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IgorLugansk [536]
2 years ago
10

If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this

type of policy protect the policyholder?
Business
1 answer:
cupoosta [38]2 years ago
7 0

James backed into a vehicle in the grocery store parking lot and caused $2000 in damages to his own car and $3000 in damages to the other vehicle.
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When a corporation has both common stock and preferred stock outstanding:
fredd [130]

Answer:

D. dividends on preferred stock must be paid before dividends on common stock can be paid.

Explanation:

While distributing the dividend to the shareholders we give the first preference to the preference shareholder then the remaining dividend is distributed to the equity shareholders.  

As the distribution of dividend is not compulsory but whenever the company earns a profit during a particular year it will distribute the dividend according to their investment amount

Hence, d option is right

7 0
2 years ago
Carl sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. both ha
Ganezh [65]

B.calculate the simple discount note proceeds. simple discount note proceeds

3 0
2 years ago
Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally,
RSB [31]

Answer:

B. Joint venture

On a Joint venture, Axiom will have partner which share the risk and cost of the project.

Also this partners can be local companies with knowledge ofthe Chinese market.

Axiom will have limited liability until his contribution.

It will generate new jobs in the country and include local business persons, this will be politically acceptable

This option has everything Axiom is looking for.

Explanation:

<em>A.- if Axiom uses a subsidiary</em> it will not have access to local knowledge. Also it will be the same entity, so it won't be sharing the cost.

It won't be what the company need

<em>C.- if exporting</em> it will not be expanding inside the country. Also it will not provide local knowledge or share the cost with a third party. The goverment may create additional tariff or market cuota or any other barrier to protect national companies.

It won't be what the company need

<em>E.- Licensing: </em>will be selling the brand name or product to a third party. It will not be part of the revenue stream entirely. A third party with knowledge of the market will exploit the benefit.

<em>D. Greenfield investments: </em>The company will establishes operations on the country. It will have a high cost, but will get the goverment approval for the jobs created in China. However it will be Axiom who takes the cost and risk for the entire investment.

These two are partially suitable, but with some backwards

6 0
3 years ago
The following are the current? month's balances for ABC Financial? Services, Inc. before preparing the trial balance. Accounts P
ale4655 [162]

Answer:

B. $ 23 comma 000 $23,000

Explanation:

Following equation to calculate the common stock Value

Total Debit = Total Credit

40,500 = $17,500 + Common stock value

Common stock value = $40,500 - $17,500 = $23,000

<u>Accounts with Credit balances</u>

Accounts Payable       $7,000

Revenue                      $6,000

Common Stock              ?

Notes Payable              $4,500

Total Debit balances                    $17,500

<u>Accounts with Debit balances</u>

Cash                             $3,000

Expenses                     $16,500

Furniture                      $10,000

Accounts Receivable  <u>$11,000</u>

Total Debit balances                      40,500

6 0
3 years ago
Managers use leadership to _____ members of an organization by inspiring and motivating them to achieve the organization’s goals
Nuetrik [128]

Answer:

Influence.

Explanation:

One of the most important thing for an organization is their workforce or employees.An organization is known by it's employees.So it is necessary to keep the employees happy,and motivated so that they can achieve organization's goals.

Managers have these leadership qualities so that they can influence the members of the organization by motivating and inspiring them.

3 0
3 years ago
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