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2 years ago

I need to know, which type of LLC/Corp I need to form, to trade stocks..

1 answer:

6 0

In order to publicly trade stocks, you must form a Public Corporation.
All of the assets in the LLC is structured to belong only to a certain number of selective owners.
An LLC does not possess the right to publish stock in the stock market, but they're not required to be checked by public auditor either.

You might be interested in

Identify two components from the business environment and support them with one example of each

aev [14]

Business environment is simply the environment in which the business operates.

It includes the industry situation, the customers, the suppliers, the demand and supply of products of business, competitive position, government regulations, and everything that affects the business, directly or indirectly.

3 0

1 year ago

Break-Even Point

11111nata11111 [884]

Answer:

The right answer is:

(a) 5916 units

(b) 5046 units

Explanation:

Given:

Sales,

= $59

Variable cost,

= $30

Fixed cost,

= $171,564

Increased sale,

= $64

Now,

(a)

Contribution margin will be:

= $Sales - Variable \ cost$

= $59-30$

= $29 \ per \ unit$ ($)

hence,

Breakeven will be:

= $\frac{Fixed \ cost}{Contribution \ margin}$

= $\frac{171564}{29}$

= $5916 \ units$

(b)

Contribution margin will be:

= $Sales-Variable \ cost$

= $64-30$

= $34 \ per \ unit$ ($)

hence,

Breakeven will be:

= $\frac{Fixed \ cost}{Contribution \ margin}$

= $\frac{171564}{34}$

= $5046 \ units$

5 0

2 years ago

A bank has $8,000 in deposits and $6,000 in loans. It has loaned out all it can given the reserve requirement. It follows that t

Wittaler [7]

Answer:

c. 25 percent.

Explanation:

The computation of the reserve requirement percentage is shown below:

Given that

Deposits made = $8,000

Loans = $6,000

So the required reserve is

= deposits made - loans

= $8,000 - $6,000

= $2,000

Now the required reserve is

= $2,000 ÷ $8,000

= 25%

Hence, the correct option is c. 25 percent

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0

3 years ago

True or false: A management contract is an arrangement in which one firm contracts with another to produce products to its speci

Nina [5.8K]

The statement which states that a management contract is an arrangement in which one firm contracts with another to produce products to its specifications is false

According to the given question, we are asked to show whether a management contract is one where there is an arrangement between two firms to produce its goods to its specifications.

As a result of this, we can see that a management contract is one where one firm gives its management skills in part or in full to another firm.

With this in mind, we can see that contract manufacturing is one where there is an arrangement in which one firm contracts with another to produce products to its specifications but is in charge of the marketing.

Therefore, the correct answer is false.