Answer:
conflict of loyalty
Explanation:
In simple words, conflict of loyalty refers to a specific type of situation in which an individual faces a conflict of interest due to having loyalty towards two different parties which have different goals and objectives.
This scenario usually happens when someone in authority has to make a decision that can affect party he or she have personal relation or with the other party with with which that individual have a professional relation.
As per the modern theories, under such scenarios, individual in authority should favor professional relations over personal relations.
Answer:
$105.60
Explanation:
Given: Total dividend paid= $1100000.
Retained earning= $3300000.
Number of outstanding shares= 725000.
PE ratio= 17.4 times.
First finding earning per share.
Formula; 
⇒ 
⇒ 
∴ 
Hence, earning per share (EPS)= $6.07.
Now, finding the appropriate stock price.
Price of stock= 
⇒ Price of stock= 
∴ Price of stock= 
Hence, $105.60 would be the appropriate price of stock.
Answer: General Motors (GM)
Explanation:
The beta is a measure of the Systematic risk that a security holds. The higher the beta, the more Systematic risk the security has. Market Beta is 1 so anything above 1 is considered to have more Systematic risk than the Market.
General Motors here has a higher beta than Exxon Mobil so has more Systematic risk than Exxon.
They arise because goods can sometimes be found only in certain parts of the world. A famous example of this was historically silk which was only found in China and everyone had to pay what the Chinese manufacturers said. It was good for Chinese economy because their merchants and silk manufacturers were rich, and in return the consumers were satisfied because they had the original high quality silk coming straight from China which ensured quality.
Answer:
Explanation:
Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in a smooth manner.
There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.
The preparation of the bank reconciliation statement on July 31, 2017, for Sun-land company is presented in the spreadsheet. Kindly find the attachment below:
