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skelet666 [1.2K]
2 years ago
7

Shareholders in a management company have all of the following rights except the right to vote: a to change the investment objec

tive of the fund b for the investment adviser c for the board of directors d on the dividend distribution amount review
Business
1 answer:
vivado [14]2 years ago
7 0

Shareholders in a management company have all of the following rights except the right to vote a to change the investment objective of the fund.(option A)

<h3>What are the rights of shareholders?</h3>

A shareholder is a person or group of people who have purchased shares in a public company. The shares gives the shareholders ownership rights in the company.

The shareholders can vote during annual general meetings on matters relating to dividends, membership of the board of directors and investment adviser.

To learn more about shareholders, please check: brainly.com/question/19162424

#SPJ1

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Read 2 more answers
On November 1, year 1, ABC, Inc., received a 3-month, 8%, $1,500 note receivable with interest and principal to be collected on
OverLord2011 [107]

Answer:

The amount of interest revenue that should be recorded for year 1 is $20.

Explanation:

  • A note otherwise known as promissory note is an unconditional written promise by a borrower to a lender (payee) to pay a certain agreed sum at a specific date.
  • The interest revenue on notes receivable is calculated by Principal x Interest rate x Time period
  • In the case of ABC, Inc., the interest revenue to be recorded for year 1 (November 1 - December 31) is calculated as follows: $1,500 x 8%/12 = $10 monthly. For the 2 months, it is $10 x 2 months = $20.
7 0
2 years ago
ACME labs bought a new inspection device for $182,730. The accounting department has estimated that the device will have an annu
enyata [817]

Answer:

salvage value is $16,368.34

Explanation:

given data

initial cost = $182,730

annualized capital cost = $42,442

service life = 7 year

interest rate = 15%

solution

we get here first present value that is

annual value  = rate ×  \frac{present\ value}{(1 - (1+ r)^{-t})}       .................1

put here value and we get

42,442 = 15% ×  \frac{present\ value}{(1 - (1+ 0.15)^{-7})}

solve it we get

present value = $176,576.5343  

so

present value = initial investment + salvage value     ..............2

we take here present value and initial investment will be negative

-176,576.5343 = -182,730 + salvage value(p/f,15%,7)  

-176,576.5343 +182,730 = salvage value(p/f,15%,7)

6,153.465 = salvage value × 0.3759

salvage value = 16,368.34

3 0
2 years ago
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