Answer:
Explanation:
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Answer:
The alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.
Explanation:
This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.
FV formula;
FV = PV(1+r)^n
PV = 800
discount rate; r = 12% or 0.12
total duration of investment; n = 3
therefore; FV = 800(1+0.12)^3
FV = 800 * 1.404928
FV = 1123.94
To the nearest whole dollar, the amount will grow to $1,124
Answer: Automatic stabilizers
Explanation:
The automatic stabilizers are one of the type of fiscal policy that which are design for the economical fluctuation. It is mainly authorized by the government and also by the policy makers.
The automatic stabilizer is also known as the economical policy and the activity is done without any government intervention. In this system, the income and taxes are get decreased or increased in the business cycle.
Therefore, Automatic stabilizers is the correct answer.
Answer:
C. Ignoring shareholders' rights
Explanation:
Corporate governance refers to the way corporate companies are controlled and directed. The board of directors provides corporate governance in a company. Good corporate governance establishes a framework that protects shareholders' rights in the company.
Some of the shareholders' rights include
1. Right to vote
2. Right to transfer ownership
3. Right to dividends
4. Right to inspect corporate documents
The board of directors must ensure fair treatment of all shareholders, including the minority. The board has to put in place mechanisms that address shareholders' concerns and offers redress when their rights are violated.
