Answer:
The board members of Company A, Inc. are considering purchasing a warehouse for the storage of inventory for the company. During the consideration of different warehouses from the realtor, the board votes to purchase the warehouse in Ohio as a centrally located warehouse to their Michigan headquarters. During the discussion, not many options were discussed regarding each property, and the board rushed the process. One of the board members stated that the process did not require much time because they relied on the information and reports from the realtor. It is later discovered that a board member, Lisa, owned 10% of the Ohio Warehouse that the company purchased. She has stated that the warehouse was 10% hers as a result of a property settlement years ago, and she did not see her small interest ownership as being something to the level that she was going to greatly benefit from the sale, so it was nothing she felt a concern about. Some of the shareholders feel this decision may not have been in the best interest for the company and are considering legal action against the board.
a. Explain what defense the board members have regarding their decision i
Explanation:
I don't know
Leadership!! All successful supervisors have this. (Empathy and compassion, effective communication, and problem solving)
- hope this helps!
Answer:
b) $5,000
Explanation:
Provided that
Market price to sell the land this year = $80,000
The price of the land next year = $78,000
Renting it out will cost per year = $7,000
So, the economic depreciation would be
= Market price to sell the land this year - The price of the land next year
= $80,000 - $78,000
= $2,000
And, the total return would be
= Renting it out will cost per year - economic depreciation
= $7,000 - $2,000
= $5,000
Its letter b. <span>guarantees of customer satisfaction
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Consumer protection<span> refers to a group of </span>laws<span> and organizations devised to ensure the </span>rights<span> of </span>consumers<span> as well as </span>fair trade, competition and accurate information in the market place and <span>to prevent businesses that engage in </span>fraud<span> or specified unfair practices from gaining an advantage over competitors. </span>
You are considering an investment for which you require a 14 percent rate of return. the investment costs $61,900 and will produce cash inflows of $26,000for three years.You should not accept this project based on its internal rate of return, because the IRR is 12.51 percent