The two most well-known stores in the world are still Walmart and Costco. Both businesses are still highly renowned for their affordable rates, carefully chosen merchandise, and distinctive products.
Founded in 1962, Walmart today runs more than 5,000 stores worldwide, while Costco manages more than 800 warehouses. In recent years, the rivalry has intensified as people contrast Walmart's extensive presence with Costco's explosive growth.
Food Courts at Costco Walmart provides dining options
Members can frequently stop by the counter for some post-shopping goodies in the well-liked Costco food court. These cherished menu items, which include the pizza, onion crank, and $1.50 hot dogs, continue to be customers' favorites throughout its warehouses.
Walmart functions somewhat differently. You may be welcomed by a restaurant that is housed inside the store after you enter or exit depending on which side of the store you enter. Wendy's, Frutta Bowls, Saladworks, and even the fast-casual Shawarma Press have joined the Walmart market and have taken up residence inside its stores.
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the irr of project y is greater than the irr of project x, and both irrs are greater than zero. also, the npv of x is greater than the npv of y. if the two projects are mutually exclusive, project x should definitely be selected.
False , because the cost of capital is greater than the crossover rate, the NPV and IRR of X are greater than those of Y.
What is IRR?
The internal rate of return (IRR) is indeed a company's financial metric that is used to assess the profitability of investment opportunities. IRR is a discount rate in a discounted cash flow analysis that causes the present value (NPV) of all free cash flow to just be zero. The same formula is used in IRR calculations as in NPV calculations. Keep in mind that IRR is not the actual dollar value of the project. The annualized return is what brings this same net present value to zero. In general, the higher an investment's internal rate of return, the much more appealing it is. IRR is coherent across investment types and can therefore be used to rank multi-frequency investments or projects fairly.
If the cost of capital is less than the cross over rate (the rate at which both NPVs are equal), the NPV of X may be less than the NPV of Y, and thus X may be rejected. If the cost of capital is higher than the cross-over rate, the NPV of X may be greater than the NPV of Y, and thus X may be accepted.
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you are a member of a team preparing a set of food processing regulations. at a meeting, one of the food processing manufacturers offered you a gift valued at more than what your company’s policy allows. you are aware that there is no gifting policy in that manufacturer’s organization. your most ethical approach is to: (check all that apply)
The correct option is not accept it because it would violate your company's gifting policy.
The required details about company policy is mentioned in below paragraph.
A company policy is a set of guidelines and rules that employers can use to formalize their expectations and standards for the health and safety of employees, accountability, best practices, and internal business procedures.
Company policies are put in place to define the behavior expectations inside an organization and to outline the duties of both employers and employees. The administration of firm policies and processes aims to safeguard both the business interests of employers and the rights of employees. Various policies and procedures set guidelines for employee behavior, attendance, dress code, privacy, and other areas connected to the terms and circumstances of employment depending on the needs of the firm.
(complete question)
You are a member of a team preparing a set of food processing regulations. At a meeting, one of the food processing manufacturers offered you a gift valued at more than what your company’s policy allows. You are aware that there is no gifting policy in that manufacturer’s organization. Your most ethical approach is to: (check all that apply)
accept it if they promise not to tell your company.
not accept this gift because it could influence your judgements or you will be perceived as favoring that manufacturer.
accept it if someone else from your company accepted it
accept the gift so as not to embarrass the manufacturer.
not accept it because it would violate your company's gifting policy.
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according to the expectations hypothesis, what is the market’s expectation of the yield curve one year from now? specifically, what are the expected values of next year’s yields on bonds with maturities of (a) one year? (b) two years? (c) three years?
a. The market’s expectation of the one-year interest rate three years from now is 11.01%
What is expectation hypothesis?The expectations hypothesis of the term structure of interest rates is the idea that the long-term rate is solely determined by the present and expected future short-term rates, such that the expected final value of wealth from investing in a series of short-term bonds will be equal to the final value of wealth from investing in long-term bonds.
