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1 year ago

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

Business

1 answer:

Rainbow [258]1 year 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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Answer:

$5,230

Explanation:

Account receivable balance = $310,000

Credit balance in allowance for uncollectible accounts = $970

Given percentage = 2%

So by considering the above information, the bad debt expense is

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= $310,000 × 2% - $970

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2 years ago

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2 years ago

A FLSA covered enterprise is the related activities performed through unified operation or common control by any period or perso

alexandr402 [8]

Answer:

Is an activity or a public agency

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2 years ago

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Answer:

See the answers and explanation below.

Explanation:

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2 years ago

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