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3 years ago

A disadvantage of the corporate form of business entity is

Business

1 answer:

lapo4ka [179]3 years ago

3 0

Answer:

A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.

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1._____________is the difference between earned income and costs. 2. An organization that produces or distributes a good or serv

Anestetic [448]

Answer:

1. Profit

2. Business

Explanation:

Profit may be defined as the income which is distributed to the owner in the production process of a profitable market. In other words it is the extra revenue generated by the company that is in excess of the money spend as expenses. It is the difference between the earned income and the costs.

Business is a regular work or occupation or trade of a person. It refers to an organized efforts as well as the activities of any individual to produce the goods and services and sell them for a profit.

7 0

3 years ago

Final Finishing is considering three mutually exclusive alternatives for a new polisher. Each alternative has an expected life o

valkas [14]

Answer:

1. 18.09%

2. 12%

3. 20.02%

Explanation:

As the MARR is 15%, we will accept projects which have IRR more than 15%. As the projects are mutually exclusive, we will choose only one project.

An IRR (Internal Rate of Return) is the rate which makes the NPV (Net Present Value) = ZERO.

The formula to calculate IRR is: 0 = P0 + P1/(1+IRR) + P2/(1+IRR)2 + P3/(1+IRR)3 + . . . +Pn/(1+IRR)n where P0 = Initial cash outflow

And P1, . . . Pn equals the cash inflows in periods 1, 2, . . . n, respectively.

1) IRR of project 1:

0 = -$20,000 + $4,465/(1+IRR)1 + $4,465/(1+IRR)2 + $4,465/(1+IRR)3 + . . . + $4,465/(1+IRR)10

Solving for IRR we have = 18.09%

2) IRR of project 2:

0 = -$10,000 + $1,770/(1+IRR)1 + $1,770/(1+IRR)2 + $1,770/(1+IRR)3 + . . . + $1,770/(1+IRR)10

Solving for IRR we have = 12%

3) IRR of project 3:

0 = -$15,000 + $3,580/(1+IRR)1 + $3,580/(1+IRR)2 + $3,580/(1+IRR)3 + . . . + $3,580/(1+IRR)10

Solving for IRR we have = 20.02%

We will choose project 3 as it has the highest IRR.

8 0

3 years ago

Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?

stepladder [879]

Selma’s new balance will be $378.42. A paycheck also known as a pay check or pay cheque, is a paper document issued by an employer to pay an employee for services rendered. However, the physical paycheck is increasingly being replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.

Employees may still receive a pay slip detailing the final payment amount calculations. A salary statement, also known as a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes or is attached to the paycheck.

Each country has laws governing what information must be included on a payslip .

To learn more about paycheck, click here

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5 0

2 years ago

A business issued a 120-day, 5% note for $84,000 to a creditor on account. Journalize the entries to record (a) the issuance of

sveta [45]

Answer:

a. Issuance of note:

Date Account title Debit Credit

XX-XX Accounts Payable $84,000

Notes Payable $84,000

b. The payment of the note at maturity, including interest. Assume a 360-day year.

Interest payment = 84,000 * 5% * 120/360

= $1,400

Date Account title Debit Credit

XX-XX Note Payable $84,000

Interest payable $1,400

Cash $85,400

3 0

3 years ago

The _____________ is the contract that seals the deal when you buy a car.

solmaris [256]

The answer is a loan agreement because you agreed to by the car

8 0

3 years ago