You have to divide the 38 months into the $1,320 r<span>eceived tax free.
</span><span>Solution:
$1,320 divided by 38 months = $34.7368 per month
</span><span>$34.74 times 12 = $416.84
</span>$17,500 minus $417= $17,083
The answer to this question is <span>By electing a board of directors
</span><span>Board of directors will have a certain amount of voting rights based on their total ownership in that company.
This voting right often used in electing top level management such as CEO or CFO. So, if you have the majority votes in the board of directors, you could technically control the upper management in that company.</span>
Answer:
Variable cost per unit = $4.60
Explanation:
To calculate the element of variable cost in a mix cost using high-low method, we need to take the cost of the highest activity level and subtract the cost of the lowest activity level from it and divide the answer by the difference between the highest and the lowest activity levels.
<u>High-low method</u>
- Variable cost per unit = (Highest Activity Cost - Lowest Activity Cost) / (Highest Activity Units - Lowest Activity Units)
- Variable cost per unit = (66436 - 60226) / (2660 - 1310) = $4.60 per unit
Answer: Option B
Explanation: In simple words, inadequate disclosures refers to the situation when a company fails to make accurate or enough discloses in a statement as required by various laws and regulations.
The disclosure can be done through any medium such as media or in the yearly statement but if it does not contain proper information that it will be considered as an offence and suitable actions could be taken.
