<u>Full question:</u>
Bridgette wants to start a corporation. She is looking for a state in which to incorporate. If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select:
a. Florida.
b. Delaware.
c. Michigan.
d. Colorado.
<u>Answer:</u>
If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select: Delaware
<u>Explanation:</u>
When deciding to begin a business one is expected to accept a pattern of a business unit. Delaware is where several businesses have consolidated. The state of Delaware favors the administration of companies because of their favorable tax rules, as a consequence dragging many businesses to consolidate there. In this state, one can operate a business and experience tax benefits even he or she does not live there.
The state also contributes to powerful business privacy. Unlike other states, business issues are controlled by specific judges and not judges as done in other states. The state is also favored for its adjustable rules on corporation management as the council and representatives may wish not to live in the state.
Answer:
c. $357,000
d. $733,000
e. $120,000
Explanation:
As we know that
Total assets = Total liabilities + Shareholder equity
The computation is shown below:
c. Updated assets would be
= $720,000 - $168,000
= $552,000
And, the updated liabilities would be
= $180,000 + $15,000
= $195,000
So, the updated capital would be
= $552,000 - $195,000
= $357,000
d. Updated assets would be
= $720,000 - $175,000
= $895,000
And, the updated liabilities would be
= $180,000 - $18,000
= $162,000
So, the updated capital would be
= $895,000 - $162,000
= $733,000
e. The opening capital would be
= Total assets - total liabilities
= $720,000 - $180,000
= $540,000
And, the ending capital would be
= Total assets - total liabilities
= $880,000 - $220,000
= $660,000
So, the gain would be
= Ending capital balance - opening capital balance
= $660,000 - $540,000
= $120,000
Answer:
<h3>Flower Direct</h3>
1. Operating cost equation = $0.26x + $1,150
2. Prediction of operating costs at a volume of 16,000 is:
= $5,310
Explanation:
a) Data and Calculations:
Month Kilometres Driven Van Operating Costs
January 16,000 $5,490
February 17,500 5,700
March 14,900 4,910
April 16,200 5,340
May 16,900 5,820
June 15,100 5,410
July 14,500 4,920
High-Low Method:
February 17,500 5,700
July 14,500 4,920
Difference 3,000 780
Variable cost per unit = $780/3,000 = $0.26
Total variable cost at February figures = $4,550 (17,500 * $0.26)
Total fixed costs at February figures = $1,150 ($5,700 - $4,550)
Operating cost equation = $0.26x + $1,150
Operating cost at a volume of 16,000 = $1,150 + $0.26 * 16,000
= $1,150 + 4,160
= $5,310
<span>A.Bachelor's Degree (4 years of college)</span>
Explanation:
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