Answer:
a. Raw material discounts
b. Reduction of unit cost
c. Specialists
d. Better production methods
Explanation:
a. Corporations have various advantages over small businesses. Because they buy raw materials in bulk they are able to negotiate volume discount. This gives them more advantage over the small business who cannot buy in bulk.
b. A fall out from the above is reduction of unit cost or average cost, when discount is received it reduces the total cost of material and by implication the unit cost.
c. Because of their size and financial strength, corporation is able to attract qualified employees as opposed to small businesses that are limited by their financial position.
d. Corporations because of their financial strength are able to finance research with view to discovering a better production methods. This may be impossible to small businesses.
Answer:
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Explanation:
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Answer:
PV= $1,521,531.53
Explanation:
Giving the following information:
Future value= $1,700,000
Number of periods= 1 year
Interest rate= 11%
<u>To calculate the initial value of the loan, we need to use the following formula:</u>
PV= FV/(1+i)^n
FV= future value
n= number of periods
i= interest rate
PV= present value
PV= 1,700,000/1.11
PV= $1,521,531.53
Answer:
Please find the detailed answer below
Explanation:
1. False. Shareholders dont approve operational or tactical corporate decision. Some of the decisions that shareholders approve are:
Appointment of auditors (if there are any)
Appointment or re-appointment of directors.
Removal of a director or the auditor etc.
2. Companies must notify shareholders at least 10 days before the Annual General Meeting date.
3. This is known as proxy solicits
4. A QUORUM must be present, either in person or through proxies
5. Only persons whose names appear on the company's stockholder records as owners are entitled to vote
