Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Many businesses need amounts of capital that cannot be easily provided by a proprietorship. These businesses choose to organize using another form of business. An organization with the legal rights of a person and which many persons may own is called a corporation. A corporation is formed by receiving approval from a state or federal agency. Each unit of ownership in a corporation is called a share of stock. Total shares of ownership in a corporation are called capital stock. An owner of one or more shares of a corporation is called a stockholder. A corporation is a business organization that has the legal rights of a person. A corporation can own property, incur liabilities, and enter into contracts in its own name. A corporation may also sell ownership in itself. A person becomes an owner of a corporation by purchasing shares of stock. The principal diff erence between the accounting records of proprietorships and corporations is in the capital accounts. Proprietorships have a single capital and drawing account for the owner. A corporation has separate capital accounts for the stock issued and for the earnings kept in the business, which will be explained in more detail in Chapter 16. As in proprietorships, information in a corporation's accounting system is kept separate from the personal records of its owners. [CONCEPT: Business Entity] Periodic fi nancial statements must be sent to the stockholders of the corporation to report the fi nancial activities of the business.
Critical Thinking
1. The names of many corporations include the words Corporation, Incorporated, Corp., or Inc. in their names. Based on their names, identify several corporations in your area.
2. Why do you think many very large companies are organized as corporations?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd