Jones purchase the stock of Smithon outright leaving Smithon intact? The stock should not be purchase by Mr. Jones. Mr. Jones acquiring the assets, liabilities and also would inherit the contractual obligations of the selling corporation, would, be the results of the purchase. In lay terms, he has bought the existing Smithon Corporation and he is responsible of ensuring daily operations run efficiently but the tax aspect of acquisition he is responsible for existing and any future tax liabilities that the selling corporation had. It would be my advice for Mr. Jones to not buy the stock because of the liability of current and future tax obligations which Mr. Jones would incur from the purchase of the stock.
Generally, free cash flow is cash flows provided by operating activities less cash flows used by investing activities for the purchases of plant, property and equipment and the repayment of long-term debt. If there is cash left over, it is “free” to be distributed to the owners of the entity or reinvested in the business. Over time, the entity that generates the highest free cash flow will be the most successfully financial company in terms of return on the owners’ investments. There are generally a number of differences between cash provided by operating activities and net income. The most obvious differences are that net income is presented on an accrual basis and that net income includes non-cash expense and income items.
What distinguishes a sale on approval, sale on consignment, and sale or return under UCC Article 2? Good faith requires trustworthiness in fact This means when parties enter into a contract, they agree to provide the services or goods as agreed upon, not entering into a contract that they know they cannot deliver, or with the possibility they would not be able to fulfill the contract. There are two types of title transfers: Shipment Contract: This contract occurs when the party ships the contracted goods through a shipping company, effectively ending there
The vendor will be function in effort to make a profit as is with all businesses. The problems can come when the vendor needs to increase profit and since the contracts are normally a fixed price, the only way for them to do so is to decrease expenses. This is a viable option as long as they meet the conditions specified in the contract (Bucki, 2012). When outsourcing to another company, your organization is now tied to the financial well-being of the vendor. The problem can arise when after contracting out the IT functions of the organization and paying the fees negotiated, the vendor goes bankrupt leaving the companies who have contracted to them without an IT resource (Bucki,
A flat tax employs territorial taxation, which is when the government only taxes income that is generated within national borders (Meehan). In the global economy, taxes remain a critical component of business; countries with low-taxes benefit from jobs and capital (Meehan). A good tax policy is important to generate revenue for business and also because the penalty for a poorly received tax system on a global scale may be substantial and long-term (Meehan). The flat tax eliminates
Sheltering new industries may pay off later 4. Free trade allows companies the possibility of outsourcing the production of goods for domestic sale. Question No.3: Identify the major fallacies of international trade? Answer: 1. One fallacy is that trade is a zero sum activity, if one trading party gains, the other must lost.
As the main issue at stake is the process of the matter; therefore the principle of duty must be followed. The ethical expert would advise “2 Day FM’s Hot 30” to exercise self-restraint and act ethically as it is their duty. Despite the temptation to please audiences and to achieve high ratings and revenues by humorous pranks, duty must prevail and the prank must not be aired. Furthermore, individuals in and outside the business universally should be treated with respect and should not be treated as a means to an end. To not air such pranks; this can be easily accepted universally, which is in compliance with Kantian ethics.
Some may argue that Ben isn’t acting ethically with the other suppliers; but I think that it is unethical based on the fact that the other suppliers aren’t serious contenders. The sole purpose of the suppliers is to get the price of Southeastern Corrugated reduced. 2. Clearly Coastal products and Southeastern Corrugated have a relationship. As the marketing manager it is important to let Coastl products know that we have the best product available.
The data set would gain validity if more test subjects from different Autoplex were included. The data analysts should note the data set information on if the rebates are included in the figures or left out. The consumer may receive false information or slightly misleading information to entice the buyer to visit the Whitner Autoplex based on cheaper prices. This data set does not provide the analyst with personal information on the consumers but in some cases personal information will be included, and the analyst must be careful to not let the information out to where someone could improperly use the
International Trade Simulation Warren Combs XECO/212 March 25, 2012 International Trade Simulation The world’s economy has shown, historically, that its ability to survive depends strongly on the relationships between all countries. The world’s economy of today has become so interdependent that the progress of every countries economy depends solely on its ties with other countries. When countries require markets for its goods and services and these markets are not available from nearby countries, international trade has been and continues to be the primary solution for preventing countries from being isolated; because international trade allows the sale of each countries surplus products and services. The U.S. has mutual relationships