Lawson Company bought real estate, on which there was an old office building, for $900,000. They paid $90,000 in cash as a down payment and signed a 6% mortgage for the remainder. They immediately had the old building razed at a net cost of $30,000; the salvaged materials were sold for $4,200. Attorneys were paid $7,000 in connection with the land purchase and an additional $3,000 in connection with permits and zoning variances necessary for the new office building. $25,000 was paid for excavation for the basement of the new building. $2,100,000 was paid for construction of the new building, and $95,000 was paid for a parking lot and necessary walkways and driveways.
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Law Wk 1 Posts
/in Uncategorized /by developerRead pages 310-326 of Legal Environment of Business.
Consider the following as you read:
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Comment on Apr 22, 2017, 3:54 PM
Describe the process of forming a general and limited partnership. What are the liabilities that the general and limited partners are subject to?
Words: 23
Comment on Apr 25, 2017, 3:18 PM
Good evening Class,
A general partnership is”an association of two or more persons to carry on as co-owners of a business for profit”(Cheeseman, 2016). Forming a general partnership requires two or more people to invest in a business and a third party is involved with debts and liabilities owed by the partners within the general partnership. There are four steps that a general partnership must meet to be formed. “It must be (1) an association of two or more persons (2) carrying on a business (3) as co-owners (4) for profit”(Cheeseman, 2016). The general partnership does not have to be formal to meet with each other. A limited partnership is “a type of partnership that has two types of partners: (1) general partners and (2) limited partners”(Cheeseman, 2016). A limited partnership must be formed with a general partner. A certificate of limited partnership must be created to solidify the limited partnership. “The entity must comply with the statutory requirements of the RULPA or other state statutes”(Cheeseman, 2016). The liabilities that general partnerships are subject to are: unlimited personal liability, joint and several liability and the liability of incoming partners. Limited partnerships “have limited liability for the debts and obligations of the limited partnership”(Cheeseman, 2016).
Reference: Cheeseman, Henry (2016). Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues (8th ed.). Upper Saddle River, NJ: Pearson Education, Inc.
Words: 222
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Lawrence Industries Most Recent Annual Dividend Was 1 80 Per Share D0 1 80 And T
/in Uncategorized /by developerLawrence Industries’ most recent annual dividend was $1.80 per share (D0=$1.80), and the firm’s required return is 11%. Find the market value of Lawrence’s shares when:a. Dividends are expected to grow at 8% annually for 3 years, followed by a 5% constant growth from year 4 to infinity.b. Dividends are expected to grow at 8% annually for 3 years, followed by a 0% constant growth from year 4 to infinity.
SolutionDoRsa) 1.811% Year Growth rate1234 8%8%8%5% Price at year 3 Dividend1.942.102.272.38 39.68 Price today= 1.94/(1.11)^1 + 2.10/(1.11)^2 + 2.27/(1.11)^3 +39.68/(1.11)^3$34.13…
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Lawrenceburg Machine Co Makes A Laser Cutting Machine That Sells For 125 000 Its
/in Uncategorized /by developerLawrenceburg Machine Co. makes a laser cutting machine that sells for $125,000. Its lifetime operating costs are $75,000. Pulaski Machine Co. has designed a competitive machine whose lifetime operating costs are $50,000. Aside from these differences, other costs or gains are the same for either machine. Lawrenceburg’s laser cutters costs $100,000 to manufacture. Pulaski’s cutter costs $90,000 to manufacture. What is the EVC for Pulaski Machine Co’s cutter?
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Laws 1
/in Uncategorized /by developerSubmit your three (3) LRC or Questia references in an MS Word document (Reference page) or in an MS Power Point (Reference slide).
Make sure your references are in proper APA format. Please see the Library Resources tab for assistance with APA formatting.
Your instructor will review your references and provide feedback on their suitability and APA formatting.
This must be uploaded as a separate file (.doc, .docx, ppt, or .pptx).
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Laws Of Cybersecurity Five Laws How The Laws Are Related To Real Life Cybersecur 1
/in Uncategorized /by developerLaws of Cybersecurity(Five laws):
How the laws are related to real life cybersecurity activities and its drawbacks
Professional APA style format with no plagarism
3 to 4 Citation and references is must
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Laws Of Cybersecurity Five Laws How The Laws Are Related To Real Life Cybersecur
/in Uncategorized /by developerLaws of Cybersecurity(Five laws):How the laws are related to real life cybersecurity activities and its drawbacksProfessional APA style format with no plagarism3 to 4 Citation and references is must
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Laws Regulations And Formal Requirements Are Part Of Every Corporate Environment
/in Uncategorized /by developerLaws, regulations, and formal requirements are part of every corporate environment and need to be defined and/or
distributed within the workplace for employee awareness.Define and describe the differences between policies, procedues, and standards. Identify a policy, procedure or standard from your current/former workplace or school that would be applicable to each of the three supporting mechanisms.
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Lawson Company Bought Real Estate On Which There Was An Old Office Building For
/in Uncategorized /by developerLawson Company bought real estate, on which there was an old office building, for $900,000. They paid $90,000 in cash as a down payment and signed a 6% mortgage for the remainder. They immediately had the old building razed at a net cost of $30,000; the salvaged materials were sold for $4,200. Attorneys were paid $7,000 in connection with the land purchase and an additional $3,000 in connection with permits and zoning variances necessary for the new office building. $25,000 was paid for excavation for the basement of the new building. $2,100,000 was paid for construction of the new building, and $95,000 was paid for a parking lot and necessary walkways and driveways.
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Lawson Is A U K Based Wine And Spirits Company It Seeks To Create A Fine Wine D
/in Uncategorized /by developerThe appropriate CLP discount rate for projects of this nature is 15 percent. What is project NPV in CLP?
b. Assume that GBPCLP remains constant at 600. Convert project cash flows into GBP (pounds). Using Lawson’s GBP WACC of 10 percent, calculate the project NPV in GBP.
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Lawton Expects To Generate Sales Of P44 000 000 In The Coming Year
/in Uncategorized /by developerLawton expects to generate sales of P44,000,000 in the coming year. Lawton has estimated that it takes an average of three days for payments to reach their central office and an additional two days to process the payments. What is the opportunity cost of the funds tied up in the mail and processing? Lawton uses a 360-day year in all calculations and can invest free funds at 6%
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