FIN 515 Homework #1 1-1. What is the most important difference between a corporation and all other organizational forms? Owners of a corporation are not liable for obligations the corporation enters into because a corporation is defined as a legal entity separate from its owners. 1-2. What does the phrase limited liability mean in a corporate context? Limited liability means that owners/investors are solely liable for the amounts they invested in the company; and owners/investors are not
Premium Corporation Tax Corporate tax
an audit for this company? Explain the reasons for your decision. Yes‚ audits exist because of regulatory mandate (required by government). There are three theories which propose reasons why demand for audits might exist without regulatory mandate: 1. Agency theory (The focus of the agency demand for auditing is more related to the stewardship role of accounting- which is more an examination of what has happened.) The separation of ownership and control of organizations has resulted in an information
Premium Audit Auditing External auditor
Imagine you are managing a design project that will create an interface for automobile mechanics. The interface would be used by the mechanics to look up various fixes and parts for any number of makes or models of automobiles that may come through their garage. Decide what usability measures would be most motivating when designing this interface and describe the unique challenges you would have to plan for when designing an interface for an automotive repair shop. Use supporting evidence to support
Premium Mechanic Auto mechanic
Teeya Clarke MBA 621-Financial and Managerial Accounting July 11‚ 2015 Problem 2-3 Indicate the net effect on assets‚ liabilities and owners’ equity resulting from each of the following transactions: Assets=Liabilities+owners’ Equity 1. Capital stock was issued for $100‚000 cash This will increase assets by $100‚000 and increase equity by $100‚000 2. Bonds payable of $25‚000 were refunded with capital stock. The liabilities will be decreased by 25‚000 and increase equity by 25‚000 3. Depreciation
Premium Balance sheet Accounts receivable Generally Accepted Accounting Principles
Introduction to Communication Worksheet COM/100 Version 3 1 University of Phoenix Material Introduction to communicationTamara Martin08/10/12 Introduction to Communication Worksheet Paragraph Questions Answer the following questions in your own words. Each response must be written as anacademic paragraph of at least 150 words. Be clear and concise‚ and provide explanations for your answers. Format your sources consistent with APA guidelines.1.According to Introducing Communication Theory (2010)
Premium Communication
Chapter 1 1. What is the most important difference between a corporation and all other organizational forms? A corporation is legally separate from its owners; it is an artificial being under the law. 2. What does the phrase limited liability mean in a corporate context? Limited liability refers to the amount of liability an owner has. The owner is only liable for the amount they invested in the corporation. 3. Which organizational forms give their owners limited liability? LLC
Premium Corporation Tax Stock market
Homework (100 points) Part 1 Create the tables from demo.sql script Download and Copy the demo.sql file from the Doc Share to the C:\temp directory. At the sql prompt enter the command @V:\temp\demo.sql. This will create some tables and insert data into them. View the script in notepad to determine the table names that were created. Use the describe command to view the structure of the tables. Please use the template below to provide your solutions. Write SQL statements to solve the
Premium SQL
NTC 360 Final Exam True/False Indicate whether the statement is true or false. ____F 1. The frame’s destination address of a broadcast frame is a value of all binary 0s. ____T 2. Class A addresses are intended for use by large corporations and governments. ____F 3. 1000BaseT‚ released as the 802.3ab standard in June 1999‚ supports Gigabit Ethernet over 100-meter segments of balanced Category 5 copper cabling and requires two pairs of wires. ____T 4. The signaling rates associated
Premium Computer network Ethernet IP address
1 Most leadership theories emphasize • leader characteristics • 2 Distant charismatics are often described in terms of their effect on follower • • political attitudes A theory that explains the most effective pattern of leadership behavior in a specified situation is best classified as • • prescriptive 4. A contingency theory that contains mediating variables is • • multiple-linkage model • 5.One unique characteristic of followers in leadership theory is
Premium Leadership
retained earning Dividend = $780 million + $50 million - $810 million = $830 million - $810 million = $20‚000‚000 Question (2-7) The Talley Corporation had a taxable income of $365‚000 from operations after all operating costs but before (1) interest charges of $50‚000‚ (2) dividends received of $15‚000‚ (3) dividends paid of $25‚000‚ and (4) income taxes. a) What are the firm’s income tax liability and its after-tax income? b) What are the company’s marginal and average tax rates on
Free Progressive tax Tax Taxation