Answer:
1. Price ceiling, Binding
2. Price ceiling, Binding
3. Price floor, binding
Explanation:
Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.
Price floor is a government or group limit on how low a product, commodity or service can be charged.
Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.
This assertion is accurate. A cash dividend or other cash payment to investors is approved by the board of directors.
<h3>Is the board of directors involved in the decision to distribute dividends?</h3>
Before a cash dividend is announced and later delivered to shareholders, a company's board of directors must determine whether to pay one and how much. The Board shall determine the amount of cash to be delivered to the Shareholders, both individually and collectively.
<h3>Dividends have been announced by the board of directors.</h3>
A company's interim dividend is the sum that the board of directors declares between two annual general meetings. Interim dividend is included in the definition of dividend under Section 2(35) of the Companies Act. It is at the board of directors' discretion to declare an interim dividend.
Learn more about interim dividend: brainly.com/question/28523087
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Answer:
a. By evaluating cash flows.
Explanation:
In Economics, an asset can be defined as any resources of economic value or items of monetary value that is being owned by an individual, country or business organization to generate income and derive benefits from.
Generally, assets can be classified broadly into four (4) categories and these are; capital assets, fixed assets, intangible assets, and financial assets.
Financial managers tend to value all assets in the same terms by evaluating cash flows.
Cash flow can be defined as the net amount of cash and cash-equivalents that is flowing into (received) and out (given) of a business. There are three (3) main components of the cash flow; investing, operating and financing.
Answer:
The correct answer is letter "E": all final goods and services produced within a country's borders in a year minus capital consumption allowance.
Explanation:
Net Domestic Product (NDP) is calculated by subtracting depreciation from the Gross Domestic Product (GDP). In other words, NDP measures a country's domestic production during a period minus Capital Consumption Allowance (CCA). When the NDP increases indicate the economy of a country is safe but if it decreases it implies the economy is failing.
<u>Solution and Explanation:</u>
The data of SAG of special order is given below:
Cost per unit = $3.50
, Allocated fix cost = $1.50
, Number of units in order = 15000
<u>Calculated the total cost of the special order as follows:
</u>
Incremental cost per unit = Cost per unit-Allocated fix cost =$(3.50 minus 1.50) =$2
Incremental cost per unit=cost per unit-allocated fix cost =$(3.50 minus1.50) =$2
Total incremental cost 15000 unit = number of units in order x Incremental cost per unit =15000 multiply $2 =$30000
Therefore, total cost of the special order is $30000
b) Offering price by ETU = $35000. Hence, the offer made by ETU would affect the short term of the special order.
Contribution cost = $(35000 minus 30000) =$5000
