Of the following statements, which are true for the corporate form of organization?A. Directors oversee its business affairs.
B. Stockholders do not have the power to bind the corporation to contracts.
C. It has a continuous life.
D. Transfer of ownership rights among owners generally does not impact equity.
E. Compared to other forms of organization- capital (financing) is more difficult to accumulate.
F. Generally there is no double taxation on corporate income that is distributed to owners.
G. It is not a separate legal entity from its owners.

Answers

Answer 1

Answer:

Answer:

1. Directors oversee its business affairs

This statement is true. Infact in an organization there are more than 1 director, generally 1 director for each department. So yes they look after business affairs

2. Ownership is usually transferred readily

This statement is true. Even in the case of public company, shares traded will take 2 to 5 business days to settle. However once the trade is done, ownership is considered transferred.

3. This is true. Stockholders have voting rights in rather bigger events such as acquisition, merger etc but not an day to day activities such as contracts.

4. Any corporation is established to continue forever. This is true.

5. This is false. Generally a corporate gets financing easily compared to other form of financing.

6. Income distributed to owners is taxed again as personal income. And income distributed is an after tax income from organization. So double taxation exist. This is false.

7. Assets of the corporation are collatarized for debt and not owner assets. So Owner is not liable. This is false.

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Find the duration of a 6% coupon bond making annual coupon payments if it has four years to maturity and a yield to maturity of 5%. (assuming a face value of $1,000)

Suppose a nation has a labor force of 45.5 million workers and an unemployment rate of 6.15%. Instructions: Round your answers to two decimal places. a. How many workers in this nation are unemployed? million b. How many workers in this nation are employed? million

Answers

When The number of workers unemployed in this nation is 2.8 million

Unemployed workers

When The number of workers employed is 42.70 million

Although when 45.5 million accounts for the nation's labor force of 100% since the unemployment rate is 6.15%, then hence proof that the percentage of workforce gainfully employed is 93.85% .(100%-6.15%)

Then Accordingly, the portion of the population is employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)

Find out more information about unemployed here:

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Answer:

The number of workers unemployed in this nation is 2.8 million

The number of workers employed is 42.70 million

Explanation:

45.5 million accounts for the nation's labor force of 100%,since the unemployment rate is 6.15%,hence the percentage of workforce gainfully employed is 93.85%.(100%-6.15%)

Accordingly, the portion of the population employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)

A company reports purchases of $ 418 comma 000, a beginning accounts payable balance of $ 48 comma 000, and an ending accounts payable balance of $ 40 comma 000. All purchases were on account. The company's accounts payable turnover would be closest to:____________(Values are rounded to two decimal places, X.XX.)

Answers

Answer:

9.50 times

Explanation:

The computation of the accounts payable turnover ratio is shown below:

= Total purchase ÷ average accounts payable

where,

Average accounts payable = (Opening balance of Accounts payable + ending balance of Accounts payable) ÷ 2

= ($48,000 + $40,000) ÷ 2

= $44,000

And, the total purchase is $418,000

Now put these values to the above formula

So, the answer would be equal to

= $418,000 ÷ $44,000

= 9.50 times

A relatively flat demand curve indicates that the demand for a product is very sensitive to a change in price.TrueFalse

Answers

Answer:

True.

Explanation:

A flat demand curve for a particular product indicates that the product is very sensitive to a change in the price level and on the other hand, a steeper demand curve indicates that any change in the price level doesn't have a effect on quantity demanded or have a little impact.

Elasticity of demand refers to the responsiveness of quantity demanded with any change in the level of price of the product.

The demand for these products is more elastic because a slightly change in the price level of a product will result in a large change in the quantity demanded for that product.

By the end of 2018, a recession is coming to end. At the beginning of the recession, Congress decreased taxes to soften the recession but caused budget deficits. Now that the recession is ending, what are the different fiscal policy changes Congress should make according to Keynesian economics

Answers

Answer and Explanation:

In order to answer the question, we first need to understand the concept of Keynesian theory of great depression. John Maynard Keynes, says that during recession or depressed economic conditions, governments should increase their spending in order to create a correct balance of demand and avoid high unemployment. Once the recession and market forces are stable, by that time the full employment is reached and now the deficit could be repaid. Congress could bring the taxes back to its original state as the people are now back to stable condition. This would help to meet the deficit requirement.

Do you think Ford analyzed the problem of redesigning the Pinto fuel tank safety in a reasonable way? Why?

Answers

Answer:

yes

Explanation:

There were fewer problems with the ford pinto after ford decided to fix the problem

Calculate the annual cash flows of a $100,000, 10-year fixed-payment deferred annuity earning a guaranteed 3.6 percent per year if annual payments are to begin at the end of year 4 (beginning of year 5). (Hint: Grow the original investment for 4 years and then all payments are paid at the beginning of the year.)

Answers

Answer:

$13,437.53

Explanation:

Calculation for the annual cash flows

First step is to calculate the value of annuity after 3 years from today

Using this formula

Value of annuity = Present value*(1+Rate)^Time

Let plug in the formula

Value of annuity = $100,000*(1 +0.036)^3

Value of annuity = $100,000*1.111934656

Value of annuity = $111,193.4656

Second step is to calculate the present value annuity factor

Using this formula

PVIFA = [1 – (1 + Rate)-Number of periods]/ Rate

Let plug in the formula

PVIFA = [1 – (1 + 0.036)-10]/ 3.6%

PVIFA = 8.27484404349

Last step is to calculate the annual cash flows

Using this formula

Annual cash flows = Value of annuity/ Present value annuity factor

Let plug in the formula

Annual cash flows = $111,193.4656/ 8.27484404349

Annual cash flows = $13,437.53

Therefore the annual cash flows will be

$13,437.53

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