Answer: Option D
Explanation:
A. If the hostile takeover by outside investors is made easier it might result in
depletion of shareholders interest in the company.
B. Large cash salaries and low stock options will result in mangers being carefree about the position of company in the market,thus, resulting in depletion of shareholders interest in the company.
C. Covenants protect the shareholders from unethical or illegal decisions of the management. Thus covenants are necessary for healthy manager and shareholder relationship.
D. Eliminating minimum requirement by shareholders will result in more shares to the general shareholders and high voting rights on company decisions also.
E. Doing such act will get the managers more hold on the stock of the company resulting in conflict.
Answer:
If the fall in price of good Y causes demand for good X to fall as well, the goods Y and X are complementary.
Explanation:
Complementary goods are those goods that people tend to buy together, since, as the word implies, they fulfill complementary purposes.
An example of two complementary goods are BBQ Sauce and Meat.
Meat is often used to grill/roast, and it is accompanied with BBQ Sauce. If BBQ Sauce price goes down, it is likely that more of it will be bought as well as more meat. The opposite occurs if the price of either good goes up. Hence, both goods are complementary.
Answer:
Promissory estoppel
Explanation:
Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment
Answer:
total debt ratio = 0.3532
Explanation:
given data
total assets = $485,390
net fixed assets = $250,000
current liabilities = $23,456
long-term liabilities = $148,000
to find out
total debt ratio
solution
we get here total debt ratio that is express as
total debt ratio = ( current liabilities + long-term liabilities ) ÷ total assets ........1
put here value we get
total debt ratio =
total debt ratio = 0.3532