1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksano4ka [1.4K]
3 years ago
11

Galen and Leslie are directors, but not officers, of Tropical Travels, Inc. Tropical Travels becomes embroiled in a controversy

over airline kickbacks. As directors, Galen and Leslie can be named in any lawsuit that may result from the company's actions. Because of their right of: a. indemnification, the company may reimburse them for legal fees and judgments. b. compensation, they have been adequately paid in the event that they require legal representation. c. inspection, they have access to all the company documents that are necessary for the legal proceedings.
Business
2 answers:
OverLord2011 [107]3 years ago
7 0

Answer:

a. indemnification, the company may reimburse them for legal fees and judgments

Explanation:

Galen and Leslie are representatives of the company and are held accountable for any action taken by the company.

In this case there was a lawsuit charged against the company and both will bear the brunt indirectly.However the company bears the brunt by providing enough support through indemnification.

LekaFEV [45]3 years ago
5 0

Answer:

A.indemnification, the company may reimburse them for legal fees and judgments.

You might be interested in
The CEO of a multinational company finds that profits are drastically decreasing. He realizes that employees need to be immediat
dangina [55]

The CEO should use videoconference. In general, one should deliver straightforward and routine communications through less rich media and challenging and unique messages through richer media.

<h3><u>What are the advantages of Media in Business?</u></h3>
  • Helps in getting more awareness about the business to the employees, clients and public.
  • Cheap way of communication
  • With the advent of social media, advertisements can be made easy and conveniently
  • People can compare different products
  • Firms can maintain coordination of its employees
  • Recruit new hire
  • To conduct market research and ask for reviews
  • It provides great exposure
  • It provides a powerful marketing platform for free
  • It facilitates online discussions and meeting via videoconferencing, voice calls, etc.
  • Helps to reach a larger audience and inform a common thing.

You can learn more about Multinational Corporations here:

brainly.com/question/9970957

#SPJ4

4 0
2 years ago
You are holding a stock that has a beta of 1.85 and is currently in equilibrium. The required return on the stock is 28.95%, and
Karo-lina-s [1.5K]

Answer: 41.90%

Explanation:

First calculate the risk free rate:

Required return = risk free rate + beta * (Market return - risk free rate)

28.95% = rf + 1.85 * (18% - rf)

28.95% = rf + 33.3% - 1.85rf

28.95% = -0.85rf + 33.3%

0.85rf = 33.3% - 28.95%

rf = 4.35%/0.85

rf = 5.12%

New required return;

Required return = risk free rate + beta * (Market return - risk free rate)

= 5.12% + 1.85 * (25% - 5.12%)

= 41.90%

3 0
3 years ago
A machine can be purchased for $202,000 and used for five years, yielding the following net incomes. In projecting net incomes,
FinnZ [79.3K]

Answer:

2.36 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

To derive cash flows from net income, depreciation expenses should be added to net income.

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2 / 5 = 0.4

Deprecation expense in year 1 = 0.4 x $202,000 = $80,800

Book value in year 2 = $202,000 - $80,800 = $121,200

Deprecation expense in year 2 = 0.4 x $121,200 = $48,480

Book value in year 3 = $121,200 - $48,480 = $72,720

Deprecation expense in year 3 = 0.4 x $72,720 = $29,088

Book value in year 4 = $72,720 - $29,088 = $43,632

Deprecation expense in year 4 = $43,632 x 0.4 = $17,452.80

Book value in year 5 = $43,632 x 0.4 - $17,452.80 = $26,179.20

Deprecation expense in year 5 = $26,179.20 x 0.4 = $10,471.68

Cash flow in year 1 = $18,000 +  $80,800 = $98,800

Cash flow in year 2 = $25,000 + $48,480 = $73,480

Cash flow in year 3 = $53,000  + $29,088 = $82,088

Cash flow in year 4 = $58,000  + $17,452.80 = $75,452.80

Cash flow in year 5 = $108,000 + $10,471.68 = $118,471.68

Please check the attached image for how the payback period was calculated

3 0
3 years ago
Read 2 more answers
Say's law says that
Nutka1998 [239]

Answer:

The answer is : People consume the goods  they produce

Explanation:

Say's law could also be refereed to as  Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.

3 0
3 years ago
If person A and B are well informed and intelligent player, A have available choices :
AfilCa [17]
Idisksjsisisiisisososk sjsjskdjdjjsjssjbsjsjsjs sjsu’s
5 0
3 years ago
Other questions:
  • 9 The HR planning at the National Level is generally done by __________.
    9·1 answer
  • How is the work in process inventory account related to the finished goods inventory account?
    7·1 answer
  • You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you
    12·2 answers
  • Kela Corporation reports a net income of $450,000 that includes a depreciation expense of $70,000. Also, cash of $50,000 was bor
    12·1 answer
  • Consider the following case: Andre is an amateur investor who holds a small portfolio consisting of only four stocks. The stock
    10·1 answer
  • Paradise Realty Co. pays weekly salaries of $45,500 on Friday for a five-day workweek ending on that day. a. Journalize the nece
    5·1 answer
  • Which of the following is defined as an unplanned event that results in damage to property? Hazard, injury, accident, violation
    10·1 answer
  • Suppose the price elasticity of demand is relatively elastic and the price elasticity of supply is relatively inelastic in a spe
    6·1 answer
  • A company engaging in social listening notices a sharp increase in volume of social media mentions of the company accompanied by
    5·1 answer
  • On November 1, 2021, Tim's Toys borrows $30,000,000 at 9% to finance the holiday sales season. The note is for a six-month term
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!