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Who does residual interest in a corporation belongs to?
Common Stockholders
What is a residual interest on mortgages?
Residual interest can mean either two things. Also known as a trailing interest, it can be paid to a consumer with a monthly balance. Secondly, after accrued it can be used to distribute amongst investors or mortgage holders.
The owner interest in the assets of a corporation are alternately known as?
The owners interest in the assets of a corporation are alternately known as stockholders' equity.
What are the money and other valuables that belong to a corporation or a partnership called?
Assets-B
True or false A corporation that issues bonds at a discount will recognize interest expense at a rate which is greater than the market interest rate?
True
Residual Interest in a corporation belongs to?
The shareholders.
Who does residual interest in a corporation belongs to?
Common Stockholders
What is a residual interest on mortgages?
Residual interest can mean either two things. Also known as a trailing interest, it can be paid to a consumer with a monthly balance. Secondly, after accrued it can be used to distribute amongst investors or mortgage holders.
The residual interest of the owner after liabilities are deducted from assets is known as?
equity
The owner interest in the assets of a corporation are alternately known as?
The owners interest in the assets of a corporation are alternately known as stockholders' equity.
What are the money and other valuables that belong to a corporation?
Assets.
1 When a corporation pays a note payable and interest?
Debit notes payable and interest expense
When you lease do you pay interest on the price of the car?
The interest is calculated on the purchase price (not the msrp or the difference between the price and the residual) so negotiate as big a discount as you can to pay less interest.
What is the advantage of a corporation?
A corporation has limited liability protection, and are typically not personally responsible for business debts. A corporation can live forever, even if an owner dies or sells interest, the corporation can still exist.
What are the money and other valuables that belong to a corporation or a partnership called?
Assets-B
Can a corporation have a interest bearing checking account?
A corporation that is a for profit corporation cannot have an interest bearing checking account. However, it can have an earnings credit which is similar to an interest rate. With an earnings credit the interest earned on the Checking account is used to offset monthly fees/ charges on the account, if interested earned using the earnings credit is more than the total amount of fees/ charges it is considered a surplus and does not accrue to the checking account balance. A non profit corporation such as a 501.c.3 Can earn interest on Checking accounts due to the not for profit status.
What are residual concurrent and exclusive powers?
Residual powers: Those powers in the Constitution that belong to the states; these powers were not given to the Commonwealth at federation, but were left with the states.Concurrent powers: Those powers in the Constitution that may be exercised concurrently (at the same time) by both the Commonwealth and a state or states.Exclusive powers: Those powers in the Constitution that belong to the Commonwealth exclusively or solely.
