red when choosing a form of ownership
o
Read the scenario below and answer the questions that follow
SHINING STAR BUS COMPANY (PTY) Ltd
Shining Star Bus Company (Pty) Ltd transport passengers to different provinces at a
reasonable price. The management of the company wants to convert the company into a
company that will allow them to sell shares to the public through the Johannesburg
Security Exchange(JSE).
1.6.1 Identify TWO forms of ownership that are represented by the scenario above
Motivate your answer by quoting from the scenario.​

Answers

Answer 1

Answer:

see below

Explanation:

1. Private Limited Company

A private limited company is an acknowledged legal entity whose shares are held privately by the founders. The shareholders are the owners. They are not allowed to trade their shares to the public through the security exchange. SHINING STAR BUS COMPANY (PTY) Ltd is currently a limited private company.  Transfer of shares has to be between the existing shareholders, the bus company, and requires authorization. The shareholders have limited liability to the company's debts and are entitled to a share in the company profits.

2. Public Limited Company

A public limited company is recognized as a legal and separate entity from its owners. Unlike a private limited company, the shares of a public limited company are traded in the security exchange markets. It means ownership of a public company is open to the public. The management of SHINING STAR BUS COMPANY (PTY) Ltd wants to convert it to a public limited company. After the conversion, its shares will be traded at the Johannesburg Security Exchange(JSE).


Related Questions

What is the largest difference in stocks and bonds?
a. Bonds are a binding contract, promising the holder a portion of the company's annual profit,
unless it is unprofitable, while stocks are a very standard investment and pay off a
predetermined amount after a period of time.
b. Stocks are a share of ownership in a company and give the stockholder voting rights, while
bonds are similar to lending a company or government money.
C. Stocks are the most secure of all investments and bonds are some of the least secure.
d. Bonds are available to the public, while stocks are reserved for the financial elite.

Answers

Answer:

B

Explanation:

Stocks are a share of ownership in a company, and a bond is a document that states how you will earn a certain amount of money after a predetermined time.

hope this helps :)

Stocks are a share of ownership in a company and give the stockholder voting rights, while

bonds are similar to lending a company or government money.

What Is a Shareholder?

Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a shareholder. The firm is primarily owned by its shareholders, who also have specific rights and obligations. With this ownership structure, they can benefit from a company's success.

These benefits take the shape of rising stock prices or dividend payments from financial gains. In contrast, when a corporation experiences a loss, the share price inevitably falls, which may result in financial losses for shareholders or portfolio reductions.

A majority shareholder is a single shareholder who holds and controls more than 50% of the outstanding shares of a corporation. Comparatively, minority shareholders are individuals who own less than 50% of a company's equity.

To know more about equity

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Question 22
1 pts
Which of the following is NOT a good reason to buy a stock index fund like the
S&P 500?
0 You want to have an investment that you don't have to monitor as closely as an actively
managed fund
0 You want to have an investment with low fees
O You want to "beat the market" with the return on your investment
O You want to have a diversified portfolio
Previous
Next

Answers

Answer:

You want to "beat the market" with the return on your investment

Explanation:

The SP 500 is a good example of diversified portfolio investment. Investing in the index fund is less costly compared to other investment instruments.  The SP 500 is considered the benchmark of investment returns in the US. Any attempts to perform better than the SP 500 is termed as trying to "beat the market."

Investors prefer good stock indexes like the SP 500 because they represent diversified investments. They spread risks in many sectors of the economy. Stock indexes have low investment costs and don't need close contact monitoring. Trying to "beat the market" with stock indexes is a daunting task. Any investor who attempts it will end up very frustrated.

Revenue recognition over time and at a point in time under ASC Topic 606 (LO3-4) MSK Construction Company contracted to construct a factory building for $525,000. Construction started during 20X1 and was completed in 20X2. Information relating to the contract follows:
20X1 20X2
Costs incurred during the year $290,000 $150,000
Estimated additional cost to complete 145,000 —
Billings during the year 260,000 265,000
Cash collections during the year 240,000 285,000
Required:
1. Record the preceding transactions in MSK’s books assuming it recognizes revenue over time and uses costs incurred to measure the extent to which its performance obligation has been satisfied.
2. Record the preceding transactions in MSK’s books assuming it recognizes revenue at a point in time when control of the completed factory is transferred to the customer at the end of the project.