According to expectations hypothesis, If market's expectation of 1-year rate three years from now is r, then :
(1 + 9%)∧3 * (1 + r)∧1 = (1 + 9.5%)∧4
a. r = 11.01%
The market’s expectation of the one-year interest rate three years from now is 11.01%
If the expected value of next year's yields on 1 year bonds is r, then :
(1 + 7.5%)∧1 * (1+ r)∧1 = (1 + 8.5%)∧2
b.a r = 9.51%
If the expected value of next year's yields on 2 year bonds is r, then :
(1 + 7.5%)∧1 * (1+ r)∧2 = (1 + 9%)∧3
b.b r = 9.76%
If the expected value of next year's yields on 3 year bonds is r, then :
(1 + 7.5%)∧1 * (1+ r)∧3 = (1 + 9.5%)∧4
b.c r = 10.17%
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a company purchased $8,900 of merchandise on june 15 with terms of 3/10, n/45. on june 20, it returned $445 of that merchandise. on june 24, it paid the balance owed for the merchandise taking any discount it was entitled to. the cash paid on june 24 equals:
Discounts are subtracted from a buyer's total amount due when buying products or services. Sellers frequently provide discounts to promote early payment of products or services.
They are typically indicated as a percentage of the selling price and are only valid during the "discount period," which is a finite window of time.
Purchase returns: Gross Purchases 8,900 Less (445)
Net purchases: 8,455
Trade discounts and cash discounts are the two sorts of discounts available.
What distinguishes the credit period from the discount period?
If the account is paid in full before the end of the discount period, the customer can be eligible for a cash discount rate. The duration of the trade credit is known as the credit period, and up until the end of the credit term, no interest is applied to the outstanding balance.
How Do Credit Periods Work?
The amount of days that a customer has to wait before paying an invoice is known as the credit period. The idea is crucial because it shows how much working capital a company is prepared to put into its accounts receivable in order to increase sales.
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consider a $100 increase in gdp per capita. in 2012, niger had a gdp per capita of approximately $, and the united states had a gdp per capita of $. calculate the corresponding growth rates for these two countries. niger's growth rate is enter your response here percent, and the u.s. growth rate is enter your response here percent. (round your responses to two decimal places.) part 3 thus, ▼ niger the united states started out with a lower base and had ▼ a higher the same a lower growth rate.
GDP per capita is calculated by dividing the total gross value contributed by all producers who are residents of the economy by the mid-year population, plus any product taxes (less subsidies) that are not taken into account when valuing output.
How is the growth in GDP per capita calculated?
Real Gross Domestic Product (GDP) per capita annual growth rate is measured as the percentage difference in real GDP per capita over two consecutive years. By dividing GDP at constant prices by the population of a nation or region, one can get real GDP per capita.
What occurs when the GDP per person rises?
The size of the economy as a whole increases with faster GDP growth, which also improves fiscal conditions. The material standard of living for the average American rises as a result of broadly shared growth in per capita GDP.
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bruce is a cpa who operates his tax service business as a sole proprietorship. he files a joint tax return with his wife. their tax return reported $375,100 in taxable income and $395,000 in profit from the tax service, before the deduction for qualified business income (qbi). how much of the income from bruce's tax services is eligible for the qbi deduction?
The income from Bruce's tax services that is eligible for the qualified business income (QBI) is $216,065.
What is the qualified business income deduction?The IRS allows self-employed persons qualified business income (QBI) deductions.
The QBI deduction is 20% of business income.
Bruce's joint taxable income = $375,100
Profit from tax services = $395,000
Total taxable income in 2021 must be under $329,800 for joint filers.
Determining the Percentage for QBI:
$375,100 - $329,800 = $45,300
= 45.3% ($45,300 ÷ $100,000)
45.3% is not eligible for the QBI deduction
Qualified Business Income percentage = 54.7% (1 - 45.3%)
= $216,065 ($395,000 x 54.7%)
Amount of the QBI deduction = $43,213 ($216,065 x 20%)
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what is the estimate of walmart's long term growth assuming the constant growth period started in 2014 when the dividend per share was $1.89? answer in % terms w/o the % sign.
