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siniylev [52]
3 years ago
11

What is a company's unique responsibility to its stockholders?

Business
1 answer:
Lesechka [4]3 years ago
3 0
<span>Stockholders role for companies is to invest money in them in the purpose of helping them to grow and prosper. In return, the company's role is to give back the money stockholders gave in the first place, plus interests. So, the company's responsibility for its stockholders is to make sure they will continue to grow and make enough profits to give them back the money they invested, with benefits.</span>
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________________ invested or made loans with 95 percent of the deposits that were being held..
Over [174]

Answer:

(European) goldsmiths

Explanation:

European goldsmiths (Italian goldsmiths were the first) formulated a principle that only 5% of deposits were needed in reserve at any particular time, therefore they could lend 95% of the gold they held in deposit.

Goldsmiths would rent space in their vaults that allowed other people to keep their gold in a safe place. That led to transactions were notes indicating the amount of gold deposited would be traded instead of trading gold itself.

Eventually goldsmiths discovered that they could trade (lend) more money than the amount of gold they held in deposits, inventing fractional reserve banking.

4 0
3 years ago
Suppose you hold a particular investment for 7 months. You calculate that your holding period return is 8.4 percent. What is you
Leni [432]

Answer:

The annualized return is 14.82%

Explanation:

The formula for annualized return is given as Annualized return = (1+ holding return)12/n - 1

Holding return is 8.4%

n is the holding period of 7 months

Annualized return =(1+0.084)^(12/7)-1

Annualized return =14.82%

It is wrong to simply calculate annualized return as 8,4%*12/7,which means one is taking the interest to annual interest by proportional method,as this gives 14.40%, in investment every basis point counts.

The difference between the two figures is 0.42% which could translate into millions depending on the amount invested as well as the duration of investment

6 0
3 years ago
A process costing system:
adell [148]

Answer:

C. uses a separate Work-in-process account for each processing department.

Explanation:

A process costing system -

The term of process costing system is used in the method of cost account .

Where it refers to the method to assign and collect the cost of the goods and services manufactured per unit , is referred to as the process costing system .

The method is very efficient and useful during the production of goods and services in large quantities .

The method is appropriate for different department , where each department is assigned a separate processing method i.e. , if in company there are three major departments , then each department is assigned a specific process costing system , which is specific for a specific department .

Hence , from the question ,

The correct answer is c.  

7 0
3 years ago
You have agreed to paint your neighbor's house a lovely shade of chartreuse for $1500 and discover much to your dismay that the
Maslowich

Answer:

fixed price contract

Explanation:

Based on the information provided within the question it can be said that the neighbor most likely transferred risk with a fixed price contract. This refers to a contract that whose price is fixed at a set amount which does not depend on resources or time spent to complete the contract. Therefore it does not matter how much time or money the painter has to spend on tools, he must complete by the terms of the contract for the $1500 that were agreed upon.

4 0
2 years ago
In the context of planning a training program, even though it is time-consuming, putting together a _____ is worthwhile because
tekilochka [14]

Answer:

Request for proposal

Explanation:

The correct answer is a request for proposal. A request for proposal (RFP) is a business document that announces and gives detailed explanations about a project, it also helps an organization solicitation of bids from contractors who will help in the completion of the project. organization clarify training objectives, compare vendors, and measure results.

6 0
2 years ago
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