Answers

Answer:

MSK Construction Company

a) Journal Entries:

Debit Contract Cost $290,000

Credit Cash Account $290,000

To record the cost of the contract incurred for the 1st year.

Debit Accounts Receivable $260,000

Debit Unbilled Contract $90,000

Credit Contract Revenue $350,000

To record the contract revenue  for the first year.

Debit Cash Account $240,000

Credit Accounts Receivable $240,000

To record the receipt of cash for the first year.

Debit Contract Cost $150,000

Credit Cash Account $150,000

To record the cost of the contract incurred for the 2nd year.

Debit Accounts Receivable $265,000

Credit Contract Revenue $175,000

Credit Unbilled Contract $90,000

To record the contract revenue for the 2nd year.

Debit Cash Account $265,000

Credit Accounts Receivable $265,000

To record the receipt of cash for the 2nd year.

Explanation:

Contract price = $525,000

Contract data:

                                                                  20X1           20X2

Costs incurred during the year          $290,000     $150,000

Estimated additional cost to complete  145,000        —

Billings during the year                         260,000      265,000

Cash collections during the year         240,000       285,000

Revenue Recognition over time based on costs:

Total estimated cost = $435,000 ($290,000 + 145,000)

Revenue in the 1st year = ($290,000/435,000 * $525,000) = $350,000

Revenue in the 2nd year = $175,000 ($525,000 - $350,000)

Revenue Recognition at point in time when control is transferred:

Revenue in the 1st year = $0

Revenue in the 2nd year = $525,000

Have a look at the top 10 brands in the world, what similarities can you see in regards to their marketing activities

Answers

s you probably know, brand equity is becoming increasingly important factor to successful brands. Brand equity has the ability for firms to to gain additional market share, at a price premium, with increased customer loyalty, and greater acceptance of new products. It also provides significantly more access to more retailer channels and easier ability to enter new markets.

Professional valuation companies that rank firms on the brand equity value consider how much the brand contributes to additional profitability. Here are the top 10 brands for 2015 as determined by Millward Brown.

Apple

Google

Microsoft

IBM

Visa

AT&T

Verizon

Coca-Cola

McDonalds

Marlboro

Support Test: Over %______of the support of the qualifying relative must be furnished by the taxpayer. If the individual does not spend funds that have been received from any source, the unexpended amounts(are or are not) counted for purposes of the support test. Under a multiple support agreement one member of a group of taxpayers who furnish support for a qualifying relative may claim a dependency exemption if together the group provides over______% of the support. Any person who contributed more than______% of the support is entitled to claim the exemption if each person in the group who contributed more than______% files a written consent.

Answers

Answer:

Over 50% of the support of the qualifying relative must be furnished by the taxpayer. If the individual does not spend funds that have been received from any source, the unexpended amounts(are or are not) counted for purposes of the support test.

Under a multiple support agreement one member of a group of taxpayers who furnish support for a qualifying relative may claim a dependency exemption if together the group provides 50% of the support. Any person who contributed more than 10% of the support is entitled to claim the exemption if each person in the group who contributed more than 10% files a written consent.

Suppose that Italy and Austria both produce fish and shoes. Italy's opportunity cost of producing a pair of shoes is 5 pounds of fish while Austria's opportunity cost of producing a pair of shoes is 10 pounds of fish. By comparing the opportunity cost of producing shoes in the two countries, you can tell thatItaly has a comparative advantage in the production of shoes andAustria has a comparative advantage in the production of fish. Suppose that Italy and Austria consider trading shoes and fish with each other. Italy can gain from specialization and trade as long as it receives more than5 pounds of fish for each pair of shoes it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than1/10 pair of shoes for each pound of fish it exports to Italy. Based on your answer to the last question, which of the following prices of trade (that is, price of shoes in terms of fish) would allow both Austria and Italy to gain from trade?
a. 9 pounds of fish per pound of cheese.
b. 18 pounds of fish per pound of cheese.
c. 3 pounds of fish per pound of cheese.
d. 1 pound of fish per pound of cheese.

