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Nana76 [90]
2 years ago
14

Jensen Shipping has 38,400 shares outstanding and uses cumulative voting. The firm grants one vote for each share of common stoc

k. What is the minimum number of votes required to obtain a seat on the board of directors if there are three open seats? Multiple Choice 12,800 9,600 12,801 9,601 19,201
Business
1 answer:
inessss [21]2 years ago
8 0

Answer:

The answer is 12,800

Explanation:

This is the answer because if you divide 38,400 by 3 you will get 12,800

38,400÷3=

12,800

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There are 20 owners for McJellies, Inc. None of those owners are personally financially liable for the company. What type of bus
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Answer:

- Corporation

Explanation:

At least two people are required to form a corporation. The owners of a corporation are treated as separate entities from the business. The owners, also known as shareholders, enjoy limited liabilities to the debts of the corporation. In case of a liquidation, they cannot lose more than their capital contribution.

A sole proprietorship is owned by one person, but a partnership requires at least two people to form. The owners of sole proprietorships and partnerships have unlimited liabilities to the debts of their businesses. Should the businesses fail in meeting their obligations, owners' personal assets can be used to settle the outstanding debts.

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2 years ago
Option 1
agasfer [191]

Answer:

option 2 sorry if wrong

6 0
3 years ago
Many organizations are concerned about the rising cost of employee benefits and question their value to the organization and to
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Answer:

Benefits that are of most prominent incentive to the employees and to the organization are as per the following:  

  • The employees are obligated to get benefits that are variable and are a piece of salary bundle. These can incorporate house lease remittance, travel recompense, training stipend and advancement of the worker youngster and so forth.  
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4 0
3 years ago
Chico Company paid $950,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the
kramer

Answer:

$171,000

Explanation:

The company psid $950,000 for office furniture, building and land

The market value of the assets is

Office furniture= $190,000

Building= $740,000

Land= $132,000

Therefore the cost that should be allocated to the office furniture can be calculated as follows

= 18/100 × 950,000

= 0.18×950,000

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6 0
3 years ago
Consider again the law that would require employers to provide the same package of nonwage benefits offered to full-time employe
emmainna [20.7K]

Answer:

The increase labor cost that differs with the hours worked, there is no effect on the quasi cost.

Explanation:s

Solution

In this example stated, the benefits will be given to the part time workers, but in the proportion or respect to the  number pf hours worked or input

Labor cost per hour will increase.

Furthermore, this cost is not is not on the basis of employment, but rather on the basis of hours worked, so the quasi fixed cost is not affected on the long run.

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3 years ago
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