The answer is: A.Position a worker to signal you when operating a vehicle in reverse gear without audible forward alarm
When operating vehicle in reverse gear, the operator cannot always see whether the worker who gives the signal able to see the moving vehicles or not.
Which is why an audible sound for moving vehicles is needed so the other workers could notify the location of your vehicles and avoid themselves from being crushed.
Answer:
Realized gain of Shontelle = $332000
Explanation:
given data
adjusted basis = $760,000
mortgage = $192,000
receives cash = $120,000
fair market value = $780,000
to find out
What is Shontelle realized gain or loss
solution
we find here first Realized gain that is express as
Realized gain = Amount realized - Adjusted basis ..................1
so here Amount realized = (receives cash + fair market value + mortgage)
Amount realized = (120000 + 780000 + 192000)
Amount realized = 1092000
so from equation 1
Realized gain = Amount realized - Adjusted basis
Realized gain = 1092000 - 760000
Realized gain = $332000
so we can say that
Realized gain of Shontelle = $332000
Answer:
Agency conflicts between managers and shareholders
1. A New Beginning (ANB)
A. Yes; Alexander is misappropriating some of Akiko's wealth by unilaterally purchasing a nonbusiness asset using ANB's funds.
2. The Green Zone Inc. (TGZ):
B. No; although an agency relationship exists between TGZ's management-including Tae as TGZ's chairman and CEO and the firm's shareholders-there is no agency conflict, because no expropriation or wasting of the shareholders' wealth has occurred.
3. In the best interest of shareholders, compensation packages should be structured in a way such that managers have an incentive to maximize the__LONG-TERM____value of the company's common stock price.
4. In addition to well-designed executive compensation packages, two other motivational forces can align the interests of managers with those of their shareholders.
a. Reward the manager with a combination of salary and stock options
b. Let the manager to understand that a takeover can happen if she does not perform well.
5. In the late 1980s and early 1990s, Congress passed legislation making it more difficult for outside investors to stage hostile takeovers. This legislation likely__increases____conflicts between managers and stockholders.
Explanation:
Agency conflicts of interest exist in any relationship where one party is expected to act in another's best interests. Agency problems or conflicts of interest usually exist between a company's management and the company's stockholders. But, it can equally exist in a relationship where one party acts against the interest of the other.
Calculation of Commission earned:
We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.
So we can say that :
Commission earned = 15% * Total profit
Last week she sold 9 cars for the total of $10,870 dealer profit
Hence Commission earned shall be calculated as follows:
Commission earned = 15% * Total profit
Commission earned = 15% * 10870 = $1,630.50
Hence, the Commission earned by Joan is <u>$1,630.50</u>
Answer and Explanation:
The computation is shown below:
a) For ROE of the company
As we know that
Debt ratio = 1 - (1 ÷ Equity multiplier)
0.4 = 1 - (1 ÷ Equity multiplier)
(1 ÷ Equity multiplier) = 0.6
Equity multiplier = 1 ÷ 0.6
= 1.6667
Now ROE is
ROE = Net Profit Margin × Total Asset Turnover × Equity multiplier
= 10% × 0.9 × 1.6667
= 15%
b) For the Price of FSL shares
Expected Dividend next year (D1) = Projected EPS × Dividend payout ratio
= $3.50 × 30%
= $1.05
And, Required Return(ke) = 12.4%
Growth Rate(g) = ROE × (1 - Dividend payout ratio)
= 15% × (1 - 0.30)
= 10.5%
And finally the Price of STock:-
= D1 ÷ (ke - g)
= $1.05 ÷ (0.124 - 0.105)
= $55.26
C. For Present Value of Growth Opportunity(PVGO)
As we know that
Present Value of Growth Opportunity(PVGO) = Stock Price - (EPS ÷ Ke)
= $55.26 - ($3.50 ÷ 12.4%)
= $27.03
