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KATRIN_1 [288]
3 years ago
11

Which of the following is not a legal restriction related to profit distributions by a corporation?

Business
1 answer:
Mamont248 [21]3 years ago
8 0

Answer:

b. The amount distributed in any one year can never exceed the net income reported for that year.

Explanation:

If the companys had 100,000 net income per year during 10 year

His retained earnings amount will be 1,000,000

Then, suppose next year income is also 100,000

The company is not doing anything wrong if it distribute dividends for 400,000 as their retained earnings can afford this dividends

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A news release for a diet product company reports: There's good news for the 65 million Americans currently on a diet. Its study
dexar [7]

Answer:

C. biased, understating the effectiveness of the diet.

Explanation:

As the company promises the population of America which is too huge, just on the study based on 20 employees of the company itself.

This clearly means that the company is trying to sell the product with false reports as the sample size of study is to small to represent entire American Population.

Further that too the employees could be influenced to get the false results.

As since the employees could be influenced and that the results can be altered accordingly, the report is biased, and is misleading.

6 0
3 years ago
When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sol
Ghella [55]

Answer:

Inelastic

Explanation:

When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be inelastic

1. Change in price = 2.75-1.5 / (1.5+2.75)/2 = 1.25/2.125 = 0.59

2. Change in quantity demanded = 375-250 / (375+250)/2 = 125/ 312.5 = 0.4

3. Price Elasticity = 0.4/0.59 = 0.68

4. When the value of elasticity is less than 1, it suggests that the demand is insensitive to price and is inelastic

7 0
3 years ago
Which of the following is NOT a characteristics of good application?
slavikrds [6]

Answer:

C. completed quickly

Explanation:

8 0
3 years ago
Read 2 more answers
The fixed cost of conducting the four promotions is estimated to be 18000 dollars with a variable cost of 3.75 dollars per custo
mote1985 [20]

Answer:please refer to the explanation section

Explanation:

The Question is incomplete. the question requires us to calculate minimum number of customers required to cover costs of promotions, to calculate the minimum number of customers required we need a price per customer. let us assume the price $6

Variable costs  = $3.75

Fixed costs = $18000

Minimum Customers Required = Fixed costs/(Price - Variable cost)

Minimum Customers Required = 18000/6 - 3.75 = 8000

8000 customers are required

4 0
3 years ago
Daniel, Steven, and Chris work as engineers in Connecticut. The demand for engineers starts to decline as their company’s profit
EleoNora [17]

Answer:

cyclically unemployed

Explanation:

The cyclically unemployed refers to the situation when the economy is in recession period that directly impacts the profits of the company

In the given situation, since Daniel, Steven, and Chris work as engineers in Connecticut. Due to the recession, the company profit is declining that results in a decrease in the demand of the engineers.

Therefore this situation represents the cyclically unemployed

7 0
3 years ago
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