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kolbaska11 [484]
1 year ago
12

ray and gina own shares of stock in a number of different companies. none of their holdings are very large. because they make th

eir own investment decisions, they are not as dependent on the board of directors to represent their interests as the large-block shareholders are. a. true b. false
Business
1 answer:
dimulka [17.4K]1 year ago
4 0

The statement 'Ray and Gina own shares of stock in a number of different companies. None of their holdings are very large. Because they make their own investment decisions, they are not as dependent on the board of directors to represent their interests as the large-block shareholders are' is false.

When you hold stock in a company, whether it be of low value or high value' you have to go along with the board of directors of the company. You cannot make a decision on your own without getting approval from the board of directors.

In the case above, although Ray and Gina might be having a small share of stock in different companies, they are still entitled to be dependent on the board of directors as much as the large-block shareholders are.

To learn more about shareholders, click here:

brainly.com/question/27961565

#SPJ4

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Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period
Aliun [14]

Answer: 10400 unfavorable

Explanation:

Firstly, we should note that the fixed overhead volume variance is the difference between the standard fixed overhead for actual output and the budgeted fixed overhead.

Budgeted fixed overhead = 780000

The standard fixed overhead for the actual output will be:

= Actual output × Number of hour per unit × the standard fixed overhead rate

= 14800 × 4 × 13

= 769,600

Then, the fixed overhead volume variance will be:

= 769600 - 780000

= 10400 Unfavorable

6 0
3 years ago
Because of their relatively small national economies, which of the following is most likely considered to be the most important
BARSIC [14]

Answer:

which of the following is most likely considered to be the most important factor for Belgiom, Korea and Canada to take full advantage of specialization?

b. international trade

Explanation:

In general, an economy can be defined as a set of activities that lead to the production and consumption of goods and services that utilize limited resources. An economic system serves to meet the needs of the individual operating in that economy, whether it is production or consumption needs. There are many factors that determine how big or small an economy is, the factors include; culture, laws, history, population, geographical location and other factors that cause necessity. A big economy can be defined as an economy where the amount of economic activities including the production and consumption of goods is at a high level as compared to other economies. On the contrary, a small economy is one whose production, consumption and trading activities is at a relatively low level. We will consider small economies.

Small national economies are countries whose production and consumption levels on a national scale are relatively small. Examples of such countries include; Belgium, Korea and Canada. Since the necessity for production or consumption is not that big, the best factor for specialization is international trade. Small economies can boost their growth by specializing on international trade to increase their market shares in other countries.

8 0
2 years ago
Gamma Company adjusts its accounts at the end of each month. The following information has been assembled in order to prepare th
Tresset [83]

Answer; c. $14,000

Explanation

On December 1, rent had been paid for 3 months. At a rate of $7,000 a month this will come to;

= 7,000 * 3

= $21,000

The Prepaid rent account will reduce every month by the rent due for that month. The balance on the Prepaid account as at December 31 will therefore have reduced by one month from December 1.

= 21,000 - 7,000

= $14,000

7 0
3 years ago
An asset (not an automobile) placed in service in June 2018 has a depreciable basis of $35,000 and a recovery period of 5 years.
Maurinko [17]

Answer:

The Cost that can be deducted will be $3,500

Explanation:

     Bonus Depreciation=$35,000*50%=$17,500

     Now cost deductible in 2018 will be=$17,500/5=$3,500

Currently 50% bonus depreciation being deducted on assets as per new rulings.

5 0
2 years ago
Read 2 more answers
Equity shareholders are called what ​
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Equity shareholders are called the dividend
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