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3 years ago

8. As a generic legal term.

Business

1 answer:

Serga [27]3 years ago

7 0

Answer: C) Corporation

Explanation: A Corporation can be Simply defined as a legal entity who's privileges, liabilities and rights are different or separate from the group of person who created it. That is, if the business get sued to court, what ever the punishment or retribution is, it will not directly affect the owners but the business itself. If the company's car on duty accidentally crashed into a person's shop, the company will pay for it, not the driver or the owners of the business.

So corporation means any group of person with a legal entity.

You might be interested in

How often should you typically monitor your checking account?

Gekata [30.6K]

As often as possible.

7 0

3 years ago

E-mail has replaced memos and letters for many messages and requires the same level of professionalism as print-based documents.

FromTheMoon [43]

It is very important the professional e-mail should be follow proper guidelines of writing it. As professional e-mail reflects your business impression and creating a sense of trust.

Explanation:

The first bracketed number signifies sender and receivers name details and the subject of the email to get a hint of the matter
The second bracketed number is Salutation.
The third number bracket indicates the purpose of sending this professional email or body of the message.
Number four bracket is the middle passage of the e-mail which shows what you have to offer.
Number five is the final paragraph of the e-mail where you say thanks or request the receiver of the email.
Number six is email signature which has details like name, contact details (phone number or e-mail address) and professional site profile (LinkedIn)

6 0

3 years ago

Your firm is considering an investment that will cost $750,000 today. The investment will produce cash flows of $250,000 in ye

den301095 [7]

Answer:

3.241 years

Explanation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $750,000

In year 1 = $250,000

In year 2 = $300,000

In year 3 = $300,000

In year 4 = $300,000

In year 5 = $100,000

And, the discounted rate of return is 10%

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,

rate is 9%

Year = 0,1,2,3,4 and so on

Discount Factor:

For Year 1 = 1 ÷ 1.10^1 = 0.9091

For Year 2 = 1 ÷ 1.10^2 = 0.8264

For Year 3 = 1 ÷ 1.10^3 = 0.7513

For Year 4 = 1 ÷ 1.10^4 = 0.6830

For Year 5 = 1 ÷ 1.10^5 = 0.6209

So after applying the discounting rate, the cash flows would be

In year 0 = $750,000

In year 1 = $250,000 × 0.909 = $227,250

In year 2 = $300,000 × 0.8264 = $247,920

In year 3 = $300,000 × 0.7513 = $225,390

In year 4 = $300,000 × 0.6830 = $204,900

In year 5 = $100,000 × 0.6209 = $62,090

If we sum the first 3 year cash inflows than it would be $700,560

Now we deduct the $700,560 from the $750,000 , so the amount would be $49,440 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $204,900

So, the payback period equal to

= 3 years + $49,440 ÷ $204,900

= 3.241 years

In 3.241 years, the invested amount is recovered.

7 0

4 years ago

The Payback Period Rule states that a company will accept a project if: Multiple Choice The calculated payback is less than thre

LekaFEV [45]

Answer:

The calculated payback is less than a pre-specified number of years.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.

The Payback Period Rule states that a company will accept a project if the calculated payback is less than a pre-specified number of years.

Additionally, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.

7 0

3 years ago

Milden Company is a merchandiser that plans to sell 43,000 units during the next quarter at a selling price of $60 per unit. The

netineya [11]

Answer:

1. Contribution format income statement for the next quarter.

Sales (43,000 units × $60 ) $2,580,000

Less Variable Costs

Cost of Goods Sold ( 43,000 units × $31 ) ($1,333,000)

Sales commissions (6% × 43,000 units × $60) ($154,800)

Shipping expense ( $4.00 × 43,000 units) ($172,000)

Contribution $920,000

Less Fixed Costs

Advertising expense $187,000

Shipping expense $45,000

Administrative salaries $97,000

Insurance expense $10,700

Depreciation expense $67,000 ($406,700)

Net Income/ (Loss) $513,300

2. Traditional format income statement for the next quarter.

Sales (43,000 units × $60 ) $2,580,000

Less Cost of Goods Sold ( 43,000 units × $31 ) ($1,333,000)

Gross Profit $1,247,000

Less Expenses

Advertising expense $187,000

Shipping Expense :

Variable Shipping expense $172,000

Fixed Shipping expense $45,000

Administrative salaries $97,000

Insurance expense $10,700

Sales commissions $154,800

Depreciation expense $67,000 ($733,500)

Net Profit / (Loss) $513,500

Explanation:

The contribution format income statement shows the Contribution instead of Gross Profit. Contribution is calculated as Sales less all Variable Costs.

The traditional format income statement shows the Gross Profit instead of Contribution. Gross Profit is calculated as Sales less Cost of Goods Sold.

5 0

3 years ago