Articles of incorporation
, corporate charter are used to describe this document.
<h3><u>
Explanation:</u></h3>
The document that is very formal in nature and also filled with information related to the creation of the company refers to the Articles of incorporation. It contains the details related to the name and address of the company, the type and the amount of stock that is to be issued, agent for service of process.
The document that contains the information related to the secretary of state during the time in which the business is incorporated refers to the corporate charter. This can also be referred as certificate of incorporation. The details in this documents may differ that depends on the size and the regulations of the company.
Answer:<em> Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.</em>
In the above question, the following is the example of negative externality: <u><em>smoking harms the health of nonsmokers who are nearby.</em></u>
Here, the cost is incurred by the nonsmokers who are standing nearby individuals who prefer smoking. Thus creating negative externality.
<u><em>Therefore, the correct option is (c)</em></u>
Answer:
The answers are:
- automobile insurers
- life insurance companies
- a life insurance policy
- longer
- longer-term
Explanation:
When a company may need money in a short notice (like auto insurers), they will need to make liquid investments. That means that they can turn their investments into cash very rapidly. Since T-bills are traded all the time, they are very liquid investments, although they aren't very lucrative investments.
On the other hand, companies that know that they will not be needing a lot money promptly (life insurance), can afford to invest in projects with a longer life span that can be more profitable also. Usually liquid investments have smaller rates of return, while long term investments have higher rates of return.
Answer:
A. 25%
B. 50%
C. 48000 after tax cash flow
Explanation:
a. lets assume marginal tax rate is X%
After tax cash flow of 80000 should equal to 60000$
$80000 - [$80000*X%] = 60000$
80000*X% = 80000-60000
80000*X% =20000
X = 20000/80000
= 25%
b.
$80000 - [$80000*50%*x%] = 60000$
40000*x%=20000
x%=50%
c.
$80000- [$80000*x] = 60000 - [60000*50%*x]
80000-60000 = [80000*x] - [30000*x]
20000 = 50000x
x=40%
check
80000-40% =48000 after tax cash flow
60000*50%
=60000- [60000*50%*40%]
=48000 after tax cash flow
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