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Fudgin [204]
4 years ago
10

A proxy given to a caretaker to vote at stockholders shares is a: A power of attorney B trading authorization C discretionary au

thority D voting trust
Business
1 answer:
vova2212 [387]4 years ago
7 0

Answer:

A) Power of Attorney

Explanation:

When a stockholder cannot attend a corporation's annual meeting, he/she can issue a power of attorney to another person to represent him/her at the meeting and vote on his/her behalf. In business, this is called a proxy, where the individual granted the power of attorney acts as the stockholder's proxy.

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A German firm that manufactures precision scientific instruments has built a new factory in Nebraska on property that it has lea
Juli2301 [7.4K]

Answer:

greenfield venture.

Explanation:

The greenfield venture is the venture is a type of foreign direct investment i.e. FDI in which the investment is made either by an individual, firm or company in the other country. In this the business is developed from the initial stage also it has the highest controlling power. Also to set up the business in other countries, various benefits are provided that are in terms of discount, commission, subsidies, tax benefits

Therefore the given situation represents the green field venture example

5 0
3 years ago
Pure monopoly refers to: Group of answer choices any market in which the demand curve to the firm is downsloping. a standardized
Leokris [45]

Answer:

Option C seems to be the correct choice.

Explanation:

  • A market whereby all single corporation has a complete understanding of the country marketplace when purchasing a product attributable to a certain sort of obstacle to several other companies joining, almost always a patent owned by the attempting to control business.
  • A pure monopoly has been characterized mostly as individual manufacturer sellers, i.e., 100 percent of the market share. Throughout the UK, a corporation can be considered and has monopolistic control if someone has a market penetration of further above 25 percent.

The other given choices aren't related to the given instance. So that alternative C would be the appropriate choice.

6 0
4 years ago
Firm A employs a high degree of operating leverage; Firm B takes a more conservative approach. Which of the following comparativ
Aneli [31]

Answer:

Statement B is correct.

Explanation:

High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.

As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.

Thus, Statement B is correct

4 0
3 years ago
The rate of interest banks charge on short-term loans to their best customers is the _____.
Alja [10]

<u>Answer: </u>Prime rate

<u>Explanation:</u>

Prime rate is the rate of interest charged by the commercial banks to their creditworthy customers for short term loans. These customers are usually big corporations involved in business. RRR is the required reserved ratio which the deposits that banks must keep in hand.

Federal funds rate is the charges that banks impose on other banks for borrowing. Federal fund rate is used in the calculation of the prime rate. Money multiplier formula means the bank uses to calculate the new money inflow through demand deposits.

6 0
3 years ago
Given the following information, prepare in good form an income statement for the Dental Drilling Company. (Input all amounts as
7nadin3 [17]

Answer:

Dental Drilling Company's Income Statement for the year shows Net Income of $56,000.

Please note that:

  • figures in bracket represent negative values
  • solution in excel format is attached for your reference

Explanation:

                                            Dental Drilling Company

                                                Income Statement

Sales                                                                    $489,000  

Less: Cost of Goods Sold                                    $(156,000)

Gross Profit                                                             $333,000  

 

Less: Expenses  

Selling and Administrative Expenses                     $(112,000)

Depreciation Expenses                                             $(73,000)

 

Earnings before Interest and Tax                      $148,000  

 

Less: Interest Expense                                             $(45,000)

 

Earnings Before Tax                                              $103,000  

 

Taxes                                                                     $(47,000)

 

Net Income                                                              $56,000  

Download xlsx
7 0
3 years ago
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