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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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Prepare the current assets section of the balance sheet for Sheridan Company. Assume that in addition to the receivables it has
devlian [24]

Answer:

See explanation section

Explanation:

                            Sheridan Company

     Statement of Financial Position (Balance Sheet)

                       As at December 31, 2018

Particulars                                           Amount ($)

Cash                                                       $91,900

Accounts receivable      xxx,xxx

Less: Bad debt          <u>       xx,xxx</u>

                                                                xxx,xxx

Inventory                                                136,500

Prepaid Insurance                          <u>           9,300</u>

Total Current Assets                          $237,700

Note: If we have accounts receivables and bad debt expense, we can easily get the accurate answer.

7 0
3 years ago
Briana Foods Inc., a manufacturer and distributor of grocery products, uses online recruiting for sales personnel.On its Website
valentinak56 [21]

Answer:

C) Providing an honest assessment of the job

Explanation:

In the given scenario the online recruitment process begins with a detailed job description of the sales representative position.

A job description is a statement of the requirements of a job role and also indicates key success steps on the job

Briana states that - A sales representative is required to distribute, sell, and promote Briana products.He or she should be the primary link with retail customers and consumers, execute company promotions, meet inventory needs, and monitor the competition within their region.A representativespends most of the worktime communicating with the customer to create a win-win solution.

This provides the applicants with a honest assessment of the job so they will know what to expect should they be successful

7 0
3 years ago
How did competitive forces lead to the repeal of the​ Glass-Steagall Act's separation of the banking and securities​ industries?
Ludmilka [50]

Answer:

A. Financial innovation motivated banks and other financial institutions to bypass the intent of the​ Glass-Steagall Act.

B. The​ Act's restrictions put American banks at a competitive disadvantage relative to foreign banks.

D. The Fed allowed bank holding companies to enter the underwriting business.

References for Explanation:

A. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 21

B. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 205

D. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 300

7 0
3 years ago
A researcher found that students who scored high on a test of reading achievement also scored high on a self-esteem inventory. t
alina1380 [7]

A researcher found that students who scored high on a test of reading achievement also scored high on a self-esteem inventory. the researcher can say that reading achievement and self-esteem are <u>positively correlated.</u>

Two variables that move together, or in the same direction, are said to have a positive correlation. A positive correlation exists when one variable increases as the other increases or when one variable decreases while the other decreases. Theoretically, the same external forces can affect both of these separate variables because they travel in the same direction.

A fully positive correlation means that the variables move together by the same proportion and direction 100% of the time. The demand for a product and the price that goes along with it are positively correlated. If demand increases in circumstances where the supply is constant, the price will go up.

To learn more about Positively Correlated from the given link.

brainly.com/question/27591911

#SPJ4

6 0
1 year ago
Evans Ltd. is now considering the possibility of offering a lifetime membership option to its subscribers. Under this proposal,
Ahat [919]

Answer: $329.75

Explanation:

The one year subscription is $40 per year. It is estimated that the average age of current subscribers is 38 and they will leave on average to 78. This means that they will leave for,

= 78 - 38

= 40 years

Evans Ltd  average interest rate on long-term debt is 12% so this means that we can use that 12% as a discount rate for the cash-flow expected.

I have attached a Present Value Interest Factor of an Annuity table to this question. It helps calculate annuities faster.

The above can be treated as an annuity because the $40 is constant every year.

The present value of the $40 over 40 years can be calculated by,

= $40 * present value Interest Factor of an Annuity for 40 years at 12% (look at the table for where 40 years on the y axis intersects with 12% on the x axis)

= $40 * 8.2438 (this is the figure when it is not rounded off to 3 dp)

= $329.752

= $329.75

This shows that the lifetime flat fee of $480 is more profitable for Evans Ltd as opposed to the yearly subscription. They should therefore try to sell more of the lifetime contract with the flat fee.

3 0
3 years ago
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