Answer: Corporate Charter
Explanation:
The Corporate Charter is a very important document that a company must fill when incorporating a business.
Even though the details vary per company based on the type of company it is as well as its size, generally the following have to be included;
- the name of the proposed corporation,
- types of activities the company will be involved in,
- amount of capital stock,
- number of directors, and
- names and addresses of the directors, is called the corporate
Answer:
The best overall price will be the bank offer because the cash disbursement are lower. Zara is looking for the cheapest overall price, which means the less cash disbursement regardless of the interest.
Explanation:
For the dealer option we need to calculate the cuota for an annuity of 66 month at 1.9% rate which a present value of 24,145 - 4,000 = 20,145
The cuota for the dealer will be 321.69447 = 321.69
321.69 x 66 = 21231.54 overall cash price
Bank couta will be the annuity of 48 months at 3.50%
here we are using the cash rebate so 24,145 - 4,000 - 750 = 19,395
Cuota from the Bank 431.01181 = 431.01
431.01 x 48 = 20688.48 overall cash price
Answer:
Monthly payments = $1845.65
Explanation:
Rate = 0.08/12 = 0.0067
Nper = 20*12 = 240
Pv = $220,000
Fv = $0
Type = Ending (0), Beginning (0)
Monthly payments = PMT(rate, nper, -pv, -fv, type)
Monthly payments = PMT(0.0067. 240, -220,000, -0, 0)
Monthly payments = 1845.648653
Monthly payments = $1845.65
Answer:
$105,000
Explanation:
Given that,
Sales budget for next month = $250,000
Cost of goods sold is expected to be 40% of sales.
Beginning inventory = $20,000
Desired ending inventory = $25,000
Beginning accounts payable = $52,000
Purchases for next month;
= Cost of goods sold + Desired ending inventory - Beginning inventory
= (40% × $250,000) + $25,000 - $20,000
= $100,000 + $25,000 - $20,000
= $105,000
So the correct option is D, Because increases in any account are often bigger than losses, accounts with normal balances are on the side where increases go. As a result, the owner's drawing, spending, and asset accounts typically have negative balances. Accounts for liabilities, income, and owner capital typically have credit balances.
What is Financial Statement?
Financial statements are written documents that convey the business activities and the financial performance of a corporation. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four primary financial statements for for-profit entities. Nonprofit organizations employ a comparable but different set of financial statements.
To learn more about Financial Statement
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