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3 years ago

10

I would like to set up a company that has operational flexibility and tax efficiencies, but I would also like reduce my personal

legal exposure if the company were to go bankrupt or be subject to a tort. Which form of business would best suit my needs?

1 answer:

Natalka [10]3 years ago

6 0

Aisisiizuddyhee. Shsdiuejebsvz

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Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 119,000 crowns. It received payment

Natalka [10]

Answer:

Exchange rate on September 15: 1 Crown = $0.61; 119,000 Crown = (119,000*$0.61) = $72,590.

September 30 = (119,000*0.65) = $77,350.

October 15 = (119,000*$0.60) = $71,400.

JOURNAL ENTRY

Date Account Debit Credit

15-Sep Account receivable $72,590

Sales $72,590

(Sale to a foreign customer for 119,000 crown Exchange rate = $0.61)

30-Sep Account receivable $4,760

Foreign currency exchange gain $4,760

($77,350-$72,590)

15-Oct Foreign currency exchange loss $5,950

Account receivable $5,950

($71,400-$77,350)

Cash $77,350

Accounts Receivable $77,350

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3 years ago

Global industries (GI) is planning to use some existing equipment from its own facilities in a foreign project. The used equipme

coldgirl [10]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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Due to more emphasis on empowerment and more talented and better-educated lower-level management, span of control in organizatio

Firdavs [7]

Answer:

Narrowed

Explanation:

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Span of control has narrowed as the persons are capable of fullfill the requierements on any specific task without constant supervision

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3 years ago

A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees

sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

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3 years ago

The last two answers for number 6 is “Firefighting” and “Public Safety Inspection”

andre [41]

Answer:

9. Carbon paper

37. Window envelope

6. teaching

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3 years ago