Answer:
For every $1 of total assets, $1.73 worth of sales are generated.
Explanation:
The dollars worth of sales generated for every $1 of total assets can be calculated using the Total Assets Turnover formula.
Total assets turnover = Net Sales / Net Total Assets
To calculate this, we need to find the value of total assets.
The working capital is made up of current assets less current liabilities.
Thus, the current assets will be = Current liabilities + net working capital
Current Assets = 820 + 510 = 1330
Total Assets = 1330 + 2256 = $3586
So total assets turnover = 6200 / 3586 = 1.7289 rounded off to 1.73.
Answer:
The correct answer is A) Regular corporation or C corporation
Explanation:
Because Candance and Martha want to sell shares, they have to form a corporation, be it a C Corporation or an S Corporation, however, they also want to avoid double taxation, therefore, they have to form a C Corporation.
A C Corporation or Regular Corporation is taxed on the income it makes, and nothing else, the profit after deducting taxes is not taxed again. A S Corporation, on the other hand, is taxed both on income and profit.
Answer:
investment advisers
Explanation:
Institutional buyers are knowledgeable and experienced investors who require less regulatory protection than regular investors. Institutional investors include sophisticated investors such as pension schemes, banks, trust funds, or any other entity composed of accredited investors.
Institutional investors will usually deal in large volumes of investments worth millions of dollars. They have enormous resources which may come from public saving such as deposits and insurance premiums. Investments advisers do not necessarily engage in a high-value part in dealings. Their primary role is to offer investment advice to unsophisticated investors.
