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Natalka [10]
3 years ago
13

Explain how a company will “go public” by issuing an IPO.

Business
1 answer:
user100 [1]3 years ago
8 0

Answer:

They offer shares and release their company on the stock market to be publicly traded.

Explanation:

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Assume the plum corporation has two different issues of common stock. one issue carries voting rights, and the other issue does
Alchen [17]

Assume the Plum Corporation has two different issues of common stock. One issue carries voting rights, and the other issue does not. In this situation, Plum is said to have issued classified stock.

A legal entity is a form of legal entity that is also a separate legal entity from its owner. All companies are companies, but not all companies are necessarily companies. The standard answer today is that the purpose of a corporation is to benefit its shareholders. Scholars talk about the 'shareholder-first norm' and many talks about the role of corporate leaders as 'shareholders'. Wealth maximization”. Even seemingly selfless entrepreneurial actions B. charitable donations are considered legitimate.

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6 0
1 year ago
What is the normal journal entry when writing-off an account as uncollectible under the allowance method?.
kherson [118]

The journal entry when writing off an account as uncollectible under the allowance method is:

Allowance for Doubtful Debts     ( Dr.)              xxxxx

Accounts Receivable       ( Cr.)                                                 xxxxx

The allowance technique involves putting aside a reserve for terrible debts that are expected in the future. The reserve is based on a percent of the income generated in a reporting length, possibly adjusted for the danger associated with positive clients.

The allowance technique is used to determine how an awful lot of money a commercial enterprise needs to set apart for future awful or unrecoverable customer debt. It factors in the price of the losses an organization expects from extending patron credit.

The allowance approach requires a small commercial enterprise to estimate at the cease of the 12 months how an awful lot awful debt they have got, while the direct write-off method we could owners write off horrific debt whenever they determine a patron might not pay an invoice.

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5 0
2 years ago
"Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric
Assoli18 [71]

Answer:

Total costs= $75,000

Explanation:

Giving the following information:

For 10,000 units:

$40,000 for direct labor

$4,000 for electric power

Total fixed costs are $23,000

We need to determine the unitary variable cost for direct labor and electric power:

Unitary direct labor= 40,000/10,000= $4

Electric power= 4,000/10,000= $0.4 per unit

Now, for 12,000 units:

Total direct labor cost= 4*12,000= $48,000

Electric power= 0.4*12,000= $4,800

Fixed costs= 23,000

Total costs= $75,000

4 0
3 years ago
Joseph is instructed by his employer, Helen, to go to the local donut shop during his lunch break and purchase six-dozen donuts
salantis [7]

Answer:

B. False.

Explanation:

Helen instructed Joseph during his active working hour does not matter if he is on his lunch break or not, so Joseph is entitled to workers compensation.

6 0
3 years ago
In which phase of the job search cycle will you write a thank-you letter to the company following your interview?
ikadub [295]

Answer:

c. Shine at Interviews

Explanation:

We write a thank-you letter to the company after shine at Interviews in order to follow up

6 0
3 years ago
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