1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrac [35]
3 years ago
9

Assume that you are a member of the hershey trust board. to whom (or what) do you owe your fiduciary responsibility? how does th

e legacy of milton s. hershey affect your thinking as a member of the board?
Business
2 answers:
saw5 [17]3 years ago
8 0
The member of the trust board would owe his/her fiduciary responsibility to the community of Hershey.

Milton S. Hershey was the creator of the company, hence the very reason you would be in this position right now. As such, the legacy of Mr. Hershey would affect your thinking such that you act in the best interests of the company to allow it to grow further and larger, as this is what its founder would have wanted.
Alecsey [184]3 years ago
3 0
<span>If I was a member of the Hershey Trust board I would owe my fiduciary responsibility to the community. I would act on the premise that benefits the public because that is what would honor Milton Hersheys legacy the best.</span>
You might be interested in
Exercise 4-8 (part level submission) plevin company ended its fiscal year on july 31, 2017. the company’s adjusted trial balance
Lostsunrise [7]

            Service Revenue.................................65000

            Rent Revenue..........................................6000

              To Income Summary.....................................................71000


             Income Summary..........................78900

                  To Depreciation Expense..............................................7000

                  To Salaries Expense.......................................................56400

                   To Utilitites Expense.........................................................15500

Retained Earnings.....................................................................7900

      To Income Summary...............................................................................7900

6 0
3 years ago
Read 2 more answers
Abner tells a representative of Brass &amp; Woodwind Musical Instruments, Inc., that he will pay for Claudia’s trumpet if she do
coldgirl [10]

Answer:

The correct option is B,​only if it is in writing.

Explanation:

Such promise is not enforceable since one of key elements of enforceable agreement(contract) is missing.

The missing element is that Abner is not getting anything of value in return for the promise to pay for Claudia's trumpet.

The only way to get Abner to fulfill the promise in law parlance is get the promise documented as well as signed by Abner,that can be used as an evidence against Abner in future in order to ensure the promise is fulfilled.

3 0
3 years ago
Read 2 more answers
If the marginal propensity to consume is equal to 0.85, then a $500 increase in disposable income leads to a:
AlekseyPX

The question is incomplete. The complete question is stated below.

If the marginal propensity to consume is equal to 0.85, then a $500 increase in disposable income leads to a:

a. $400 increase in consumption spending

b. $75 increase in consumption spending

c. $425 increase in personal saving

d. $75 increase in personal saving

Answer:

If a $500 increase causes an increase of $425 in consumer spending, the rest of $75 is the increase in personal saving. Thus, option D is the correct answer.

Explanation:

The marginal propensity to consume or MPC is the percentage of the additional income that will be used for consumption spending. It is a concept that is used to calculate how much of an increase in income will be used in consumption and saving. The formula to calculate MPC is,

MPC = Change in consumer spending / Change in income

0.85 = Change in consumer spending / 500

500 * 0.85 = Change in consumer spending

Change in consumer spending = $425

If a $500 increase causes an increase of $425 in consumer spending, the rest of $75 is the increase in personal saving.

8 0
2 years ago
Please write the answer in the same blank format I provided
stepladder [879]

The preparation of the Trial Balance of Ceco Co. from the ledger accounts as of June 20, 2020, is as follows:

Ceco Co.

<h3>Trial Balance</h3>

As of June 30, 2020

Accounts                                      Debit            Credit

Cash                                      $5,000.00

A/R - R. Tamo                          3,500.00

A/R - G. Slaught                        1,124.00

A/R - P. Onno                            850.00

Supplies                                  1,585.00

Automobile                         22,800.00

Equipment                          25,350.00

A/P - Batt Inc.                                                 $785.00

A/P - Parker Products                                   1,000.00

A/P - Nishi Co.                                               1,200.00

Bank Loan                                                  25,000.00

C. Hernandez, Capital                               32,224.00

Totals                              $60,209.00    $60,209.00

<h3>What is a trial balance?</h3>

A trial balance is a list of the ledger accounts balances at a particular date of the financial period.

The trial balance helps to show if accounts have been correctly recorded according to the double-entry system.

Thus, the above trial balance shows the ledger accounts balances of Ceco Co as of June 30, 2020.

Learn more about preparing the trial balance at brainly.com/question/13669511

#SPJ1

8 0
1 year ago
Three different areas of life of VLOOKUP
Nadya [2.5K]

Answer and Explanation:

The three different areas fo VLOOKup is as follows

1. The Primary key which is used for matching up your data for example, employee id, employee address etc

2. The list of lookup that represents the database i.e employees list who are working in an organization

3. the data which is required to match it or shifting the data

6 0
3 years ago
Other questions:
  • Steve has decided to purchase a sponsorship package with the local baseball team because heis good friends with the marketing di
    9·1 answer
  • According to google shopping policies, what would cause the disapproval of individual items or an entire merchant center account
    14·1 answer
  • List and briefly explain five activities for which a purchasing department normally has responsibility.
    12·1 answer
  • Dota inc stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return and a 25% chance producing a 1
    8·1 answer
  • Which of the following is not an important question for economic policy raised by the experience of the textile industry? A. How
    9·1 answer
  • Efficiency means everyone in the economy should receive an equal share of the goods and services produced.
    15·1 answer
  • The manager of a $600,000 aggressive stock portfolio wishes to hedge with OEX 600 Put contracts. The portfolio has a beta of 2.
    5·1 answer
  • Define the term Agriculture​
    8·2 answers
  • You are at a trading card convention, and observe that for a certain card, a dealer is willing to buy the card for $100, and sel
    5·1 answer
  • Consider the production department of a manufacturer of laptop computers. Classify the cost of the factory maintenance manager's
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!