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Archy [21]
3 years ago
15

After the civil war, what became the major form of business organization because of its ability to raise money through the sale

of shares of stock?
Business
1 answer:
Illusion [34]3 years ago
7 0
After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.
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The management of Kawneer North America is considering investing in a new facility and the following cash flows are expected to
Over [174]

Answer:

6.34 years

Explanation:

Year   Cash outflow  Cash inflow  Net cash flow  Cumulative cash flow

1          ($1,900,000)     $95,000       ($1,805,000)          ($1,805,000)

2         ($550,000)       $205,000     ($345,000)             ($2,150,000)

3                                   $360,000     $360,000               ($1,790,000)

4                                   $485,000     $485,000                ($1,305,000)

5                                   $510,000      $510,000                ($795,000)

<u>6                                   $595,000     $595,000               ($200,000)</u>

7                                   $595,000     $595,000                $395,000

8                                   $305,000     $305,000                $700,000

9                                   $255,000     $255,000                $955,000

10                                  $250,000     $250,000                $1,205,000

Payback period = 6 + 200,000/ 595,000

Payback period = 6 + 0.3361345

Payback period = 6.336134

Payback period = 6.34 years

So, the payback period of this uneven cash flow is 6.34 years.

3 0
3 years ago
L Corporation produces and sells 15,100 units of Product X each month. The selling price of Product X is $21 per unit, and varia
swat32

Answer:

If Product X is discontinued, the company’s overall net operating income would: increase by $61,600

Explanation:

                                          Not drop        Drop       Difference

Sales                                   317,100                           317,100

(15100*21)

Less: Variable expenses   <u> 226,500</u>                         <u>226,500 </u>

(15,100 * 15)

Contribution margin            90,600                          90,600

Less: fixed expenses          <u>101,000</u>       72,000      <u>29,000 </u>

Net operating income      <u>-$10,400</u>                         <u>$61600</u>

<u></u>

Conclusion: If Product X is discontinued, the company’s overall net operating income would: increase by $61,600

8 0
3 years ago
On July 1, 2021, Tremen Corporation acquired 30% of the shares of Delany Company. Tremen paid $3,160,000 for the investment, and
Alenkasestr [34]

Answer:

Amount paid to acquire investments                            $3,160,000

<em />

Net income                                             $1,100,000  

Less: Yearly dividends (140,000*4) <u>($560,000)</u>

Income after dividends                          <u>$540,000</u>

Share in income after dividends

for 6 months  ($540,000 * 30% * 6/12)                             <u>$81,000</u>

Balance of investments of Tremen corporation    <u>$ 3,079,000</u>

Hence, the balance of investments of Tremen corporation in Delany company is $3,079,000 .

5 0
3 years ago
Why do people tend to eat more at all-you-can-eat buffet restaurants than at restaurants where each item is purchased separately
harkovskaia [24]
A. is the answer.............
3 0
3 years ago
Kearney, Inc., makes kitchen tools. Company management believes that a new model of coffee grinder would sell well at a price of
IRINA_888 [86]

Answer:

$0.15 hours per unit

Explanation:

Given that

Direct material cost = $16

Assume Direct labor cost = X

Manufacturing overheads = $18

Profit margin = 20%

Direct labor per hour cost = $28

The computation of direct labor-hour input is shown below:-

Total manufacturing cost = X + $34

Total cost of goods sold = (X + $34) × 1.7 = $66

Direct labor cost per unit

= (X + $34) = $38.82

= $38.82 - $34

= $4.32

Direct labor hours per unit = Direct labor cost per unit ÷ Direct labor per hour cost

= $4.32 ÷ $28

= $0.15 hours per unit

3 0
3 years ago
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