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2 years ago

Generally, a board member who is a source of information about a firm's day-to-day activities is classified as?

1 answer:

6 0

Generally, a board member who is a source of information about a firm's day-to-day activities is classified as inside director

<h3>what is board of directors?</h3>

A board of directors (also known as the board) is an executive committee that oversees the activities of an organisation, which can be for-profit or nonprofit, such as a business, nonprofit organisation, or government agency.
Government rules (including the jurisdiction's corporation law) and the organization's own constitution and by-laws control the rights, duties, and obligations of a board of directors.
These authorities may specify the number of board members, how they will be chosen, and how frequently they will meet.

learn more about board of directors refer:

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SEU Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.88 every year in perpetuity. If the req

ZanzabumX [31]

Answer:

Current stock price = $1.040

Explanation:

We know,

Current preferred stock price = Preferred dividend ÷ Expected rate of return

Given,

Expected rate of return = 4.69%

Preferred dividend = $4.88

Current preferred stock price = ?

Putting the values into the formula, we can get

Current preferred stock price = $4.88 ÷ 4.69%

Or,Current preferred stock price = $1.040.

Therefore, the current preferred stock price is $1.040.

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3 years ago

Information on four investment proposals is given below: Investment Proposal A B C D Investment required $ (790,000 ) $ (120,000

goblinko [34]

Answer:

Explanation:

1. The formula to compute the profitability index is shown below:

Profitability index = Net present value ÷ investment required

For Proposal A, it would be

= $331,300 ÷ $790,000

= 0.42

For Proposal B, it would be

= $48,300 ÷ $120,000

= 0.40

For Proposal C, it would be

= $62,000 ÷ $120,000

= 0.52

For Proposal D, it would be

= $607,200 ÷ $1,820,000

= 0.33

2. The proposal rank preference is shown below:

Proposal Profitability index Rank

A 0.42 Second

B 0.40 Third

C 0.52 First

D 0.33 fourth

So, it would be C, A, B and D

7 0

3 years ago

Blossom Inc. had sales of $2,300,000 for the first quarter of 2020. In making the sales, the company incurred the following cost

n200080 [17]

Answer:

CVP Income Statement

Sales revenue 2,300,000

Less: Total variable cost 1,171,000

Contribution margin 1,129,000

Less: Fixed cost 664,000

Net Operating income $465,000

Note:

Cost of goods sold 936,000

Selling expenses 119,000

Admin expense 116,000

Total variable cost 1,171,000

Cost of goods sold 473,000

Selling expenses 71,000

Admin expense 120,000

Total Fixed cost 664,000

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3 years ago

Ford Motor Company's use of company resources to build its River Rouge Plant outside of Detroit so that iron ore could enter int

Alenkinab [10]

Answer:

Vertical growth

Explanation:

Vertical growth occurs when a company sets up operations and distribution channels for a new product. There is an expansion from its traditional product offering.

Vertical growth aims to increase control of distribution and suppliers and scaling of product within existing line of production.

Ford motor's initiative in setting up its River Rouge Plant outside of Detroit so that iron ore could enter into one end of the plant and a finished automobile could exit out of the other end is vertical growth.

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3 years ago

As a sole proprietor, Jessica took out a loan to buy equipment for her in-home business. If Jessica's business does not make eno

Jet001 [13]

Based on the given scenario above, the correct answer for this would be option A. So based on Jessica's situation, the condition that the scenario describes would be UNLIMITED PERSONAL LIABILITY. Unlimited liability refers to the legal obligations that one must assume. Hope this is the answer that you are looking for.

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3 years ago