The document called a corporate charter serves a formal purpose as its:
- names the board of directors.
- specifies the shares of stock to be issued.
- describes the business activities.
<h3>What is a corporate charter?</h3>
It is a formal document that is required to be filed with the Secretary of State or registrar in order to establish a company as a corporation.
Hence, these document contains the names the board of directors, specifies the shares of stock to be issued and describes the business activities for formal purpose.
Therefore, the Option C, D and E is correct.
Read more about corporate charter
<em>brainly.com/question/17134082</em>
<u>b. Hooking up</u> is the term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China.
<u>Explanation</u>:
Hooking up is the term refers the affiliate relationship between an accounting/auditing firm and its sponsoring organization.
Auditing Firm is a company which reviews the activities of an organization to identify their inefficiencies and achieve the organizational objectives. Auditing firms can help in investigating the potential theft or fraud and ensure compliance with applicable terms and policies. The reports of the organization can be maintained accurately.
The auditing firm works for their sponsored organization and helps them in achieving their goals.
<span>The answer is D. Major medical insurance.</span>
This usually covers all healthcare including prescription
medicine and out-patient costs and even other services like physical therapy
and mental health. Unlike basic health care, this kind of insurance sets a limit
on your medical expenses, even if you have very costly treatment.
She should choose to<span> take a lump-sum of $271,000 now. This is the best option since the other option would have a present value less than $271,000. If you use the present value annuity calculator, you can get the present value of the installment option to be </span>$259,768.60. Therefore, the the lump – sum payment option is the most appropriate.<span> </span>
Answer:
The monthly withdrawal is $701.10
Explanation:
The monthly withdrawal can be computed with PMT formula using excel spreadsheet.
The formula is PMT(rate,nper,-pv)
The fv and type are both taken as zero.
However, the rate of 5.5 % given in the question is a yearly rate,but the requirement of the question is monthly withdrawal, hence the rate is divided by 12 months to reflect a monthly rate i.e 5.5%/12
Besides, the nper should also to be adapted to show that the withdrawal is to be made every month for 18 years, hence nper is 12*18
The computation of the pmt based on the above highlighted points is found in the attached.
