Answer:
B) False
Explanation:
As the decisions in the AGM is made on voting of the stockholders. Sharon has controlling interest in ABC Inc. because he has the more than 50% of the share holding in ABC Inc. Sharon can Terminate the election because he has the majority of voting rights and on the other hand the Jason has 5% interest and voting rights of the company which is even not enough to create a significant influence over ABC Inc. The decision of Sharon will be considered as final.
Answer:
$122.87
Explanation
Final balance = initial balance + deposits + interest - Withdrawals
Therefore,
Given that
Initial balance = 122.00
Deposit = 68.52 + 46.35 = 114.87
Interest = 1.50
Withdrawals = 95.00 + 20.50 = 115.50
Thus,
Final balance = 122.00 + 114.87 + 1.50 - 115.50
= 238.37 - 115.50
= 122.87
Final balance = $122.87
Answer: In preparing a company's statement of cash flows for the most recent year, Ransom Corp. reported the following information: Repayment of outstanding bonds $107,000 Purchase of treasury stock $62,000 Issuance of common stock $46,000 Payment of cash dividends $15,000 Net cash flows from financing activities for the year were <u>$138,000.</u>
Explanation:
Repayment of outstanding bonds ($107,000)
Purchase of treasury stock (62,000)
Issuance of common stock 46,000
Payment of cash dividend (15,000)
Net cash used by financing activities = $107,000 plus $62000 minus $46,000 plus $15,000 equals $138,000.
Answer:
D. Legal and administrative fees to operate the bankrupt firm
Explanation:
Under chapter 7, priority debt includes unpaid wages, child support, income taxes, etc. But before any priority debts, non-priority debts or secured or unsecured loans are paid, the bankruptcy court and trustee is paid first. In other words, you must first pay the administrative fees and expenses resulting from the bankruptcy procedure before any debts are paid off. The trustee is the person appointed to liquidate the firm.
Jurisdiction of agency's government: reserve system is primarily responsible for supervising financial institutions and sending bank examiners.
<h3 /><h3>What are the
different types of jurisdiction?</h3>
some of the type of Jurisdiction are given below-
- Subject-Matter Jurisdiction.
- Territorial Jurisdiction.
- General and Limited Jurisdiction.
- Exclusive / Concurrent Jurisdiction.
Thus, it is Jurisdiction of agency's government:
For more details about different types of jurisdiction, click here:
brainly.com/question/15345352
#SPJ1
