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3 years ago

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

1 answer:

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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.

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What happens to the area of a circle if the circumference is doubled?

tigry1 [53]

Answer:

Option C

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3 years ago

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A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 117% of its $1,000

adelina 88 [10]

Answer:

Option (C) is correct.

Explanation:

Given that,

Par value = $1,000

Ask price = 117% of par value

Last interest payment was made = 2 months ago

coupon rate = 6%

Invoice price:

= (Par value × ask price percent) + (coupon rate × par value) × Time period

= 1,000 × (1.17) + 60 (2 ÷ 12)

= $1,170 + 10

= $1,180

Therefore, the invoice price of the bond will be $1,180.

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3 years ago

The more information/cues a medium sends to the receiver, the ____ the medium is considered.a. Quicker b. Fuller c. Wider d. Ric

anzhelika [568]

Answer:

The more information a medium sends to the receiver,the richer the medium is considered.

The correct answer is D

Explanation:

A medium is considered to be richer if it sends more information to the receiver.

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3 years ago

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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

MakcuM [25]

Answer:

Explanation:

Given that the relevant range of production is 500 units to 1,500 units, the cost elements are fixed and variable. All the items listed will change as a result of a 5% increase in sales, only the fixed expense will not be affected when the activity level changes from 1000 units to 1050 units.

The 1050 units represents the units sold where there is a 5% increase.

= 1000 × 1.05 = 1050 units

As such,

Sales (1050 units) = 1050/1000 × $80,000 = $84,000

Variable expenses (1050 units) = 1050/1000 × $52,000 = $54,600

As such, If the company sells 1050 units

Amount in $

Sales 84,000

Variable expenses (54,600)

Contribution margin 29,400

Fixed expenses (21,840)

Net operating income 7,560

Estimated percent increase in net operating income = (7560 - 6,160)/6,160 × 100%

= 1,400/6160 × 100%

= 22.73%

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3 years ago

A nonsufficient-funds check was returned to your company. How does the bank treat this on your bank statement?

Anit [1.1K]

Answer:

B. IT'S SHOWN AS A DEBIT MEMO

Explanation:

A bank creates a debit memo when it charges a company a fee on its bank statement, thereby reducing the balance in the company's checking account. Thus, if a bank account has a balance of $1,000 and the bank charges a service fee of $50 with a debit memo, the account then has a remaining balance of $950. Examples of charges that can cause debit memorandums are bank service charges, bounced (not sufficient funds) check fees, charges for the printing of check stock, and rental fees for the use of remote deposit capture scanners and software

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3 years ago