Large companies such as Walmart, IBM, and Ford are classified as C Corporations. C Corporations offer liability protection for their shareholders. Each shareholder is only financially liable for the amount he has invested in the company. I<span>ts profits are taxed separately from its owners under sub chapter </span>C<span> of the Internal Revenue Code.</span>
Answer:
The characteristics of industrial organic agriculture are:
- economies of scale and mechanization
- substitution of conventional inputs such as conventional fertilizer with organic fertilizers
- bagging technology makes the transport of organic salads possible
Explanation:
Pollan's book discusses how modern individuals have a disconnection between food and knowledge. Modern individuals just pick up their food and practically don't know anything about how that food got reached our tables.
Answer:
-9.92%
Explanation:
P₀ = Div₁ / (Re - g)
- Div₁ = next year's expected dividend = $1.12 x (1 - 11.5%) = $0.9912
- Re = cost of equity = ?
- P₀ = current stock price = $62.91
- g = dividend's growth rate = -11.5%
Re = (Div₁ / P₀) + g
Re = ($0.9912 / $62.91) - 11.5%
Re = 1.58% - 11.5% = -9.92%
Since the cost of equity or required rate of return cannot be negative, I suppose that investors are not worried about Abbott distributing dividends, instead, they prefer that the company reinvests earnings in new projects.
Answer:
$1,375
Explanation:
Given the information above, the Ending inventory = Units available - Units sold
Units available = 10 + 25 + 30 + 70 = 80
Units sold = 60
Ending inventory = 80 - 60
Ending inventory = 20
Cost of ending inventory under FIFO
= (15 × $70) + (20 - 15) × $65
= $1,050 + $325
= $1,375
Therefore, the ending inventory cost using FIFO is $1,375
