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3 years ago

Explain the differences between a partnership and a corporation

1 answer:

8 0

A corporation is an independent legal entity owned by shareholders, in which the shareholders decide on how the company is run and who manages it. A partnership is a business in which two or more individuals share ownership.

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Does being unemployed apply to someone who has never been employed

Temka [501]

Yes, because the definiton of unemployed is doesn't have job but is ready to work

5 0

3 years ago

A company's Cash account shows a balance of $5,600 at the end of the month. Comparing the company's Cash account with the monthl

Likurg_2 [28]

Answer:

cash 750 debit

note receivable 510 credit

NSF check 240 credit

-- to record increases of cash from reconciliation --

bank fees expense 44 debit

cash 44 credit

-- to record decreases of cash from reconciliation --

Explanation:

cash account 5,600

bank fees (44)

NSF 240

bank collected 510

adjusted cash: 6,306

We adjust based on the unknow information for the company like fees, collection and NFS found. we could also adjust for mistake but for this time, there isn't any.

5 0

3 years ago

The Timken Company has announced a rights offer to raise $5.1 million. The company's stock currently sells for $34 per share, th

omeli [17]

Answer:

Right price =$33.50

Explanation:

<em>The theoretical ex-right price is the weighted average price at which shares are expected to settle after a right-issue,</em>

<em>It is the weighted average price of value of shares of the before-right price and the right price</em>

Ex-rights price

=(Before-right value of shares + Proceed from rights )/Total number of shares after rights issue

Number of rights issue units = amount to be raised /Right price per share

= $5.1 m/$30 = 170,000 units

Before - rights value = 1,207,000 × $34 = 41,038,000

Proceed from rights = 170,000 × $30 = 5,100,000

The ex-right price = (41,038,000 + 5,100,00)/(1,207,000 +170,000) units

Right price =$33.50

8 0

3 years ago

You have informed users that you need to bring the machine down at the end of the day to perform routine maintenance. However, p

Rom4ik [11]

Answer:

shutdown -h +15 It is time for a shutdown!

Explanation:

shutdown -h +15 It is time for a shutdown!

5 0

4 years ago

Under a straight life annuity, if the annuitant dies before the principal amount is paid out, the beneficiary will receive?

bezimeni [28]

Nothing the payments will cease.

Payments:

For the balance of the annuitant's life, a straight or pure life annuity will provide a set sum of income. Regardless of the amount of unpaid principal, this payment will end at death. There are no compensation or refunds made to survivors.

The beneficiary will receive the amount placed into the plan or the cash value, whichever is larger, if the annuitant passes away before the payment term.

Banknotes and coins (cash), deposits, and credit on an account with a financial institution or a comparable entity that can be run using payment instruments are all considered means of payment.

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8 0

1 year ago