Answer: Counter trade
Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.
In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.
Hence from the above we can conclude that they were engaged in counter trade.
The possible management structures and key terms of any operating agreement that must be considered to form an LLC are related to responsibility sharing, as an LLC is a type of entity owned by its partners.
Some features of the LLC are:
- Less formality.
- Tax savings.
- Flexible management.
- Simple organizational structure.
Therefore, the LLC is a single hybrid entity, more streamlined than a corporation, with the advantage that this proprietorship has limited liability protection.
Management is also more flexible, with decision-making being possible to be shared among its members, regardless of hierarchy.
It is also important to highlight the taxes, as in an LLC the taxation is simpler, with the losses and gains being reported in the tax returns, which helps to offset the income.
So this is a more streamlined and protected form of partnership that can be managed by a group of members more securely than a corporation.
It has less formal requirements to exist, and in case of bankruptcy or debt, there is greater protection for each member's personal property, as in an LLC the debts and obligations cannot be greater than the initial capital invested in the company.
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Answer:
Tom and Jerry's
The weight used for common stock in the computation of Tom and Jerry's WACC is:
= 45.22%
Explanation:
a) Data and Calculations:
Common Preferred Bonds
Stock Stock
Outstanding number 2.4 m 2.4 m 14,000
Market price per share $13.40 $10.40 $999.6
Total value $32.16 m $24.96 m $13,994,400
Total value of stock and bonds = $71,114,400
Weight of common stock = $32.16/$71.1144 * 100 = 45.22%
$10 million should be added to net income.
<h3><u>
What is Accounting?</u></h3>
- Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collection organizations as part of the accounting process.
- A company's operations, financial condition, and cash flows are summarized in the financial statements that are used in accounting.
- They provide a succinct summary of financial transactions across an accounting period. One of the most important aspects of practically every firm is accounting.
- Small businesses may have a bookkeeper or accountant manage it, whereas larger corporations may have vast finance departments with many people.
- Management can make wise business decisions thanks to the information produced by many streams of accounting, including cost accounting and managerial accounting.
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Answer:
The Net value of the Note is $4836.44
Explanation:
Days between May 12 to May 31st = 19
Days in June=30
Days in July = 31
Days in August = 10
Total Days=19+30+31+10=90
Loan Interest
4800 * 90/360 * 4.5/100
= $54
Total Amount due = Face Value+Loan Interest
=$4800+54
=$4854
Now the days left in maturity are given as
Days between July 20 and August 10 =21 days
Total Number of Days in the year is 360
Rate of Discount is 6.2% so
4854 * 21/360 * 6.2/100
Discount by bank is $17.56
So the net value of the note is given as
Net Value=Amount Due-Discount
=$4854-$17.56
=$4836.44
So the Net value of the Note is $4836.44