Current assets minus current liabilities is called

Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of t

alex41 [277]

The statement " Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of the initial stock offering " is FALSE.

Explanation:

Incorporation of a business means making a company officially known by the company's sole property or general partner. If a company forms, it becomes a legal structure separating the individuals who founded the company.

Even though a company does not have a office there, the company must always have a registered agent within the state of incorporation.

Incorporation provides shareholders with immunity from personal liability for the company's debts.

8 0

3 years ago

McRae Corporation's total current assets are 412,000, its non-current assets are $524,000, its total current liabilities are____

lapo4ka [179]

Answer: See explanation

Explanation:

It should be noted that:

Working capital = Current assets - Current liabilities

$356000 = $412000 - Current liabilities

Current liabilities = $412000 - $356000

Current liabilities = $56000

Stockholders equity = Total asset - Total liability

Total asset = $412000 + $524000 = $936000

Total liabilities = $56000 + $274000

= $330,000

Stockholders equity = Total asset - Total liability

= $936000 - $330000

= $606000

5 0

3 years ago

Teresa's Performance Pizza is a small restaurant in Detroit that sells gluten-free pizzas. Teresa's very tiny kitchen has barely

ikadub [295]

Answer:

Variable inputs;Fixed inputs

Explanation:

Based on the information given In the short run, these workers are VARIABLES inputs, and the ovens are FIXED inputs reason been that we were told that her decision as regards to how many workers to use often vary from week to week due to the fact that her workers are students which means that her workers can often be changed which was why it was regarded as VARIABLE INPUTS while ovens on the other hand are considered to be FIXED INPUTS reason been that we were told that she cannot change the number of ovens which she uses in her production of pizzas due to the fact that her kitchen cannot contain more than four ovens which means that the number of oven cannot be my changed which was why they are regarded as FIXED INPUTS.

4 0

3 years ago

What is a disadvantage of using credit?

Rom4ik [11]

Not being able to pay it off is a big one.

5 0

3 years ago

Read 2 more answers

Rhonda has hired a worker to stand on the corner and wave a sign advertising her business. It costs her $10 per hour to have thi

Effectus [21]

Answer:

When Rhonda hires the worker to wave the sign for one hour per day, the marginal cost is $10 and the marginal benefit is $35. When Rhonda hires the worker to wave the sign for two hours per day, the marginal cost of the second hour is $10 and the marginal benefit of the second hour is $20.

Explanation:

The marginal cost is a cost in economics used to measure the amount that will be incurred for making an additional unit of a product or rendering an additional unit of a service. It is generally calculated by dividing the difference in the total cost at two different levels of activity by the difference in the corresponding number of products at the two levels. That is,

$\frac{Difference in Total Cost}{Difference in levels of activity}$

Since it costs Rhonda $10 per hour the worker waves the sign, it is easy to calculate the total cost at different levels of work. This means 1 hour of waving the sign = $10 × 1 = $10, 2 hours of waving the sign = $10 × 2 = $20, and so on.

Marginal cost for every hour is therefore $10.

The concept also applies to marginal benefit. Benefit here implies revenue from business less cost incurred.

For when the worker waves the sign:

For 0 hour, revenue = $3 (average customer spending) × 50 = $150.

For 1 hour, revenue = $3 × 65 = $195

For 2 hours, revenue = $3 × 75 = $225

Marginal Revenue:

For 1 hour = $\frac {195-150}{1 hr - 0 hr}$ = $45

For 2 hours = $\frac {225-195}{2hr-1hr}$ = $30

Therefore, marginal benefit at 1 hour = $45 - $10 = $35

Marginal benefit at 2 hours = $30 - $10 = $20

3 0

4 years ago