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2 years ago

The goal of the managers of a publicly owned company should be to maximize the firm’s.

Business

1 answer:

Rainbow [258]2 years ago

7 0

The goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.

<h3>What is a publicly owned company?</h3>

A public company, also known as a publicly traded company, publicly owned company, publicly listed company, or public limited company, is a company whose stock is freely listed on a stock exchange or in over-the-counter marketplaces.
A public (publicly traded) company may or may not be listed on a stock exchange (listed company), which facilitates share trading (unlisted public company).
Public companies of a certain size must be listed on an exchange in some jurisdictions.
In most cases, public companies are private enterprises in the private sector, and the term "public" emphasizes their public market reporting and trading.
A publicly traded company's managers should strive to maximize the firm's common stock value.

Therefore, the goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.

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I would like to set up a company that has operational flexibility and tax efficiencies, but I would also like reduce my personal

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3 years ago

Omkara, a furniture manufacturer, contracts with foam gnome for $50,000 worth of foam, which omkara will use for making ten sofa

snow_tiger [21]

In this situation, it would be a breach of contract if G<span>nome would require </span>Omkara<span> to pay a higher price than the agreed price. They have already contracted the price and they both agreed to it. </span>Omkara<span> can enforce her right to the contract claiming that she will only pay the $50000 because it is what they have agreed upon.</span>

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3 years ago

Chico Company paid $950,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the

kramer

Answer:

$171,000

Explanation:

The company psid $950,000 for office furniture, building and land

The market value of the assets is

Office furniture= $190,000

Building= $740,000

Land= $132,000

Therefore the cost that should be allocated to the office furniture can be calculated as follows

= 18/100 × 950,000

= 0.18×950,000

= 171,000

6 0

3 years ago

The 2017 Annual Report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 December 3

a_sh-v [17]

Answer:

a. Asset turnover = Sales/Average total assets

Asset turnover= 515.7/[(930.9+920.1)/2]

Asset turnover = 515.7 / 925.5

Asset turnover = 0.5572123

Asset turnover = 0.557

b. Return on Assets = Net income/Average total assets

Return on Assets= 80.7/[(930.9+920.1)/2]

Return on Assets = 80.7 / 925.5

Return on Assets = 0.08719

Return on Assets= 8.72%

c. Profit Margin = Net income/Sales

Profit Margin = 80.7/515.7

Profit Margin = 15.65%

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3 years ago

Product improvements, product modifications, and original products can all be classified as:______.

RUDIKE [14]

All improved, modified, or original products are classified as NEW PRODUCTS.

Product is improved when gaps were found in it as the gaps are introduced they are termed to resolve it this resolving will help the producer to re-introduce his/her product from the start this product is now classified as to the new product category.

Same like this modification process goes through and developed into a brand new brand or product ad same and we know if any product didn't find a mistake again this product is indeed a new product so all the respective categories are called new products.

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6 0

2 years ago