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3 years ago

11

In modern corporations—especially those in the United States and the United Kingdom—a primary objective of corporate governance

is to ensure that the interests of top-level managers are aligned with the interests of shareholders.
a.true
b.false

1 answer:

kicyunya [14]3 years ago

4 0

I believe it’s true .............

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ABC Corporation offered a four-for-one stock split. The number of outstanding shares before the split was 15,000, and the par va

svetoff [14.1K]

<u>Answer:</u> D. 60,000 shares at $5 per share

<u>Explanation:</u>

The company has 15,000 shares and offers to split the stock four-for-one. It means that the there will be four times the number of shares but the total value of the shares, before and after the split, would remain the same.

The total value of shares = $15,000 x 20 = $300,000

Since the stock split is 4-for-1, the number of shares would be = 15000 x 4

= 60,000 shares

Therefore the total value of shares divided by the number of shares will give us the par value of the shares:

300,000 / 60,000 = $5

8 0

3 years ago

Read 2 more answers

Moorcroft Company’s budgeted sales and direct materials purchases are as follows:

SashulF [63]

Answer:

Moorcroft Company

a) A Schedule of Expected Collections from Customers for June:

June Sales - 40% of $407,000 cash = $1,628,000

June Sales - 20% of 60% of $407,000 = $48,840

May Sales - 50% of 60% of $292,000 = $87,600

April Sales - 26% of 60% of $327,000 = $51,012

Total = $1,815,452

b) A Schedule of Expected Payments for Direct Materials for June:

June Purchases - 50% of $61,000 cash = $30,500

May Purchases - 40% of 50% of $51,000 = $10,200

April Purchases - 60% of 50% of $42,000 = $12,600

Total = $53,300

c- i)A Schedule of Expected Collections from Customers for June:

June Sales - 40% of $407,000 cash = $1,628,000

June Sales - 30% of 60% of $407,000 = $73,260

May Sales - 50% of 60% of $292,000 = $87,600

April Sales - 18% of 60% of $327,000 = $35,316

Total = $1,824,176

ii) These changes increased cash collections from $1,815,452 to $1,824,176, an increase of $8,724.00

iii) The uncollectible of credit sales was halved, reducing from $9,768 (4% of 60% of $407,000) to $4,884 (2% of 60% of $407,000) for June sales for example.

iv) It is certainly worth paying the collector $1,000 or more per month.

d-i) A Schedule of Expected Payments for Direct Materials for June:

June Purchases - 40% of $61,000 cash = $24,400

May Purchases - 40% of 60% of $51,000 = $12,240

April Purchases - 60% of 60% of $42,000 = $15,120

Total = $51,760

ii) The changes reduced the cash payments for June from $53,300 to $51,760, a difference of $1,540.

Explanation:

a) When sales are made on credit, the finances of the entity will be impacted. While credit sales encourage more sales, there is the risk of uncollectible debts and short-term funding crisis due to non-receipt of payment from customers.

b) To manage this, companies introduce some incentives to encourage early payment, like cash discount. They may also formalize the debt with a note receivable. The note can also be sold for immediate cash.

c) Employing a collector to pursue receivables may be in the best interest of a company. The collector intensifies pressure on the customers to pay.

3 0

4 years ago

What is the difference between marginal values and average values?

tester [92]

What is the difference between marginal values and average values? Marginal values show the additional benefit or cost from consuming an additional unit of a good, while average values are the benefit or cost per unit of a good. When finding the marginal value a marginal analysis is conducted to figure out at what value a person will receive another benefit from making another purchase or consumption of a good or service.

4 0

3 years ago

A manufacturing execution system (MES) provides information on job priorities using dispatching rules. supports managers in the

nordsb [41]

Answer:

has all of these features.

Explanation:

This can be said to be a computerized system that are been used as information connection which in many cases are used in monitoring, and controlling of complex system primary used in manufacturing system and also the flow of data in floors that manufacturing are been mostly done. That it is said that a manufacturing execution system posses all the above listed characteristics ranging from providing info for job priority using relevant rules to adjusting lead time to provide customers needs. They are also seen to compile certain bill of materials, resource management and scheduling, preparing work in rogress reports and tracking production lots.

7 0

3 years ago

The single milling machine at Stout Manufacturing was severely overloaded last year. The plant operates eight hours per day, fiv

NNADVOKAT [17]

Answer:

If we assumes we setup machine for product A x times, and B y times, the total hours required is 0.5*3000 + 0.8*2000+ 2*x + 8 *y = 3100+2x+8y. Notice that due to the capacity restriction x has to be no smaller than 150 hours (3000/20) and y has to be no smaller than 50 hours (2000/40). so total required hours must exceed 3100+2*150+8*50=3800. The management prefer a 15% capacity cushion, which means the total duration prepared for the processing should be at least 3800*(1+15%)=4370 hours.

If one machine operates eight hours per day, five days per week and 50 weeks a year, it operates 5*8*50 = 2000 hours in total.

That's why we need 2 more machines ( 3 machines in total since 4370 > 2*2000).

5 0

3 years ago