Financially responsible means to be prepared for something unexpectedly like u didn’t know was coming up or was gonna happen and it mean you need be able to support yourself with any source of income.
<u>Answer: </u>This discuss would be best placed within the section of the prospectus known as the management section.
<u>Explanation:</u>
The management section in the prospectus has the information regarding the management team biography and the key people in the company. The board's role in risk oversight is through developing policies to build strategies that are consistent with risk ability of the X Company.
Enterprise risk management is a strategy that helps is preventing the company from any hazards. ERM has its effect on the operations of the company so the Board plays a major role in managing ERM.
Answer:
11.97%
Explanation:
Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.
Total assets = Net fixed assets + Current assets
= $544 + $300
= $844
Common size statement value of inventory = Inventory ÷ Total assets
= $101 ÷ $844
= 0.1197
= 11.97%
Answer:
option (b) $76,642
Explanation:
Data provided in the question:
Cash dividends declared = $83,126
Cash dividends payable at the beginning of the year = $9,151
Cash dividends payable at the end of the year = $15,635
Now,
Cash payment of dividends
= Cash dividends declared + Beginning cash dividends payable - Ending cash dividends payable
= $83,126 + $9,151 - $15,635
= $76,642
Hence,
the answer is option (b) $76,642