Answers

Answer:

a. 9 pounds of fish per pound of cheese.

Explanation:

The gain from trade would arise at the time when the price of the cheese with respect to the fish is more than 5 and less than 10

So according to the given option the first option is met the criteria

The 9 is more than 5 and less than 10

And, the other options does not met the criteria

So, the first option i.e. a is correct

And, all other options are wrong

NeeeeeD HeeellllP !!!!!!!!!!!!!!!!

Answers

Answer:

false

Explanation:

when you should send an email
A. when the subject matter is extremely private
B.when the subject matter is objective and informative
C. when the subject matter is emotional
D. when the subject matter is sensitive in nature

Answers

B. When the subject matter is objective and informative

You should send an email when the subject matter is objective and informative. Hence, Option B. is correct.

Email is a fantastic manner to communicate when the subject matter is objective and informative. A way to communicate between people using the internet and electronic gadgets is via email. Because emails are a fantastic method to discuss and highlight vital information without containing a personal opinion, which is especially critical in a business context, you should send an email when the subject matter is objective and instructive.

Therefore, the correct option is option B.

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There are a few different workplaces in this career cluster. Select the workplaces that sound interesting or enjoyable.
Check all that apply.
a desk out in the open in an office building
a partially walled-off area with a desk in an office building
a private office with a door inside an office building
a room in your home

Answers

A career cluster is a collection of jobs with similar characteristics. If you enjoy one job in a cluster, you will most likely enjoy other jobs in that cluster as well.

According to me Option B and D would be the best fit for the workplace that is enjoyable or interesting. Because in Option B you can talk to your co-workers which is enjoyable and interesting and Option D is also correct Option as we can work comfortably their.

Other options that are incorrect as:

Option A is incorrect as a desk out in open is not allowed and not a logical option.

Option C is incorrect as a private office would be boring as the person will be alone doing the work.

Thus Option B and D is the best suitable example.

For more information about career clusters refer to the link:

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Answer

pick one that interest u

Explanation:

pick what u want

Choose the option that best matches the description given. Extra funds set aside in a nonprofit human services organization are known as

Answers

Answer:

A). Prudent reserve

Multiple-choice options for this question.

A) .Prudent reserve B) Rainy day funds C) bonus pay

Explanation:

The prudent reserve is the amount of money set aside for use should donations decrease.  Nonprofit human services organization uses the prudent reserve to meet operational expenses in periods of low contributions. Therefore, the prudent reserve is a form of a saving plan sufficient to cover expenses for several months.

The recommendation is that Nonprofit human services organizations should have prudent reserves to cover at least three months but not more than one year.

Answer:

Prudent reserve

Explanation:

Type the correct answer in the box. Spell all words correctly.
What will the Security and Exchange Commission’s plan of action be if it finds any irregularities in the dealings of a financial securities firm?
If the Security and Exchange Commission finds any irregularities in the dealings of a financial securities firm, it can send a comment letter and initiate __________ proceedings.
Please Help!!!!!!!!!!!!!!!

Answers

Answer:

proper

Explanation:

7. XYZ stock price and dividend history are as follows: An investor buys three shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all four remaining shares at the beginning of 2013. (LO 5-1)

Answers

Answer:

A lot of information (number are missing) as well as the requirements, so I looked for a similar question and found:

Year Beginning-of-Year Price Dividend Paid at Year-End

2010 $ 108 $4

2011 $ 112 $4

2012 $ 98 $4

2013 $ 103 $4

a. Calculate the time-weighted rate of return for the investor?

b. Calculate the money-weighted rate of return for the investor?

a) first we must determine the holding period return (HPR) for:

2010 = [($336 - $324) + $12] / $324 = 0.074

2011 = [($490 - $560) + $20] / $560 = -0.089

2012 = [($412 - $392) + $16] / $392 = 0.092

time weighted rate of return (TWRR) = [(1 + 0.074) x (1 - 0.089) x (1 + 0.092)] - 1 = 1.0684 - 1 = 0.0684 = 6.84%

b) calculating the money weighted rate of return is similar to calculating the IRR of a project:

cash flow at the beginning of 2010 = -$108 x 3 = -$324

cash flow at the beginning of 2011 = (-$112 x 2) + $12 = -$212

cash flow at the beginning of 2012 = $98 + $20 = $118

cash flow at the beginning of 2013 = ($103 x 4) + $20 = $432

using an excel spreadsheet, the MWRR = 1.08%

2
3
6
Compare and contrast mediation with arbitration.

