Answer:
Essentially the non-executive director's (NED) role is to provide a creative contribution to the board by providing independent oversight and constructive challenge to the executive directors. ... Clearly, it is appreciated that NEDs cannot give the same continuous attention to the business of the company.
Answer:
Decrease
Explanation:
Fiscal policy is an important policy tool which is used by the government to account for revenue and expenses. During a boom stage, when the economy is improving the government implements more taxes. Similarly, in a recession period, where economic growth is negative an expansionary discretionary fiscal policy is applied. In this type of fiscal policy, taxes and government expenses both are concentrated to remove the pressure.
Answer:
$336.60 per unit
Explanation:
The computation of selling price per unit is given below:-
For computing the selling price per unit first we need to follow some steps which is shown below:-
Total fixed costs = Fixed overhead costs + Fixed selling and administrative costs
= $679,000 + $114,000
= $793,000
Fixed cost per unit = Total fixed costs ÷ Number of units expected to be produced
= $793,000 ÷ 12,200
= $65 per unit
Total costs per unit = Direct materials + Direct labor + Variable overhead + Fixed cost per unit
= $122 + $52 + $67 + $65
= $306
Now,
Selling price per unit = Total cost per unit × (1 + Markup)
= $306 × (1 + 10%)
= $306 × 1.1
= $336.60 per unit
Answer:
-1.0
Explanation:
Diversification in a portfolio can be regarded as spreading of investments by investors so that risk can be minimized. The correlation coefficient "r" that exist between two securities allows us to know how return that's gotten from one security is related to returns from another security. For instance, it is possible for two securities within same sector to move in the same direction, i.e it is possible to be positively correlated, in this sense when price of one goes up , the other price also goes up this might not be with the same margin.
As regards negative correlation, there is movement of security returns in opposite directions, in this sense there is least relationship between the securities. Hence with r= 1 there is movement of the two stocks in opposite direction hence Maximum diversification.
It should be noted that Maximum diversification benefit can be achieved if one were to form a portfolio of two stocks whose returns had a correlation coefficient of -1.0
