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Nana76 [90]
3 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]3 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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The following materials standards have been established for a particular product: Standard quantity per unit of output 4.6 grams
Aleksandr-060686 [28]

Answer:

15,351.00 unfavourable

Explanation:

<em>Material quantity variance occurs when the actual quantity used  to achieved a given level of output is more or less than the standard quantity.</em>

<em>It is determined by the difference between the actual  and standard quantity of material for the actual level of output multiplied by the the standard price</em>

                                                                                              gram

300 units should have used (300× 4.6)                             1380

but did used                                                                        <u>2,400</u>

                                                                                           1020

Standard price                                                                   ×<u> 15.05</u>

Material quantity variance                                         1<u>5,351.00</u> unfavourable

           

5 0
4 years ago
A relocation of a short stretch of rural highway feeding into Route 390 northwest of Dallas is to be made to accommodate new gro
jonny [76]

Answer:

Incremental B/C = 0.72

∴ 0.7, East should be constructed

Explanation:

See workings attached

8 0
3 years ago
Consider the following financial statement information for the Sourstone Corporation:
DENIUS [597]

Answer:

A. 56.32 days

B. 40.38 days

Explanation:

The Operating cycle is the Inventory period + AR period

Inventory period= 365/(Cost of goods sold/Average inventory)

Average inventory= (Beginning Inventory + Ending Inventory)/2

Accounts Receivable period= 365/(Credit Sales/Average Accounts Receivable )

Average Accounts Receivable= (Beginning Accounts Receivable + Ending Inventory Accounts Receivable)/2

Calculated Inventory period= 42.58 days

Calculated Accounts Receivable period= 13.74 days

The Cash cycle is also called the Net Operating cycle which is the Inventory period + Accounts Receivable period- Accounts Payable period

Accounts Payable period= 365/(Cost of goods sold/Average Accounts Payable)

Average Accounts Payable = (Beginning Accounts Payables + Ending Inventory Accounts Payable)/2

Calculated Accounts Payable period= 15.94 days

5 0
3 years ago
In January of 2015, the appropriate construction cost index had a value of $3,260. In January of 2005, the value was $1,746. In
Dennis_Churaev [7]

Answer:

11.63 million dollar

Explanation:

In 2005 the construction cost index was 1746 , in 2015 , it was 3260.

change in index in 10 years  = 3260-1746 = 1514

change in 5 years ( estimated ) = 757

Estimated index in 2010 = 1746 + 757

= 2503

Estimated index in 2020  = 3260 + 757

= 4017

Value of building in 2010 = 1746 million dollar

Value of similar building - X

X / 1746 = index in 2020 (probable ) / index in 2010

X / 7.25 = 4017 / 2503

X = 11.63 million dollar

8 0
3 years ago
A financial services firm routinely processes a large volume of account change requests. A Lean Six Sigma team wants to understa
Harrizon [31]

Answer:

E) 1920

Explanation:

The computation of  the maximum items in process is shown below:

=  Number of maximum target cycle time ×  normal processing rate per minute × number of minutes in one hour

= 16 hours × 2 × 60 minutes

= 1,920

Simple we multiply the all items which are given in the question, so that the accurate value can come i.e maximum target cycle time, normal processing rate per minute and the number of minutes in one hour

3 0
3 years ago
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