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2 years ago

Justin signed a finance agreement for his rent purchase what is the total amount he will pay back under this agreement?

Business

2 answers:

Dovator [93]2 years ago

4 0

Answer:

3072 is correct for this i just did it on APEX

Explanation:

Svet_ta [14]2 years ago

3 0

Answer:

3072

Explanation:

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Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,

Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

X = minimum number of shares that must be owned = ?
S = total outstanding shares = 10,000,000
N = number of directors we want to elect = 1
D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0

3 years ago

While working at a busy law firm, Bruce is using Skype to meet with a client in another state. Although Bruce is trying to conce

Neporo4naja [7]

Answer:

Information overload

Explanation:

Information overload can be described as a type of difficulty experienced by individuals in some situations, it is as a result of too much information present at a particular time, this makes it hard for the individual to carry out the right decision.

As individuals we come across a lot of information daily, but our brains can only process such information one at a time, if we attempt to process more data it may lead to the overstressing of the brain capacity which may eventually cause information overload.

6 0

2 years ago

You want to respond to it, and also to show ben your response. but you don't want jenny to see that you've sent it to ben

galina1969 [7]

OHHHHHHHHH BLEEEEEEEEEP, fight them

6 0

3 years ago

Ann Company borrowed $240,000 to buy an equipment on January 1, 2019, and signed a 7% instalment note requiring annual equal pay

gogolik [260]

Answer:

$2,000

Explanation:

Payment include repayment of Capital Amount and Payment of Interest expense

Therefore the balance in the Instalment Note Payable account after making the first annual payment is

7 0

2 years ago

On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following informati

riadik2000 [5.3K]

Answer:

estimated inventory on July 8 = $280000

so correct option is d. $280,000

Explanation:

given data

sale = $700,000

Inventory = $130,000

Purchase = $640,000

to find out

estimated inventory on July 8

solution

first we get here total available inventory for sales that is

Total Available inventory for sales = Inventory + Purchase ...........1

put here value

Total Available inventory for sales = $130,000 + $640,000

Total Available inventory for sales = $770,000

so now we get Inventory sols that is

Inventory = (Sales - 30% of sales) ....................2

Inventory = $700000 - ( 0.30 × $700000 )

Inventory = $490,000

so now we get here estimated inventory on July 8 that is express as

estimated inventory = Total Available inventory for sales - Inventory .........3

estimated inventory = $770,000 - $490,000

estimated inventory = $280000

so correct option is d. $280,000

7 0

3 years ago