Answer:
wholly owned subsidiary
Explanation:
A wholly-owned subsidiary is a form of subsidiary arrangement, between two companies, whereby a company is completely owned or its whole stock is bought by another company often referred to as Parent Company after the arrangement or the agreement of the acquisition.
It is also characterized by having control over its resources and specific mission, also operates independently.
Hence, in this case, the right answer is a wholly owned subsidiary
Answer: Option A
Explanation: Certified Public Accountant is an American Institute of Certified Public Accountants (AICPA) qualification for suitability in the accounting profession. The roles include financial analysis, accounting and reporting, accounting for assets, and management of treasury/cash.
Due to different rules and procedures in different states of America, the accountant must pass an examination and get license from the concerned authority if he or she wants to practice in the state as a signatory authority.
Signatory authority refers to the ability to verify audit reports of the company.
Answer:
Free cash flow will be equal to $18513000
Explanation:
We have given cash provided for operating activities = $155793000
Capital expenditure = $132280000
Dividend paid = $5000000
We have to find the free cash flow
We know that free cash flow is given by
Free cash flow = cash provided for operating activities - capital expenditure - dividend paid = $155793000-$132280000-$5000000 = $18513000
Answer:
Socially -responsible activities might be value-maximizing because there are green investors out there who want to be identified an environmentally-conscious firm.
Explanation:
Environmental footprints such as carbon impact are not taken for granted by investors as they perceive a company as being responsible and worthy of their investment if it cares about the environment and its impact of negative externalities on its host community.
In fact, some consumers even check out a product for signs of environmental consciousness on it before making purchase, such disposition also transcends to investment decisions as well.
Hence, such companies that are conscious have their shares being highly demanded, forcing share price to rise as well as the overall value of the entity.
Answer:
Charles is classified in the adopter category called "Latecomers"
Explanation:
Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.
Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.
