Answer:
The board of directors is elected to represent shareholders' interests
Explanation:
Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation. hope this helps you :)
Answer:
Quarterly dividend = $0.85
Explanation:
Shares are instruments that are used to obtain funds by businesses. Buyers of shares get ownership of part of the company in exchange for their money invested.
As a way to motivate investors to buy, companies quote a dividend payout to investors.
In the given scenario the dividend yield is 4% on a $85 stock
The yield is yearly
Yearly dividend = $85 * 0.04 = $3.4
We are required to get the quarterly dividend
Quarterly dividend = 3.4 ÷ 4
Quarterly dividend = $0.85
Answer:
$302,500
Explanation:
The computation of total amount of product costs is shown below:-
Product cost for 11,000 units = Direct material + Direct labor + Manufacturing overhead cost incurred
= ($7.30 + $3.90 + $2.20 + $14.10) × 11,000
= $27.50 × 11,000
= $302,500
Therefore for computing the total amount of product costs we simply applied the above formula.
Answer:
$124,966.9
Explanation:
The computation of the market or resale value is shown below:
$100,000 = $10,000 ÷ (1.15^1) + $10,000 ÷ (1.15^2) + $10,000 ÷ (1.15^3) + $10,000 ÷ (1.15^4) + Resale value ÷ (1.15^4)
$100,000 = $8695.65 + $7561.44 + $6575.16 + $5717.53 + Resale value ÷ 1.749006
Resale value ÷1.749006 = $71,450.22
So, the resale value is = $124,966.9
We simply applied the present value formula
Answer:
$7.8
Explanation:
Variable costs = $504,000
Fixed costs = $392,000
Number of units produced = 84,000
Shipping charges = $4,500
Therefore, the variable cost per unit is calculated as follows:
= Variable costs ÷ Number of units produced
= $504,000 ÷ 84,000
= $6 per unit
Incremental fixed cost per unit (For 2,500):
= Shipping cost ÷ 2,500
= $4,500 ÷ 2,500
= $1.8 per unit
Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.
BEP (in sales price per unit):
= Variable cost per unit + incremental fixed cost per unit
= $6 + $1.8
= $7.8