The estimation of Walmart's long term growth assuming the constant growth period started in 2014 when the dividend per share was $1.89 is $42.60 is the answer in % terms w/o the % sign.
The solution to the above mentioned equation is given below.
$42.60 is the answer in % terms w/o the % sign.
Given about Walmart's stock,
required return r = 7%
Growth rate g = 1.93%
Last dividend D0 = $2.12
So expected dividend in 2021 is D1 = D0*(1+g) = 2.12*1.93 = $2.16
So, Current stock price can be calculated using constant growth model,
Current stock price P0 = D1/(r-g) = 2.16/(0.07-0.0193) = $42.60
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borrowed $100 from her cousin at the rate of 10% per year. if the inflation rate was 4% that year, what is her cousin's actual rate of return on the loan
Borrowed $100 from her cousin at the rate of 10% per year. if the inflation rate was 4% that year, what is her cousin's actual rate of return on the loan is 6%-2%=4%.
In the field of economics, In the study of economics, inflation is the term that denotes a steady rise in the price of products and services across a state. As the general price level rises, each unit of currency may buy fewer goods and services, hence inflation is related to a reduction in the purchasing power of money. The opposite of inflation is deflation, which is a persistent rise in the overall level of prices for goods and services. The most common measure of inflation is the annualized percentage change in a general price index, sometimes known as the inflation rate.
Because price rises are not constant across the board, the consumer price index (CPI) is widely used for this purpose. The employment cost index is also used to determine wages in the US
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cliff company traded in an old truck for a new one. the old truck had a cost of $79,000 and accumulated depreciation of $63,200. the new truck had an invoice price of $129,000. huffington was given a $12,640 trade-in allowance on the old truck, which meant they paid $116,360 in addition to the old truck to acquire the new truck. if this transaction has commercial substance, what is the recorded value of the new truck?
Answer:
The recorded value of new truck = $129,000
Explanation:
Market value of new truck = invoice price = $129,000
Book value of old truck = 79000-63200 = $15,800
Cash paid = $116,360
Loss = 15800+116360-129000 = $3,160
Now since transaction has commercial substance and there is loss on exchange, therefore New truck will be recorded for market value.
Hence recorded value of new truck = $129,000
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the partnering for success feature in chapter 7 focuses on the topic of vesting company stock. according to the feature, a typical startup's vesting schedule lasts and includes a 12-month cliff. 12 months 12 months to 24 months 24 months to 36 months 36 months to 48 months 48 months to 60 months
The Savvy Entrepreneurial Firm section in Chapter 7 discusses vesting company stock. A typical startup's vesting schedule, according to the feature, lasts 36 to 48 months and includes a 12-month cliff.
What exactly is a savvy entrepreneurial firm?To be successful, starting a business necessitates a number of factors. The desire to be one's own boss, to pursue one's own idea, or to gain financial rewards must be met with shrewdness and persistence. Failure should not be considered an option, but rather a learning experience that guides future decisions. An entrepreneur gets things done and enjoys being competitive. A true entrepreneur is unpredictable; he or she has a certain level of creativity that allows them to see and produce "ahead of the curve." An entrepreneur, on the other hand, cannot be successful without strong people skills.To learn more about Entrepreneur, refer to:
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outstanding checks have already been . multiple choice question. deducted from your cash balance per your books but not the bank balance added to the bank balance and not to your cash balance per your books deducted from the bank balance but not the cash per your books added to your cash balance per your books and not to the bank balance
Any items (outstanding checks, deposits in transit, etc.) that have been recorded in the business' general ledger accounts but have not yet shown up on the bank statement will be recognized as an adjustment to the amount per bank statement.
Deposits in transit are added to the balance per bank while pending checks are subtracted from it.
