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2 years ago

The responsibilities of the board of directors includes: Group of answer choices Caring for shareholder interests A

1 answer:

3 0

A corporation's shareholders elect the board of directors to supervise, direct, and make business decisions on their behalf.

<h3>What are board of directors responsible for?</h3>

Generally speaking, the board serves as a fiduciary, setting broad rules and making significant decisions on behalf of the business and its shareholders. The hiring, firing, and salary of senior executives are all matters that fall under the authority of a board, as well as mergers and acquisitions, dividends, and significant investments.

The primary obligations of board members to shareholders are related to their fiduciary duties, which include the obligations of care, loyalty, and obedience. Board members are expected to put the needs of the company ahead of their own in carrying out these tasks.

<h3>Who is responsible for shareholders interests?</h3>

A corporation's shareholders elect the board of directors to supervise, direct, and make business decisions on their behalf. As a result, the board is directly in charge of overseeing and safeguarding the interests of shareholders in the business.

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Production equipment costing $500,000 has been purchased by a contract manufacturing company to meet the specific needs of a cus

irina1246 [14]

Answer:

Short-cut IRR = 18.75%

The company has not reached their rate of return goal on this contract and investment.

Explanation:

a) Data and Calculations:

Cost of production equipment = $500,000

Qualified investment tax credit (ITC) = 10% = $50,000 ($500,000 * 10%)

Contract period = 4 years with 4 years extension on renewal

Income tax rate for the company = 40%

Expected after-tax rate of return = 12%

Expected before-tax rate of return = 30% (12%/40%)

Annual income generated by the equipment = $150,000 for 4 years

Salvage value at the end of 4 years = $200,000

Short-cut IRR = 100%, divided by the number of years * about 75-80%

= 100%/4 * 75%

= 18.75%

8 0

3 years ago

A first saving account pays 5% compounded annually. A second saving account pays 5% compounded continuously. Which of the two in

Marysya12 [62]

The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.

3 0

3 years ago

Once Arnold Patel had decided he wanted to quit working as a Web designer for a large advertising agency and go into some kind o

Orlov [11]

The correct answer is letter "E": find the idea for his business.
Explanation:
There are no set of steps or books that could determine when entrepreneurs could start a business or not. Most ventures are engaged by recognizing an opportunity and matching it with strengths individuals have that could make the plan work. Proper assessment and partnership are vital in this stage for the venture not to be affected by the initial challenges of entering into a market.
If Arnold has found he has an entrepreneurial spirit, then, he should spot different opportunities in the market for him to take one and develop a business idea.

5 0

3 years ago

The Back Room just paid an annual dividend of $1.50 a share. The firm expects to pay dividends forever and to increase the divid

umka2103 [35]

Answer:

$26.05

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid = d0 x (1 + growth rate)

d0 = dividend that was just paid

r = cost of equity

g = growth rate

1.5 x (1.045^6) / 12 - 4.5 = $26.05

6 0

3 years ago

Unrealized holding gains or losses which are recognized in income are from debt securities classified as

Serga [27]

Answer:

Trading.

Explanation:

In Business management, when a gain or loss is realized, it simply means that the owner of stock or other securities has sold it. Thus, these unrealized gains or losses are generally referred to as paper profits or losses.

Basically, when the value of a stock being bought by an investor reduces (falls) while he or she is yet to sell it, it is known as an unrealized loss.

However, when the value of a stock being bought by an investor rises (increases) while he or she is yet to sell it, it is known as an unrealized gains.

Hence, unrealized holding gains or losses which are recognized in income are from debt securities classified as trading.

3 0

3 years ago