Answer:
B. False
Explanation:
The concept of limited liability means that an investor's liability for the debt of the company in time of liquidation is limited to the amount paid for the shares he subscribed for in the corporation or where they are not fully paid, to the unpaid portion of his shareholdings, This means the highest a shareholder can lose in a limited liability corporation in time of liquidation is the monetary value of the share he has in the firm.
In line with the above, it means that Ron is not personally liable to five percent of the financial obligations of the corporation but only the monetary value of the share he has bought and if they are not fully paid yet, he will only the unpaid portion.
Answer: True
Explanation:
Hybrid cars use both electricity and gasoline motors and engines. The concept behind this is that the electricity gives the car better acceleration and the gasoline then maintains it.
Developed countries tax gasoline due to its emissions but don't really tax electricity. On realizing this, designers recognized that they could combine both gasoline and electricity to create hybrids that would decrease the cost of taxation of using gasoline.
Answer:
$5,100
Explanation:
Initial cash balance (IB) = $32,500
Expected cash receipts (EC) = $48,500.
Cash disbursements (CD) = $56,100
Amount borrowed (B) = ?
Assuming that the final balance must equal at least $30,000, the cash flow for april is given by:
Sit Down Corporation will need to borrow $5,100 during April to maintain a minimum cash balance of $30,000.
The leader answers all questions
False.
While it is true that individuals can choose what to do with their money, both saving and investing are smart decisions when done right.