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Gekata [30.6K]
3 years ago
15

Diseuss and distinguished between public and private companies

Business
1 answer:
IrinaK [193]3 years ago
8 0

No. 1. A private company is a company which by its articles restricts the right to transfer its shares, if any, limits the number of its members to 50. A public company means a company which is not a private company. 2. In a Private limited company a minimum number of 2 directors is essential.

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What is a cost of filing bankruptcy?
nikitadnepr [17]

Answer:

It appears on a consumer's credit report for up to 10 years

Explanation:

Bankruptcy is a legal means of declaring that a person or business cannot repay its debts.

The cost of filing for bankruptcy is that it damages credit and appears on a consumer's credit report for up to 10 years after it has been filed.

5 0
3 years ago
Before moving out of their apartment, Kelly and Doug decided to have their carpets cleaned by Stanley Steemer, a company special
lilavasa [31]

Answer: Intangibility

Explanation: The intangibility of services is the incapacity to evaluate or judge the worth gained from engaging in an activity or work using any substantial proof. it is the service whereby there is no substantial product that the consumer can buy, which can be seen or felt, meaning that services do not have physical attributes.

In this case, Kelly and Doug couldn't judge the service with respect to the possible outcome prior to paying for it because of the intangibility of the service rendered which was carpet cleaning.

8 0
3 years ago
A survey question asked students​ "how many hours of tv do you watch per​ week?" using their​ responses, a researcher wants to e
sasho [114]
<span>The first thing the researcher wants to do is sort their ages. In the US, high school students probably fall within grades 9-12 or 10-12. While middle school students between grade one and six. This is a grouped data; to find the mean, we have to take cognizance of the "how many" I.e frequency; the mean of high school students is the sum of the product of the frequencies of their Age brackets multiplied by the midpoint of each age bracket divided by the sum of their frequencies. Say we have 12-14 yrs (where midpoint is 13 that is ((12 +14)/2) and this group say they watch 9 times then we multiply the midpoint and divide by the sum of the frequencies. If we do same for the middle school students, we can take the difference.</span>
8 0
4 years ago
You pay $21,600 to a mutual fund, which has a NAV of $18 per share at the beginning of the year. The fund deducted a front-end l
Tomtit [17]

Answer:

4.23%

Explanation:

For computing the rate of return on the fund, we need to do following calculations

1. The fund after deducting the front-end load is

= $21,600 - $21,600 × 4%

= $21,600 - $864

= $20,736

2. Now number of bought is

= $20,736 ÷ $18 per share

= $1,152

3. The closed NAV is

= $18 + $18 × 10%

= $18 + $.8

= $19.8

4. So, the end year asset value is

= Closed NAV × number of shares bought

= $19.8 × 1,152

= $22,809.60

5. Now the year end investment value after considering the expense ratio is

= $22,809.60 × (1 - 1.3%)

= $22,513.0752

6. Now the rate of the return is

= ($22,513.0752 - $21,600) ÷ ($21,600)

= 4.23%

8 0
4 years ago
Beginning inventory, January 1 1,450 $ 50 Transactions during the year: a. Purchase, January 30 2,150 62 b. Sale, March 14 ($100
atroni [7]

Answer:

cost of goods sold is $197,800

ending inventory is $55,000

Explanation:

LIFO System is an Inventory Management Method that sells the Recent Inventory Acquired First followed by older Inventory.

<u><em>Cost of Goods Sold</em></u>

March 14 = (1,380×$62) = $85,560

August 31 = (1,130×$80) =  $90,400

                 =  (70×$62)    =   $ 4,340

                 = (350×$50)   =  $ 17,500

Total                                =  $197,800

<em><u>Closing Inventory</u></em>

(1,100×$50) = $55,000

6 0
4 years ago
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