Cho vay thương mại và cho vay tài chính khác nhau ở chổ nào?

In the out line above which sub topic is incorrectly placed under a topic heading

DerKrebs [107]

i think its computer assembly and repair.

5 0

3 years ago

Family Corporation, a corporation controlled by Buddy's family, redeems all of Buddy's stock. For the redemption to be treate

WINSTONCH [101]

Answer:

C. Buddy cannot be a creditor of the corporation after the redemption.

Explanation:

"A stock redemption that terminates a shareholder’s entire stock ownership in a corporation will qualify for sale or exchange treatment under § 302(b)(3). The attribution rules generally apply in determining whether the shareholder’s stock ownership has been completely terminated. However, the family attribution rules do not apply to a complete termination redemption if the following conditions are met:

The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).

The former shareholder files an agreement to notify the IRS of any prohibited interest acquired within the 10-year period and to retain all necessary records pertaining to the redemption during this time period."

Reference: South-Western, Thomson. “Chapter 5.” To Qualify for Sale or Exchange Treatment, a Stock Redemption Generally Must Result in a Substantial Reduction in a Shareholde, 2005,

7 0

3 years ago

Consider relative purchasing power parity (PPP) and remember the consumer price index (CPI) provides the price level in a countr

pychu [463]

Answer:

0.7156 USD/CAD

Explanation:

Relationship between relative PPP and inflation rates can be expressed as given below:

S(1)/S(0) = (1+I(y)) / (1+I(x))................(1)

==> S(0) = spot exchange rate at the beginning of the time period

==> S(1) = spot exchange rate at the end of the time period

==> I(y) = expected inflation rate for country y, which is foreign country

==> I(x) = expected inflation rate for country x, which is domestic country.

Here, assumes that the US is a foreign country and Canada is domestic country

I(y) = (200/165) - 1 = 21.21%

I(x) = (220/170) - 1 = 29.41%

On putting the values of I(x) and I(y) in the first equation, we get:

S(1)/0.764 = (1+0.2121) / (1+0.2941)

S(1)/0.764 = 0.9366354996

S(1) = 0.764*0.936635

S(1) = 0.7156 USD/CAD

If relative PPP holds, the spot exchange rate in 2015 will be 0.7156 USD/CAD

4 0

3 years ago

when michelle had only three? employees, she performed most of the? records-keeping tasks herself and kept a general idea of fin

maw [93]

Answer:

Explanation:

1. The correct answer is option B.

Empowerment is nothing but power which gives the ability to act or behave appropriately in order to make appropriate decisions. Empowerment is one of the stage of being accountable. In this stage, the person takes appropriate action to complete the task. It also includes taking challenge and coping up with changing situations.

Job enlargement is the technique in which the task and scope related to a single job are increased. In this scenario, since the businesss has expanded, it is important to give more responsibilities to employees so that Michelle can focus on the financial aspects of business.

2. The correct answer is option B.

Matrix organization is nothing but the organization where the employees will have multiple reporting line and perform different roles in different functions. The advantages of matrix organization are effective usage of resources across different functions, high motivation in employees due to multiple roles and showcasing their skills in different field, improved and prompt decision making. Since unity of command involves employee being answerable to one person, so matrix structure violates the principle of unity of command.

3 0

3 years ago

On November 1, 2017, Austin Services issued $304,000 of five-year bonds with a stated rate of 11%. The bonds were issued at

Stells [14]

Answer:

The amount of interest expense was recorded for the period of January 1 to April 30, 2018 would be $11,147

Explanation:

According to the given data we have the following:

Bonds Amount=$304,000

Stated rate of interest=11%

To calculate the amount of interest expense was recorded for the period of January 1 to April 30, 2018 we have to calculate the following formula as follows:

Interest expense for period(Jan-April)=Semi Annual Interest-Interest expense payable on Dec31

Semi Annual Interest=$304,000*11%*6/12= $16,720

Interest expense payable on Dec31=$304,000*11%*2/12=$5,573

Therefore Interest expense for period(Jan-April)=$16,720-$5,573=$11,147

The Journal Entry would be as follows:

Debit $ Credit $

30-Apr Interest expense Account Dr. $11,147

Interest expense Payable Account Dr. $5,573

Cash Account $16,720

3 0

3 years ago