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Gnoma [55]
3 years ago
15

Niki owns O.K. Oil Corporation. Niki uses O.K.'s funds to pay her personal expenses, creates Pure Fuel Corporation to engage in

the same business as O.K., transfers O.K.'s assets to Pure Fuel, and petitions O.K. into bankruptcy. This most likely warrants _________.
Business
1 answer:
Misha Larkins [42]3 years ago
4 0

Answer:

a bonus to Niki for financial maneuvers.

Explanation:

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Follow = Multiple thanks ​
Liono4ka [1.6K]

Welcome welcome welcome

6 0
3 years ago
Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The foll
larisa86 [58]

Answer:

DM Cost per Equivalent unit: 4.25

Explanation:

22400 beginning  60% materials 20% conversion

140,000 started

33600 ending 90% materials 40% conversion

Beginning Inventory

DM 71,160

DL 26,610

MO 20,110

Conversion Cost  46,720

Cost during the month

DM 618,800

DL 241,330

MO 513,600

Conversion Cost 754,930

Equivalent units Materials

22,400 * .4     8,960

140,000       140,000

33,600 * .1    (3,360)

                  145,600

DM Cost per Equivalent unit: 4.25

7 0
3 years ago
You have a current credit card balance of $450.00, which you are paying off so you can close the account. No new purchases have
lesantik [10]

Answer:

It's Best to Pay Your Credit Card Balance in Full Each Month

Explanation:

Leaving a balance will not help your credit scores—it will just cost you money in the form of interest. Carrying a high balance on your credit cards has a negative impact on scores because it increases your credit utilization ratio.

5 0
3 years ago
How is insurance a trade-off between risk and cost?
Solnce55 [7]

<u>Explanation:</u>

Risk is involved in all types of investment the higher risk yields higher returns while lower risk yields lower returns. The trade off which the investor faces in making investment decisions is the risk return trade off.

In insurance the cost of risk includes the expected losses which are uncertain.  The trade off which is provided by insurance can be direct and indirect losses, internal risk reduction and residual uncertainty.  Insurance reduces the expected losses and eliminate the risk of loss by providing cover the cost of which depends on the nature of the risk.

8 0
3 years ago
Johnny is paid a salary of $ 9000. At the end of​ November, his cumulative gross earnings were $ 99000. How much will his employ
zmey [24]

Answer:

558

Explanation:

Since his monthly salary is $9,000

6.2% is the percentage of his salary that he will pay as social security tax while the Employer pays the other 6.2% making 12.4% in total

The amount to be taken out of his salary for social security for the month of December will be

6.2% * 9000= $558

3 0
3 years ago
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