Answer:
The correct answer is (C)
Explanation:
Corporate dissolution is a termination of cooperation that results after a complete consent of the board of directors. Likewise, a corporate dissolution is a serious step that can begin with a board resolution. If the board of directors are on one page then it becomes easier to dissolve cooperation. It can only be done by a vote to approve the resolution by the board of directors and shareholders.
Answer:
1.$35,000
2.$6,300,000
Explanation:
The computation of Unit sales to earn the target income and Sales amount at required profit is given below:-
a. Contribution per unit = Unit sale price - Unit variable cost
= $180 - $135
= $45
Unit sales at required profit = (Sales cost + Required cost) ÷ Contribution per unit
= ($562,500 + $1,012,500) ÷ $45
= $1,575,000 ÷ $45
= $35,000
b. Sales amount at required profit = Unit sales at required profit × Unit sale price
= $35,000 × $180
= $6,300,000
Answer:
Based solely on a difference of values between the counselor and the client.
Explanation:
Referral is defined as the situation were counselors make recommendations of where else a client might seek treatment. This can happen if counselors cannot accept the client for some reason or if the client's needs have changed. Something that must be said is that the reasons must be appropriate, and a difference in values is not.
Answer:
Statement a. is correct.
Explanation:
The effective annual rate is always higher than the nominal interest rate, as the formula is clear for any number of periods, for any interest rate:
Effective Annual Rate of return = 
Further if we calculate the present value of annuity due and ordinary annuity assuming 6 % interest rate, then:
Present value of annuity due =
= 1.06 
$400.95
= $425.0089
Present value of ordinary annuity = 
= $150 2.6730
= $400.95
Therefore, value of annuity due is more than value of ordinary annuity.
Statement a. is correct.
