Answer:
The correct answer is C: Bonus= $24000
Explanation:
The terms of a partnership agreement provide that one of the partners is to receive a salary allowance of $30,000, plus a bonus of 20 percent of income after deduction of the salary allowance.
The formula to calculate the bonus is:
Bonus=0,20*(Income-salary)
If income is $150000
Bonus= 0,20*(150000-30000)=$24000
Answer:
a. a majority of both shareholders and directors must approve.
Explanation:
Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy
- The Board of directors first have to propose a resolution regarding disposition which has to be approved
- Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
- Such approval must be obtained by majority of the votes cast in it's favor.
In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.
Answer:
The rate of return is 7.20%
Explanation:
a) Assuming you purchased the bond for $880, in order to calculate the rate of return you earn if you held the bond for 25 years until it matured with a value $5,000 we would have to calculate the following formula:
Rate of Return = [FV/PV]1/n - 1
Rate of Return= [$5,000 / $880]1/25 - 1 = [5.6818]0.04 - 1 = 1.0720 - 1 = 0.0720, or 7.20%
Rate of Return= [5.6818]0.04 - 1
Rate of Return= 1.0720 - 1
Rate of Return=0.0720, or 7.20%
The rate of return is 7.20%
<h2>Question:</h2>
Q1. This organizational structure violates the unity of command principles because of dual reporting relationship.
Q2. It is a collection of independent, mostly single function enterprises that collaborate on a good or service.
<h2>Answer:</h2>
- <u>C</u><u>.</u><u> </u><u>Matrix</u><u> </u><u>Organization</u><u> </u>
- <u>A</u><u>.</u><u> </u><u>Divisional</u><u> </u><u>Organization</u><u> </u>
<h2>
Explanation:</h2>
That's my opinion and I hope it helps ^_^
<h2><u>#CARRYONLEARNING</u><u> </u></h2><h2><u>#STUDYWELL</u><u> </u></h2>
