Answer: Harvey company will record the equipment at $14,700 is its books.
We usually record equipment at the actual price at which it was bought. Even though Harry company was willing to pay only $13,000, it actually went ahead and paid $14,700 to purchase the equipment.
We don’t consider the retail price here, since Harvey company did not buy the equipment from the retail market.
In the advertisement, Carrey Company probably put a value of $19,000 (by considering the retail rate) to see the market response to buy the at that price. So, we don’t consider that either.
b. the Hepburn Act d. the Payne-Aldrich Act
the answer is
B. the Hepburn Act
Answer:
It ensure the employees taxes are paid. If the employees did it themselves and didn't set the money aside it could be a great burden on them at tax time.
Explanation:
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Final Answer:
Verge Ltd is a public company limited by shares. This classification is based on the equal voting rights associated with the different classes of shares issued by the company.
Explanation:
Verge Ltd is classified as a public company limited by shares based on the information provided. In this type of company, shares are issued to the public, and the shareholders have voting rights equal to the number of shares they hold. This implies that each class of shares, whether it's class A, B, C, or D, holds equal voting rights.
The other options, such as being a proprietary company, an unknown entity, a listed no liability company, an incorporated association, or a public company limited by guarantee, do not align with the characteristics of the company as described in the question.
Public companies limited by shares are typically larger entities, and they offer shares to the general public for trading on the stock exchange. The fact that Verge Ltd has issued shares with equal voting rights suggests that it is a publicly traded company.
Learn more about public company
#SPJ11
Social security for employee profiling,insurances, and other employee and company benefits
Business permit, so that your business is legaland has passed through the scrutiny of safety and reliability
Taxidentification to ensure that in everyprofit you gain, you will be giving a part of it to the country to improve itsservices
Secured Loan
Unsecured Loan
is not backed with collateral
has less risk for the lender
can include a down payment
is backed with collateral
does not include a down payment
Secured loan
Unsecured loan
Answer:
Box 1
Can include a down payment
Is back with a collateral
Has less risk for the lender
Box 2
Is not backed with a collateral
Does not include a down payment
Has more risk for the lender
Explanation:on edge hope helps
Answer:
Box 1
Can include a down payment
Is back with a collateral
Has less risk for the lender
Box 2
Is not backed with a collateral
Does not include a down payment
Has more risk for the lender
Explanation:on edge hope helps