Answers

Answer:

See below

Explanation:

Both mediation and arbitration are dispute resolution mechanisms. They make use of an independent third party to help resolve the conflict. Mediation and arbitration are a private affair between the independent third party and the conflicting parties.

In an arbitration, the arbitrator considers the evidence presented by each of the conflicting parties. They weigh in the legal aspects before making a binding decision. Arbitration is like a court case, except that the process takes place outside a courtroom. There is a winning and a losing party in an arbitration.

Mediation helps parties to settle their disputes through discussions, negotiations, and narrowing differences. The mediator helps conflicting parties to arrive at an agreed solution. They do not decide on the conflicting issue. In mediation, all parties agree on a win-win solution.

A refrigerator sells for $1,044 on the installment plan. After making a down payment of $100, you pay $59 a month. How many months will it take to pay for the refrigerator?

Answers

Answer:

16 months

Explanation:

Calculating the remaining amount to pay by subtracting the down payment from the installment price:

$1,044 - $100 = $944

The remainder to pay is $944

Calculating the monthly payment by dividing the remainder to be paid by the number of months as shown below

$944 / Number of months = $59

Number of months * $59 = $944

Number of months = $944 / $59

Number of months = 16 months

Hi what color should I paint my room or should I just leave it white?

Answers

Answer: I would say light blue but it depends on what kind of theme you are going for in your room.

Also light blue with clouds is what I want to paint my walls so that is the first thing to come to my mind

does anybody know how to make a legit website from scratch and for free?
if you have a business and have made a website using a free online web builder let me know what site you used and some tips.
- thanks

Answers

Answer:

Wix

Explanation:

I once made a website for free on Wix. However, the url was long and was the email that I used. If you do use wix, create an email with what you want your email to be. I hope this helps you out.

One way a partnership differs from a sole proprietorship is that it

Answers

Answer:

The most obvious difference between partnership and sole proprietorship is the number of owners the business has. "Sole" means one or only, and a sole proprietorship has only one owner: you. Conversely, it takes two or more to form a partnership, so this type of entity has at least two owners.

Answer:has owners with many different skill sets

What is the over time pay rate

Answers

Answer:

overtime pay rate is the amount of money you would make from working overtime. sokets say you made 80,000 dollers a year and you staryed 15 hours your overtime pay rate

Explanation:

Overtime hours are hours worked over 40 in a single work week.

Example:  At 45 hours for the week, Sasha worked five overtime hours in a week.

Becky makes $8.75 an hour plus benefits, which are an additional 13.5%.
How much does Becky make per hour including benefits? *
$9.20
$
O $9.95
O $9.93
O $8.88

Answers

Answer:

$9.93

Explanation:

Becky makes $8.75, the benefits are 13.5 % of $8.75.

Including benefits, Becky makes

=8.75 + ( 13.5 /100 x $8.75)

=$8.75 (0.135 x $8.75)

=$8.75 + $1. 18125

=$9.93125

=$9.93

PLS NEED HELP IM BEHIND BAD

Answers

Retail workers

Expiration: retail workers

Answer:

I swear to god you dont read these

Explanation:

A)  Auto Mechanics

D) Cunstruction Workers

maybe b probs not tho

(a) The fundamental qualitative characteristics that make accounting information useful are relevance and verifiability.
(b) Relevant information only has predictive value, confirmatory value, or both.
(c) Information that is a faithful representation is characterized as having predictive or confirmatory value.
(d) Comparability pertains only to the reporting of information in a similar manner for different companies.
(e) Verifiability is solely an enhancing characteristic for faithful representation.
(f) In preparing financial reports, it is assumed that users of the reports have reasonable knowledge of business and economic activities.

