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wariber [46]
2 years ago
10

For a firm like project repat, one of the advantages of incorporation is.

Business
1 answer:
Scrat [10]2 years ago
4 0

One of the advantages of incorporation for a company with project repatriation is limited liability, which protects the private assets of owners and stakeholders if the company goes bankrupt.

<h3 /><h3>Limited liability</h3>

It is a legal framework that protects the attachment of shareholders' private assets to pay the company's debts if the company goes bankrupt, the company's assets can be pledged in this situation.

Therefore limited liability is a legal framework that generates greater security and attracts more investors.

The correct answer is:

  • Limited liability

Find out more information about limited liability here:

brainly.com/question/7302239

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The following information relates to a company’s accounts receivable:
notka56 [123]

Answer:

1. $31,000

2. $40,000

Explanation:

1. Computation of bad debt expenses for the year

Bad debt expenses = Credit sales × Bad debts expenses

= $1,550,000 × 2%

= $31,000

2. Computation of year end balance

Year end balance = Beginning balance + Bad debt expense - Written off

= $31,000 + $31,000 - $22,000

= $40,000

Therefore for computing the bad debt expenses and year end balance we simply applied the above formula.

6 0
3 years ago
Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
soldier1979 [14.2K]

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Estimated manufacturing overhead = Rent on factory building  + Depreciation on factory equipment + Indirect labor + Production Supervisor's salary

= $15,000 + $8,000 + $12,000 + $15,000

= $50,000

And, the estimated direct labor hours is 20,000

So, the rate is

= $50,000 ÷ 20,000

= $2.5 per direct labor-hour

8 0
3 years ago
A. the repairs do not extend beyond the damage suffered.
TEA [102]
It would be c. hope that helps
5 0
3 years ago
When Mi Ola’s purchasing manager places the weekly order for new bikinis based on how many of each type have sold that week, thi
geniusboy [140]

Answer:

The process of making this decision By the CLASSICAL MODEL of decision making

Explanation:

The classical general equilibrium model was developed in the 18th century within the neoclassical economics and it is related to classical economics.

The classical general equilibrium model aims to describe the economy by taking an aggregate of the behavior of individuals and firms.

Decision taken using this Method is usually based on what the eyes are seeing. Facts.

From the text, Ola buys new bikinis weekly based on the designs the customers are buying more. He decides on what to buy for the new week by looking at the designs that his customers went for the previous week. This is a clear case of Classical model of Decision making.

5 0
3 years ago
A __________ is an example of an external user of financial information.
Alchen [17]
<span>External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.</span>
7 0
3 years ago
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