BUSINESS HIGH SCHOOL

How are cooperatives similar to nonprofit organizations.

Answers

Answer 1
Answer:

A nonprofit organization that is tax-exempt appears similar to a cooperative that operates on “not-for-profit” basis and doesn't pay taxes on some of its earnings. Both nonprofits and cooperatives can have members and use member-based governance.

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a network contractor reviews key performance indicators regarding the time taken to correct a fault and restore the system to full operation. what is the name of this process
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The following is a list of balances for company XYZ ltd. Sales 1,000,000 Purchases 265,000 Vehicles 647 000 Creditors 650 000 Debtors 673 000 Rent 75 000 Wages 90 000 Loan from bank 100,000 Prepare a trial balance for company XYZ ltd.
A client has obtained Plan B (levonorgestrel 0.75 mg, 2 tablets) as emergency contraception. After unprotected intercourse, the client calls the clinic to ask questions about taking the contraceptives, The nurse realizes the client needs further explanation when she makes which of the following responses? a. "I can wait 3 to 4 days after intercourse to start taking these to prevent pregnancy." b. "My boyfriend can buy Plan B from the pharmacy if he is over 18-years-old." c. "The birth control works by preventing ovulation or fertilization of the egg." d. "I may feel nauseated or have breast tenderness or a headache after using the contraceptive."
Find the payment necessary to amortize the loan. Round the answer to nearest cent. $12,000; 12% compounded monthly; 48 monthly payments ..... O A. $316.23 O B. $316.01 O C. $1,446.27 O D. $310.98

McGuire company acquired 90 percent of Hogan Company on January 1, 2010, for $234,000 cash. This amount is reflective of Hogan's total fair value. Hogan's stockholders' equity consisted of common stock of $160,000 and retained earnings of $80,000. An analysis of Hogan's net assets revealed the following:

Book Value Fair Value
Buildings (10-year life) $10,000 $8,000
Equipment (4-year life) 14,000 18,000
Land 5,000 12,000
Any excess consideration transferred over fair value is attributable to an unamortized patent with a useful life of 5 years.
In consolidation at December 31, 2011, what adjustment is necessary for Hogan's Equipment account?

A) $1,800 increase
B) No adjustment is necessary
C) $2,000 increase
D) $1,800 decrease
E) $2,000 decrease

Answers

Answer:

Option (C) is correct.

Explanation:

Increase in equipment value as on 01-Jan 2019:

= Market value - Book value

= $18,000 - $14,000

= $4000

Depreciation for 2019:

= $4000 ÷ 4

= $1000

Depreciation for 2020:

= $4000 ÷ 4

= $1000

In consolidation adjustment to equipment at Dec 31,2020:

= Increase in equipment value - Depreciation for 2019 - Depreciation for 2020

= $4000 - $1000 - $1000

= $2000 Increase

Final answer:

To adjust Hogan's Equipment account in the consolidation, an increase of $1,800 should be made, representing the amortization of the fair value adjustment for McGuire's share of Hogan over two years.

Explanation:

The question at hand involves determining the necessary adjustment for Hogan's Equipment account in the consolidation process on December 31, 2011, after McGuire Company acquired 90 percent of Hogan Company. Given that the book value of Hogan's equipment is $14,000 and the fair value is $18,000, there is a $4,000 fair value increment. Since the equipment has a useful life of 4 years, $1,000 ($4,000/4 years) should be amortized each year.

By the end of 2011, this amortization impact for two years ($1,000 * 2) should be $2,000. However, McGuire only owns 90% of Hogan, so the adjustment for the Equipment account on McGuire's consolidation worksheet is $1,800 ($2,000 * 90%). Thus, the correct adjustment is a $1,800 increase in the Equipment account to reflect the amortization of the fair value adjustment for McGuire's share of Hogan.

Learn more about Consolidation Adjustment here:

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Case Studie:Yell PLC is a telephone directory company who are looking to grow their business by buying more equipment and taking over a rival. The company currently have £4.5 million in retained profit but in two years’ time should have an extra £1 million. Yell PLC operates in a competitive market. They currently have 1 year to pay off their existing loan which they’re paying back in 12 equal instalments with interest. Yell PLC hope to please their shareholders by paying a significant dividend.

Question:
1.d.). Yell PLC wants to grow its business and need to raise money to help pay for more equipment and the £5millon needed to complete a takeover. Recommend if they should use retained profit or issue more shares (9 marks)

Answers

They should try to issue more shares because they get money because people are buying shares and they are also getting rid of how much they get from profits. Hope this helped.
they should issue more shares to retain the profit

Market competition doesn't eliminate scarcity.

True

False

Answers

false. the answer is false

Answer:true

Explanation:i just got it wrong it is true

What is corporate social responsibility project for Jumani Gold Mines

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because that way, every one can see what the person is doing, his records, and stuff like that.
also, so that the person would not be lying to the court, they would know for sure, what and where this all happened.
Hope that this would help you!!

The primary strength of the matrix structure is that it can facilitate multiple sets of complex and interdependent projects while still retaining the economies that result from keeping functional specialists grouped together. a. True b. False

Answers

true would be ur answer

Which of the following actions would improve your credit score

Answers

If this question has the same set of choices like the previous ones, the answer is:
Paying off your credit card bill.
A credit score is a numerical expression  of a person's credit files, to represent his creditworthiness based on a level analysis. Paying off your credit card bill would improve your credit score. 
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