The items are marked as a modification to the amount per book if they appear on the bank account but have not yet been recorded in the books.
Charges for bank services, check-to-print, and other digital reductions that have not yet been reflected in the company's financial statements will be subtracted from the cash balance according to the books.
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is the sacrifice involved in making one decision over another
An opportunity cost is the sacrifice involved in making one decision over another.
What is an opportunity cost?The worth of what you forgo while deciding between two or more possibilities is known as opportunity cost. Every decision entails trade-offs, and opportunity cost refers to the possible advantages you'll forgo by selecting one course over another.
In plain English, it could be described as the value that is lost when a company must choose between two or a lot of options.
It is the value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply say, it connote that if a person select one activity, that person does forfeit the ability to do another.
Therefore, Note that Another word for the term opportunity cost are:
ValueAssessmentMonetary valueAverage costLearn more about opportunity cost from
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a two-day offsite retreat was held for a team of executives of a major hospital including the hospital's ceo, president, and vice-presidents. over the course of the two-days, the executives engaged in brainstorming sessions and worked together to articulate the direction the hospital should take and specific objectives that should be achieved over the next 5 years. the team focused considerable attention to objectives related to the affordable care act and rising numbers of patients eligible for medicare. the executives were engaged in
The team focused considerable attention to objectives related to the affordable care act and rising numbers of patients eligible for Medicare. the executives were engaged in Strategic Planning.
Defining an organization's future vision and determining its goals and objectives are both done through the process of strategic planning. In order for the company to achieve its stated vision, the process also include determining the order in which those goals should be accomplished.
Though it can run longer, strategic planning generally entails objectives with a three to five-year life span. This differs from business planning, which usually concentrates on tactical, short-term goals, including how a budget is allocated. A business plan may encompass a period of time that is many months or even several years long.
Strategic planning results in a strategic plan. A strategy paper or other media will frequently reflect it. People with different backgrounds, such as workers, customers, business partners, and investors, may easily communicate, comprehend, and follow these strategies.
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if an american receives dividends from the shares of stock he or she own in toyota, inc., a japanese firm, the transaction would be recorded on the u.s. balance of payments as a
If a citizen of the United States receives dividends from shares of Toyota, Inc. stock they own, the transaction would be recorded on the country's balance of payments as a Current account credit.
What does the term "balance of payments" mean?The balance of payments summarizes an economy's international economic dealings. These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).
The balance of payments is used to track international transactions. Money entering a country causes a rise in the balance of payments (BOP). When money departs a country, a deduction is made. For instance, when a country sells 20 dazzling red convertibles to another country, the balance of payments is credited.
What is the current account's payment balance?The balance of trade in goods and services, along with net investment income from foreign assets and net transfers, make up the current account of the balance of payments.
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is/are the board’s right to perform any and all acts necessary to exercise a corporation’s expressly conferred authority and to accomplish the purpose(s) for which it was created.
Implied corporate authority is the board’s right to perform any and all acts necessary to exercise a corporation’s expressly conferred authority and to accomplish the purpose(s) for which it was created.
Implied authority can be defined as an agent with the jurisdiction to perform acts that are reasonably necessary to accomplish the purpose of an organization. Implied corporate authority is created in a situation where the authority to act on behalf of someone else is implied by the actions of a person. The example of implied authority, there may be implied authority when an employee wears a uniform or nametag.
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the different stages a product goes through during its existence is known as blank . multiple choice question. market modification the development cycle the product life cycle product branding
The product life cycle is the different stages a product goes through during its existence is known as blank. Hence, option C is correct.
What is product life cycle?The four phases of a product's life cycle are introduction, growth, maturation, and decline. Product life cycles are used by management and marketing experts to help them decide on things like advertising schedules, price points, entering new product markets, changing packaging, and more.
The five stages that make up a product's life cycle are development, introduction, growth, maturity, and decline.
Thus, option C is correct.
