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AnnyKZ [126]
3 years ago
12

Ralph, a director at ZincX Inc., has been sued by the company's shareholders for making a poor financial decision that cost the

company millions of dollars. Ralph can claim protection under the business judgment rule only if he had a vested financial self-interest in the financial decision under dispute. True or False?
Business
1 answer:
lara [203]3 years ago
8 0

Answer:

False

Explanation:

In order for an executive to claim protection under the business judgment rule they must prove that their decisions were rational and made in good faith. Business executives and the board of directors are responsible for making decisions and some will good and others may be bad, but they have to make those decision without fear of prosecution.

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Elson co, needs to raise debt and for this purpose issued two different bonds, Bond A and Bond B. Both bonds have 20 years to ma
slega [8]

Answer:

The right solution is "$20.733.16".

Explanation:

According to the question,

Face value,

= $20000

Rate (r),

= .035

Bond A:

= \frac{Face \ value}{(1+r)^n}

= \frac{20000}{(1+.035)^{40}}

= 5051.45 ($)

Bond B:

= \frac{1100\times 12.0941}{(1+.035)^{10}} + \frac{1400\times 10.9205}{(1+.035)^{26}} + \frac{20000}{(1+.035)^{40}}

= 9431.11+6250.6+5051.45

= 20733.16 ($)

5 0
3 years ago
The Petit Chef Co. has 11.6 percent coupon bonds on the market with ten years left to maturity. The bonds make annual payments a
olchik [2.2K]

Answer:

14.5

Explanation:

6 0
3 years ago
what are some things that allow people to communicate without having to be in the same area (economics)
uranmaximum [27]

Explanation:

Science has made huge progress in every field. If we talk about the ways of communication between people who are not in the same area, it was considered insane few years back; but now this is a reality that people who are not at the same place can communicate with each other just like they are sitting in front of each other.

There are different methods or ways through which people who are not at the same place can communication easily.

The most simplest and conventional method is the use of Telephone. But now, with the progress in Technology and with the use of Internet, there are a lot of communication devices that uses different apps to talk to each other. They are used to talk either through the audio or with the Video as well. Using your mobile phone, or laptops, or other communication gadgets, you can even see the other person while talking to him. So Telephones, Telegraphs, Internet, Cell phones, etc are used to communication without having to be in the same area.

3 0
3 years ago
Most economists prefer _____ as the best indicator of current economic performance.
balu736 [363]
Most economists prefer real GDP growth as the best indicator of current economic performance. Real GDP is the gross domestic product in constant dollars. In other words, it is a nation's total output of goods and services, adjusted for price changes. The real GDP allows economists to make useful comparisons of a nation's output and services by eliminating the effect of price changes. It is also known as inflation-corrected GDP and constant-price GDP.
6 0
3 years ago
Read 2 more answers
The following sentence has a mistake.
vaieri [72.5K]

The correct answer is  B. Place the cursor after the first "t" in "important" and press Delete

Explanation:

The sentence "It is very importtant to proofread all documents carefully" has a spelling mistake; this means one of the words in the sentence is not written correctly. This word is "importtant" because according to language conventions this word is written as "important"; therefore the first "t" should be deleted. Besides this, other words are written correctly and the general sentence is grammatically correct. Thus, to correct the sentence "place the cursor after the first "t" in "important" and press Delete.

4 0
3 years ago
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