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frutty [35]
3 years ago
5

Conflicts of interest may exist when employees have financial investments. True or False

Business
1 answer:
lisov135 [29]3 years ago
8 0

Answer:  False                                    

Explanation: In simple words, conflict of interest refers to a situation in which any individual or an entity holds the position of authority in which any decision made by him or her can lead to personal benefit at the cost of others loss.

The given statement is false as conflict of interest would only appear when the employees have financial investments in the companies in which they are working as it can lea d to access of materiel non public information or authority to make decisions for personal benefit.

         

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intext:"A company has 50,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $1,470,
Ganezh [65]

Answer:

$29.4 per share

Explanation:

A company has 50,000 shares of common stock outstanding

The stockholder's equity that is applicable to common shares is $1,470,000

The per value of common share is $5

Therefore, the book value per share can be calculated as follows

= $1,470,000/50,000

= $29.4 per share

Hence the book value per share is $29.4 per share

5 0
3 years ago
What is the most important element of a feasibility study?
Ann [662]
There are 5 elements of the feasibility study:
1) Description - of items or services offered, delivered, overview
2) Market feasibility - is there a market? is the market worth entering?
3) Technial feasibility - how service will be delivered 
4) Financial feasibility - funding needed for product or service to launch, what will they make from the product or service
5) Organizational feasibility - legal aspect of the business 

In this case, market feasibility is the most important element because if there isn't a desire or market for the product or service, there is no reason to enter that market. If a market is not being entered, funding, legal aspects and knowing how to advertise/deliver the product is not necessary. 

7 0
3 years ago
Which of the following is classified as an asset​ account?A.Notes PayableB.​Owner, WithdrawalsC.Prepaid InsuranceD.Unearned Reve
almond37 [142]

Answer:

C.Prepaid Insurance

Explanation:

Prepaid Insurance is the insurance amount paid in advance, so that company has a receivable because amount is not due yet. It will charged to expense account with the passage of time. Notes Payable, Unearned Revenue, ​Owner Withdrawals are classified as liabilities and capital contra accounts. So correct option is C. Prepaid Insurance.

8 0
3 years ago
Twifty Sports Inc. manufactures basketballs for the Women’s National Basketball Association (WNBA). For the first 6 months of 20
Xelga [282]

Answer:

Incremental Analysis for special order

units                                                                   <u>10,000</u>

offer price                                                          $290,000

Variable cost:

Cost of goods sold($22.5 *10,000)     225,000

Selling and Administrative expenses

($2.05*10,000)                                       20,500

shipping cost (0.77*10,000)               <u>    7,700  </u>     <u> (253,200)</u>

Additional contribution                                           <u>  36,800</u>

Explanation:

variable cost goods sold per unit  =  ( 3,633,000 - 960,000)/118800 = $22.5

Variable selling and admin expense per unit = ( 517,540 - 274,000)/118800                  

                                                                         = $ 2.05

8 0
3 years ago
Many people moved to the Sunbelt to take new jobs in
Lisa [10]


Among the choices above the main reason why many people migrate to Sun belt is to work on the fields of <span>aerospace and electronics this is because of the fast development </span>of the industries in Sun belt and great opportunity are waiting for the migrates. <span>
</span>
4 0
3 years ago
Read 2 more answers
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