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1 year ago

The board of directors authorizes a cash or distribution of cash to its investors.a. Trueb. False

Business

1 answer:

Novosadov [1.4K]1 year ago

5 0

This assertion is accurate. A cash dividend or other cash payment to investors is approved by the board of directors.

<h3>Is the board of directors involved in the decision to distribute dividends?</h3>

Before a cash dividend is announced and later delivered to shareholders, a company's board of directors must determine whether to pay one and how much. The Board shall determine the amount of cash to be delivered to the Shareholders, both individually and collectively.

<h3>Dividends have been announced by the board of directors.</h3>

A company's interim dividend is the sum that the board of directors declares between two annual general meetings. Interim dividend is included in the definition of dividend under Section 2(35) of the Companies Act. It is at the board of directors' discretion to declare an interim dividend.

Learn more about interim dividend: brainly.com/question/28523087

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Ben is employed as a carpenter and his wife, Marilyn, is a self-employed consultant. Besides Ben’s salary, Ben and Marilyn own a

Alona [7]

Answer:

B. The cost of utilities is deductible for AGI

Explanation:

The entire cost of the utilities would be for AGI deduction assuming no personal use of the condo. The employer portion of Marilyn's self-employment tax would be deductible as well.

Adjusted gross income (AGI) is a measure of income calculated from your gross income and used to determine how much of your income is taxable. It is the starting point for calculating a filer's tax bill in the United States and, among other things, is the basis for many deductions and credits. When filing your taxes online—as about 80% of filers do—the software you use will calculate your AGI for you.

3 0

3 years ago

The conventional payback period ignores the time value of money, and this concerns Green Caterpillar's CFO. He hwas now asked yo

Cerrena [4.2K]

Answer: $‭1,645,379.41‬

Explanation:

The deficiency attached to the Discounted Payback period is that it stops recognizing cashflows after the project is paid off.

Year 1 discounted cash flow = 2,000,000/(1 + 10%) = $1,818,181.82

Year 2 discounted cashflow = 4,250,000 / (1 + 10%)² = $3,512,396.69

Year 3 discounted cashflow = 1,750,000/( 1 + 10%)³ = $1,314,800.90

Amount that Discounted Payback period will not recognize is;

= Cumulated discounted cash flow - Initial cost

= 1,818,181.82 + 3,512,396.69 + 1,314,800.90 - 5,000,000

= $‭1,645,379.41‬

6 0

3 years ago

A/An _____ is a hybrid investment that is traded in securities markets like a stock but actually represents ownership in a marke

katrin2010 [14]

the correct answer would be : Exchange Traded Fund
The Exchange traded fund is a marketable security that trades commodity, bonds, or a basket of assets, which also trade the ownership of those securities (like the usual stock market but for bonds, commodity, or assets)

8 0

3 years ago

Equipment was purchased for $60,000. Freight charges amounted to $2,800 and there was a cost of $8,000 for building a foundation

Sholpan [36]

Answer:

a. $11,760.

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Cost of asset = $60,000 + $8,000 + $2,800 = $70,800

($78,800 - $12,000) / 5 = $11,760.

I hope my answer helps you

6 0

3 years ago

Once a firm has diversified and established itself in several different businesses, then its main strategic alternatives include

RoseWind [281]

Answer:

E. Shifting from a multi-country to a global strategy.

Explanation:

The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.

Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.

A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.

The diversified firms hence have ample market opportunities and thereby brain the scope of the business.

6 0

3 years ago