In a case whereby a firm goes bankrupt, shareholders cannot recover their risk capital.
This is because they have loose alot in the investment.
<h3>What is Bankruptcy?</h3>
Bankruptcy can be explained as legal process in which an organization that cannot repay debts to creditors may seek relief debts.
Learn more about Bankruptcy at;
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They wanted to ensure that the bill of rights was included in the constitution.
Answer:
Task-oriented leader
Explanation:
Task-oriented leaders focus on accomplishing tasks in order to achieve a certain goal. These leaders will set out the tasks to be done, plan and organize resources needed to accomplish the tasks and monitor progress towards accomplishment of the tasks. Task-oriented leaders do not tend to focus on the well being of their team. Chen demonstrates traits of a task oriented leader.
Answer:
Vaughn should produce Plain as it makes greater profit.
Explanation:
Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both.
Plain has a unit contribution margin of $86 and takes two machine hours to make and Fancy has a unit contribution margin of $111 and takes three machine hours to make.
There are 2400 machine hours available to manufacture a product.
Profit per machine hour for Plain
= 
= $43
Profit per machine hour for Fancy
= 
= $37
The difference in profit
= $43 - $37
= $6
Plain makes $6 more profit per machine hour than Fancy.