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3 years ago

Corporate shareholders are best protected from incompetent _______.

Business

2 answers:

gavmur [86]3 years ago

6 0

Answer:

Explanation:

Shareholders may protect their rights indirectly, by bringing lawsuit against management or controlling shareholders on behalf of the company itself. These rights are crucial for the protection of share holders from poor management. It is pertinent and paramount to note that regulations protecting the shareholder rights secure the equality of the shares and to protect the company's minority shareholders.

nirvana33 [79]3 years ago

3 0

Answer: A

Explanation:

Management decisions by the ability to engage in proxy fights. A proxy fight, also known as a proxy contest or proxy battle, refers to a situation in which a group of shareholders in a company joins forces in an attempt to oppose and vote out the current management or board of directors. In other words, a proxy fight is a battle between shareholders and senior management for control of the company.

Corporate shareholders are best protected from incompetent management decisions by the ability to engage in proxy fights.

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Action Aaron McKinney is a cost accountant for Majik Systems Inc. Martin Dodd, vice president of marketing, has asked Aaron to m

Lilit [14]

Answer:It will not be ethical for Aaron to attend the meeting and share relevant cost data

Explanation:

Sharing of the relevant cost data will enable the competitor to have a good idea of what goes into Aaron production and it's pricing policy which may be use to the advantages of the competitor.

Furthermore there is no law that protect a firm from his competitor abuse of information obtain through mutual consent.

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3 years ago

On January 1, 2018, Earnest Company purchased equipment and signed a sixminusyear mortgage note for $ 110 comma 000 at 15%. Th

GarryVolchara [31]

Answer:

D. $ 16 comma 619

Explanation:

Mortgage Installment is compromised of the interest and principal payment. The principal value is calculated by deducting the interest on opening balance of mortgage from installment of the year.

Mortgage Amortization schedule

Date Installment Interest Principal Balance

January 1, 2018 110,000

January 1, 2019 29,066 (110,000x15%) 16500 12,566 97,434

January 1, 2020 29,066 (97,434x15%) 14,615 14,451 82,983

January 1, 2021 29,066 (82,983x15%) 12,447 16,619 66,364

7 0

4 years ago

Joe wants to be able to purchase a dream car on January 1,2004, just after he graduates from college. Joe has had a part time jo

Bad White [126]

Answer:

FV= $46,031.45

Explanation:

Giving the following information:

Monthly deposit= $450

Number of months= 59

Interest rate= 0.21/12= 0.0175

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {450*[(1.0175^59) - 1]} / 0.0175 + 450

FV= $46,031.45

5 0

4 years ago

Having done "21 for 21" shots, deanna barely remembers her 21st birthday. that is, her _____ memory is sketchy.

zysi [14]

The answer to this question is episodic memory
episodic memory refers to the recollection of personal experience that cames in the form of small fragment.
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8 0

3 years ago

Merone Company allocates materials handling cost to the company's two products using the below data: Modular Homes Prefab Barns

Olin [163]

Answer:

$266,647

Explanation:

Total Moves = sum of total expected material moves of modular homes and prefab barns

= 580 + 180

= 760 Moves

Material handling cost allocated to Modular homes:

= (Expected total materials handling cost ÷ Total moves) × total expected material moves of modular homes

= ($349,400 ÷ 760) × 580

= $266,647

If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to: $266,647

4 0

4 years ago