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If you invest $8,600 at a 3.95% simple annual interest rate, approximately how long will it take for you to have a total of $21,000? a. 25.3 years b. 36.5 years c. 45.9 years d. 60.7 years please select the best answer from the choices provided a b c d
The annual interest produced by a sum that is paid to investors or charged to borrowers is referred to as the annual percentage rate (APR). APR is a percentage that expresses the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment.
Are annual rates and interest rates the same?
APR represents the total yearly cost of a loan to the borrower, including all fees. The APR is stated as a percentage, just like an interest rate. It does, however, contain other costs or fees such mortgage insurance, the majority of closing costs, discount points, and loan origination fees, unlike an interest rate.
How does interest compound annually?
An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of the principal you'll pay annually. APR is another term for the yearly rate of interest paid on investments that does not take into account the annual compounding of interest.
b. 36 Years
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Assume that bee bees fish store uses a periodic lifo inventory system. Its ending inventory consists of 13 fish. Calculate the dollar value of its ending inventory.
The dollar value of its ending inventory is $165.
Periodic can be defined as the Inventory account is not updated during the accounting period. The cost of merchandise purchased from suppliers will be debited to the general ledger account Purchases.
The periodic LIFO inventory system allows a business to track its beginning inventory and ending inventory within an accounting period.
Since there is the ending inventory units i.e. 13, so:
Dollar value of its ending inventory = 10 × $12 + 3 × $15
Dollar value of its ending inventory = $120 + $45
Dollar value of its ending inventory = $165
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a young first-time investor wants to put $10,000 of savings in an investment that she wants to see grow over many years. she intends to add to it in s
Class B shares the most suitable share class for this initial investment.
What is initial investment?
An initial investment is the amount of money required to open an account or establish a buy-in relationship. The word "initial investment" is most commonly employed in two distinct but connected industries: banking and long-term investment brokerage. To establish ownership of an account in banking, an investment in the form of an initial deposit is normally required. The same initial deposit in investing creates ownership, but it is frequently put down in the hopes of spurring future growth.
Back-end loads (sales costs) on B class shares are only payable when the shares are redeemed, and such sales charges normally dissipate over the first 5 to 7 years. Until they vanish totally, the investment is beneficial. As a result, B shares are generally best suited for smaller investments with a longer investing time horizon (where taking advantage of breakpoints is not a factor), such as this one.
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consider an imaginary economy that has been growing at a rate of 4% per year. government economists have proposed a number of policies to increase the growth rate but first need to convince the president that the policies will pay off. to do so, they want to present a comparison of the number of years it will take for the economy to double, depending on the growth rate.
The rate is 4%, hence 18 years are needed to double the investment.
What is Compound Interest?When money is invested at an interest rate for more than one period, compound interest develops. The interest is applied to the investment as well as the accrued interest form previous periods in periods after the initial period. As a result, the investment's growth is accelerated.
According to the given data:Growth Rate Years to double(rounded to nearest whole number)
4 18
According to the rule of 70, it takes a sum of money n years to increase in value at an interest rate of I percent.:
n = 70/i
the rate is 4% so the number of years to double the investment is:
n = 70/4
= 17.5
the rate is 4%, hence 18 years are needed to double the investment.
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the positioning strategy can help convey the firm's or the product's which communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it
The positioning strategy can assist in communicating the company's or the product's value proposition, which communicates the customer benefits to be received from a good or service and thus gives reasons for wanting to buy it.
How do you define positioning strategy?The goal of a positioning strategy also referred to as a market positioning strategy or brand positioning strategy, is to set a brand apart from its rivals. By clearly communicating a brand's competitive advantage, positioning strategies aim to change consumer perception. Here are a few strong positioning techniques.
product costdistinctive value propositionproduct excellencethe position of competitorsIt is essential to internalize this knowledge for key stakeholders in a brand positioning statement after conducting the required research and choosing a positioning strategy. Then, work with marketing teams to create messaging that is consistent with it.
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a firm in a competitive market receives $1,040 in total revenue and has marginal revenue of $20. the firm's average revenue is $ , and units were sold.
