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3 years ago

Help please!!

1 answer:

6 0

Answer: A domestic corporation operates in the home country, a party established in one and business in the other. Shareholders. They decide on a payout. Relationship between different levels of the market.

Explanation:

Domestic corporations are large enterprises that are established in a particular country and do business in that home country. This does not mean that the same corporation has no representative office in a foreign country. A foreign corporation is a corporation that operates in a particular state but is incorporated (or otherwise formed, as its laws provide) in a foreign country.

Shareholders are the ultimate owners of corporations. They elect directors and set up corporate administration. They make the most critical decisions regarding a particular corporation and are the owners of shares held by a specific corporation. Shareholders enter into contracts and conduct the central policy when it comes to business.

In case the company has a surplus of earnings and decides to pay a dividend to the common shareholders. This assessment is usually made every three months, and then the decision is made. In this case, one-tenth of the accumulated profit is paid.

Proxy, in a broad sense, is a connection. This can be a different type of relationship. In this context, it can be a link between different corporations, between the directors of the corporation and the shareholders. Between directors and employees, etc.

A quorum represents the number of people needed to hold a founding assembly meeting. That number varies so that it may be different depending on the corporation. The majority refers to the number present, not the vote number. The number of quorum members is usually stated in the founding documents or the articles of association of the corporation.

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Effect of transactions on cash flows

kirill115 [55]

Solution :

EFFECT AMOUNT ($)

a. Cash payment $510,000

b. Cash receipt $600,000

c. Cash receipt $72,400

d. Cash payment $825,000

e. Cash payment $30,000

f. Cash receipt $390,000

g. Cash payment $225,000

h. Cash payment $1475000

8 0

3 years ago

On January 1, 2018, the Cook's Restaurant decides to invest in Lake Topsey bonds. The bonds mature on December 31, 2021, an

charle [14.2K]

Answer and Explanation:

The Journal Entry is shown below:-

Investment in bonds is at face value, no question about discount or premium.

Investment is rendered from the time the bonds mature before 2023. Hence, it is an investment as Working for Profit "Held until maturity"

Jan 1, 2018

Bonds receivables Dr, $140,000

To Cash $140,000

(Being Investment in bonds is recorded)

30 June 2018

Cash Dr, $2,400

To interest income $2,400

(Being six months interest received is recorded)

31 Dec 2018

3. Cash Dr, $2,400

To interest income $2,400

(Being six months interest received is recorded)

Working note:-

Bond Value $140,000

Interest rate 4%

Interest earned half

yearly, effective rate

(4% × 6 ÷ 12) 2%

Half Yearly interest amount

($140,000 × 2%) $2,800

3 0

3 years ago

Last year Carson Industries issued a 10-year, 12% semiannual coupon bond at its par value of $1,000. Currently, the bond can be

Nataly [62]

Answer:

YTM = 8.93%

YTC = 8.47%

Explanation:

$P = \frac{C}{2} \times\frac{1-(1+YTC/2)^{-2t} }{YTC/2} + \frac{CP}{(1+YTC/2)^{2t}}$

The first part is the present value of the coupon payment until the bond is called.

The second is the present value of the called amount

P = market price value = 1,200

C = annual coupon payment = 1,000 x 12% 120

C/2 = 60

CP = called value = 1,060

t = time = 6 years

$P = 60 \times\frac{1-(1+YTC/2)^{-2\times 6} }{YTC/2} + \frac{1,060}{(1+YTC/2)^{2\times 6}}$

Using Financial calculator we get the YTC

8.467835879%

$P = 60 \times\frac{1-(1+YTM/2)^{-2\times 10} }{YTM/2} + \frac{1,000}{(1+YTM/2)^{2\times 10}}$

The first part is the present value of the coupon payment until manurity

The second is the present value of the redeem value at maturity

P = market price value = 1,200

C = coupon payment = 1,000 x 12%/2 = 60

C/2 = 60

F = face value = 1,060

t = time = 10 years

Using Financial calculator we get the YTM

8.9337714%

4 0

3 years ago

Shawna wins the lottery and her income increases by 60 percent. she used to buy 10 pints of cottage cheese per month and now she

Dmitriy789 [7]

Answer: Her income elasticity of demand for cottage cheese is 0.3333 making it a normal and necessary good.

The income elasticity of demand is given by :

$\mathbf{YED = \frac{percentage change in demand}{percentage change in income}}$

The percentage change in income is given as 60%. We calculate the percentage change in quantity demanded as follows:

$\mathbf{percentage change in quantity demanded = \frac{Q_{1}-Q_{0}}{Q_{0}}}$

$\mathbf{percentage change in quantity demanded = \frac{12-10}{10}}$

$\mathbf{percentage change in quantity demanded = 0.2}\\$

Substituting the value above in the income elasticity demand formula we get,

$\mathbf{YED = \frac{0.20}{0.60}}$

YED = 0.33333

Since the income elasticity is positive, and since Shawna buys more cottage cheese after an increase in income, we can classify this good as a normal good.

Since the income elasticity is between 0 and 1 we can also conclude that cottage cheese is also a essential good or a necessity.

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3 years ago

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aleksley [76]

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3 years ago