Answer:
The amount of amortized organizational expenses for the year 2013 would be $6,333 ( approximately )
Explanation:
First of all the important point here to note is that while calculating the amortized organizational cost we only include the legal fee for drafting the corporate charter and not the commission paid to underwriter or cost incurred while selling the stock.
In the legal fee for corporate charter too there are limitations , as only $50,000 are allowed as total expenditure to be amortized over a period of 15 years or 180 months. Where for the first year the limitation allowed is $5000 and rest of the amount would be amortized over 180 months.
So $45,000 - $5000 = $40,000
$40000 / 180 = $222.22
Now multiplying this by 6 months as the operations of company began on 1 July , 2013,
$222.22 x 6 = $1333.32
Now adding this amount to $5000 will give us the total amortized organizational expense,
$5000 + $1333.32 = $6,333.32
= $6,333 ( approximately )
Answer: 35.71%
Explanation:
Value of assets sold and replaced(D) = Stock × Share price
= 600,000 × $25
= $15,000,000.
Value of all assets = (Stock × Share price) of A + (Stock × Share price) of B + (Stock × Share price) of C + (Stock × Share price) of D
= (200,000 × $35) + (300,000 × $40) + (400,000 × $20) + (600,000 × $25)
= $42,000,000
= 0.3571
= 35.71%
Answer:
Denying your competition with the resources it needs to perform a deal and then getting the deal for your own company.
Explanation:
Ruthless is defined as having no pity or compassion. A ruthless business man is commonly described as taking advantage of others and engage in corrupt business practices.
The perfect example for a ruthless business man was John Rockefeller, who started wars in different continents, bribed government officials, and cheated on competing oil firms, etc.,etc.,etc.
The source of knowledge for the study of organizational behavior is mainly from the observation of group interactions over a period of time.
<h3>What is Organizational Behavior?</h3>
This refers to the study of interaction which occurs among individuals in a group and how their interactions affects relationships.
With this in mind, we can see that the source of knowledge which researchers have gotten from a study of organizational behavior is the observation of the group interactions over a period of time.
Read more about organizational behavior here:
brainly.com/question/24682686
<u>Complete question:</u>
Fairbanks Corporation purchased 400 shares of Sherman Inc. common stock as an investment in trading securities for $13,200. During the year, Sherman paid a cash dividend of $3.25 per share. At year-end, Sherman stock was selling for $34.50 per share. Prepare Fairbanks's journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment
<u>Solution:</u>
Given,
Total shares = 400
Trading securities = $13,200
Cash dividend = $3.25 per share
Sales price of stock = $34.50 per share
Note: The image attached shows the journal entries of all the transactions.
Dividend revenue is
Fair value adjustment is
The above values are entered in the journal transaction.