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3 years ago

When incorporating a business, which one of the following is not a major step to take?

1 answer:

lina2011 [118]3 years ago

5 0

Incorporation of business means staring a new business in corporate form. At the time of incorporation of a business, it is necessary to file employee policies with the proper state agency important and preparation of articles of incorporation and bylaws, but holding an incorporator's meeting is not a major step.

Hence, the correct answer is:

B. Holding an incorporator's meeting

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Mark s wife asked him how his first day at work went. He smiled and said everyone he met told him about how Jed McClusky single-

Nookie1986 [14]

Answer:

The correct answer is a. corporate stories.

Explanation:

Corporate stories are events that occurred in the past, which, because of their relevance to the development of the organization, serve as a reference to project into the future. What is sought with these types of events is to motivate, encourage employees to perform their tasks in the best way, trying to make every effort to achieve it.

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3 years ago

4. if you have two children, ages 2 and 4, how much should you record in step 3 of the form? (3 points)

Minchanka [31]

Based on the information provided, you should record two (2) dependents in Step 3 of the W-4 form.

A W-4 form simply refers to an internal revenue service (IRS) tax form which is used in the United States of America, so as to indicate the correct federal income tax that should be withheld from an employee's paycheck.

In Step 3 of the W-4 form, an employee is expected to indicate whether or not he or she has dependents. Thus, an employee would write (record) the number of dependents he or she has in Step 3 of the W-4 form.

In this scenario, we can logically conclude that you should record two (2) dependents in Step 3 of the W-4 form because you've two (2) children, aged 2 and 4.

Read more on W-4 form here: brainly.com/question/15507745

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4 0

2 years ago

Use the information from the balance sheet and income statement below to calculate the following ratios:

Marina86 [1]

Answer:

a. Current Ratio = current assets / current liabilities = 190,000 / 153,000 = 1.24

b. Acid-test ratio = (current assets - inventory) / current liabilities = (190,000 - 50,000) / 153,000 = 0.92

c. Times interest earned = EBIT / interest expense = 65,000 / 8,000 = 8.13

d. Inventory turnover = COGS / inventory = 90,000 / 50,000 = 1.8

e. Total asset turnover = net sales / total assets = 210,000 / 525,000 = 0.4

f. Operating profit margin = operating income / total sales = 65,000 / 210,000 = 0.31

g. Days in receivables = (accounts receivables / total sales) x 365 = (30,000 / 210,000) x 365 = 52.14 days

h. Operating return on assets = operating income / total assets = 65,000 / 525,000 = 0.12

i. Debt ratio = total liabilities / total assets = 273,000 / 525,000 = 0.52

j. Fixed asset turnover = total sales / fixed assets = 210,000 / 335,000 = 0.63

k. Return on equity = net income / total equity = 45,030 / 252,000 = 0.18

4 0

3 years ago

Give an example of a case where a cost and a revenue function do not have a break-even point.

oee [108]

An example of a case where a cost and revenue function do not have a break even point includes, when the profit margin is larger than the losses of the business.

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3 years ago

Read 2 more answers

Douglas Company issued 5-year bonds on January 1. The 12% bonds have a face value of $35,000,000 and pay interest every January

Blababa [14]

Answer:

Given:

12% bonds have a face value of $35,000,000

Bonds sold for $37,702,483 based on the market interest rate of 10%.

∴

The interest expense on July 1 can be computed as

Interest expense = Bonds sold × Effective market interest rate ( $\frac{10}{2}$ = 5%)

= $37,702,483 × .05 (1/2 of the effective interest rate)

= $1,885,124

⇒ The interest expense on July 1 is $1,885,124

4 0

3 years ago