The firm's average revenue is $20 in a competitive market and units sold is 50 units. Average revenue is same as Marginal Revenue.
Therefore, Average revenue is $20.Units sold = total revenue / average revenue= $1,040 / $20= $50A measure of a product's profitability based on how much money is made from each of its customers or subscribers is called average revenue per unit (ARPU). For businesses in the media and telecommunications sectors, which depend on subscribers or users, it is an especially helpful metric. Total income divided by the quantity of units, customers, or subscribers is the standard formula for calculating ARPU. Average revenue per person is another name for it. It may even be referred to as average income per SIM card by mobile phone service providers.
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chris filmore's lifelong dream is to own his own fishing boat to use in his retirement. chris has recently come into an inheritance of $428,900. he estimates that the boat he wants will cost $341,100 when he retires in 6 years.
Assuming quarterly compounding of amounts invested at 12%, Chris should invest $168,327.
The formula for the future value of compound interest:
FV = P (1 + r)ⁿ
Where:
P = present value
r = interest rate per period
n = number of periods
Parameters given from the problem:
FV = $341,100
Since the interest is compounded quarterly, then:
n = 12/4 . 6 = 18 periods
Interest per period:
r = 12%/3 = 4% = 0.04
Plug these parameters into the formula:
341,100 = P (1 + 0.04)¹⁸
P = 168,327
Hence, Chris should invest $168,327 of his inheritance to buy $341,100 6 years later.
Complete question:
Chris filmore's lifelong dream is to own his own fishing boat to use in his retirement. Chris has recently come into an inheritance of $428,900. he estimates that the boat he wants will cost $341,100 when he retires in 6 years. Assuming quarterly compounding of amounts invested at 12%, how much of Chris Fillmore’s inheritance must be invested to have enough at retirement to buy the boat?
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In which mode(s) of transportation do companies often employ teams of two drivers, either in tandem or sequentially, to increase efficiency?
air transportation
rail transportation
road transportation
water transportation
Most transport-based companies employ teams of two drivers in an air mode of transportation to increase efficiency.
What is an air mode of transportation?This transportation are performed by aircraft for the public carriage of passengers, baggage, cargo, mail etc for exchange of remuneration or hiring. It is considered to be the fastest modes of public transport which connects international boundaries.
As a matter of fact, the presence of two pilots on a plane make coordination much easier because one pilot can concentrate on the flight and the other completes the checklist. Therefore, an increased efficiency is achieved.
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Answer:
ROAD transportation often employs teams of two drivers to increas efficiency.
Explanation:
common sense tbh
the major reason for using u.s. government documents as secondary data sources is that they . multiple choice are easily available in all marketing blogs provide the most up-to-date information are available for a wide range of topics provide predefined categories of variables that always meet user requirements are detailed, complete, and consistent
The major reason for using U.S. government documents as secondary data sources is that they are detailed, complete, and consistent.
Secondary data is information that has been gathered by people or organizations for objectives other from the one of our specific research project. A food company may utilize data from a government agency's study, for instance, on, say, family food expenditures, when determining the size of the prospective market for a new product. Similar to this, statistics on agricultural productivity compiled by a ministry will be helpful to a wide range of individuals and organizations, including those that sell agricultural commodities.
Secondary data may be accessible, which is absolutely acceptable and completely sufficient to make conclusions, resolve the issue, or provide an answer. It is not always required to obtain primary data.
Compared to getting primary data, collecting secondary data is far more affordable. A careful review of secondary sources can produce far more information than a main data gathering operation for the same amount of research expense.
Comparatively speaking, finding secondary sources takes far less time than gathering primary material.
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with respect to common television dayparts for eastern and pacific time zones, the slot between 11:30 p.m. and 2:00 a.m. from monday through friday is called
With respect to common television dayparts for eastern and pacific time zones, the slot between 11:30 p.m. and 2:00 a.m. from Monday through Friday is called late fringe .
