Answer:
Incremental change in AFB would be $ 480,000
Explanation:
(a) Debt = $ 4,000,000
Interest on debt = 10%
Therefore, Interest outgo on debt = 10% of Debt
=10% of $4,000,000
=$ 400,000
(b) Dividend payable = $0.48 per share(given)
No of shares = 500,000 (given)
Therefore, Outgo on account of dividend = $ 0.48 /share * no of shares
=$0.48 * 500,000
=$240,000
(c) Given, that tax in second would be $160,000 lesser. i.e., outgo would actually be lesser to that extent
Therefore, incremental AFN = (a)+(b)-(c) = $ 400,000 + $ 240,000 - $160,000 = $480,000
Incremental change in AFB would be $480,000
Answer:
a) duty of oversight and loyalty.
Explanation:
Whenever an individual places trust on another individual to perform any task, the other individual shall perform the task properly and then shall investigate it properly, with all the good faith in mind.
As the other person has too much trust, he expects you to be loyal and carefully, access the roles defined and practice accordingly.
Duty of oversight and loyalty ensure the good faith behavior from the directors towards the organization in achieving its goals.
As it demands the directors to act carefully, as a leader and along with that all acts are to performed in good faith.
The type of business ownership that will best suit Maria is a Limited Liability Company (LLC).
A Limited Liability Company (LLC) is a type of business ownership model that combines the features of a corporation and a partnership or sole proprietorship.
It has the following features:
1. An LLC is a separate legal entity distinct from its members. It can do business in its own name.
2. Its major advantage is that the assets and liabilities of an LLC is distinct from the members’ personal assets and liabilities. So, members’ personal assets are protected.
3. An LLC only needs to file an informational return. The members of an LLC report their share of profit in their individual tax returns, so double taxation doesn’t exist.
4. An LLC only requires a formal filing of the Articles of Association as opposed to the range of filings for a full-fledged corporation. So, the paperwork and regulatory controls are less.
5. Members of an LLC can manage the company or delegate it to a separate management team. They may have official periodic meetings or not, according to their convenience.
Answer:
Devil's Advocacy
Explanation:
Devil's advocacy states that when an organization permits to an individual for criticizing the happenings in the firm at the time when the decision is relevant. The other person would be limited to access so this would increase the productivity and limits the group thinking
So here according to the given situation, Jim's allowance of Clara to display the proposal for criticism is called as the Devil's advocacy.