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3 years ago

A primary disadvantage of the corporate form of organization is:

Business

1 answer:

yaroslaw [1]3 years ago

4 0

Answer:

Corporate earnings are subject to double taxation.

Explanation:

A corporation can be defined as a business that is owned by its shareholders. These various shareholders have the responsibility of putting in place board of directors to supervise the daily activities of the organization.

The ownership of a corporation by shareholders is fully represented by their shares of stock.

Corporate form of business organization assures the owners of their personal asset protection. Various organisations operating in a corporate form find it easier to borrow money, this provides a wide opportunity for the growth of the company.

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The inventory subsidiary ledger is used a.to keep track of inventory sold. b.to keep track of proper inventory maximum and minim

Serggg [28]

Answer:

All of these choices are correct

Explanation:

The inventory subsidiary ledger is used to keep track of the true inventory levels all the time in a company and whether inventory goes missing or not, they keep track of every movement of inventory that happens in a company.

6 0

3 years ago

Read 2 more answers

Anheuser-Busch InBev Companies, Inc., reported the following operating information for a recent year (in millions of dollars): N

qwelly [4]

Answer:

a) Break even = 480.5 units ≈ 481 Million units

b) Breakeven = 8,014,162,500 units

Explanation:

calculations are in millions

Breakeven = fixed costs / contribution per unit

selling price per unit = $47063/400 = $117.66

Variable cost = ($18756*75%) + ($31755*50%) = $14067 +15877.50 =$29944.5/400 units =$74.86

contribution = $117.66-$74.86 = $42.80

fixed costs = ( $18756*25%) +( $31755*50%) = $4689 + 15877.50 = $20566.50

Breakeven = $20566.50/$42.80 = 480.5 units

b) calculations

fixed costs = 20,566,500 + 300,000,000

= 320,566,500

break even = $320,566,500 /0.04

= 8,014,162,500 units

4 0

3 years ago

Michael's, Inc., just paid $2.60 to its shareholders as the annual dividend. Simultaneously, the company announced that future d

mixas84 [53]

Answer:

$65.37

Explanation:

Calculation for how much are you willing to pay today to purchase one share of the company's stock

Using this formula

P/0 = D0 ( 1 + g ) / R-g

Let plug in the formula

P/0 = $2.60 (1 + .056) / .098 - .056

P/0 = $2.60 (1 .056)/0.042

P/0=$2.7456/0.042

P/0=$65.37

Therefore how much are you willing to pay today to purchase one share of the company's stock will be $65.37

6 0

3 years ago

If closing costs of $1,400 are associated with the refinance of reduce the monthly payment fro m $980 to $870 refinance, it woul

Anna71 [15]

Answer:

time take = 13 months

so correct option is C.)13

Explanation:

given data

closing costs = $1,400

monthly payment reduce = $980 to $870

to find out

Time to cover cost

solution

we know here monthly payments after reduction will be

monthly payments = $980 - $870

monthly payments = $110

time taken is = $\frac{closing\ costs}{monthly\ payments}$ .........1

time taken is = $\frac{1400}{110}$

time take is = 12.727273

time take = 13 months

so correct option is C.)13

8 0

3 years ago

During March, Hanks Manufacturing started and completed 30,000 units. In beginning work in process, there were 5,000 units 60 pe

Delvig [45]

Answer:

Equivalent units

Materials= 40,000 units

Conversion= 36,000 units

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion cost between work progress and completed work

Equivalent units = Degree of work done(%) × units of inventory

Conversion cost

Item equivalent units

Opening inventory 40% × 5,000 = 2,000

Fully worked units 100% × 30,000= 30,000

Closing inventory 40%× 10,000= 4,000

Total equivalent unit 36,000

Notes

The following notes explains the computation of the items of equivalent unit for conversion cost:

1. DOC for opening inventory is 40% i.e 100%-60%. Remember that 60% work has been done in the previous period, so the balance is to be done in this current period

2. Fully work represent the units of inventory introduced in the current period and completed in the same period. Meaning 100% work was achieved in the period.

3. Closing work is only 40% completed. This represent work started this period but not yet completed.

Material cost

Item equivalent units

Opening inventory 0% × 5,000 = 0

Fully worked units 100% × 30,000= 30,000

Closing inventory 100%× 10,000= 10,000

Total equivalent unit 40,000

Notes

The following notes explains the computation of the items of equivalent unit for Material cost:

1. DOC for opening inventory is 0% i.e 100%-1000%. Remember that materials are added at the beginning. Hence all the materials required for the opening inventory had been added in the previous period

2. Fully work represent the units of inventory introduced in the current period and completed in the same period. Meaning 100% materials was added in the period.

3. All the materials required for the closing inventory were added in this period, hence, 100% degree of completion was used

Equivalent units

Materials= 40,000 units

Conversion= 36,000 units

5 0

3 years ago