Answer:
maintain ownership control, by holding the class of stock with greater voting rights.
Explanation:
Stocks can be divided into two main categories, common stocks and preferred stocks. Preferred stocks grant no voting rights. But common stocks can also be classified in different classes, e.g. class A or class B common stocks. Generally class A stocks have higher voting rights than class B stocks, e.g. class A might have 10 voting rights per stock while class B only has 1.
A real world example is Google that has 3 different classes of common stock:
- class A: 1 voting right per stock
- class B: held by Google's founders and top management, not traded publicly, and they hold most of the voting rights
- class C: no voting rights
Answer:
$334,101.43
Explanation:
The computation of the value of this company is shown below:
Value of unlevered firm= [$63,300 × (1 - 23%)] ÷ 14.7%
= $331,571.43
And,
Value of this company = 331,571.43 + 23% of $11,000
= $331,571.43 + $2,530
= $334,101.43
As we know that value of the company is the mix o f levered firm and the unlevered firm according to that we done the calculations
Answer:
The correct answer is letter "A": affordable food creates an external benefit rather than an external cost in the case.
Explanation:
Externalities are costs third parties have to be responsible for even if they were not involved in causing the externality. There are positive externalities and negative externalities. <em>Positive externalities</em> are those that third parties benefit from. <em>Negative externalities</em> affect third parties.
Thus, importing less-expensive but chemically-dangerous food will create a positive externality to consumers purchasing those types of foods since less money is getting out of their pockets without them having to influence discounts.
Answer:
c. Kena recognizes a gain of $30,000
Explanation:
cash 650,000 debit
land 250,000 credit
gain at disposal 350,000 credit
liabilities 500,000 debit
cash 500,000 credit
Then, the company will close all account and leave kena account with a capital of 150,000 to mathc the remaining 150,000 cash
as her basis is 120,000 there will be a gain for 30,000
Answer:
Debit Depreciation Expense, $525;
Credit Accumulated Depreciation, $525.
Explanation:
Based on the information given in a situation where the financial statements are to be prepared on December 31, which means that the company should make the following adjusting entry:
Debit Depreciation Expense, $525
Credit Accumulated Depreciation, $525
Calculated as:
Debit depreciation expense $6,300/12
Debit depreciation expense=$525
