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andrey2020 [161]
3 years ago
8

DDX Co. is a short-haul trucking company. Juan owned 1,000 shares of DDX stock. With research, he found a better investment oppo

rtunity and sold his entire holding of DDX to another investor.This an example of: proprietorship, LLC/LLP, corporation, or partnership?
Business
1 answer:
Lina20 [59]3 years ago
3 0

Answer and Explanation:

This is an example of corporation. Corporation is a legal entity wherein it goes public and offers its shares for ownership and trading in the primary and secondary market. Corporation is public limited company and has a board consisting of executives and CEO. Whereas, the shareholders do not interfere with the management decisions they are only concerned with their dividends.

In this case, Juan owned 1000 shares of DDX. DDX is a corporation because it is able to offers its shares to the general public and allows trading of shares for ownership.

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Granfield Company has a piece of manufacturing equipment with a book value of $36,000 and a remaining useful life of four years.
erastovalidia [21]

Answer:

Effect on income= -$18,000

Explanation:

Giving the following information:

Granfield Company has a piece of manufacturing equipment with a book value of $36,000 and a remaining useful life of four years. At the end of the four years, the equipment will have a zero salvage value. The market value of the equipment is currently $21,200. Granfield can purchase a new machine for $112,000 and receive $21,200 in return for trading in its old machine. The new machine will reduce variable manufacturing costs by $18,200 per year over the four-year life of the new machine.

Year 0= -112,000 + 21,200= -90,800

Year 1 to 4= 18,200*4= 72,800

Effect on income= -90,800 + 72,800= -18,000

7 0
3 years ago
Algebra with pizzazz why are small balloons cheaper than large balloons
Afina-wow [57]
Small balloons are cheaper than large balloons because THERE'S BEEN LESS INFLATION.

I found this answer after answering a series of polynomials that has to be factored. I'm not really that sure, but the formation of the letters made me deduce the answer. 

to check, see attachment and answer the polynomials yourself.
Download pdf
7 0
2 years ago
Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
igor_vitrenko [27]

Answer:

Estimated manufacturing overhead rate (Meeting with clients)= $170 per hour

Explanation:

Giving the following information:

Activity Cost Pool -  Total Cost -  Total Activity

Researching legal issues $ 22,130 and 750 research hours

Meeting with clients $ 1,270,410 and 7,473 meeting hours

Preparing documents $ 93,490 and 5,850 documents

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate (Meeting with clients)= 1,270,410/7,473= $170 per hour

3 0
3 years ago
What is the speed of a wave if the wavelength is 100 m and the frequency is 20 Hz?
zmey [24]
The anwser 1,000m/s. Good Luck.

6 0
2 years ago
You have decided that you want to attend a costume party as Black Panther. You estimate that it will cost $40 to assemble your c
Agata [3.3K]

Answer:

$25

Explanation:

Based on the information given if it was estimated that it will cost the amount of $40 in order to assemble the costume which means that After spending the amount of $40 on the costume and you realize that the additional pieces that you will need will still cost extra amount of $25 , that simply means that the MARGINAL COST of you completing the costume will be the extra amount of $25 .

4 0
2 years ago
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