1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Assoli18 [71]
2 years ago
10

1.5 marks

Business
1 answer:
ratelena [41]2 years ago
3 0

Answer:

C) 15 months

Explanation:

As per the law, a company with two or more shareholders must hold an Annual AGM every year.  The AGM for a new company must be held within the first nines months after the financial year.

The AGM for an existing company must be held not later than six months after the end of a financial year. However, the law has set 15 months as the maximum gap of time allowed between two general meetings.

You might be interested in
CONSIDER a JOB THAT PAYS 100,000 PER YEAR. FEDERAL INCOME TAX IS 19% AND STATE INCOME TAX IS 7% WHAT IS THE ANNUAL TOTAL OF THE
FrozenT [24]

100000 X 19% = 19000  

100000 X 7% = 7000

<em>Total deduction: $26,000</em>

$74,000 per year he will get after deduction

6 0
2 years ago
Martinez Company has an old factory machine that cost $66,000. The machine has accumulated depreciation of $36,960. Martinez has
brilliants [131]

Answer:

Journal entries

Explanation:

The journal entries are as follows

(a) Cash A/c Dr $33,000

   Accumulated depreciation A/c Dr $36,960

            To Factory machine A/c $66,000

            To Profit on sale of factory machine A/c $3,960

(Being the sale of machinery is recorded and the remaining balance is credited to the profit on sale of factory machine account)

(b) Cash A/c Dr $19,800

    Loss on sale of factory machine A/c $9,240

    Accumulated depreciation A/c Dr $36,960

            To Factory machine A/c $66,000

(Being the sale of machinery is recorded and the remaining balance is debited to the loss on sale of factory machine account)

8 0
3 years ago
Explain the connection between career advancement and the Four drive theory.
vovangra [49]

Answer:

Advancement is part of the <u>"drive to acquire."</u>

Explanation:

The 4 drive theory includes:

Drive to acquire: move up, gain status and respect (such as with a new prestigious job)

Drive to Bond: to form social relationships

Drive to learn: satisfy curiosity

Drive to defend: protection and security

3 0
3 years ago
Premier Sports Inc has a beginning PBO balance of​ $628,000 and a beginning market-related value of plan assets of​ $560,000. Th
eimsori [14]

Answer:

Correct answer is D.

$4375

Explanation:

Amortization of actuarial gain or losses = Net actuarial gain/remaining service life

= 87500/20

Amortization of actuarial gain = $4375

6 0
3 years ago
Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began th
Luda [366]

Answer:

Change in Assets is $127,500

Explanation:

The accounting equation for a corporation is:

Assets = Liabilities + Stockholders' Equity

⇒ Liabilities = Assets - Stockholders' Equity

= $285,000 - $130,500

= $154,500

At the end of years,

  • Liabilities amount = Liabilities in the beginning + Change in liabilities = $154,500+ $90,000 = $244,500
  • Stockholder's equity amount = Stockholder's equity + Change in stockholder's equity = $130,500 + $37,500 = $168,000

The assets at the end of year = $168,000 + $244,500 = $412,500

Change in Assets = $412,500 - $285,000 = $127,500

Shorter answer:

Change in Assets = Change in Liabilities + Change in Stockholders' Equity

= $90,000 + $37,500 = $127,500

8 0
3 years ago
Other questions:
  • Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is e
    13·1 answer
  • Who typically implements strategy in large, multi-industry corporations?a. The board of directorsb. Top managementc. Middle mana
    10·1 answer
  • The instructions for the OS provided by application software are known as _____.
    6·2 answers
  • Consider the market for a breakfast cereal. The​ cereal's price is initially ​$3.003.00 and 7070 thousand boxes are demanded per
    7·1 answer
  • Joshua wants to be a lawyer. He found the following table on the Bureau of Labor Statistics’ website to find out about the emplo
    12·2 answers
  • A BUYER IS PURCHASING A HOME AND HAS ORDERED A HOME INSPECTION AND A A TERMITE INSPECTION. WHAT SHOULD THE BUYER ORDER TO PROTEC
    8·1 answer
  • How much are ball pythons worth
    6·1 answer
  • Digby's balance sheet has $85,185,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also e
    12·1 answer
  • A software start up is pitching to raise money to write code and they need a team of 4/4 for two years and each color cost 100,0
    12·1 answer
  • Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!