Answer:
Fiduciary , Long term interest ,intermediary legal
Explanation:
As mentioned , definition of the board of directors can be summarized in their duties of fiduciary , long term interest of shareholders and legal intermediary between the share holders and the management.
The fiduciary duties requires the board of directors to act in the best interest of the organization and the shareholders. This demands his maximum loyalty and care. Moreover , the board of directors , even though it is a formal entity , but it has a legal status as an intermediary between the shareholders and the management
Answer:
Where is the ad i am so confused
Explanation:
Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
On August 4
Account Receivable $610
To Sales Revenue $610
(Being the goods sold on credit basis is recorded)
On August 7
Sales Return and Allowances $60
To Accounts Receivable $60
(Being the sales allowance is recorded)
On August 12
Sales Discount $11
Cash $539
To Accounts Receivable $550
(Being the amount paid is recorded after considering the 2% discount
Answer:
Firms after tax of debt is 6.87%
Explanation:
Firm's after-tax cost of debt is calculated using the RATE function as follow:-
=RATE(nper,pmt,pv,fv)*(1-tax rate)
=(RATE(20*2,40,-894.87,1000)*2)*(1-25%)
=6.87%
I would first see what they know and how much they know in order to see what to change and or improve. (the people who are accountants). Second i would make the changes that would benefit me as well as followers who would also benefit me so that way i will stay in power. Then the rest is up to you to see how long you can rule by making the right decisions with money.