1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
14

Acme company has just completed the incorporation process and received its articles of incorporation from the state. at the firs

t organizational meeting of the new company, the officers' most important task is to amend the articles of incorporation adopt bylaws determine the details of the stock sale create a hiring policy
Business
1 answer:
lana66690 [7]3 years ago
6 0
The answer is adopting bylaws. In addition, unlike the articles of incorporation the bylaws are not public records and classically do not have to be gather in a line with any governmental unit. The bylaws will be accepted by the directors of the corporation at their first board meeting or accepted by the deed of incorporator and then accepted at the first board conference.
You might be interested in
A method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to prod
igomit [66]

Answer: Land Residual Method

Explanation:

Land residual method of site evaluation is the method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to produce an indication of the land's contribution to the total property.

This particular method uses income as being the basis for value and is used in appraising income producing properties.

4 0
3 years ago
ABC Corporation, has an issue of preferred stock outstanding that pays a $2.50 dividend every year in perpetuity. This stock iss
Liono4ka [1.6K]

Answer:

the required return on the preferred stock is 3.33%

Explanation:

The computation of the required return on the preferred stock is shown below:

= Dividend ÷ Selling price per share

= $2.50 ÷ $75

= 3.33%

Hence, the required return on the preferred stock is 3.33%

We simply applied the above formula

8 0
3 years ago
Ayayai Inc. had the following balance sheet at December 31, 2019.
Mrrafil [7]

Answer:

(a) Increase in cash = $50,200

(b) Total Assets =  Liabilities and Stockholders' Equity = $298,900

Explanation:

Note: There are errors as date and name inconsistency in the requirements in this question. The requirements are therefore correctly stated before answering the question as follows:

(a) Prepare a statement of cash flows for the year 2020 for Ayayai Inc.

(b) Prepare the balance sheet as it would appear as of December 31, 2020.

The explanation of the answer is now provided as follows:

(a) Prepare a statement of cash flows for the year 2020 for Ayayai Inc.

Note: See part (a) of the attached excel file for the statement of cash flows for the year 2020 for Ayayai Inc.

In the attached excel file, we have:

Increase in cash = $50,200

(b) Prepare the balance sheet as it would appear as of December 31, 2020.

Note: See part (b) of the attached excel file for the balance sheet as it would appear as of December 31, 2020.

In the attached excel file, we have:

Total Assets =  Liabilities and Stockholders' Equity = $298,900

Download xlsx
8 0
3 years ago
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished g
Korolek [52]

Answer:

\left[\begin{array}{ccc}-&Q2&Q3\\Sales&327,000&221,000\\Ending&132,600&153,600\\Beginning&196,200&132,600\\Production&263,400&242,000\\\end{array}\right]

Explanation:

Ending: 60% of nex quearter

q3 221,000 x 60% = 132,600 ending of q2 (therefore beginning of q3

q4  256,000 x 60% = 153,600 ending of q3

begining of q2 is ending of q1 196,200

Production:

sales + desired ending inventory - beginning units

3 0
3 years ago
Suppose an apartment complex converts to a condominium, so that the former renters are now owners of their housing units. Suppos
Lorico [155]

Answer:

GDP is likely to remain same as a result of this conversion.

Explanation:

GDP is the total value of goods & services, produced by an economy, during a given year.

It can be calculated by 2 methods

  • By Expenditure method : GDP = Private Final Capital Expenditure + Govt. Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
  • By Income method : NDP = Compensation of Employees + Operating Surplus (Rent + Profit + Income) + Mixed Income

Given case - Converting a rented apartment into a resident owned condominium , with value of housing services = rent formerly paid :

This brings no change in the GDP, as : The apartment 'rent' previously paid was included in 'operating surplus' of national income, by Income method. And, the equal condominium value is now included in investment addition i.e 'Gross domestic capital formation' , by Income method.

6 0
3 years ago
Other questions:
  • "A customer holds 10 ABC Jan 60 Call contracts. ABC Corporation is paying a 20% stock dividend. On the ex date, the contracts wi
    12·1 answer
  • During downsizing, the HRM function must "surgically" reduce the workforce by cutting only the workers who are less valuable in
    12·1 answer
  • Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are $45,000. The dollar amo
    5·1 answer
  • Activity-based costing (ABC) systems ________. A. Unselected have the same cost allocation system as plantwide and departmental
    5·1 answer
  • When Motorola first entered the Mexican marketplace, the company wanted direct control of salespeople in major urban markets but
    12·1 answer
  • Write about your last week ( over 50 words)​
    7·2 answers
  • 1203+345=<br><br> ............
    9·1 answer
  • The managers at Camphor Plastics decided that their firm needed to diversify because of overall falling sales and lower performa
    12·1 answer
  • True or false: enterprise operations systems work in conjunction with the firm's erp system to provide specific functionality to
    13·1 answer
  • Business cycles examine ______________ time horizons, while growth theory focuses on _____________ time horizons.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!