It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.
Answer:
The notation that is made in a formal business letter that contains additional documents in the envelope is:
“Enc.” or “Att.”
Explanation:
"Enc." means "Enclosures," while "Att." means "Attention." These notations draw the attention of the letter recipient to the fact that there are other documents that may be accompanying the business letter. The plural form of the word "Enclosures" is regularly used with the number of enclosures indicated. But if it is one document, then the word "Enclosure" is preferred, indicating that the document is not more than one. When "Attention" or "Att." is used, the documents are listed.
Answer:
a. 41.6 million
b. 42.28 million
Explanation:
The computations are shown below:
a. For the forecast for July month:
= Number of checks received in June × smoothing constant + (1 - smoothing constant) × forecast in June
= 40 million × 0.2 + (1 - 0.2) × 42 million
= 8 million + 33.6 million
= 41.6 million
b. For the forecast for August month:
= Number of checks received in July × smoothing constant + (1 - smoothing constant) × forecast in July
= 45 million × 0.2 + (1 - 0.2) × 41.6 million
= 9 million + 33.28 million
= 42.28 million
c. In this, the exponential method is used. But in the given situation we use linear forecasting method
Answer:
The answer is D. Acquisitions are sometimes involuntary or even hostile
Explanation:
Out of all the options, the correct one is D. Acquisitions are sometimes involuntary or even hostile.
Hostile acquisition is the type of acquisition when the board of directors of the target company is against takeover of the company while involuntary or voluntary acquisition is the type of acquisition that the board of directors of the target company duly approves the takeover.
Answer:
The net income for the year is $ 361.
Explanation:
This question requires us to calculate net income for the year. The entries that hit retain earning account is given in the problem. It is mentioned in the question that retain earning decreases by 123 dollars. We know that addition in retain is earning is due to net income and decrease in retain earning is due net loss or dividend payment. So
net income = $ 484 -$ 123 = $ 361
