All categories

2 years ago

Which of the statements below is FALSE?

Business

1 answer:

Alecsey [184]2 years ago

5 0

Answer:

C. The standard of one vote for each share cannot be altered.

Explanation:

Shares are sold to individuals that now obtain ownership rights of a company.

Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.

Also common shareholders are shares have different classes with different voting rights.

However it is not true that the standard of one vote for each share cannot be altered.

When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.

The shareholder's standard of vote for each share is now halved

You might be interested in

Tina and Betty formed a partnership. Tina received a 40 percent interest in the partnership in exchange for land with an adjuste

Amiraneli [1.4K]

Answer:

c. $24,000

Explanation:

The computation of sale by partnership is shown below:-

The pre-contribution gain allocated to Tina = Fair market value - Adjusted basis

= $80,000 - $60,000

= $20,000

Gain on sales = Partnership to an unrelated third party - Fair market value

= $90,000 - $80,000

= $10,000

Tina partnership interest is 40 % of $10,000

= $4,000

Sale by partnership = pre-contribution gain + Tina partnership

= $20,000 + $4,000

= $24,000

Therefore for computing the sale by partnership we simply applied the above formula.

4 0

2 years ago

Y Toys is planning a 30,000 square foot expansion to their manufacturing facility to prepare for the introduction of their Barne

LiRa [457]

Answer:

The question is not complete,it is missing the rate if return on investment of

Y Toys is planning a 30,000 square foot expansion to their manufacturing facility to prepare for the introduction of their Barney Babies line of stuffed animals. They will start construction on the $700,000 building in 3 years from now. What is the annual amount of toy sales revenue needed to pay for the building? Assume that Y Toys uses an interest rate of 19% per year. Show all steps in Excel.

The amount of sales required each year is $194,115.53 which is the same as the yearly savings to be made.

Explanation:

In arriving at the answer,I used PMT formula is excel.The PMT formula is given as PMT(rate,nper,,-fv) where r is the rate of return on yearly basis,nper is the period of investment and fv is future value of investment given as $700000 here, the amount payable on the facility in three years.

It is important to note that double commas are placed in the formula before pv and that the pv has a negative sign.

Kindly find attached spreadsheet for detailed computation on the PMT.

Download xlsx

7 0

2 years ago

Wesley, who is single, listed his personal residence with a real estate agent on March 3 of the current year at a price of $390,

Elenna [48]

Answer:

a. Wesley's recognized gain on the sale is $0.

b. Wesley's adjusted basis for the new residence is $325,000

c. Assume instead that the selling price is $800,000.

Wesley's recognized gain is $326,520, and his adjusted basis for the new residence is $325,000.

Explanation:

Wesley's actual gain = $363,000 - $21,780 - $600 - $300 - $800 - $200,000 = $139,520, but it can all be excluded using section 121.

If the selling price is $800,000;

Wesley's actual gain = $800,000 - $21,780 - $600 - $300 - $800 - $200,000 = $576,520, but he can exclude $250,000, so his recognized gain = $326,520

7 0

2 years ago

Prestige LLC, a small company that manufactures specialty cereals and energy bars, wants to launch a "green marketing" program i

docker41 [41]

The company demonstrates that the products will benefit both customers and society in the long term to maximize the program's chances of being successful.

<h3>What is a company?</h3>

A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two. Members of the company work together for a shared cause in order to accomplish clearly stated objectives.

Another approach is to have a mission with strong core principles that everyone can support. The most prosperous businesses are aware of their strong talent and work to retain it. That entails more than just a respectable wage and a few perks. Employees must feel valued for their contributions and be able to blend in with the corporate culture.

The Four Crucial Components of a Successful Business:

A Special Good.
The ideal candidates.
A definite plan.
The ideal mindset.

To know more about Business refer to: brainly.com/question/24448358

#SPJ4

6 0

1 year ago

Cado Co.'s payroll for the month ended January 31 is summarized as follows:Total wages $100,000Amount of wages subject to payrol

sladkih [1.3K]

Answer:

A. $6,200

Explanation:

We multiply the taxable wages by the tax rate of each tax.

FICA 80,000 x 7% = 5,600

Unemployment 20,000 x 3% = 600

This will be share of Cado in the payroll taxes. 6,200

The total taxes, would include the employee FICA. but we aren't asked for that. Just for the employee

8 0

3 years ago

Which of the statements below is​ FALSE?

Which of the statements below is FALSE?