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3 years ago

Equities are claims of ownership in a corporation. Please select the best answer from the choices provided T F

1 answer:

3 0

That statement is True.

The amount of equities that you own in a corporation is depended on how much stock you own in that corporation. The more equity you own, the more influence you have in that corporation. If you have more than 50 % equity in a corporation, that corporation basically have to follow whatever decision you made.

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I would like to set up a company that has operational flexibility and tax efficiencies, but I would also like reduce my personal

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Aisisiizuddyhee. Shsdiuejebsvz

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3 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

jasenka [17]

Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

2019 2018

Sales $7,906,000 $6,726,000

Accounts receivable

Beginning balance $600,000 $540,000

Ending balance $580,000 $600,000

Accounts receivable $590,000 $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

= $590,000

Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2

= $570,000

7 0

3 years ago

What percentage profit is made on a sale if the selling price is $225,000 and the purchase price is $190,000?

IgorLugansk [536]

The percentage profit = 18%

A profit is made on sale with selling price more than the purchasing price. The purchasing price is also known as the cost price.

Given the selling price = $225000

and the purchasing price = $190000

Since the selling price is more than the purchasing price, there is obviously a profit gained.

Now profit amount = Selling price - Purchasing price

= 225000-190000 = $35000

Profit percentage = (Profit / Purchasing price) x 100%

= (35000 / 190000) x 100%

= 18.42%

Learn more about profit at brainly.com/question/19104371

#SPJ4

5 0

2 years ago

An insurance firm agrees to pay you $3,310 at the end of 20 years if you pay premiums of $100 per year at the end of each year f

azamat

Answer:

6.43%

Explanation:

The internal rate of return shall be determined by the Insurance firm using the following mentioned method:

Cash flows Year involved Present [email protected]% Present [email protected]%

($100) 1-20 ($851) ($1,487.75)

$3,310 20 $492 $1,832.67

($359) $344.92

IRR=A%+ (a/a-b)*(B%-A%)

A%=10% a= ($359) B%=3% b=$344.92

IRR=10%+(-$359/-$359-$344.92)*(3%-10%)

=6.43%

3 0

3 years ago

A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to

solniwko [45]

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

7 0

3 years ago