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Igoryamba
3 years ago
13

Red when choosing a form of ownership

Business
1 answer:
siniylev [52]3 years ago
4 0

Answer:

see below

Explanation:

1. Private Limited Company

A private limited company is an acknowledged legal entity whose shares are held privately by the founders. The shareholders are the owners. They are not allowed to trade their shares to the public through the security exchange. SHINING STAR BUS COMPANY (PTY) Ltd is currently a limited private company.  Transfer of shares has to be between the existing shareholders, the bus company, and requires authorization. The shareholders have limited liability to the company's debts and are entitled to a share in the company profits.

2. Public Limited Company

A public limited company is recognized as a legal and separate entity from its owners. Unlike a private limited company, the shares of a public limited company are traded in the security exchange markets. It means ownership of a public company is open to the public. The management of SHINING STAR BUS COMPANY (PTY) Ltd wants to convert it to a public limited company. After the conversion, its shares will be traded at the Johannesburg Security Exchange(JSE).

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A company has outstanding 20-year noncallable bonds with a face value of $1000, and 11% annual coupon, and a market price of $1,
Helen [10]

Answer:

8% and 4.8%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,294.54

Future value or Face value = $1,000  

PMT = 1,000 × 11% = $110

NPER = 20 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 8%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8% × ( 1 - 0.40)

= 4.8%

6 0
3 years ago
Select the correct answer.
zloy xaker [14]

Answer:A

Explanation: bc i am a nerd xd

6 0
3 years ago
Read 2 more answers
What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource, or a
Anika [276]

Answer:

b. Public good

c. Private good

d. Public good

Explanation:

Private goods are those kind of goods, which has the characteristics of rivalrous as well as excludability.

Club goods are those kind of goods which are excludable but are not rival.

Common resources are those kinds of goods which are not excludable but are rival in nature.

Public goods are those goods which are for the public to use.

So, classifying the above points into the same as:

b. Cabana which is near a beach, is open for public - It is a public good as it is open for public.

c. BMW, which the person use to drive his or her friends - It is a private good, as the person purchased himself, so its the person choice to ride his or her friends.

d. Fountain in a park - Park is made for the public and fountain in the park is for public as well.

5 0
3 years ago
A price searcher a. faces a horizontal demand curve. b. is a seller that searches for the best location to sell its product. c.
Mazyrski [523]

Answer: The correct answer is "c. is a seller that has the ability to control to some degree the price of the product it sells.".

Explanation: A price searcher is a seller that has the ability to control to some degree the price of the product it sells.

5 0
3 years ago
The Super Toy Stores inventory records at December 31, revealed the following: Inventory on hand, December 31 $350,000 Merchandi
enyata [817]

Answer:

The correct answer is $543,000

Explanation:

According to the given scenario, the calculation of the ending inventory is as follows:

= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination

= $350,000 + $118,000 + $75,000

= $543,000

The goods held on consignment i.e. not involved is not relevant

Thus, the  calculation of the ending inventory is $543,000

8 0
3 years ago
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