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Luda [366]
3 years ago
5

A company is going to be performing an initial offering. The offering will be limited to one state. The company has no intention

of registering at the federal level. How would this offering typically be registered according the Uniform Securities Act?
[A] This company should go through the coordination process in order to register.
[B] This company should perform a notice filing with the state in which the offering is taking place.
[C] This company should go through the qualification process in order to register.
[D] This company should file with the state in which the offering is taking place.
Business
1 answer:
Marina86 [1]3 years ago
3 0

Answer:

C) This company should go through the qualification process in order to register.

Explanation:

Since this company will only offer its new shares in one state, then it can avoid the registration processes related to the federal level (Uniform Securities Act). The state level registration process is the qualification process. So this is the only process the company must follow and it will avoid the coordination process and the notice filing.

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An individual who has NO prior experience in starting up a business, inheriting a business or purchasing a business.
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Answer:

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Explanation:

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4 0
3 years ago
For the current year temporary differences existed between the financial statement carrying amounts and the tax basis of the fol
Veseljchak [2.6K]

Answer:

Income Tax Expense (Dr.) $49,080,000

Deferred Tax Liability (Cr.) $49,080,000

Explanation:

Income tax expense = ( Taxable Income for the year + building and equipment taxable amount + Prepaid Insurance - Liability or contingency Loss ) * Tax rate

Income Tax expense = ( $117,000,000 + $14,700,000 + $2,300,000 - $11,300,000) * 40%

Income Tax expense = $49,080,000

8 0
3 years ago
Quizlet: Under autarky, consumer surplus is represented by the area
solong [7]

Answer:

The correct answer is option c.

Explanation:

Autarky can be defined as a situation where a nation is self-sufficient and does not trade internationally. Consumer surplus is the difference between the maximum price a consumer is willing to pay and the price he actually has to pay.  

In the case of autarky, the consumer surplus id the area below the demand curve and above the equilibrium price. The producer surplus is the area above the supply curve and below the equilibrium price.

5 0
3 years ago
Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv
brilliants [131]

Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr  $13,931

                To Allowance for doubtful debts $13,931

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% - $2,921

= $13,931

b. a. Bad debt expense A/c Dr  $17,722

                To Allowance for doubtful debts $17,722

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% + $870

= $17,722

5 0
3 years ago
As an accountant for hartley enterprises, you are responsible for preparing the statement of cash flows. you have transactions f
Ganezh [65]

"Cash flow from financial activities" is the heading." This section of the cash flow statement displays all of your company's financing activity, including equity, loan, and dividend transactions.

<h3>What is cash flow statement?</h3>

A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.

It also includes all cash outflows for business and investment operations over a set period of time.

Thus, "Cash flow from financial activities" is the heading.

For more details about cash flow statement, click here

brainly.com/question/21306581

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5 0
2 years ago
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