Answers

Answer:

(a) The fundamental qualitative characteristics that make accounting information useful are relevance and verifiability.

⇒ FALSE

The fundamental characteristics are relevance and faithful representation.

(b) Relevant information only has predictive value, confirmatory value, or both.

⇒ FALSE

Relevant information must have predictive or feedback value.

(c) Information that is a faithful representation is characterized as having predictive or confirmatory value.

⇒ FALSE

Faithful representation is the one that represents exactly what happened, e.g. if the costs incurred were $1,000, then you must record $1,000, not $900 nor $1,200.

(d) Comparability pertains only to the reporting of information in a similar manner for different companies.

⇒ FALSE

Comparability means that the financial information must be comparable to the company's past performance or the performance of companies in the same industry.

(e) Verifiability is solely an enhancing characteristic for faithful  representation.

⇒ FALSE

Verifiable information is information that can be obtained using different methods by different individuals, i.e. different accountants or auditors should be able to compute similar results using the same information.

(f) In preparing financial reports, it is assumed that users of the reports have reasonable knowledge of business and economic activities.

⇒ TRUE

To be eligible for Bright Futures, you must


submit a statement explaining how all money will be repaid

submit a plan of action for all courses throughout college

take at least three remedial credits in the first semester

take at least six non-remedial credits per semester


please only answer if you know what your talking about
and if your right i will give brainiest.

Answers

Answer:

B. Submit a plan of action for all courses throughout college.

Explanation:

I am also taking the FLVS course.

Earning a degree can be expensive but which example shows why it might be worth it?
(financing higher education)

Answers

Answer:

Earning a degree can be expensive but it can almost guarantee you great job opportunities and great job opportunities can provide great income, and other benefits.

Explanation:


When should the trial balance totals differ?

A. Only when it is drawn up by the accountant

B. When drawn up before the profit and loss account is prepared

C. If drawn up halfway through the financial year

D. Never

Answers

Answer:

C. If drawn up halfway through the financial year

Explanation:

A business prepares a trial balance to check on the accuracy of the double-entry system. The trial balance detects any mathematical errors that may have occurred during recording or posting information in various accounts.

A trial balance lists all the accounts as obtained from a firm's general ledger. It sums up the closing balances of all debits on one column and credits on the other. If the debits and credits balance, the firm's ledger book is presumed not to have mathematical errors.

The preparation of a trial balance is at the end of a financial period,  before the main financial statements. It uses the closing balances of the ledger accounts. If some accounts are not closed, then a trial balance will not balance.

ANSWER ASAP-- In one year, Corey earned $25,000 from his employer and a $300 capital gain from the sale of an investment. Corey doesn’t qualify for any deductions, but he can claim the lifetime learning credit.

Corey’s adjusted gross income is BLANK
and his total tax due will be (decreased or increased)
by the credit.

Answers

Answer:

Corey’s adjusted gross income is $25,300  and his total tax due will be decreased by the credit.

Explanation:

Add what Cory earned and his capital gain to make $25,300

Cory claimed the lifetime learning credit which decreases his total tax due

For a criminal case, which of the following represents the correct order of
events during a trial?
A. The State presents opening arguments, then the defense presents
opening arguments; The State presents its case first, then the
defense presents its case.
B. The defense presents opening arguments, then the State presents
opening arguments; The State presents its case first, then the defense presents its case.
C. The defense presents opening arguments, then the State presents
opening arguments; The defense presents its case first, then the State presents its case.
D. The State presents opening arguments, then the defense presents
opening arguments; The defense presents its case first, then the State presents its case.

Answers

Answer: A. The State presents opening arguments, then the defense presents  opening arguments; The State presents its case first, then the  defense presents its case.

Explanation:

In a criminal trial the burden of proof lies with the State which means that it is up to them to prove that the individual is either guilty or not. For this reason they have to give the opening arguments.

The defense then gives their opening statement as well. After this is done the State presents its case and the facts thereof to the jury. The defense will now come and present its case and show their own interpretation of the facts of the case.  

