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2 years ago

Shareholders exercise ownership control through the power of their votes. Group of answer choices False True

Business

1 answer:

vivado [14]2 years ago

5 0

True, Shareholders exercise ownership control through the power of their votes.

<h3>What is Shareholder Ownership ?</h3>

Common shareholders are part of the owners of a corporation, they have bought some shares or stocks of the corporation either through public offerings or the the Stock markets.

As part of the owners of a corporation, common stock holders have certain rights except otherwise stated in the agreement.

The right to vote during the general meeting to decide how the leadership of the corporation will be.
The right to share in the profits of the corporation.
Common shareholders are notified before issuance of new stock.
They have some degree of control over the management selection process etc.

A corporation is owned by it's shareholders as a group. Each shareholder holds a proportion of the share capital of a corporate and has voting rights in proportion of his shareholdings.

Therefore , we can conclude that the statement is TRUE.

Learn more about Shareholder Ownership on:

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For each of the following unrelated situations, calculate the annual amortization expense and prepare a journal entry to record

lakkis [162]

Answer:

Explanation:

Base on the scenario been described in the question, we use the following method prepare and slove the given problem

Solution to the problem is in file attached below

Option c will be

Base on this, the Cost of goods sold: $ 934

3 0

3 years ago

Which one of the following is NOT generally considered a key factor in assessing industry attractiveness? Select one: a. Buyer p

Tanya [424]

Answer:

c. Threat of regulation

Explanation:

Michael Porter's five forces model states factors for assessing an industry's attractiveness. Following are the five forces as per porter:

Buyer power: Refers to negotiation power of buyers in a industry
Supplier Power: Refers to supplier's power to charge a price for inputs.
Threat of substitutes: Refers to competitors already making homogeneous or similar products.
Degree of Rivalry i.e the intensity of competition in an industry
Threat of new entrants: Threat of new firms entering the industry and gaining a market share.

Thus, Threat of regulation is not considered amongst 5 forces that are used to assess industry attractiveness.

6 0

3 years ago

Crew Clothing (CC) sells women’s resort casual clothing to high-end department stores and in its own retail boutiques. CC expect

motikmotik

Answer:

January February March

Total Cash Receipts $634,000 $546,000 $582,000

Explanation:

CC’s expected cash receipts from customers

January February March

Sales $510,000 $570,000 $590,000

Cash Receipts

Cash - 20% $102,000 $114,000 $118,000

Credit - 40% $328,000 $228,000 $236,000

Credit - 40% $204,000 $204,000 $ 228,000

Total $634,000 $546,000 $582,000

7 0

3 years ago

Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st

bearhunter [10]

Answer:

1 Cost of goods sold $ 13,350

2. Value of finished goods ending inventory $ 16,200

3. Value of work in process inventory $ 0

Explanation:

Computation of cost of goods sold

Determination of per unit cost

Opening balance $ 7,000

Direct Materials $ 12,600

Direct Labour $ 3,500

Manufacturing overhead applied $ 6,900

Total cost of Job X32Z $ 30,000

Units completed 250

Cost per unit $ 120

Units sold 115 units

Cost of goods sold $ 120 * 115 $ 13,800

Add; Adjustment for over applied overhead $ ( 450)

Cost of goods sold $ 13,350

Computation of Finished Goods Inventory value

Units produced 250

Units sold 115

Units in ending inventory 135

Cost per unit $ 120 per unit

Value of ending inventory $ 120 unit * 135 units $ 16,200

Computation of Work in process inventory

There are no units in process at the end of May, so there is no work in process. so then value is $ 0

6 0

3 years ago

In markets characterized by oligopoly,

Tju [1.3M]

Answer:

d. the oligopolists earn the highest profit when they cooperate and behave like a monopolist.

Explanation:

An oligopoly is when there are few large firms operating in an industry.

When oligopoly firms come together and agree to set a price, they are known as cartels and are acting as a monopoly. Firms in a cartel earn the highest profit because they act as a monopoly compared to when they aren't in a cartel and each firm sets their own prices to maximise profit. In a case where firms in an oligopoly do not form a cartel, they engage in price wars and other forms of competition which might make firms earn lower profits compared to when they are in a cartel.

Collusive agreements aren't always binding. Firms might have incentives to cheat on the agreement if the payoff from cheating is higher than not cheating.

I hope my answer helps you.

4 0

3 years ago