'Pola and quint want to form and do business as river tours corporation. a corporation can consist of one or more natural persons.
A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.
The company is managed and directed by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporation governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.
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False. When dealing with group conflict, a manager should try to increase the ratio of relationship to substantive conflict. When dealing with a group conflict, the manager should work in different ways to make sure that each person is treated the same and try to resolve the conflict with them instead of potentially creating more conflict if they add more conflict to the problem.
Answer:
Present value of annuity = PV(8%,40,-200,0,0)
Present value of annuity = $2,384.93
Present value of Perpetuity = 200/ 8%
Present value of Perpetuity = 200 / 0.08
Present value of Perpetuity = 2500
The difference between the Present value = $2,500 - $2,384.93 = $115.07
However, both does not equal as time value has to be considered.
Answer:
a. $30,500
Explanation:
The computation of the corporation’s total basis for the transferred assets is shown below:
= Cash basis of checking account + adjusted basis of computer equipment
= $500 + $30,000
= $30,500
We simply added the cash basis of checking account and the adjusted basis of computer equipment so that the corporation total basis of the transferred asset could come