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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.

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A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return

Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

7 0

2 years ago

Caramel Corporation has 5,000 shares of stock outstanding.

Jet001 [13]

<u>Answer and Explanation:</u>

Caramel Corporation outstanding share are 5000

Caramel Corporation distributes $145,000 in an exchange for 1000 number of shares in a qualifying stock redemption.

Given : caramel Corportaion has E&P of around $300,000.

E&P attributable to 1000 number of shares = $300000 * 1000 / 5000=\$ 60,000$

Therefore, the consequence of this redemption are $60,000 charge to E&P and reduction in caramel Corporation paid-in capital account is $85000 ($145000 subtract $60000)

4 0

3 years ago

Lillich, Inc., manufactures and sells two products: Product U6 and Product R5. Data concerning the expected production of each p

Goryan [66]

Answer:

Lillich, Inc.

c. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $5.63.

Explanation:

a) Data and Calculations:

Direct labor rate = $28.00 per DLH

Product U6 Product R5 Total

Expected production 690 1,060

Direct materials cost/unit $250.40 $167.80

Direct Labor Hours/unit 8.9 5.9

Total direct labor hours 6,141 6,254 12,395

Direct labor costs $171,948 ($28*6,141) $175,112 ($28*6,254)

Total direct materials cost $172,776 ($250.4*690) $177,868 ($167.8*1,060)

Total overhead $636,360 $658,752 $1,295,112

Total production cost $981,084 $1,011,732

Expected production 690 1,060

Cost per unit $1,421.86 $954.46

Traditional costing:

Direct labor costs $171,948 ($28*6,141) $175,112 ($28*6,254)

Total direct materials cost $172,776 ($250.4*690) $177,868 ($167.8*1,060)

Total overhead $641,612 $653,418 $1,295,112

Total production cost $986,336 $1,006,398

Expected production 690 1,060

Cost per unit $1,429.47 $949.43

Allocation of overhead based on direct labor hours

= $ 1,295,086/12,395

= $104.48 per DLH

Product U6 = $641,612 ($104.48 * 6,141)

Product R5 = $653,418 ($104.48 * 6,254)

Estimated Expected Activity

Activity Cost Pools Activity Overhead Product Product Total

Measures Costs U6 R5

Labor-related DLHs $ 201,638 7,125 7,280 14,405

Production orders Orders 72,840 1,350 1,250 2,600

Order size MHs 1,020,608 6,500 6,800 13,300

Total $ 1,295,086

Overhead rates:

Labor-related = $201,638/14,405 = $14.00 per DLH

Production orders = $72,840/2,600 = $28.00 per order

Order size = $1,020,608/13,300 = $76.74 per machine hour

Overhead allocation:

Product U6 Product R5 Total

Labor-related $99,750 (7,125*$14) $101,920 (7,280*$14) $201,670

Production orders 37,800 (1,350*$28) 35,000 (1,250*$28) 72,800

Order size 498,810 (6,500*$76.74) 521,832 (6,800*$76.74) 1,020,642

Total overhead $636,360 $658,752 $1,295,112

5 0

2 years ago

Jax is reading an informational text that uses words and phrases like as a result of, due to, and consequently. what type of inf

saul85 [17]

Jax is reading an informational text that uses words and phrases like as a result of, due to, and consequently. Jax is reading about the conjunction.

<h3>What is Conjunction?</h3>

A conjunction, often known by the abbreviations conj or cnj, is a speech unit that joins the conjuncts of a conjunction, which are words, phrases, or clauses.
There may be overlap between this description and that of other elements of speech, therefore it is necessary to specify what a "conjunction" is in each language.
Depending on the sentence's grammar, a given word in English may have various meanings, including preposition or conjunction. For instance, the preposition after is a conjunction in "he departed after they battled," but a preposition in "he left after the fight."
A conjunction is typically an unchanging (uninflected) grammatical particle that can stand between the conjoined items or not.

To know more about conjunction with the given link

brainly.com/question/3685906

#SPJ4

5 0

1 year ago

GE buys back 300,000 shares of its stock from investors at $45 a share. Two years later it reissues this stock for $65 a share.

neonofarm [45]

Answer:

The correct answer is Option A.

Explanation:

Treasury stocks are simply company's own stock repurchased by the company. When this happens, there is cash outflow in order to increase the stock.

When GE bought back 300,000 shares of its stock from investors at $45 a share, the value of the treasury stock was 300,000 shares x $45 = $13.5m. However, the stock was reissued for $65 a share, translating to 300,000 shares x $65 = $19.5m cash receipt.

The appropriate entries to raise would be a debit to cash for $19.5 million, a credit to Treasury Stock for $13.5 million, and a credit to Additional Paid-in Capital for $6 million.

4 0

2 years ago