1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ludmilka [50]
3 years ago
11

One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairma

n, CEO, and other TMT members. a. True b. False
Business
1 answer:
Aleksandr-060686 [28]3 years ago
5 0

Answer:

TRUE

Explanation:

According to Mike Peng and his book "Global Business", these indicators help to identify problems such as: principal-principal conflicts (problems between controlling shareholders and minority shareholders), expropriation and tunneling ( when managers from the controlling family divert resources for personal use or family use).

You might be interested in
Consider the following information about an asset that is being review for impairment: Book value $ 700,000 Estimate future cash
erastovalidia [21]

Answer:

The amount of the impairment loss for this asset is <u>$110,000</u>

Explanation:

A assets is impaired when the fair market value of that assets lowers than the book value of the asset.

To calculate the impairment of an assets following formula is used

Impairent = Book value of Asset -  fair market value of the asset

Placing values in the formula

Impairent = $700,000 -  $590,000

Impairent = <u>$110,000</u>

3 0
3 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
CaHeK987 [17]

Answer:

The current price of the bond would be € 898.87

Explanation:

Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.

Price=\frac{Coupon((1+Yield)^{n}-1) }{Yield(1+Yield)^{n} } +\frac{FaceValue}{(1+Yield)^{n} }

Where:

Coupon = 1,000*0.078=78

Yield = 0.089 (or 8.9%)

Face Value= 1,000

n = 20 coupon payments

So, everything should look like this.

Price=\frac{78((1+0.089)^{20}-1) }{0.089(1+0.089)^{20} } +\frac{1,000}{(1+0.089)^{20} }

Price=717.13+181.74=898.87

Therefore, the price of this bond is € 898.87

Best of luck.

7 0
2 years ago
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
Veseljchak [2.6K]

Answer:

Proposal A: 5,455 units

Proposal B: 5,770 units

Explanation:

The break-even point is the number of units required for the revenue to equal the total costs.

For proposal A:

Fixed Costs = $60,000

Variable Costs = $13 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-13)*n-60,000 = 0\\n=5,454.5\ units

For proposal B:

Fixed Costs = $75,000

Variable Costs = $11 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units

Rounding up to the next whole unit, the break-even points for proposal A and B, respectively, are 5,455 and 5,770 units.

3 0
3 years ago
Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
2 years ago
Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 9,800
Kobotan [32]

Answer:

Total overhead= $137,210

Explanation:

<u>First, we need to deduct the depreciation expense from the fixed overhead. Depreciation is not a cash cost.</u>

<u></u>

Fixed overhead= 117,440 - 10,610= $106,830

<u>Now, the cash disbursement for total overhead:</u>

Variable overhead= 3.1*9,800= 30,380

Fixed overhead= 106,830

Total overhead= $137,210

5 0
2 years ago
Other questions:
  • Which detail is most likely to give consumers a false sense of security about using Edgozene?
    8·2 answers
  • Jack works at solar company and has just undergone a performance review. he feels that the process by which the ratings were ass
    14·1 answer
  • 13. The work day has just started and you receive reports that the inventory management server is not accessible on your company
    5·1 answer
  • _______ believed that quality stemmed from "constancy of purpose," and that managers should stress teamwork,be helpful rather th
    6·1 answer
  • Protective covenants: Group of answer choices a.only apply to bonds that have a deferred call provision. b.are primarily designe
    11·2 answers
  • Monopolistic competitors in the food industry, acting in their own self-interest, will often include a recyclable symbol on pack
    5·1 answer
  • MHM Bank currently has $700 million in transaction deposits on its balance sheet. The current reserve requirement is 8 percent,
    6·1 answer
  • Suppose Saron has 7 Birr to be spent on two goods: banana and bread. The unit price of banana is 1 Birr and the unit price of a
    5·1 answer
  • Today, you borrowed $12,200 on your credit card to purchase some furniture. The interest rate is 16.8 percent, compounded monthl
    13·1 answer
  • You are analyzing the following four companies based on their debt to equity ratio. which company has the highest risk of insolv
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!