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Svetlanka [38]
3 years ago
8

A corporation:A. is ultimately controlled by its board of directors.B. is a legal entity separate from its owners.C. is prohibit

ed from entering into contractual agreements.D. has its identity defined by its bylaws.E. has its existence regulated by the rules set forth in its charter
Business
1 answer:
nekit [7.7K]3 years ago
8 0

Answer: Option (B)

Explanation:

A corporation is referred to as the organization or a group of individuals that have been officially recognized by the federal government or the state in order to operate as the single body and thus is further recognized under the law for particular reasons. Most of the traditional entities in the early days  were formulated by the charter. Nowadays , they are established by registration.

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The price of gasoline is $2.50 per gallon at the closest gas station, but is only $2.30 per gallon at a gas station two miles aw
White raven [17]

Answer:

D

Explanation:

The opportunity cost is the cost that someone have when they decide to do something and not doing another thing. In this case, if she or he decides to go to the farther gas station the opportunity cost is in terms of time, because he or she could spend those minutes (from the actual position to the gas station) doing something else (for example, eating). Cost are also in terms of gas because the gas that he or she spent to go to that gas station, could be used to drive somewhere else.

8 0
3 years ago
The Sullivan Co. needs to raise $65.4 million to finance its expansion into new markets. The company will sell new shares of equ
Dimas [21]

Answer:The Company needs to sell 1.11 million shares.  

Explanation:

Since 8% shares are already taken b underwriters, the Compay needs to sell 92% of shares. So 92% of total amount (65.4 million) is $ 60.168 million. We will divide the amount by price per share of $54 to get amount of shares needed to be sold. So after dividing is $ 60.168 million by $54, we get 1.11 million shares which is the answere.

6 0
3 years ago
Janet decides to sow grass in a rectangular plot of her garden that has a length of 30 ft and height of 25 ft. It costs her $9.5
Serga [27]

Answer:

No

Explanation:

If Janet Decides to make height and base half, then the area is multiplied by 1/4.

New height according to Janet = 25 ft / 2 = 12.5 ft

New Length of garden = 30 ft / 2 = 15 ft

Area of garden = Length x height

= 15 x 12.5

= 187.5  

Total amount spend on this land = Area of garden x Cost

= 187.5 x $9.50

= $1781.25

Therefore, she will have to pay $1781.25

6 0
4 years ago
Innove Tech is a technological firm that wants to build a global service delivery system. It has consulted a larger firm, Ziff C
GarryVolchara [31]

Answer:

Acquisition cost.

Explanation:

When Innove Tech is obtaining the technology from Ziff Corp.they are incurring acquisition cost.

Acquisition cost is the cost incurred for obtaining a property or asset including shipping, installation, taxes, customer fees, and testing.

The total cost of acquisition is what will be recorded as the book value.

For example if a software is purchased for $200,000. Installation and training cost is $30,000, the book value recorded for the software will be $230,000.

4 0
4 years ago
Read 2 more answers
You are considering purchasing a CNC machine which costs $250,000. This machine will have an estimated service life of 14 years
MariettaO [177]

Answer:

$81,301.80

This is the yearly reveneus required to break even the project at 15% return

Explanation:

We need to solve for the equivalent annual cost to break-even financially at 15%

PV of the salvage value

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $15,000.00

time  14.00

rate  0.15000

\frac{15000}{(1 + 0.15)^{14} } = PV  

PV   2,119.9299

list price: 250,000 - quota: 2,119.93 = 247,880.07

<u>Now we solve for the equivallent annuity payment for this:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 247,880.07

time 14

rate 0.15

247880.07 \div \frac{1-(1+0.15)^{-14} }{0.15} = C\\

C  $ 43,301.795

<em><u>Now, we add up the maintenance cost: </u></em>

43,301.80 + 38,000 = 81,301.8

This is the yearly reveneus required to break even the project at 15% return

6 0
4 years ago
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