<u>Answer:</u>
Corporations are the best business structure for most of business entrepreneurs. Sole Proprietorships offer no security at all. Partnerships are perplexing and liable to twofold tax assessment.
The benefit of sole ownership is what's called go through tax collection. The Sole ownership pay goes this through right to the proprietor's individual assessment form. This implies no corporate assessment form and no twofold tax assessment. Sole ownerships are additionally significantly simpler to set up, and they have adaptable administration.
Answer:
$12
Explanation:
The computation of the value of the share is shown below:
Value of the share is
= Dividend ÷ (Required rate of return - shrinking rate)
where,
The Dividend is $3
The Required rate of return is 15%
And the shrinking rate is 10%
Now placing these values to the above formula
= $3 ÷ (15% - (-10%)
= $3 ÷ 25%
= $12
Answer:
The answer is by charging lower price on remaining three ticket (any ticket price above $0)
Explanation:
As company is not giving any refreshment so it not incurring any variable cost. So here sales is equal to contibution and every single dollar revenue generated is a contribtion towards fixed cost and targeted profit. So by decreasing sale price on remaining tickets company will be able to sell them and this sale will result in more profit to the company.
Under absorption costing the cost per unit of goods includes the element of fixed cost thus when goods are not sold a portion of fixed costs gets deferred to the next accounting period, thus as can be observed $10 of 1000 units has been deferred to the next period, hence the net profit under absorption costing will be $10000 ($10*1000) higher.
Under Variable costing the fixed cost for the period will be incurred in the same period as they are not included in the per unit cost.
Thus from the above observation absorption costing net operating income would be higher than its variable costing net operating income by $10000.
Answer:
D. Are not likely to achieve full convergence of accounting standards in the near future.
Explanation:
FASB and IASB has joined hands to work together and achieve full convergence. This agreement was signed in 2002, but yet the full convergence has not been achieved. Though both the organisations are still working on the same.
They have not combined their organizations as to form a single organization and work on BUSY format, thus, statement A is not correct.
As they intend to work together statement C is also not correct.
As full convergence is not yet done, Statement B is also not correct.
Accordingly, Statement D is correct.