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3 years ago

What is the role of shareholders in a corporation ?

Business

1 answer:

Debora [2.8K]3 years ago

7 0

Shareholders invest money in a business.

Typically, a share holder owns such a small portion of a company (through a few shares of stock, for example) that they have no idea or say in the daily operations or hiring/firing decisions. A shareholder typically needs to own a "controlling share" or be on the board of directors to make those decisions.

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BabaBlast [244]

Answer:

Ask your question properly

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6 0

3 years ago

Sheffield Corp. estimates its sales at 150000 units in the first quarter and that sales will increase by 15000 units each quarte

Varvara68 [4.7K]

Answer:

183,750

Explanation:

Data provided in the question:

Sales in the first quarter = 150,000 units

Increase in sales each quarter = 15000 units

Ending inventory = 25% of the current sales units

Now,

Ending inventory of first quarter = 25% of Units produced in the first quarter

= 0.25 × 150,000

= 37,500

Units produced in the first quarter = Sales + Ending inventory of first quarter

= 150,000 + 37,500

= 187,500

Units to be produced in the second quarter

= Sales in second quarter - Ending inventory of first quarter + Ending inventory

= [ 150,000 + 15,000 ] - 37,500 + 25% of [ 150,000 + 15,000 ]

= 165,000 - 37,500 + 41,250

= 168,750

Units to be produced in the Third quarter

= Sales in third quarter - Ending inventory of second quarter + Ending inventory

= [ 150,000 + 15,000 + 15,000 ] - 41,250 + 25% of [ 150,000 + 15,000 + 15,000 ]

= 180000 - 41,250 + 45,000

= 183,750

4 0

3 years ago

Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000

dlinn [17]

Answer:

Total Cost of Work in Process

$57,854

Total cost of the units

d. $120,060

Total cost of beginning inventory

c. $62,206

Explanation:

Department G has 3,600 units which were 25% completed. The units completed during the period are 11,000.

3,600 * 25% = 900

Units completed 11,000

total units 11,900

Cost per unit is $10.08.

Total cost of units completed = 11,900 * 10.08 = $120,060.

4 0

3 years ago

A hospital reports the following cost and revenue data: Variable cost per inpatient day of $250 Revenue per inpatient day of $10

REY [17]

Answer:

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

Explanation:

The expected profit is calculated as follows:

Step 1

Total contribution per inpatient from 25,000 inpatients

contribution = (revenue - variable cost) per patient

= $(1000-250)

= $750 per inpatient day

Total contribution for 25,000 inpatient days

$750 × 25000 = $18,750,000.00

Step 2

Calculate Profit 

Profit = Total contribution - Fixed cost

=$18,750,000.00 -$15,000,000

= $3,750,000.00

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

4 0

3 years ago

A video-recording system was purchased 4 years ago at a cost of $37,000. A 5-year recovery period and DDB (Double Declining Bala

AysviL [449]

Answer:

The trade in value is higher than the book value by $ 205

Explanation:

Computation of Book value

In a double declining balance method of depreciation, the rate of depreciation is double the straight line rate and is depreciated on a declining balance.

Cost of Equipment $ 37,000

Estimated useful life ( Recovery Period) 5 years

Straight Line Depreciation rate 20 %

Double declining Method depreciation rate 40 %

Cost $ 37,000

Depreciation for year 1 at 40 % $(14,800)

Depreciable basis for year 2 $ 22,200

Depreciation for year 2 at40 % $ ( 8,880)

Depreciable basis for year 3 $ 13,320

Depreciation for year 3 at 40 % $ (5,328)

Depreciable basis for year 4 $ 7,992

Depreciation for year 4 at 40 % $ 3,197)

Depreciable basis for year 5 $ 4,795

The depreciable basis for year 5 is the net book value after 4 years

The trade value is $ 5,000

The trade in value is higher by $ 205

8 0

4 years ago