Off-peak hours are often used on television to describe the evening hours around prime time. [1][2]Television hours before prime time are called the early fringe and are usually between 4:00 pm and 6:00 pm. Until 19:30 Late edge is the period of television that usually follows prime time between 23:00 and 23:00. Until 1 a.m.
In his first 20 years on American television, the early Fringe was considered part of prime time, and from today he started the show half an hour earlier, and the network announced he would be on his hour in the evening. It was prohibited to program the frame of Now known as edge time.
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the 2017 fair market monthly rent for a two-bedroom apartment, according to the department of housing and urban development, hovered around .
The 2017 fair market monthly rent for a two-bedroom apartment, according to the department of housing and urban development, hovered around $1,000.
The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. A self-contained housing unit (a sort of residential real estate) known as an apartment. Apartments' housing tenure also varies widely, from large-scale public housing.
The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market. The market could either be a real place or online. It could be flawless or flawed, local or universal. The term "available market" refers to a market that includes all local residents. There is a "market minimum" inside the available market, or the size of the market that will purchase items without any marketing effort. Without taking any action, a corporation could only receive sales like this one. This level is getting lower and lower in the modern world.
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six out of every ten jobs now require some postsecondary education and training, according to data reported by the eric clearinghouse on higher education
The correct answer is true
Higher education is postsecondary education that results in the award of a degree. After completing secondary school, there is an optional last step of formal study known as higher education, also known as post-secondary education, third-level education, or tertiary education. Numerous alternatives exist for postsecondary education, including public and private universities, colleges, community colleges, career and technical schools, vocational and trade schools, centers for continuing education, campus transition programs, and apprenticeship programs. Any degree you earn after completing high school is considered post-secondary. In other terms, a post-secondary degree is one that was earned following attendance at a higher school of learning. It could be a community college, a technical or vocational institution, or even a college for undergrads.
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the stockholders' equity section of the balance sheet for corporation on , , follows: loading...(click the icon to view the data.) on , , the market price of common stock was per share. declared and distributed % stock dividend on this date.
Stock dividend of 10% declared, Amount of Dividend = 200,000 x 10% x 18 = 360,000
Jan 15 Journal Entry
Dr Retained Earnings 360,000
Cr Common Stock 16,000
Cr Additional Paid in Capital - Common Stock 344,000
(Stock dividend of 10% declared)
Amount of Dividend = 200,000 x 10% x 18 = 360,000
Shareholders Equity Section-Common Stock 0.8 par 2,800,000
authorized, 220,000 issued 176,000
-Paid in Capital In excess of
par - Common Stock (430,507+344,000) 774,507
-Retained Earnings (7,133,000-360,000) 6,773,000
-Accumulated Other Comprehensive Income (195,000)
-Stockholders Equity 7,528,507
No assets or cash is indicated by the first blank.Two blanks are "transfer of $360,000 from retained earnings to
common stock ($16,000) and paid-in capital over and above par
($344,000).
Cannot surpass the amount in the cash account, which is $590,000."Learn more about Stockholders Equity, here
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your friend starts a clothing business and organizes it as an llc. you invest in her business and receive a 15% membership interest in return. the clothing business does poorly and your friend shuts it down. the llc’s liabilities exceed its assets. what do you stand to lose?
Limited liability companies have distinct legal existence, limited liabilities, flexible taxation, and straightforward operations.
For instance, Westinghouse, Blockbuster, and Anheuser-Busch are all structured as limited liability companies.
What does the term "limited liability company" mean?
The definition of a limited liability company (LLC) is a type of business structure where the owners are referred to as "members" and are partners in a business entity with all the protection of a corporation as well as the option to pass through any business profits and losses to their personal income tax return.
What advantages can limited liability companies offer?
An LLC's primary benefit is implied in its name: limited liability protection. When an owner conducts business through an LLC, their personal assets may be shielded from commercial obligations and claims brought against the company. An LLC may have a single owner (referred to as a "member") or numerous members.
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