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1 year ago

the determination of whether a corporate director or officer has met her duty of care is measured in hindsight.

1 answer:

5 0

The determination of whether a corporate director or officer has met her duty of care is measured in hindsight as of the time the decision is made - hindsight is not a factor; not liable to the corporation or SHs for honest mistakes of judgment.

The corporate method regarding large organizations, or to a specific large organization. hobby rates are better for corporate customers than for personal customers. The financial system is growing, and corporate profits are rising. company means referring to huge groups, or to a specific huge organization.

Corporate is an American comedy tv collection created by using Pat Bishop, Matt Ingebretson, and Jake Weisman. a 10-episode first season premiered on Comedy primary on January 17, 2018. On February 26, 2018, the collection become renewed for a 2nd season.

The definition of a company is something related to an enterprise organization or an enterprise that operates as a single legal unit. An example of corporate is a tradition in an office. An instance of the company is an agency that has filed papers and become integrated.

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Explain how specific alternative work arrangements can motivate employees.

Andrew [12]

Employee involvement programs can increase job satisfaction, employee morale and commitment to the organization, as well as increase productivity, reduce turnover and absenteeism and enhance the quality of products and services. Efforts to involve employees in meaningful ways include: Self-managed work teams

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3 years ago

Why is mobile banking considered riskier than online banking?

egoroff_w [7]

Because mobile banking means you are using smartphones or other devices . Online banking is a method of banking in which transactions are conducted electronically via the Internet . So if you doing mobile banking people can steal your bank information

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3 years ago

Read 2 more answers

One reason some manufacturing companies have moved production from overseas locations back to the United States is an increasing

Liula [17]

Answer:

The key economic idea being exemplified is c) People are rational

Explanation:

The economists’ assumption is that firms and consumers utilize all available information to attain their goals and weigh all costs and benefits of each action taken. Moreover, firms and consumers only choose an action if the benefits exceeds the costs. Therefore, the action of manufacturing firms to move their operations from overseas back to the US due to the increased preference for US manufactured goods exemplifies that consumers and firms rely on all available information when pursuing their goals.

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3 years ago

Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay fo

Delicious77 [7]

Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her annual wage base.

Answer: Option B

Explanation:

The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.

A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.

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3 years ago

Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Co. for

Kryger [21]

Answer:

Eller Equipment Co.

Income statement

Particular Amount($) Amount ($)

Sales revenue 940,000

Less: Cost of good sold (595,000)

Gross margin 345,000

Operating expenses

Salaries expenses 122,000

Operating expenses 65,000

Warranty expenses 9,200

Un-collectible account expenses 45,000

Depreciation expenses 3,000

Total operating expenses (244,200)

Operating income 100,800

Non-operating expenses

Interest revenue 6,200

Interest expenses (36,000)

Gain on sale of equipment 19,000

Total non-operating items (10,800)

Net Income $90,000

Balance Sheet

Assets Amount$

Current Assets

Cash 41,000

Accounts receivable 108,000

Less: Allowance for doubtful (19,000) 89,000

accounts

Merchandise inventory 101,000

Interest receivable 3600

Prepaid rent 38,000

Supplies 6,500

Notes receivable 32,500

Total current assets 311,600

Property Plant and Equipment

Equipment 243,000

Less: Accumulated depreciation (66,000) 177,000

Land 95,000

Total property plant and equipment 272,000

Total Assets 583,600

Liabilities and Stockholder Equity

Current liabilities

Account payable 55,000

Unearned revenue 47,000

Warranties payable 6,500

Interest payable 6,000

Salaries payable 68,000

Total current liabilities 182,500

Long-term liabilities

Notes payable 160,000

Total long-term liabilities 160,000

Stockholders equity

Common stock 110,000

Retained earning 131,100

Total stockholders equity 241,100

Total liabilities and stockholders equity $583,600

Workings

Retained earning = Beginning retained earning + Net income - Dividend

= 61,100 + 90,000 - 20,000

= 131,100

5 0

3 years ago