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2 years ago

Even after commencement of business operations, officers and directors have a responsibility to comply with _______.

1 answer:

3 0

Even after the commencement of business operations, officers and directors have a responsibility to comply with corporate formalities.

<h3>What are the duties of corporate directors and officers?</h3>

In general, the officers are in charge of carrying out the board's policies and making day-to-day choices, while the board of directors is in charge of important business and policy decisions.

announcing and disbursing corporation dividends.
approving significant corporate choices.
hiring, promoting, managing, and firing managerial and corporate leaders.
choosing between issuing bonds or stock.

A corporation's owners are its shareholders, usually referred to as stockholders, who acquire an interest in the company by acquiring shares of stock. A board of directors is chosen by shareholders, and they are in charge of running the business.

Officers and directors are still required to follow corporate formalities even after the start of business operations.

To learn more about the duties of corporate directors and officers refer to:

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Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa

kow [346]

Answer:

C) $120,000

Explanation:

Since Copper corporation owns 65% of Bronze Corporation, its dividends received deduction (DRD) is 80% of the dividends received.

stake at another corporation is less than 20%, DRD = 70%
stake at another corporation is between 20% to 80%, DRD = 80% (Copper's case)
stake at another corporation is higher than 80%, DRD = 100%

Therefore, if Copper received $150,000 in dividends from Bronze, it can deduct 80% of that amount = 80% x $150,000 = $120,000

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3 years ago

A recession tends to cause the federal budget deficit to ________ because tax revenues ________ and government spending on trans

AveGali [126]

Answer:

b) increase; fall; rises

Explanation:

Federal budget comes from tax revenues and was drained by transfer payments.

In a recession, firms go out of businesses and people don't spend much. There will be less tax on goods and firms' profits. On the other hand, more people become unemployed and become entitled to receiving transfer payments.

3 0

3 years ago

What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont

Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

$P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}$

$P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}$

The probability of losing would be:

P(loss) = 1 - P(win)

$P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}$

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

$= 9,999,999 X \frac{1}{15,890,700} + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37$

Thus, we expect to lose $0.37 per lottery ticket

7 0

3 years ago

When logging into Google Tag Manager for the first time, what needs to be set up?

lara31 [8.8K]

Answer:

The correct answer is B

Explanation:

GTM (google tag manager), is a tool which allows the person to manage as well as deploy the marketing tags on the website, without modifying the code.

It is used so as to make easier for the marketers in order to execute the tags without relying on the web developers to do it.

When logging to GTM, the first thing need to be set up or create is the tag manager account so as to proceed further.

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3 years ago

What resourse is both renewable and inexpensive?<br><br> gold<br> coal<br> lumber<br> mineral

balu736 [363]

Minerals. Plants contain minerals and it's inexpensive which means it's not that much expensive. Minerals are all around is. Ur welcome.

8 0

3 years ago