A Michigan State University student spends his summer months in his hometown, where he works for a local micro-brewery during the evening hours. In the late morning, he attends the local community college, where he takes a summer course that he knows will transfer back to MSU. Although he finds the courses just as challenging as his regular university, he does not worry about his summer grades affecting his 3.2 (out of 4.0) grade point average, because MSU only accepts the transfer credits. As long as he receives C grade or better, he maintains his current grade point average. Which of the following theories suggests that the student will only work as hard as necessary to earn a "C" grade?A) Expectancy TheoryB) Objective-setting TheoryC) Equity TheoryD) Maslow’s Theory

Answers

Answer: Expectancy theory

Explanation:

The theory that suggests that the student will only work as hard as necessary to earn a "C" grade is the expectancy theory.

Expectancy theory states that an individual will act in a particular way due to the fact of what they believe will be the result of the behavior that they selected and thereby will select a particular behavior above orhers.

Here, the student simply selects his work above the school grade because he believes that a C is enough for him. Therefore, the answer will be expectancy theory.

write the short note on durable and non durable materials ​

Answers

Durable goods are those goods that don't wear out quickly and last over a long period. ... While non-durable goods or soft goods are those goods that have a short life cycle. They are used up all at once or have a lifespan of fewer than three years. For example light bulbs, paper products, and food products.

Help plz
What is persuassive writing?

Answers

Answer: something to like negotiate someone to do something and give good reasoning

Explanation: for example, someone would want to dye their hair and they would write a letter to their mom saying why their mom should let them dye their hair

The share in the company's profit is called_________.​

Answers

Answer:

profit sharing

Explanation:

From Investopia they define profit sharing as

"A plan gives employees a share in their company's profits based on its quarterly or annual earnings."

Other Questions
When you climb to the top of a water slide, you are gaining:O A. gravitational kinetic energy. B. chemical potential energy. c. gravitational potential energy.D. chemical kinetic energy. what is the value of this expression below when z=310z^2-2z-2 The sides of a triangle are 5 cm, 5 cm and 6 cm. The altitude of the longest side is Share 2 things that you find very challenging in effective communication F+G=K+7, K=7 prove: G=7 Galileo used the work of the Muslim Arab scientist Al-Battani to begin his own studies of the universe and its laws. Why was it so important that al-Battanis work was translated intoLatin?Select one:a. The Latin translation already included the answers to many of the questions posed by Galileo.b. Latin translators, though difficult to find, were always accomplished scientists as well.c. The Latin translations were never meant to fall into the hands of the Christian Europeans.d. Latin, unlike Arabic or the original Greek, was a language that any educated European could read during Galileo's time. what is the expanded notations for 232,913,805 Which material rises from cracks in oceanic crust? what is a human person in society Suppose an increase in the demand for dollars has caused an appreciation of the dollar. According to the purchasing power parity theorem, the value of the dollar in the future will: An increase in a firm's tax rate will__________ if the firm has debt capital in its capital structure: a. increase both the cost of preferred stock and debt. b. decrease the cost of preferred stock. c. increase the firm's WACC. d. decrease the firm's WACC. Solve the following equation.1/3 k + 80 = 1/2 k + 120 Antonyms for these words..1.La ville 2.L'ecole3.La bibliothque what were the political limitations of african american during 1865-1900? one paragraph A carbocation is an example of a(an) ____. Does a carbocation accept a pair of electrons, or does it donate a pair of electrons?A. Electrophile. The carbocation accepts a pair of electrons.B. Nucleophile. The carbocation accepts a pair of electrons.C. Electrophile. The carbocation donates a pair of electrons.D. Nucleophile. The carbocation donates a pair of electrons. The slope of the line through -9,6 and -6,-9 HurryyyyWhich system of linear inequalities is graphed? Solve for the value of p.|(3p+1)(p+7) Which of the following statement is TRUE about the risk of intimate partner abuse for a woman?a) the risk of intimate partner violence for a woman decreases during pregnancy b) the risk of intimate partner violence for a woman is the same whether she is pregnant or notc) the risk of intimate partner violence for a woman is the same as that for a mand) the risk of intimate partner violence for a woman increases during pregnancy solve this question 15+18/4