr Common stock($1*3000) $3,000
Cr paid in capital in excess of par($4.5-$1)*3000)) $10,500
Explanation:
The total cost incurred has increased to $13,500 since the stock needs to be recorded at its fair value on the date of the agreement and the approximate fair value is the market price.
As a result,legal fees expenses is debited with $13,500 while the common stock account is credited with par value of $1 per share and the excess over par value of $3.5 is credited to paid in capital in excess of par.
Answer:
consumer culture
Explanation:
Consumer culture correlates social values, ethnic status and social activities with the consumption of goods and services.
The concept behind consumer culture is to link the eating and consuming habits with that of social lifestyle. Taking McDonald's as an example, it is pertinent for a global corporation to respect religious and social limitations of its consumers. As a result of this, we see different menu all over the world. The example is McDonald's does not offer beef burgers in India.
Answer:
$10.88
Explanation:
The value of private shares can be approximately gotten from various methods such as comparing valuation ratios, discounted flow analysis, net tangible assets, and so on.
Given that:
value of private company stock = $13.44 per share
Expected control premium = 12% = 0.12
Marketability discount = 15% = 0.15
Discount for key person = 15% = 0.15
Value per share = value of private company stock [(1 + expected control premium)(1 - Marketability discount) × (1 - discount for key person)]
= $13.44 [(1 + 0.12) × (1 - 0.15) × (1 - 0.15)]
= $10.88
